My backtesting platform is InvestorRT, which provides its own relatively simple coding language. Entries, exits, and confirming rules, are written as separate trading rules, then placed into a menu and saved as a 'system.'
Here's how I'd code these conditions, which I call signals. Submenus...
I'm interested in seeing how various traders would code a simple trading system with their platforms and language.
Whatever coding system or platform you use, take a few minutes and share how you'd write a simple system which I'll detail.
I'm guessing that we'd all find some interest in...
Interesting that you bring up that date, because I did receive my first and only margin call when I was short puts. I was well capitalized and lightly leveraged. But in a black swan event you simply can't predict with any great certainty the impact of an explosion in volatility, any more than...
What strikes me as strange, is that given all the US bases and environments in which someone could have served over the past decades (I grew up on many of them), the VA came up with Camp Lejeune. That must have been some truly God-awful water, fit for a Jar Head.
The problem with your logic - and with the strategy of selling leveraged puts - is that you're anticipating the possibility of a future event based on present knowledge.
Right now you may think you can live with taking a 50% loss in XYZ. But that may not be the case when it happens. But...
Well, that's close to the craziest thing I've ever heard. If you showered at Lejeune for 30 days, or served in Vietnam for a year tour, you're in the same priority group.
I listed my very-used ML320 on Craigslist a few months ago, unaware of the market in good 4-wheel drive SUVs. The response was just crazy, and the first buyer pulled out a wad of cash and said, "Here's an extra 20% if you let me have it right now."
Um. Well. Okay.
Extremely unlikely, as the VA does not provide health insurance. And to even qualify for VA healthcare at all is nearly impossible unless you've suffered injuries in combat, or can prove a service related disability.
A remedy is to contact those making such claims, and ask for verification. If they don't supply it, they may be guilty of fraud. Report them to the SEC. As a competitor, that is within your rights.
You're asking for some type of certainty when price is crashing and you want to exit. But there is no certainty, and a broker will offer none.
I've never seen an order type that says: Fill me first in the event of panic.
Two of the biggest factors are going to be the volume of the...
Dear Client,
While many of our clients actively trade or maintain substantial equity in their account, we have decided to eliminate our monthly inactivity fee so there are no impediments to maintaining an account with IBKR.
Effective July 1, 2021, you will no longer be charged USD 10 for not...
If I'm smart, I enter an order at the open, set a stop and time exit, and close the platform.
If I'm stupid, I watch the chart and try to manage the trade.
As time goes on, fortunately the smart days finally start to outnumber the stupid days.
Sounds like you're selling puts and getting wacked pretty frequently. If so, this isn't something you'll enjoy living with.
A bull market has supported you since February. But that can change in an instant.