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I’m also curious why you’d want specific exchanges. Are you worried about fill? But if you insist: is this something you can set under the Order Presets configurations?

I'm not surprised. Micros are easier to leg in/out with multiple contracts, exchange fees are lower .... what's not to like?

National Socialism circa 1935 != Democratic Socialism circa 2020.

Basic Bayesian modeling. You work from a prior probability, then update the model based on data coming in. The difference you cite is easily explained by increased distancing/shut down measures.

Because he’s right?

I’d consult a lawyer. Doing this post-hoc just feels like it would invite all kinds of trouble.

Sweden’s curve was starting to get really steep last time I checked. I hope they make it work, but I’m doubtful. Even if they do, don’t assume that means we in the U.S. can say “See? There was no point in shutting down!” Sweden’s health system and capacity are in a different league, as is...

Just a personal take, I guess. If my state taxes are really high, it means I'm making a multiple of that, and I'm going to live in whatever state I prefer to live in. But sure, if capital preservation is your main goal in life, then picking states to live in based on their tax structure makes sense.

Right ... it's a synthetic, not a hedge strategy. I'm not sure what I was thinking. But the point still stands that he can get exercise on just one leg.

I’m curious - do a lot of you hold shorts overnight in this environment? That seems to be by far the biggest risk factor when it comes to big losses like OP is describing. Everything else (intraday, options) has been very stable as far as risk management is concerned.

If you make enough for state taxes to become a significant amount you make enough not to worry about state taxes.

Put differently, the buyer of your contract doesn't know you have a synthetic stock strategy held at IB. They just have that one contract. You can get assigned (but of course, can also exercise or sell the long option at that point).

Check out the chat rooms on TD/ToS, or Benzinga Pro, or similar services. Not exactly what you're looking for, but a good way to shoot the breeze during downtimes. Might keep you from jumping into boredom-driven trades.

Yep, you can do autotrading. They have a free trial if you want to check it out. Connection reconnect depends on the API your broker has. In my case (IB), yes, it reconnects automatically.

I'm using chartVPS (NYC-based server), Windows Server. Has been very stable for me as retail trader. But certainly, if you need FIX and/or redundancy, you're looking at a different type of solution. I'm using multicharts and IB, plus some custom scripts. I tend to use Linux everywhere else in...

Fair enough. Like we mentioned before, yes, it's possible, and yes, you'll need to talk to your broker.

I'm curious why you think it's better than a VPS, especially if the VPS is located near exchanges? I feel like I have a lot more control over my strategy when it's running off my own VPS.

$0.47 at IB. $4.95 is obscene on a micro ... you're down almost 4 ticks on the s&p micro before your position even moves!

Globex charges (I think) $0.20/contract, so there's only so low one can get.

I'm not sure the German tax system is very different from the U.S. in this regard. But either way, OP used $ in his example, so I think it was safe to assume.