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This one gonna be about feelings, good bad and ugly trades, from a mechanical perspective. The other day I felt like showing off a good trade here. And I did, in some other thread, NKLA. Even though my trading is automated there are still feelings. Here it is. Behold! Personally I believe...

Here is on option I got from a trader who specializes on shorting pump and dumps "Broker - http://www.centerpointsecurities.com/ Locates thru http://quantexclearing.com/ via the Sterling Pro platform" Unfortunately I couldn't try myself as they don't accept Canadians and IB is the best I can...

I wish I would be able to post here a bit more often, but didn’t have much to put together something meaningful since the last post. Trying to stay on course of writing about something others didn’t already talk about a great deal. Today’s topic will be Outcomes Distribution and Outliers...

I wasn't sure and discussed this with IB support and they said that for SMART orders they don't charge any fee for cancel or modification of LMT orders via API for equities, no matter how often it's done. If you directly route to exchange - they WILL charge you. There is pricing on IB's...

(a) Assuming you are great developer, and understand trading very well, and know what traders normally need you are probably 3-5 years away from building something useful and re-sellable. Unless you do a gig for a trader. Which is unlikely to happen if you don't know much about trading and...

I'm currently in mountains with a phone only. So will give a shorter answer. Regarding trading a loosing strategy for hedging - don't trade anything you're not comfortable with. You really need to internalize a strategy before trading live. Normally when combining multiple strategies you are...

Certainly not every trade my system took or would take. As I believe that would have as much value as another cute kitten video. Everything else - yes

A friend of mine did. Neither of us spent much time on this so take anything here with a grain of salt including quality of the test results. It seems most of those strategies are achieving author's goal and are consistent with what he is saying in the book. This is highly unusual based on my...

Average overnight exposure as a % of account is 77.19% this year. With very high historical volatility there were occasional spikes up to ~190% which normally might not happen over 5-10 years. Designing and testing over last 70 years of data certainly helped a lot with a current market as I...

Could you explain what that means? I feel like there is something I can learn here. In a general sense I'm trying to keep things simple and avoid some of execution challenges by using "micro" positions. Many traders mention - don't risk more than 2% per trade, my whole individual trade value...

There are some really good posts on this forum about trading systems development, so I am not going to start a big post on that, just a small intro into it. Btw my favourite posts are from early 2000s by Acrary. Now it is 2020 and, perhaps, a lot of people asking themselves if that stuff still...

What an interesting path! Thank you for sharing with details and context.

Wow, so many questions in just under 24 hours! I didn't expect that at all. After replying to the last one I'll try to sit down and write a first piece on something valuable about automated trading and mechanical strategies, as initially intended. When exploring raw statistical edge I...

Great to hear it works for you! Undoubtably there is lots of hidden gold in intraday data, including edges that only exist on that level. I personally found EOD working well enough not to bother too much considering the challenges mentioned. Though, lots of my early backtesting was done...

The book is certainly worth it. My friend sent it to me and I was so surprised to see such a good quality material. Over first few years I read more than 100 of books on a subject and most turned out to be garbage. This one has great explanation of key principles, exact strategies rules author...

Checked my records - no changes to short strategies were made in May. It certainly felt like maybe it's worth to stop the bleeding on a short side at times when I looked at daily reports. But they were within their expected parameters in terms of drawdown under similar market conditions so I...

Great! Hopefully it will be helpful. That means that I'd trade any US stock regardless of index membership. But since most won't have enough liquidity or volatility that normally leaves about 3000 each day, as candidates. I call it tradable universe. Then a bunch of calculations run by each...

Plan is to post random stuff about my trading, hopefully valuable for others, to attract like-minded individuals and perhaps to help others to find their trading edge. I believe lots of "trading wisdom” is misinterpreted due to a lack of context. Posting my stuff in this one journal, hopefully...

NKLA was a nice trade indeed. Incredibly hard to borrow though, IB charged me 515%/annual interest rate, but at least I got my slice of this pie

My automated executions at IB worked flawlesly opening 8 positions within first 15 seconds. The thing didnt go thru is a short of UAL. I'm yet to dig down to the reason, perhaps it was unavailable for short at the time. Val