Recent content by zoned_post_meridiem

Yikes. I don't have a lot of firm trading rules, but one is that if it seems too easy (like, selling a basic two-leg option strategy), it's not going to work because someone else would have figured it out a long time ago. In my experience -- and it's a lot more limited than many here, but still...

Yep, and I've done that. But I don't know of a way to --- in one order screen --- create a setup that sells 50% of the position at target and set that adjusted stop for the other 50% when target is reached. In MC, I can easily pre-define that order type/exit strategy, so it's a one-click affair...

Multicharts has this great order type where you set a stop loss for the full position, a profit taker for 50% of the position, and then automatically set a trailing stop for the remaining 50% at the profit take threshold once it is reached. Sadly, that last part only stays active while MC is...

Thanks. That's too bad. I'd written my own beta hedge function for Multicharts, but it's cumbersome to use, and I was excited to find the much more elegant TWS option. But if it hedges a round lot of CLDR with 1 share of SPY ... :)

Does anyone know how IB calculates the beta that's part of their Attach ==> Beta Hedge functionality in the advanced order window (here's an example of the same function in the classic interface...

You need to? I'd love some backstory ..

Nothing "went wrong" with it. Even a great setup works maybe 60out of 100 times. This may simply have been one of those other 40 times.

"Amateur investors who loaded up on J.C. Penney Co. shares as the retailer went bankrupt are now pleading with a judge to spare them from a complete wipeout." YOU BOUGHT A BANKRUPT COMPANY! Shareholders are last in line in bankruptcy proceedings. You gambled that it would play like Hertz and...

I don't know who your broker is, but IB allows for a PDT 'reset' once every 180 days. Basically, if your account is coded as PDT, and you violate the rules (e.g., by being <$25k), you can ask to remove the PDT flag and continue (non-day) trading.

VPS. I use chartvps.com, and it's trivial to get your trading software installed. You can access it via remote desktop from any device, including tablet/phone.

NBBO. With one contract, that should be fairly simple to hit.

I was kidding, of course. There's absolutely no chance to reverse engineer anything from entry/exit numbers only.

They still have to give you the best price though, right? Can't just internalize at a lower price than what's on top of the book.

Keep them coming. Someone is going to reverse-engineer this. :)