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Futures, options on futures, broad-based index options, etc., are 1256 contracts. You just need to report the net gain/loss on Form 6781. It is not necessary to list individual trades. Any net gain/loss from 1256 Contracts is treated as 40% short-term gain/loss and 60% long-term gain/loss...

Well, if you ask this question, I guess you found out the hard way that IB's historical data could be very different from that were broadcast live, especially after some major news releases. Last year, I found out that after the crude oil report on Wednesday, IB's live data could be three to...

Regarding the backtesting results: It seems that IQFeed data are too good. I got five to ten profitable trades within seconds. In reality, this is impossible due to latency.

IMHO: There is no best data provider for CME Globex futures. If there is one, the other will go out of business within a short period of time. We need to compromise. My friends and I have tried IQFeed, Sierra Chart real-time feed, and Optimus Futures Rithmic feed. All of them are...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=256238

When ego reigns supreme, the descent of Long-Term Capital Management to Short-Term Capital Mismanagement.:D Sorry. Can't resist..............

The following post by Handle123: http://www.elitetrader.com/vb/showthread.php?s=&postid=3156762&highlight=strength#post3156762 and the first few pages of the journal by no_pm_please: http://www.elitetrader.com/vb/showthread.php?s=&threadid=20761&perpage=6&pagenumber=1 have given me...

Great advice. IMHO: no_pm_please has offered a solid trading plan for counter-trending trading. http://www.elitetrader.com/vb/showthread.php?s=&threadid=20761&perpage=6&pagenumber=1 Although his advanced methods were never disclosed, he did mention few essential elements for good...

IQFeed uses TCP. It increases the latency. http://www.sierrachart.com/SupportBoard.php?PostID=17343 Have a Merry Christmas and a Happy New Year.:p

Any update ?

You may like to check the following: a) The original formula of RSI involves Wilder moving average (WMA) . Newer version of RSI may employ exponential moving average (EMA). Make sure all of them are using either 10-period WMA or 10-period EMA. b) Most people use closing price to...

It may be related to the change in underlying/definition of VIX: On January 19, 1993, the Chicago Board Options Exchange held a press conference to announce the launch of real-time reporting of the CBOE Market Volatility Index or VIX. The original formula for VIX was developed by Prof. Robert...

When I trade options, I do not look at any charts, no technical analysis at all. Just search for mispricing. After examining all the technical bells and whistles, I usually need to make a directional bet. IMHO, it is better to trade the corresponding underlying.

I agree. It depends on the trading instrument and the time frames. For example, ES is a congested or mean reverting market. Tools that indicate reversal such as overbought/oversold, regular divergence, multiple divergence, etc., may be more useful. Crude oil is a running market. Technical...

I would advise against it: a) Good C++ programmers are rare. Even if you can find one, what can you offer to convince him/her to work for you ? b) The programmer should have some trading knowledge. For example, the tick size for oil futures is 0.01. However, there may be rounding errors...

http://www.youtube.com/watch?v=-cjuA-cZFSY

IMHO: This IB support person is right. In order for the initial condition to become negligible, about 3 x "period of EMA" bars are needed. In this case, it would be 3 x 78 = 234 hourly bars. Five days is way too short. You need at least ten around-the-clock trading days. ( 234 / 24 =...

Great post.:p IMHO, it depends on the trading instrument as well. I would feel more comfortable counter-trend trading ES ( a congested market ) than oil futures ( a running market ). If I am wrong, my ES stop loss order will be filled with zero or one-tick slippage most of the time. For...

Two years ago, one of my friends downloaded some pictures from the internet. His PC was immediately infected with several viruses. He thought it was safe to do so, because of the AVG anti-virus program. I spent an hour deleting all the viruses, malware, etc. Whenever the computer was...