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@clipsnation183 amazing how you handled this horrific learning experience with such peace. Hats off to you. I too got hit - even I haven't been trading SO recently - I got into this. I'm kicking myself for being a greedy bastard. In addition to learning from this painful lesson, I am telling myself to learn how you have handled everything, with pride. For the pot stock with recent news events, I suppose many crypto minded figures have piled in. It is even wilder than BTC last fall. I'm fairly certain after I cut my loss - by the time expiration comes, the position would have been profitable - but for me that'd be impossible with the short calls in place. Lesson for myself: 1. heed the moral of "too good to be true". 2. do not play if I don't understand. 3. position sizing regardless how good something sounds on paper. 4. there's no hail mary.

Tradier's support said nothing was wrong. To me, today they have been extremely sluggish.

You’re master account has to be an individual for it to stay non professional. An LLC automatically makes it professional account. For FA account I believe you can manage up to 15 accounts and stay non pro.

@SBatch how do you manage oca orders then? What do you use for goog pcln trades or other scenarios where oca might really help? Oca is one reason that I haven’t entirely switch off from IB

IB confirmed this time without arguing - market data went down. hi, my IB TWS crashed and then i logged on but could not see any market data. US Farm: disconnected ushmds: disconnected gdc1.ibllc.com: connected Mike C: Yes, Market Data went down, out back office is currently working on getting it back up

Anyone having issue with IB market data? I can't get any ticker now. This Friday has not been good for me.

Confirmed that I have an order GTC this morning to close at 2.1 but around their outage period, I adjusted it lower and it did get executed. However, on the web interface as well as my api status query, it stayed as order open for STC at 2.1. Tradier manually amended the order status but told me it would not show through the interface just yet. I requested that no matter how long it takes, the original order id must have the newest status at some point for my api to pull in. In sum, new order should work but old orders whether outstanding or with a change status, I recommend you to manually confirm (say, change the price by a penny and see if it gets through)

Regarding tradier current status: I have some orders that are on their active working status visible to me, but internally they are filled or canceled - Tradier is working on that right now, but all new orders would be taken in.

The preview finally works now but submit for change or new order still does not get the order in. Tradier said they are working on this but can't give ETA. This is about the longest outage with them in my 5 months with them. I have requested repeatedly they set up an alert system re: system status on their main web site or via twitter. One would think being a smaller API shop they would be nimble enough to implement such a feature.

@SBatch @clems I suppose when Tradier has an outage of sorts, you guys would experience it from your GUI as well, right?

I think not only the web interface but also the backend is kind of messed up now. I can't do any order activities at this moment. Only thing working is market data streaming.

Just found out clearing fee is 10c per contract. It would take about 16 contracts per single leg to about break even and more to be more economic compared IB for larger trades assuming IB avg fee is 75c. Under the regular size it sounds like TT charges on avg 50c per contract ($1 to open and free to close). With the regular schedule do you pay clearing fees on top of the 50c?

having all these brokers compete on cost is a good thing. How much is the clearing fee on average does any one know?

Thanks @clems certainly can't beat $89 a month. Do you know where TradeHawk get their live options market data from? I suspect it's from somewhere other than Tradier since tradier doesn't currently supply greeks.

For the pro version, TradeHawk also advertises the following deal - I wonder if they let you combine it with the Tradier deal for SO members ($40 flat fee)? That would sound too good to be true, as $89/month is quite awesome already. Anyone has any experience? Pro: stock and options. Pay $49 per month for TradeHawk plus $.35 per contract and $3.49 per equity order.* Trade more than 300 contracts in a month, and the $49 monthly fee is waived for that month!

@NikTam Thank you for sharing the trades.. After the earnings season settles down, would you be able to share the overall performance of these directional earnings trades? Win rate, average profit and average loss, etc? Thank you..

I think provider just got it ready at 10:48pm

Apologies. I just realized this is CSCO thread. Probably we should move the conversation into the broker discussion thread.

@clems - I currently use my own scripts to so I don't screw up Tradier order entry. It's great to hear about dynamic trend. How do you like its trade management vis a vis Tradier? I'm asking because I suppose you establish your position on DyanmicTrend with a particular strategy (grouping the legs together), but Tradier would only recognize the position as individual legs. Presumably certain symbol+expiration+strike combinations can be shared beween different strategies. So does a DynamicTrend position somehow gets linked to multiple Tradier positions so it's easier to issue further adjustments from within DynamicTrend to populate Tradier tickets?

Thank you @clems awesome review. On the link between dynamic trend and tradier, I have a question. I watched a video and it would seem to me they essentially let you build a strategy inside the dynamic trend and then redirect you to tradiers web ticket to preview and submit the order? Is that the case? I was hoping to see a more seamless integration but this is still a bit clunky.

Just signed up with Tradier - test traded here for two days. On top of the $40 flat monthly fee, from what I can tell in the commissions pdf report, per contract bought or sold, there is two other fees: Trans Fee and Additional fee, totaling about 10c per contract on average. I believe these are the "exchange regulatory fees and pass-thru fees" This is what I feel about the product: Pros: Execution for the most part is similar to that on IB 10c a contract - economic for low-premium symbols/strategies API is quite straightforward and capable, simple http request and response in XML. Easier to work with than for instance that of IB. Cons: This is a so-called API brokerage. They have a primitive web interface that I suppose they don't really intend for you to trade with. The interface is absolutely minimum for order management and position management. Not to mention the absence of any other brokerage client software features. You would be expected to link a supported order management application to Tradier or to build your own software. For instance, with the minimalist interface, on order entry, you would have to enter each leg (expiration, strike, side, qty) in a combo, and when you modify - you only get to modify the price. No chance to modify quantity or side, or the combo setup. Position management - after execution on the interface you no longer see the combo position. It's broken into pieces No place to download trade executions, as you would from the interactive broker's flex report interface. I would imagine for larger and numerous positions, traders would have to rely on their own software (home made API clients or an OMS app) in order to journal the trades. Support is okay for a small firm. The turnaround for my technical questions is about 24 hours. But when their system had issues - Tradier backend was not responsive to order modification for half-hour on 2nd day of my trading after market open, they did not send notification or display the issue on their web. A broker had to help me change the order on the phone. Overall, I don't think one can rely on Tradier as a brokerage alone. But with appropriate software or tools, it's a worthwhile broker for some of SO trades to help with commissions.

@blackice, i think Yahoo Finance has this business calendar you get to scrape. For instance: https://biz.yahoo.com/research/earncal/20150203.html. Ycharts also has it but I don't know if they can be as tolerant as Yahoo for robots. I also have a plan to do this maybe next month as an exercise.