Tag Archives: best brokers

MF Global Bankruptcy – A Concern for Day Traders?

As of midnight on Monday, MF Global, a brokerage firm, was about to be acquired by Interactive Brokers due to MF’s irrecoverable position. The deal fell through and MF Global has filed for bankruptcy. More surprisingly, at the final hours of the original deal’s negotiation, MF Global disclosed that approximately $700 million dollars in customer […]

Day Trading Data Feed & Broker Tips

Periodically, I like to help customers with things that are outside the price action methods I teach. This week I’d like to discuss commissions and execution. Even though we can’t control market direction or volatility, there are certain aspects of trading we can control. The first of these is commission. In today’s environment, we consumers […]