Search results

  1. Q

    Is IB's NBBO Size Totaled Across Exchanges/ECNs?

    The answer is 300 - total shares available at price. Most data providers don’t calculate anything themselves. They simply display/propagate data published by SIPs. That makes it consistent across different brokers. L2 data is more expensive, so if you are charged for it, the broker receives...
  2. Q

    Picking up pennies in front of a steamroller: a short tale

    Don’t they preach to trade small - like 20-50% of account to mitigate the risk of such events?
  3. Q

    Portfolio-level algo trading

    If I understand the info in provided links, they will use algos for individual symbols anyway, so I am not sure why you can’t do same with existing IB algos.
  4. Q

    Automated Stocks Trading webinar this Sunday

    Will you record it and provide for viewing?
  5. Q

    What Made You Join A Signal Service Provider?

    1. Learn their thought process 2. Save time doing research you are not interested in doing yourself 3. Use their performance as a benchmark. Obviously, you need to select the right service and understand that some will be waste of money.
  6. Q

    Can weekly strategies be profitable?

    I am thinking of accounts which do not have enough capital/margin to either take assignments or even open undefined risk trades. So someone who wants to collect premium on TSLA but doesn’t have account large enough to survive the worst case scenario. TT talk a lot about how much more flexible...
  7. Q

    Can weekly strategies be profitable?

    I think that is because lots of their followers have small accounts.
  8. Q

    Can weekly strategies be profitable?

    K, my understanding is that tasty trades guys prefer unlimited risk trades, which makes sense if you trade small. Why do you prefer spreads?
  9. Q

    Can weekly strategies be profitable?

    Up to how many positions? In other words, are following the usual advice of premium sellers - always play it small?
  10. Q

    Can weekly strategies be profitable?

    How do you position size?
  11. Q

    Borrows Fees and Short Availability on LightSpeed

    If only he worked for IB :)
  12. Q

    Destriero - Butterfly Trades

    Did you pick up something from him that was not available in textbooks?
  13. Q

    Lime returns home

    This is interesting as Score Priory already has both FIX and REST apis. Now they will have HFT infrastructure that they originally built. https://www.tradersmagazine.com/xtra/score-priority-acquires-lightspeeds-hft-assets/
  14. Q

    Long awaited changes to RegNMS

    Could be huge for automated trading and general market data costs reduction. Let’s see where it settles. https://www.tradersmagazine.com/am/industry-supports-sec-market-data-rule/
  15. Q

    Can weekly strategies be profitable?

    I think @tommcginnis meant trading options directionally is not the way to go. Most people that I follow incorporate some sort of common sense TA in their decision making.
  16. Q

    TSLA -> SPY

    I think your summary is missing the most important point from the video. The video discusses the risk inherent in the trade prior to inclusion. It also explains how investment banks use upgrades/downgrades to manipulate stocks. One thing to take into consideration is that Musk has had a...
  17. Q

    Transitioning from Retail Trading to Prop Firm?

    I can only give you my opinion. Have you heard of Hedonic Treadmill? Why can’t you be happy with your current job, right? What you said above is possible, imho, if you don’t press your account too much. But most traders use significant leverage in a highly manipulated and chaotic...
  18. Q

    TSLA -> SPY

    Very interesting behind the curtains look into the process.
  19. Q

    ITM Call == OTM Put?

    Right, that makes sense. What threw me off is when he said “Do you know that when you buy ITM call you are actually buying OTM put?” I took it literally.
Back
Top