SBatch

Creating Alpha's Tradier/TradeHawk bundle is now available! https://steadyoptions.com/forums/forum/topic/5165-creating-alphas-tradiertradehawk-bundle-package/

The trade desk will manually update your buying power when this happens. This is an Apex issue that is being worked on.

It could be related to Brexit, not really sure. The issue with Canada and Australia is the regulators do not allow rebate for order flow which makes Tradier's business model obsolete. Great example of how over-regulating can end up significantly hurting the consumer.

It can at IB but not other brokers. Best to simply cancel and resubmit.

The market maker may not be interested in filling in that venue as the rebate for order flow or volume may be inferior.

Not the broker but the market maker and they wouldn’t. However, with so many exchanges they may be working one while your order was routed to another and sits unfilled. Canceling and resubmitting will restart the smart routing engine which will now recognize the order at the other exchange.

There simply will be no difference in fills across all brokerages on the underlying that Creating Alpha trades. This is not debatable, it is simple supply and demand, the liquidity is there. If someone has an order sitting for a CA fill even though it just filled at the other brokerage one simply needs to cancal the existing order and resubmit and it will almost always fill.

Interesting article potentially explaining why we are seeing superior fills at brokers who cater to the retail investor (Tradier, Robinhood and TastyWorks) as opposed to those that cater to the institutional investor (IB, TOS). It’s basically stating that the market makers prefer retail flow so they are willing to pay more for it which will in turn result in better fills for those of us using Tradier, RH and TW. https://www.theblockcrypto.com/2019/01/25/robinhood-has-slashed-the-percentage-of-orders-it-sends-to-high-speed-trading-firm-citadel-securities/

Looks like Tradier has added a mobile specific platform. This will not be part of the Creating Alpha bundle but could be an add-on for those that require a robust mobile app (however I have no personal experience with it): https://brokerage.tradier.com/platforms/rho

For those looking to learn more about TradeHawk (the trading platform), training videos can be found here: https://mytradehawk.com/videos/ For those looking to learn more about Tradier (the Introducing Broker), details can be found here: https://tradier.com/ For those looking to learn more about Apex (the Clearing Agent & Custodian), details can be found here: https://www.apexclearing.com/ For those looking for a detailed background and discussion on Tradier and TradeHawk, it can be found here: https://steadyoptions.com/forums/forum/topic/3318-tradier-brokerage-special-offer/?tab=comments#comment-62192

We believe this to be the absolute best offer available in the marketplace for the active trader when taking into consideration commissions, execution, platform and customer service. This is the only subscription available at this time from Tradier that allows for a free platform and commission free trades. The current TradeHawk offer is $159 per month for unlimited commission free trades (https://mytradehawk.com/pricing/). Here are the details of the PureVolatility offer: Unlimited stock and option trading: 0-3,000 contracts per month = $119 TradeHawk Fee 3,000+ contracts per month = $0 Tradehawk Fee THOSE CURRENTLY SUBSCRIBED TO THE SO/TH PLAN FOR $109 CAN CONVERT TO THIS PLAN FOR $109 WHEN UNDER 3,000 CONTRACTS VIA TRADIER’s GRANDFATHER OFFER. For additional accounts, Tradier will give subscribers $0 commission trading for $45/month. This fee will be refunded with 2,000 contracts traded. This can be in the account independently or 5,000 contracts across the two separate accounts. $10,000 minimum balance required. There is no separate SO/CA/Tradier fee. Subscription excludes other fees such as options exercise and assignments. Tradier Brokerage passes along all exchange and regulatory fees (approximately .09 per contract). If you are unfamiliar with TradeHawk, best to set up a free Paper-Trading account (no Tradier account required at this step) and schedule a platform tour with Lex. PLEASE USE PROMO CODE TLT ELEPHANT: https://mytradehawk.com/ Considering the TLT Elephant will do between 1,000 and 1,500 contracts per month alone on a $10,000 account, not including any other trades being made, hitting the 3,000 contract minimum will not be difficult. Also, consider how many SO calendar trades are avoided because they are low cost and too commission intensive. No longer an issue. There will be no charge for TradeHawk in February of 2019 to allow for subscribers to complete the account opening and funding process without being penalized. Those that already have a subscription with Tradier, but would like to switch to this offer simply need to email Tradier at service@tradierbrokerage.com (the February fee waiver will not apply to existing Tradier client's as there is no account setup to be done). In order to take advantage of the offer one must hold an active PureVolatility subscription (either individually or through the SO Bundle) and the following link must be used along with the subscription/promo code TLT Elephant: https://brokerage.tradier.com/signup/getting-started?platform=78 BILLING PROCESS: In the beginning of the month Tradier will bill the account $119. In the beginning of the following month the account will be reviewed to determine if the 3,000 contract threshold was met. If so, the account will be credited the $119. For those interested in having their contract totals tabulated occasionally throughout the month, Tradier will provide this service complimentary to CA subscribers. Simply email service@tradierbrokerage.com with your request.

Yes, as long as they are members of Creating Alpha (including bundle members).

Announcement on Monday of details and roll out date.

You’re welcome. The offer is going to be very strong. Announcement coming on Monday.

Yes.

Special offer from Tradier coming soon for Creating Alpha subscribers. Stay tuned!

Option Play is their analysis software not the trading platform.

Reminder that the 4 service bundle still grants membership to Steady Options.

I would think it can be wired directly, at the end of the day it is a simple transfer from one Apex sub-account to another within the same bank.

Don’t know about grouping yet. I would simply cut your allocation in half and wire half the capital over then the other half with trade closure.

Very intersting broker comparison with Firstrade. It seems they are burying all other Apex Introducing Brokers with speed of order routing to Apex (this would include Tradier and TastyWorks). Considering this and the following facts: They only charge .0343 per contract, have what looks like a decent mobile app, an online platform which resembles the old OptionsXpress platform which I loved, the elimination of the Tradier TradeHawk and SO fees. Looks like a winner at this point. Just submitted my application! https://www.firstrade.com/content/en-us/aboutus/press?page=pr190109

Clearing agent directs to market maker (Wolverine, Citadel, etc.). Apex makes the choice of which MM to submit to and MM uses smart routing to the exchanges. In return exchange pays MM a rebate fee and the MM shares a portion with Apex which in turn shares a small portion with the Introducing Broker (Tradier, FirstTrade, etc.).

Their fills will be the same as Tradier, TastyWorks, and RobinHood as they all execute through Apex.

They have their own. They have been around for a long time but just recently started offering zero commissions. Therefore no SO or platform fee.

I do not have experience under this scenario.