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Good points. I am certainly not talking about something that happens every day. There are quite a few hypothetical scenarios that can trigger MFA, including unknowns, so rather than listing/addressing them 1 by one I would prefer to avoid the problem all together. So I can sleep better at night...

Got notification from IB, that 2-factor is now required for trading. In the past, I could opt out just for trading while still keeping it for account management and withdrawals. Which is really a perfect balance between security and function. Having a possibility of MFA popup at any time of a...

If listing trades on your tax return is your primary concern - you don't have to. LLC makes sense if puts you in a very different tax bracket. There will be some extra costs associated to maintain vs sole-protiership. Better to base your decision based on costs / taxes projections. Good luck...

Looking forward to your updates! Keep up the good work.

Did a little retrospect recently on my automation. Flat this year but capital was preserved and still managed have no 2 negative months in a row. Couple of new strategies launched in March did well. Automation failure cost me around 5% early in the year. An adjustment for one strategy was done...

LUNA loss is much bigger. 81.35% of Madoff's investors losses were recovered. Prosecution was brutal in his case because he lost money for the wrong kinda people. What do you guys think will happen when the Ape army gets ripped off?

You should. 10mil$ on 250k account is very decent for an experiment assuming executions were live. There is an educator/trader here with something like 20y of experience who brags about his 4.7mil volume for a year..

I have a lot of respect for that sort of experimentation. Stuff published by someone else can take us only so far. Real traders have to glue pieces together, validate and own their end result.

If that's the outcome after years of running it then indeed not worth it. Unless that was seen a possibility during strategy development process then this is normal and to be expected. I heard people referring to $ volume in a same sense but personally I wouldn't use volume & PL relationship...

As of yesterday: ~0% MTD, slightly negative for the year. My strategies did poorly in terms of taking advantage of this volatility but well preserving capital for better conditions.

I use Norgate for backtesting. So to match live executions with backtest as close as possible I have to stick with it. Eg. if exit should be triggered based on previous days' OHLC Norgate is the logical choice. IB is not in the historical data business so there is only so much trust I put in...

Yes, IB for intraday, Norgate for EOD. My execution software knows how to work with both and combines them into continuous series in memory. IB is sufficiently "real-time" for me plus I don't need intraday historical for execution purposes.

Yes I am generally a happy IB customer and recommend them to all my friends who wish to do more than just a passive investment. My ceiling is more of a risk management than anything else. I target 10% DD generally expecting to hit 20% once in 5 years. This might be called target volatility in...

IQFeed opens a local TCP/IP port you can pull the data thru if you crack the protocol. It's really not a rocket science. You just send a string something like "request daily AAPL" and get a reply in a pretty obvious format. You can "sniff" commands sent by some other app that is using IQFeed or...

Pick a more liquid instrument or/and non-POF broker/offering. Don't over complicate things for yourself. There is no magic algorithm to solve this problem.

Profitable trader here. Shorted >1000 names over last few years thru borrowing shares. Including GME and most of meme stocks. Recommendation: Define what exactly you're shorting Get good data and crunch some numbers Make your own conclusions Here is an example: All stocks that at least...

As I was getting into 6 figures account I made up a coins routine. I’d place 9 1$ ones and 10 10 cents on my desk and move them around to represent my current equity and drawdown from max height in %. Let’s say left pile was equity and right one drawdown. That did remind me how insignificant...

Canada declared Emergency act (previously called War Measures Act). Lots of things that normally can’t happen will happen now. It will be very interesting to see how far reaching it will be including crypto. “The Emergencies Act (French: Loi sur les mesures d'urgence) is a statute passed by the...

While many NDX stock being destroyed I looked at a pretty vanilla NDX rotational system for any resemblances with the previous tech bubble. Current period we're in - 2020-2022 Feb looks very similar to 2000-2002 Feb. I can backtest this system over 30 years and for any periods other than those...

Re Java vs Kotlin - when I did automatic code conversion of my original Java version the lines of code were cut by ~30%. I'd say if you actually write in Kotlin and make an extensive use of language features it's nearly 50% less code than Java on average. I had a great pleasure swapping many ~5...