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I know a lot of our VPS users run their automated NT strategies through their IB brokerage accounts. Take a look at this recent thread on the NT support forum about managing the IB Gateway with NT...

5/18/21 +$367.04 after commission (+15 ticks, 2 contracts) The new logic for the automated stop loss to skip trail on an inside bar worked well today, allowing to capture +15 ticks profit instead of getting stopped out at only +3 ticks. Thank you Owaco for the suggestion!

I think you're right, and it does work a lot of the time. But I have found that it also increases the chance of a losing trade so I use it as a way to filter out those entries.

@tonyf VPS is a Virtual Private Server. They are managed remotely by a data center, and only you have secure access to what is run on the server. We specialize in Chicago VPS for lag free chart trading. I can arrange a free trial for you to test and learn about the benefits of trading over a...

Agreed! The free market has its flaws, but this situation is perfectly suited for capitalism to work its magic

@Owaco That one didn't count because 3 made a new low. I would have taken it only if the low of 3 was equal to the low of 1 and less than the low of 2. Basically the low of 3 needed to be within this blue box in the screenshot below. Otherwise 3 made a new low and is now a candidate for the...

UPDATE 5/18/2021 Chicago VPS are back in stock today! Gobble them up - while they're fresh and while you still can. We have a limited batch and NVMe shortage is not helping either, so we won't have stock for a while once these are gone. If anyone has tried a VPS before, you will be blown away...

Based on US savings data, that would be A LOT of quarters. Data: https://fred.stlouisfed.org/series/PSAVERT

Are you sure about that? https://whalewisdom.com/filer/scion-asset-management-llc

https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html

It's a free trading view indicator I created called "BTFD". First it uses moving averages to determine if a stock is in a long term up trend. Then within an uptrend identifies a dip and plots "BUY" if there is a strong breakout from the dip. Pine Script can be very powerful in trading view.

Today's Bloomberg article on surging corporate demand upending global supply chains: https://www.bloomberg.com/news/articles/2021-05-17/inflation-rate-2021-and-shortages-companies-panic-buying-as-supplies-run-short The middle class has never been larger or wealthier than today and wants to...

Buy the dip indicator, anyone?

5/17/21 +$17.40 after commission (+1 tick, 2 contracts) Switched to trading on phone after there were no entries during the first hour Bet on a 1-2-3 reversal pattern off the VWAP At one point position was more than $800 in the money, but quickly reversed and ended up with only +1 tick.

@DevBru What kind of exit strategy are you close with now? All in, all out? All in, scale out? Something else? Since I am now using 2 contracts, I am thinking of testing different trailing stops for each. I've coded this logic for the new automated stop trails: Contract #1: Trail by 1 tick...

You're right, but was at 6:40 last night while the price was still trying to find its trend. It crossed through the VWAP multiple times. Then in the early morning hours it found a new floor that was tested 3 times, and the price continued to climb on top of the VWAP. The 4th test of the floor...

5/14/21 +$742.40 (2 contracts for 30 ticks, w/ commission) Very good setup for the opening trade. 45 minutes before open the price rebound off the overnight low with the VWAP acting as a nice support Strong 1-2-3 pattern going in the direction of the trend. The exit today was frustrating...

There were multiple times last year when futures brokers increased margins. For example they all sent out notices prior to the election that margins were going up. Also during the covid volatility there was an entire week or two when margins required the full amount. Does IBKR have a known...

Glad to hear it! Intra day futures trading is great when you know the game you're playing. I didn't take any trades today because I'm focused on the 1-2-3 reversal pattern, but looking back at today the breakout from the overnight high was spectacular! Went for 108 ticks, with each bar's low...

Happy to hear! The red and green zones are automatically drawn support/resistance.