Leaderboard

We are pleased to introduce a mentoring program where experienced members will help newer members to get up to speed. The mentors will provide guidance and answer questions on the forum. This program will provide new members with more diversity, more opinions, and let older members to contribute from their experience. Traders who have been SteadyOptions members for considerable period of time, have a good understanding of options and the strategies we use, and are willing to help, are good candidates to become mentors. Potential candidates would need to build some history of contributing on the forums and responding to members questions. We currently have the following members as mentors, and will be looking to add more in the following weeks and months: @Yowster - Steady Options Contributor @krisbee - Steady Options and Simple Spreads Contributor @TrustyJules - SteadyOptions contributor @cwelsh - Anchor Trades Contributor @Marco @Paul @luxmon @rasar @Djtux @zxcv64 @Peeyotch - SteadyVol mentor Mentors will have "Mentor" title and brown color. Please note that this is NOT one on one mentoring. I encourage members to post their questions on the forums so everyone can benefit and learn, instead of PM the mentors.

So I've been following along for some time now in an IB paper account. I'm having a terrible time getting fills. In the course of digging around for ideas on how to do better, I came across this: https://www.interactivebrokers.ca/en/software/am/am/manageaccount/paper_trading_limitations.htm Note where it says "Fills are simulated from the top of the book; no deep book access". So I'm thinking, what does this mean for a spread limit order? Does it mean that you'll only get filled if both legs are top of book for a given spread price? Having one leg touch the bid or ask without the other also touching or being under at the same time means no fill? If I chart the spread, I'm frequently seeing the graph dip under my limit orders with no fills. I'm thinking this top of book limitation may explain why. Can anyone confirm?

Yes, paper account does not give reliable indication about fills. It would be very different in a real account.