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  1. R

    Is trading harder under current volatility or normal market conditions?

    Best trading ever. Volatility is due to sentiment, and not lack of liquidity (as with Crypto), which makes it easier to 'trust' the market and run larger position sizes. Price levels are being respected, fake-out liquidity grabs are minimal (and were non-existent during the first few weeks)...
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    Best realtime data provider for E-Mini Futures and SPY

    I use Interactive Brokers and scalp the 1m chart. I am comparing with other chart providers to see if I can find a feed with more updates per second. Charles Schwab StreetSmart Edge eSignal ProRealTime I find Charles Schwab and eSignal update quite slowly, maybe 2-3 times a second on average...
  3. R

    Watching VIX while trading ES

    While trading ES I watch SPY and several alternate ES feeds from different data providers and CFDs. In terms of other markets I will watch QQQ, XLF, IWM, plus whichever global market is in session, e.g. Shanghai Composite or FTSE. Depending on time and news, ES will often follow whichever...
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    E-mini futures vs Interactive Brokers' CFD equivalent

    In the United Kingdom, CFDs are often traded instead of the underlying stock for tax purposes. UK brokers can match exactly with the direct underlying asset price, or their own synthetic price, depending on preference. Many new traders start with the synthetic price as it avoids Exchange data...
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    E-mini futures vs Interactive Brokers' CFD equivalent

    I've been trading e-mini futures for a few years now and haven't ever traded their CFD equivalent. Does anybody have any experience or advice? What is the advantage of trading CFDs over e-minis? How does cost and liquidity compare? How closely does the CFD spread track the Globex spread? What...
  6. R

    Daytrading the whole session versus calling it a day after reaching a profit target?

    It took me about a year before I could do a full session. In the beginning, I had to stop after an hour. With the current market volatility, the past few weeks I've been trading the Shanghai, UK and US markets pretty much 24/5. I sleep between session, at weekends and when the markets are...
  7. R

    Daytrading the whole session versus calling it a day after reaching a profit target?

    Never trade profit and loss. Trade opportunities. If you get tired or if you're emotionally impacted by a win or loss, it is reasonable to stop. But as standard, stopping simply based on obtaining a profit target is a bad idea IMO. Some days you just get opportunity after opportunity thrown...
  8. R

    Backup for IB for trading US markets from UK

    I mean an API that has docs so I can recode my existing algos to work with it. I will split funds 50/50 so will probably use one for daytrading e-minis and the other for slightly longer option swing trades. The idea is if I lose access to one account when I'm in a large daytrade position I...
  9. R

    Backup for IB for trading US markets from UK

    My account at IB is in USD. I want a similar backup broker for redundancy, not because IB isn't suitable.
  10. R

    Backup for IB for trading US markets from UK

    I use IB for trading US Equities, Options and Futures, especially E-Minis. I'm in the UK, but I want my account to be in USD. I'm happy with IB but am looking for a backup broker. What brokers should I consider if I favour a reliable data feed, and ideally an open API?
  11. R

    Price Action With Python?

    Being successful in this game is having good trading ideas, being competent enough to code them, backtest them properly, and then put them into production. If one of my clients said they wanted to identify candles with a large price move, take a bitmap of the previous 20 candles and feed it...
  12. R

    Price Action With Python?

    The basics: I use traditional logic to identify areas on the chart where I'm interested in price action. For example, previous highs/lows, break up/break down candles, gaps. I then use traditional logic to identify when price is within the identified area. At this point, I'll feed real-time...
  13. R

    Price Action With Python?

    Yes
  14. R

    Price Action With Python?

    Not quite. My current use case for Neural Networks is where I already know the price action I'm looking for, and it is easier to identify using machine learning pattern recognition than with traditional if/then statements. But I'm working on it.
  15. R

    Price Action With Python?

    Agree, with one exception: Machine learning with neural networks. In this case you define the features that make up price action, but you let the Neural Network figure out what price action actually means. But, Python is good at that too.
  16. R

    Question about tickByTickAllLast API

    1. What do the following attributes mean? tickAttribLast.PastLimit tickAttribLast.Unreported 2. Where can I find a definitive list of all Exchange codes that may be returned (e.g. FINRA, DRCTEDGE, ISLAND, etc) 3. Is there any documentation specifically on the return type of specialConditions...
  17. R

    Build small profis in the morning to take bigger risks later in the day

    I don't trade those assets. But in markets that move closely together, e.g. if I were trading BTC and LTC then if the leader breaks I may jump on the other expecting it to follow. Similarly if the smaller asset breaks I may not jump in unless the leader breaks, to avoid a false breakout. For...
  18. R

    Build small profis in the morning to take bigger risks later in the day

    I tend to be in trades with max 2 assets at a time, I find it hard to keep track of more. I trade when there is a setup I like rather than because it is a particular time of day.
  19. R

    Build small profis in the morning to take bigger risks later in the day

    I trade different accounts if the assets are in different currencies. Cryptocurrencies I trade in a different account because I have to. But ideally, I would prefer my general 'at risk' fund to all be in one account and available everywhere. It takes time to shift funds.
  20. R

    programmable front end for tws

    What you're asking doesn't seem to be IB specific as it is based on price action, and everyone sees the same price action. TradingView could probably do what you're asking, or close enough, and also it would be worth checking out trade-ideas.com. Their scanner has a number of signal generators...
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