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  1. Z

    I wrote a bot and gave it 25k to trade

    I wouldn’t worry about overfitting relative to a 7-year market. This year’s market is very different from 2015’s market, and you’re trading this year’s market. I rather err on the side of slightly overfitting to current market conditions (and tweaking parameters more often
  2. Z

    Can one choose to not settle an ITM option at expiry?

    As others have pointed out: yes, it's possible; no, we can't tell you how, you have to call your broker; and don't do it for tax reasons, because that's misunderstanding tax law.
  3. Z

    Can one choose to not settle an ITM option at expiry?

    Can't speak for OP. But the tax/tax rate example seems to point that way.
  4. Z

    Beautiful Scalper

    Agreed. At least use simulator to learn trading platform. You don't want to be fumbling for buttons when you're short even a few micro contracts and the market's running against you.
  5. Z

    Chart Reading - Timeframe

    I completely agree with you, and never really understood the distinction between reading candles and reading indicators. It's all lagging! From the perspective of the trade you want to take, even T&S is lagging -- once the trade happened, it can't happen again. And that's just fine. We have all...
  6. Z

    Can one choose to not settle an ITM option at expiry?

    Agreed. I don't understand the tax rationale behind this question on any level, this just being one of those levels. But since you asked the question: for the same reason people write naked options with stop losses and then hold them overnight (where the stop loss can't trigger). I mean...
  7. Z

    Can one choose to not settle an ITM option at expiry?

    OP is using taxes and tax rates as a rationale for asking whether there's a way to prevent long ITM options from being executed. It stands to reason that he considers it a taxable event in his trading strategy (i.e., he plans to close out the shares he receives at expiry).
  8. Z

    Can one choose to not settle an ITM option at expiry?

    You used taxes as the rationale for asking whether brokers (should) offer this as an option. An "illustrative example" still needs to be logically connectable to the thing it tries to illustrate. In this case, there's no warrant that links your example to your question. But also, why not call...
  9. Z

    Can one choose to not settle an ITM option at expiry?

    No, I'm sorry, but just no. Nothing about his post is "technically correct." This is not (as another poster asks) a question about the tax implications of "exercise" vs. "close the contract pre-expiry." OP simply doesn't understand how tax rates work. Which is fine -- taxes are complex -- but...
  10. Z

    Can one choose to not settle an ITM option at expiry?

    That's not how this works. That's not how any of this works. Please consult with a tax accountant before making these decisions. Only dollars you make *over* $249.000 would be taxed at 40%.
  11. Z

    Thoughts on scaling up

    This is basic, but did you adjust all parameters (stop-loss, profit take levels, whatever you use) accordingly? I.e, by same % as the % by which you scaled up? If *everything* is the same, there shouldn’t be a difference, unless you’re trading really large sizes, or you’re getting killed on...
  12. Z

    What stocks are you buying and holding for long term?

    PTON and HON in my mid-range/swing trading account. The mask guidances that are going to come in the next week or so might push companies like HON and 3M upward, if only for a short time.
  13. Z

    IB trader workstation worth learning ? or piece of junk ?

    It's worth learning even if you don't end up using it for your primary trading. I use a different platform with IB, but once in a while, when the API gateway breaks down or there something odd happening between the non-IB platform and IB, it's good to be able to get into TWS quickly and resolve...
  14. Z

    I wrote a bot and gave it 25k to trade

    Interesting. I've been experimenting with automated systems for micros, but so far don't have anything that I'm confident in. Can I ask how often your system trades on an average day (totally ballpark ... 1-3 trades or many dozens)? It's one of the areas I haven't been able to find a good middle...
  15. Z

    I wrote a bot and gave it 25k to trade

    I may have missed this earlier -- you're trading a single contract of Micro S&P?
  16. Z

    Trading an IRA account

    in the IRS' eyes, it's just being long an ETF. How the ETF calculates its value isn't important.
  17. Z

    Does the country have to be shutdown? Canadian stats, USA might be the same

    SK didn't need to implement very strict restrictions because their people are not knee-jerk reaction anti-science/anti-government nut jobs like 40% of the U.S. population. They trust their government, they trust the scientists, they tested broadly early on, and people were self-disciplined...
  18. Z

    Methods to autotrade signals from emails only

    My concern about that link is that the github repo is 2-3 years old ... does the code still work with modern gmail? But, if you have a reliable way to get the email to a .txt file, what I would do (given my background and setup) is write a python script that checks the folder with email files...
  19. Z

    Methods to autotrade signals from emails only

    So how do you receive the email? What format are messages stored in on your system? Once you have the file, it’ll be fairly simple to update a csv. You can import to python and use the pandas library, or do it directly in the Unix shell via grep.
  20. Z

    Methods to autotrade signals from emails only

    Interesting challenge. Email is tricky, because there’s so many protocols to consider. Do you have access to those messages as files on your system? What protocol do you use to receive those emails? What software stores them? Or: where do those emails come from? Maybe tapping into the source —...
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