Recent content by Lee-

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    If you knew the market was going to turn in a week

    Options are generally priced based on the market's expectation of a move over a given time. Therefore, if you can predict direction, time frame, and size of the move, then you can find an options strategy to maximize that prediction. Unfortunately you've only given a time and direction. Using...
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    Quant Cofounder for Options Arbitrage

    Sounds like you've finally learned the first part of what this forum has been trying to tell you all along. Now you need to learn the 2nd part. Why is someone going to want to share the profits from their strategies with you? You must bring something to the table. That's how you break the...
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    Connection (login) to broker via TCP with PHP

    I never used mt4, but I thought that was one of those systems where you log in to mt4 and then mt4 connects to the broker. If you need to connect to many different brokers, then you're going to have quite a lot of work ahead of you. Reverse engineering in this context means looking at the...
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    Connection (login) to broker via TCP with PHP

    You don't see a webpage when accessing because it's not intended to be accessed by a browser. You're either going to need to use the API provided by your respective broker(s) or reverse engineer their authentication protocol. It shouldn't be too difficult. This should be protected via https...
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    Option scraping help

    So the app is run by a client and the client downloads the option data directly or the client downloads option data from your server? If the latter, that's likely to make the fine folks at OPRA unhappy.
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    How to do buywrite / sellwrite in IB TWS?

    Or if you don't want to do keyboard shortcuts. Directly to the left of where it shows the margin impact is the "advanced" button. Click that and then select "+Stock Leg"
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    Only lose 1%

    If your broker pays interest on cash balance, I wouldn't say it's doing nothing. You could also buy bonds or cds if your broker supports that.
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    What is the purpose of overfill protection?

    While I can't say for sure, but consider a case where their order routing system is acting more aggressively. Possibly having orders exist, at least momentarily, on multiple exchanges such that it's in theory to get an overfill. This could increase your chance of getting a fill and possibly a...
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    Dynamically exported dialog box (MFC Extension dll)

    I don't see a reference to TakionDialog in the document you linked. I'm assuming the CDialog that it is inheriting from is the CDialog from MFC. If that's the case, then you should read up on creating GUIs via MFC's CDialog class. This is independent of Takion. Just generic Windows MFC dev in...
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    Did IB just screw me or was it the exchange?

    TWS has it's problems. Just today I was trying to do a combo order and it wasn't showing me bid/ask prices even though I could see quotes in the options chain in TWS immediately above my order window. I restarted TWS and then it started working. This is not the first time I've had this kind of...
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    IB adaptive algo - how effective is it?

    I use adaptive on illiquid option orders occasionally. When I've set it to patient, sometimes it would take maybe 30+ minutes to sort of walk the price up to the limit. However, for example, on Friday I gave it another try on "normal" setting and it appeared to just about immediately set my...
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    % ppl who earn >$1 million cumulative from trading over a lifetime?

    The numbers are brought down by those who graduate with degrees in fields that are not well paid. Also consider the people who don't actually utilize their degree or end up in jobs for which no degree is required. Some people are from independently wealthy families and end up not working at all...
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    open book level 2 or market maker pricing

    I'm not aware of an OPRA feed that contains it, but if you'd like a specific references: http://cdn.batstrading.com/resources/membership/BATS_US_EQUITIES_TCP_PITCH_SPECIFICATION.pdf Revision History (starts on page 82) specifically page 87 revision 2.36.0. Section 4.3 Add Order on page 20 --...
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    open book level 2 or market maker pricing

    A quote feed can include customer vs non-customer flag. Of course this doesn't tell you that it's a MM.
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