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Was trying EUR.USD

Hi GAT, thanks for you reply, much appreciated. I copied your code and then amended the request market data function as such: def request_market_data(self, symbol_id, symbol): contract = self.make_IB_fx_contract(ccy, baseccy) self.tws_conn.reqMktData(symbol_id, contract, '', False)...

Symbol is whatever symbol you selected from a list. In the original code, which was for stocks, this would have been for any stock in the list: self.cbSymbol = ttk.Combobox(f1, font=myFont, width=6, textvariable = varSymbol) self.cbSymbol.bind("<Return>", self.cbSymbol_onEnter) #when the enter...

Hello. I am trying to write a small program to place bracket orders on IB TWS through their Python API. I am not that versed in Python (or other IB APIs); just piecing together bits of code that I am come across here and here. I am using Python 3.6 and Tkinter as the GUI. Where I am current...

IB released their latest API (API 973.03) yesterday which incorporates a RTD Server to use with excel. I have watched a recorded webinar titled 'TWS Excel APIs, featuring the RealTimeData Server', about it but unfortunately, the audio was not very clear nor was the explanation about...

That's what I kind of suspect - cash secured puts to buy the gold (ETF or something) at a lower price and then covered calls to generate monthly income. But if this is it, how dare is he selling this info for up to $16K!!!

Do you care to elaborate sir? Never traded gold so don't know much about the mechanics, but I am thinking along the line that he's doing something similar to secured cash puts for stocks? Not sure which instrument being used though - gold futures, SPDR Gold Trust ETF, or the physical thing...

Came across the above 'strategy' by a Minesh Bhindi offered as a course costing about $15k!!! You read that right $15k (either you pay outright, or you pay about $6k now and pay the balance when you make $100k in profit). As far as I am concerned, the financial markets have been around for...

I will be most interested please. Just can't seem to be able to figure out how to PM you. Would it be the option that states 'start private read'?

Thanks for the response. I have investigated BasketTrader, and indeed I have used it to transmit all the orders at once (paper trading of course), but alas there does not appear to be the facility/ability to close them all at once. Basically what I am trying to do is open a basket of FX pairs...

Thanks for your reply. Though doesn't show the cumulative PnL of the whole basket, but I suppose I can work that out manually. I suppose there is no way to close the basket as a whole in one go (i.e. not having to close each trade individually)?

Hello all. Is there a way to monitor the PnL total of a basket trade (in this instance a basket of spot forex pairs) on TWS and close the basket (in one go) when it hits my target or loss? Thank you

@HappyTrader Sir, you have explained it marvellously and it now all make sense to me. That was all I was after all along - for my mistaken interpretation to be pointed out - but then you get the people that think they know it all and can't wait at the chance to ridicule you and make you out as...

Hello HappyTrader, thanks for your response. 2.73 is the cost for BTO the 35 strike, so should that not be added to my 1.51 realized loss on closing the 32 strike, for a cost basis of 4.24, or am I missing something? Anyways, as requested, I have attached a screenshot. This is my...

Ironchef, JackRab, donap and HappyTrader, thank you all for trying to understand my question and trying to assist. I am grateful. @HappyTrader, thank you for your detailed response. Yes indeed I am using TWS trade simulator. Without going into too much detail and not after a discussion of the...

drcha, thanks for at leat trying to assist. Appreciate it!

Take time to reply to what! To reply just to ridicule me and tell me I am asking a stupid ignorant question like you! I would rather you pass by and ignore my question if you have no proper answer to my question. Thank you!

Jeeze! For F**k sake! I did not ask nor am I after a magical way to make my loss go away. Just a simple question about the difference between the two!!!

I have read books, read forum threads, watch webinars/youtube clips etc. I am not an expert on options, but I am not a complete newbie as well. I don't think my question really requires all these (extra info, lectures etc) to be answered! If I don't get an answer to it, I will go figure it out...

No it is not. That is not the premise of the strategy and the post was not to discuss the pros and cons of the strategy or the reasons why I want to go to a higher put strike. My strategy calls for me to this (not for discussion why). I just wanted an explanation of the difference between the...