laurnew

Hi CassA...happy to answer your questions from my perspective but keep in mind that thousands of people use and like Lightspeed. I could not get a handle on the Lightspeed Trader buttons. I just couldn't get it figured out...certainly not like the sensitive DAS buttons. Lightspeed usability just isn't comparable. It just depends on what your needs and trading style are....truly. It can't hurt to check LST out for yourself but IB is a much more developed company with great support around the clock. It's not just DAS that is the consideration. I had several situations where I was actually given the wrong info as it pertained to some of my trades. Lightspeed has a small team and limited resources. I've had a few issues with the DAS platform too. One of the tips that one of the customer service guys told me to do, is to keep a backup copy of my desktop somewhere else....like on my desktop. For some reason, if it gets corrupted and needs to be uninstalled to clear the issues.....my desktop version will not be lost if I then open the backup that is stored there, once the software is reinstalled. Perhaps you need to uninstall your copy and start again. Next time, save a copy to your desktop and re-save it from time to time with the updates to your layout as you develop it. They can talk you through uninstalling at DAS and provide you with a download link to reinstall. It's not really a big deal like it sounds. The charts at LST are ridiculous. Do not fool yourself into thinking that you will be able to use them. One of my teachers uses LST as his brokerage and trading platform but he pays big money to subscribe to Esignal for ALL of his charts, which are excellent. DAS is not perfect but for me it's awesome because of the SIM, the sophisticated IB brokerage linked to it (where I can also trade options and futures) and the functionality. I have not been a trader for all that long and I'm sure there are other solutions out there and will be more in the future but I do think that DAS and IB are platforms that I can grow with so for now, that's where I am! Hope this was helpful to you... Laurie

My experience is that .05 is max for me. I've even tried .02 or .03 but it's hard getting filled at those. If I do .10 I can start with a larger loss and it's more difficult to catch up to break even.

I was with Lightspeed and switched to DAS. For so many reasons, I am much happier now. I s'pose it depends on what your needs are but my needs were not met with LST. Do you have specific questions?

I so agree with that, Robert. I do that now. Learned the hard way. I have also accidentally re-sorted my entire watchlist (both long and short term) by a click of the mouse. I've done this several times now. I still do not know how to undo it when that happens. However, by saving my layout to the Default right after building the daily watchlist, I'm covered.

I have both halves and quarters scale out buttons and I often use a combination depending on how the trade is going. Seems to give me what I need for the time being....though I'm still in sim and still getting acquainted with my 'style.' I like your analysis, Robert.

Robert....personally, I think it's a guy thing. People just poking other people to get a rise. After all, it doesn't really matter 'why.' People want to be respected for their choices and so, they need to respect the choices of others. Super cool the way you guys stick up for each other though. I like being a part of this sophisticated, caring and sUper comical group. :))

Hahahahaha! You guys rock!