This is a duplicate post. Please refer to the post with same title under "Order Executions" forum.
My question is about whether paper trading fills are realistic if it were actual money being used instead?
I just posted a trade in my TOS paper trading account and it was filled.
It was a SPY 114/115 bull call spread for a $0.88 debit (using options that expire this week) and it was filled within the first half hour of trading (today is Monday, November 1, 2010).
TOS paper trading filled the...
They do have a "know your customer" questionnaire that asks for info about annual income, experience, net worth etc.
After the second rejection, I sent an email to TDA saying how disappointed I was and that I was thinking about closing my account.
Their rep replied saying that I had to...
I normally prefer not to post on such philosophical issues as there are many different opinions and more than one person can be correct...buy any way...
I am an Indian citizen who lived for the last 10 years in US...so I think I have the right and capacity to comment on both countries...
I am not sure if you understood my original post but anyway....
Most brokers, definitely TDA, have diff trading levels for trading options. With TDA it goes like this:
Level 1 - Write covered calls and cash secured puts
Level 2 - Purchase options
Level 3 - Create spreads
Level 4 - Write...
I struck out a second time with TDA trying to get approval to trade spreads. In any case, their commission is too high if trading around 50-100 option contracts.
Can anyone here recommend the best broker to trade spreads? Both in terms of commissions as well as ease of approval for the...
Also consider this about backtesting: as is familiar to anyone who has read a mutual fund prospectus "past performance does not guarantee future results". Very true.
However, any new strategy or "aha" moment has to be tested for validity. Otherwise it is just an idea, nothing more. A serious...
Thanks MGJ
Of all the replies yours was at least a bit helpful; I did not think about the in sample/out of sample method. But after backtesting, when I paper traded and even actual money traded my method, it was moderately successful. But using a date in the past as the cutoff sounds...
No sir, my backtesting is most definitely NOT of the type "If I had bought GOOG in 1998" or "If I had bought MSFT in 1982" etc...
I can prove that you pick any random stock from the S&P 500 and my strategy is simple enough that it will work on that stock. In fact, the criteria for my strategy...
I am not sure if this is the best forum but I will post anyway. It is okay if someone moves it to the appropriate forum.
Let's say I have a few successful trading strategies. By successful, I mean the backtesting results have been good to great ! Now I know that a lot of real traders/old...