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The short answer is "No". In this session, Steve Sosnick will give a detailed explanation of why.
Steve Sosnick
Interactive Brokers,
Chief Strategist
Steve Sosnick, chief strategist at Interactive Brokers, also serves as head trader of Timber Hill, the firm's trading division, and is a member of Interactive Brokers Group, the firm's holding company. He has held numerous roles in the organization since joining Timber Hill in 1995 as equity risk manager and an options market maker. Mr. Sosnick led the firm into Canada in 1998 and managed Timber Hill Canada throughout its existence. Much of his career was spent quietly developing and implementing algorithmic and electronic trading strategies for stocks and options before moving into a more visible role as chief options strategist and later chief strategist.
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