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  1. tommcginnis

    What platform is better ?

    Depends entirely on where you want to go. thinkorswim is a fully-loaded Cadillac SUV. TWS is a factory-fresh McLaren F1. Where do you want to go?
  2. tommcginnis

    The S&P has topped

    Featherweight, you and the other guy crack me up. As a troll, you get one shot per reader for credibility, and you've just blown a wad of it here. The "owning up" you claim has not been done, was done in a single sentence (I think) ~100 minutes after the subject post. I was laughing. Maybe if...
  3. tommcginnis

    The S&P has topped

    o_O You missed your meds too, eh? Well, it's affected your reading comprehension. So, "whatever.":rolleyes:
  4. tommcginnis

    Sharpe getting killed by bid ask spread

    You are living in a mythical world of unicorns that carry secret and unique rainbow-farting algorithms up their butts, and where developers (apparently) wear skinny mustaches and black capes. A developer is in business because they deal in the real world, where workable algos are a dime-a-dozen...
  5. tommcginnis

    Sharpe getting killed by bid ask spread

    "THEY'LL STEAL ALL YOUR PROFITS, BY CODING THEIRS TO BE FASTER, AND PUTTING ALL THEIR CAPITAL ON YOUR GOLDEN NUGGET!!!" Jeez, man. Get outside.
  6. tommcginnis

    The S&P has topped

    I am sorry to see your personal issues on such display. But it's not my fault. Apparently you missed the second half of that post you cite. Go read it. Study it. There's a lot of wisdom there. And the follow-up. At any event, the greater point you miss, while you're trying to create a tempest...
  7. tommcginnis

    Options strategy to return 6.5% annum with low risk.

    Hey OP, you've received some real, and distilled, wisdom here, but it's accompanied by a cacophony of noise. What you seek is not hard to attain. But you have to be willing to find it, and to know it when it's on the silver tray in front of you. Find someone you trust, and go from there.
  8. tommcginnis

    Options strategy to return 6.5% annum with low risk.

    And if the stock goes to $0, and your loss is $10,000, is there ANYTHING under God's Green Earth that would make your loss go to $10,001? Do you see why?
  9. tommcginnis

    Sharpe getting killed by bid ask spread

    Do you know that the IB API (in 4-5 major Language flavors) is available to you for free? Do you know that "The IB Marketplace" is available to anyone, IB account-holder or not, to search for (for example) someone to code an algorithym for them? Lastly, as the saying goes: Google Is Your Friend.
  10. tommcginnis

    Options strategy to return 6.5% annum with low risk.

    Options are not any more "risky" than your home insurance is. Buying the fund described is paying money for the (as described) small amount of work, for something that you can then not. Immediately. Control.
  11. tommcginnis

    The S&P has topped

    What I'm saying is, if I expected a dollar, I netted 67¢, AND continued that margin exposure for another expiry, at least. SPX or ES? At this point, it's immaterial. (Hmmmm. "But in general..." But in general, it's in the SPX, which means I had a very busy Friday. (Or was it Thursday? Dunno.)...
  12. tommcginnis

    The S&P has topped

    It means a considerable fraction of revenue intended for income, was instead (re-)spent on commissions to roll put spreads away from the heat.
  13. tommcginnis

    The S&P has topped

    I had to burn 1/3rd of my week's harvest in re-plowing fees, that's what happened! (Only to have the day end flat, and threatening a topside move again. ) AND I got absolutely ZERO beer from anyone. DANG.
  14. tommcginnis

    Price/EMA ratio Indicator

    If you plot out even the roughest idea of your concept, you'll see why you can't find it as having been done (or "popularized") by anyone else. It will show you nothing useful. (Don't feel bad. It happens. [I speak with considerable experience.] Give it another try. You may "re-invent" someone...
  15. tommcginnis

    Setting Up Shop in Mexico

    Taking jobs to Mexico, are ye?!?!?
  16. tommcginnis

    BollingBands for use of the 2 SD andddddd ?

    What does that mean to you?
  17. tommcginnis

    IB TWS option trader 21st century?

    First off, you need to sit down and watch IB's webinars -- most of your questions (and a good number of your questions not yet thought of) are answered there. Second, in the Leg-by-Leg tab, on the far right, is a red X to remove that strike. You need only remember that the drag-n-drop facility...
  18. tommcginnis

    BollingBands for use of the 2 SD andddddd ?

    In TWS-land, this is called an Envelope.
  19. tommcginnis

    Would we have consciousness without senses?

    The neuro-biologist folks would remind us that there is a fair ("high?") degree of co-determination between realized brain structure and the preceding (and predominant) patterns of thought. So, if you never had stimuli (including language, *or* -- prior to that, the concept of "self"), you...
  20. tommcginnis

    What is your typical day trading like?

    Just breezing through (on this very very busy day...) but wanted to add, "Neat post."
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