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For each instrument I assigned a base slip equivalent to one tick considering 50% of the time you would get the same fill as the bar close print price and 50% of the time you would get the filled on the other side of the bid/ask than the bar close print. This slip assignment seems to be...

Making Adjustments After Going Live – KC (Coffee) Trade This is an example of adjusting a trading plan after experiencing live results. Simulated and back tested trading results assume perfect entries and exits. It is normal practice to assign a slippage factor to a back test, but real...

Week Jan 22nd – Jan 26th Back to green, but still in “The Grind”. The week was a good net positive, but still grinding away until the P & L curve is able to recover the losses from the previous week. Did a good job of executing all signals as presented. Back testing from 2016 – 2017 for...

Trading through Drawdowns. Grinding Until Recovery. This topic is what I am focused on this week. Can I properly execute my strategy calls after a draw down week? I call it “The Grind”. When you have a strategy or any other approach with a positive expectancy over time, are you able to...

How fast are needing to make trading decisions and enter orders? How many trades are you making in a day? Are you intraday scalping using short time period analysis or swing trading over days / weeks? Knowing your trading style will probably illicit different suggestions.

You're right. If it works, it doesn't matter why it worked. If I can pick these ups for .15 a call each Friday afternoon (big if though), try it for a period of times and see how it goes. It only needs to hit once to be long term profitable at .15 a call.

Very much odds against (95% against??) any thing comes of this, but that is why they cost .15 cents. I think the fill was made by some program trading system looking at discrepancies in VIX option Bid / Asks. The Bid / Ask at the time was .10 / .20. When I put in the .15 bid, it was instantly...

No not using the IB excel DDE API. After the studies are run for the next day's calls, trades are manually entered in TWS using the time variable to trigger the execution during pre-market. Again, will need to research if I can tie the decision studies into the Excel DDE API to create entry...

Good advice, I'll set some of the position to capture a quick spike. Or maybe setup a ladder at progressively higher prices to try and maximize a larger spike scenario.

Yes, aware that they can be coded through the IB API. But haven't made the effort to tie in my strategy decision making system with the API yet. A few more mistakes like this though might move that up the priority list.

Follow up. I executed this trading idea on Friday five minutes before close. I put a .15 bid on the VIX JAN 24 14.50 to purchase 10 calls and got a fill. Total cost of position with commission $160.00. But will need a big chain of events for the VRO to close above 14.50 on 7:00AM Wednesday...

Week Jan 8th – Jan 12th A draw down week. Some perspective on draw downs for this approach. The 2 year back test results showed approximately 25% of all weeks would be negative NAV. Average negative week over 2016 – 2017 was -$2,470, so this draw down is stronger than average. The baseline...

I would concur with fan27 here. Intraday in and out trading to me requires a different set of mental control qualities to be able to handle the multiple highs and lows that can occur as wins and losses occur during the day. For me setting orders at the beginning of day with automated combined...

Shortened Holiday Trading Days – To Trade or Not to Trade? With the MLK short session trading occurring this week this brings me to a decision all traders need to make. In the past I have wondered whether to trade shortened market hour days or not using this strategy. CL, HO, NQ, GC, and NG...

Keeping the journal and answering questions from other members has kicked off a number of "Why do I do this" thoughts in my head. Why have I decided to trade in certain ways with this 8 Futures Basket trading strategy? Can I explain it in a way that presents any logical reasoning? I've been...

Yes, everything is automated at this point. What I am using now was developed over 18 months in spurts of research and analysis. Seems like every week I would learn something new, find something I could keep, find things that weren't worth keeping, etc. I would develop a baseline then...

No problem Simple. 1. The purpose of the 8 future basket was to trade a mix of products to provide some degree of uncorrelated trading. There are some exceptions - CL and HO are almost 100% correlated. When CL goes up or down, HO almost always follows because it takes crude oil to make...

Yes, for this to hit with any big value it has to expire at the high number. Not going to catch a big intrinsic value as you point out as anyone that sold the calls is likely to only buy back at low intrinsic betting the underlying VIX future will fall sharply before the expiry. Even the...

Is this accomplished through discretionary trading as you watch live price action on your 40 underlyings or are trades executed through algos?

That is why the "sort of" is posted along with it. I made the decision to live trade the 8:35 AM entry for livestock instruments last weekend, so I could experience live fire difference between the two entry points. I executed the intentional change consistently all 5 trading days. Then posted...