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In my latest disclosure on IB they go over the fact they internally match Buy and Sell orders rather than place each out on an external exchange. IB rightly notes this eliminates exchange fees. What IB does NOT say is whether or not the sides to the trade see no exchange fees charged for the...

Yes, www.optiontradingtips.com by a Peter McPhee. The gridsearch for Implied Vol given price works flawlessly in real time on a massive sheet. Almost no perceptible lags of any kind despite the fact this algorithm is running continuously on a huge sheet. Here is a link to download his sheet with...

I tweaked an options VBA function routine I found on the 'net and it performs effortlessly in "real time." While Excel itself is now almost garbage in terms of being so slow due to all of the visual "bells and whistles" MS added starting with 07, VBA is plenty fast.

I'm not sure you understand what that product is. It's an incredibly expensive real-time system for physical oil traders.

Thanks for this.

IB is by far the most technically capable back-end for algorithmic trading by a retail (home) investor. The platform fees for CQG (my preference among) and TTrader, including API and historical data, are astronomical ($2K/month + exchange market data). IB has hundreds of very active API home...

Your trading system can act as if you have both on but the clearer will always show no position. For instance, you can be long AAPL on conviction but sell it on a daytrade. When you cover the sell you will be back to where you started, long again. Your trading system thinks you have two trades...

Been using the "stripped down" Eikon for a few months and I'm a big fan. There are premium services you cannot access, but in my case these would be a further charge even on the "$15K" version (TR Analytics). The "free" delayed data feed is comprehensive. They have good live Physical markets...

Of course not. It's called a "straddle."

CQG's mobile app is technically sound but unbelievably horrible in design. IB has a reliable app.

You are short gamma. You have to *sell* the side with the skew (here, Puts) or buy the other side to be able to scalp a hedged holding. Else you can't hedge- you will be killed on the day-to-day hedging even if your position ultimately finishes in the money- you will buy high and sell low until...

Sorry forgot to note the TVs are no longer made and are of course not as cost-effective as a pure monitor. When I bought the TVs they specced out better than the monitors and have Sony reliability. They are on 12 hours a day for 2.5 years now and are as perfect as when I bought them. I've been...

Algos are trivial but I also trade in events where I need to stay firmly between the low latency machines I'll never be as fast as and the Excel/hand-based traders I need to always be faster than. I use a Java-based charting application which is a resource hog, and I also use Chrome which is a...

Sony KDL-32W650As Amazing "TV"s

I use laptops as CPUs.

I have two 32" monitors but I am now going to a 40" 4K one so I can stretch TWS across the top half, place my ATM in the lower-left and my Reuters in the lower right. Crossing my fingers my graphics card can actually do this (it says it can). The two 32" HD monitors are fantastic, though, and I...

An investment in Berkshire A 40 years ago would have returned 21% annually compounded. The S&P500 with dividends accounted for and reinvested has returned 11% annually compounded. Investing in 10-year Treasuries and reinvesting the coupons has returned roughly 7% annually compounded. 10-years...

Options are a form of insurance and are reliably overpriced. This does not mean the price of an option cannot rise on a day-to-day basis, nor that an option cannot finish sufficiently in the money to more than cover the premium. But the inherent pricing is overpriced, with risk-averse investors...

Buy and hold, long vol "no." With scalping, perhaps. Short vol, "yes"

Win7 is essentially Vista, and Win7 is an excellent operating system. C++ code compiled using VS is very powerful. IIS works well. Unneeded services can be stopped. And the local network can be configured. I'm an old Unix/Solaris guy, and I find Win7 to be tolerable, which is saying something...