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  1. yc47ib

    BTC $500k, ETH $42k, ChainLink $1,400

    This post might be the sign of the intermediate top of this cycle......LOL
  2. yc47ib

    What would be a good filter for a Mean-Reverting system?

    I appreciate reading the wonderful sharing. I recently is experimenting a strategy along similar philosophy, short term iron condor (itself a RTM strategy), while mannually managing the surprises (example, right after earning report) by short/long the principle (for the example, ususally after...
  3. yc47ib

    Non-Display Orders in Tradestation Easylanguage

    Yes, we use IBKR for years. Just that IBKR API trading does not offer free commissions, and we have large enough volume to make it reasonable to consider commission cost. That was the main reason to try TS, but it turned out a total waste of time.
  4. yc47ib

    So, about yesterday's drop...

    I have used IBKR for over 20 years. But I would say trading crypto with it is soooo backward. There are so many features needed in crypto trading that is not available in IBKR. I use kucoin, coinbase pro (in my opinion, the worst there is for crypto trading, ethically), FTX, and a dozen other...
  5. yc47ib

    Help regarding UNM

    In trading, you open a position, there is only 50% chance you will be making money if you do nothing after it. But there will be about 99% percent of chance you will be profitable if you know how to handle if you were hit by the other 50% of chance: losing money right after openning the...
  6. yc47ib

    Crypto private offerings

    Definitely a lot of opportunities in the ICO world and Sol, Avax, FTM chains. Tide float all boats. It is the best of time. The key is to be nimble, eagerness to learn and open minded and fast in and out. Not your WB type of buy and hold for sure, LOL.
  7. yc47ib

    Non-Display Orders in Tradestation Easylanguage

    After studying the TS easy language and its functions for a few months, my suggestion, the best thing to do is to give up on it, and transfer all your funds to some other brokers that actually have a tech team to develope and support their APIs.
  8. yc47ib

    dest's overwrite journal

    Option expiration day, all things go to their extreme and stay there till the end of the day. Same for all indices.
  9. yc47ib

    What would force an end to Fed and ECB QE?

    “Far More Money Has Been Lost By Investors Preparing For Corrections, Or Trying To Anticipate Corrections, Than Has Been Lost In Corrections Themselves.” – Peter Lynch
  10. yc47ib

    Silver - XAGUSD - SLV

    The more I read threads like this, the more determined I am to hodl BTC. As traders, we all know trend is your friend and all traders need to find the strongest trend (hopefully uptrend) to trade with, do not trade range bound stuff, and try to avoid down trend stuff. We all know this on an...
  11. yc47ib

    What would force an end to Fed and ECB QE?

    The fact that there is this thread indicates we are not at the top yet, wait for the blowup top.
  12. yc47ib

    IB and Crypto

    To OP, Trading crypto will NOT make you more money if you do not consistantly make money in stock/futures/options or whatever IBKR provides. The money to be make in crypto is one of two things, HODLing on coins you believe, always DCA in them (such as BTC, ETH, or ADA, etc); Defi yield...
  13. yc47ib

    20-Delta Short Strangles

    A good list, only thing I would advise (not that I am an expert), is to try to shun away from Chinese ADRs like PDD, the number one thing you want to avoid is black swan, and Chinese ADRs tend to have that very often due to domestic political struggles. Best of luck! Added: I replied to your...
  14. yc47ib

    The US federal government has spent $6.4T dollars on the post-9/11 wars

    US used to have this kind of simplified way of thinking about the future in A.
  15. yc47ib

    Can I get around PDT rule by moving long term investments?

    Just do a broker to broker transfer so there will be no tax consequences.
  16. yc47ib

    dest's overwrite journal

    You mean you shorted 8 contracts of 120 calls for every 100 shares of stock longed to hedge? Thank you.
  17. yc47ib

    To be a successful trader, you should not ….

    I do all in the list. I am consistantly profitable for over 1.5 decades. The key point is to know what time frame you are trading, and if it does not pan out, what timeframe you are moving up to, and if all the unlikely events happening against you, what risk you are taking relative to your...
  18. yc47ib

    BABA as a long-term buy

    Buy a leap call, sell near term calls against it if it keeps falling; one day, your sold call will be in the money, convert it to an iron condor, just play it, do not own it.
  19. yc47ib

    dest's overwrite journal

    Just happened, LOL
  20. yc47ib

    Advantage of looking at your trades as a Sequence vs one shots

    Good philosophical discussion, but in reality, there are too many factors in the market for human brain to make judgement calls fast enough and with low prob. being correct anyway, the easiest way to fight the chaos is using random chaos, that is, scaling in and out. Anyone who did this knows it...
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