Search results

I’m not 100% sure, but I think the broker versions lack features that full standalones have.

Do yourself a favor and go to beauty, or cooking school. The fact that you’re asking this question guarantees failure in the trading business. No offense

A lot depends on where you reside. Some areas just have poor internet and utility service. It’s much more cost effective to run from your home office. To rent the computing power I need for my operation would cost an arm and a leg.

As vulturistic as this sounds, I don’t see it as a problem at all. A housing crash is healthy, as it allows the market to reach equilibrium. Teaches the debtors, lenders, and government important lessons, and creates inefficiencies, and opportunities for fiscally responsible people.

And also that there is no risk-free position, whether it’s naked, hedged, non-correlated, mean reverting, etc.....

You need to thoroughly understand and trust your front end. In my case, if things get out of whack: 1. Direct my front end to completely disconnect from IB, which simultaneously disables all automation/trade management. 2. Use the IB “Close All Positions” feature. This instantly flattens out...

You’re ok in my book :)

Buy farmland

A lot of balls out there. Brains much less. Neither guarantee a positive outcome in trading.

How did you figure that? I can’t name one stable, fully automated third party Python platform that can trade even minute bars. I can name at least five .NET platforms that will get you up and running within days. Now if you’re talking analysis, Python is great, but 99% of retail won’t know how...

Retail trading plan only needs: 1. Context 2. Geometry 3. Statistics 4. Money 5. Balls And Mark Douglas won’t help

I agree. Should have said FYI, if you want to trade then........... .NET provides widest selection, but can be anything though.

If you want to actually trade, you don't handle Python IB API connection problems, unless you want to be a professional programmer. You lease, or purchase a stable C# trading platform, customize how you like, and let the developers worry about the bugs and instabilities.

Richer than us probably :)

“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.” - Jesse Livermore

Please stop spreading false hope. This simply isn’t achievable at retail level.

Your reversal could be someone’s pullback trade

That would be the only reason, and it wouldn’t be a trivial task. If you can leverage a reputable .NET platform, you’ll be miles ahead.

Live trading OTOH is a different story :)

You can do what TS does, and more with a lifetime Multicharts license, and have better data, and brokerage service. IQFeed>Multicharts>IB API is hard to beat for retail.