A: In order to place Daily Flash Cash trades, you’ll need an account that allows you to place what’s called a “Time Contingency Order” for every trade.
A time contingency order is a type of order that requires something else to happen. In other words, the order is contingent upon something else. In the case of flash trades, our orders are contingent upon time.
Here’s a list of the major brokers who currently accept time contingency orders:
Interactive Brokers – (877) 442-2757
Schwab – (888) 245-6864
Thinkorswim – (866) 839-1100
Tradestation – (800) 822-0512
Time contingency orders are nothing short of an absolute breakthrough in the trading world. They allow you to specify the exact minute you want to be in and out of a trade.