Search results

  1. Q

    My squeaky wheel trade attempt

    Well, I got filled. I am assuming that if I had a meaningful position, I would have to lift the offers to get out or wait until expiration.
  2. Q

    My squeaky wheel trade attempt

    Since BlueWaterSailor checked out and I was bothered by above statement, I wanted to say to other readers that above statement is categorically false. Anyone who've traded profitably and/or was around profitable traders know this for a fact.
  3. Q

    Trader Expert Software?

    What technology are you using? Hm, that doesn't sound feasible, imho.
  4. Q

    There is any tool to find stocks with largest and lowest bid ask spreads ?

    I know exactly what you are talking about. Unfortunately, I don't know of such service. When I had access to full market data, I used to collect these statistics. Important to note that such service would need to be able to provide statistics by time of day range (or at least main periods)...
  5. Q

    My squeaky wheel trade attempt

    Perhaps I don't understand all the intrecacies, but all of this sounds to me like a fancy averaging down technique which relies on stock/index bouncing back pretty quickly and reaching new highs. I don't think it's fair to say this. We are talking risk and draw downs. Selling the hell out of...
  6. Q

    My squeaky wheel trade attempt

    So lets say my put was assigned and I own the stock at 100 - premium. The stock at 93. I sell a call at 95 and stock moves past that price and now I'm assigned again. I just booked a loss, didn't I? Or does the strategy assume you only write calls on stock above break even price?
  7. Q

    My squeaky wheel trade attempt

    I just assumed that same people that sell weeklies premium would be interested. I see. Well, I can't argue with you on your own turf, but there are stocks that go down hard and never reach prior highs ever again. Also, what happens when you write a call and you get assigned? Your wheel trade...
  8. Q

    My squeaky wheel trade attempt

    Inspired by @BlueWaterSailor (and free comissions!) I tried to do the wheel trade the best I could. Below are the details. I got to tell you that when the stock went to 93 I started doubting very much I really want to own it and started calculating how many years I may need to be writing calls...
  9. Q

    Trying to figure out best order type to use on IB

    I've had bad experience with aggressive limit orders ( buy offer+0.05) with IB, so I either use market orders if I want to be aggressive (spread must be acceptable) or just join the bid/ask or layer bids/offers. Nothing fancy needed at my size yet :)
  10. Q

    Can someone explain how this is possible on the tape?

    I think you can simply ignore the B/S indicators and just look at price. These are not straight forward for Futures. "An aggressor is defined as any customer order that triggers a trade immediately upon entering the book. Tag 5797-AggressorSide indicates if the trade had an aggressor and, if...
  11. Q

    Trying to figure out best order type to use on IB

    Do you find that your aggressive orders (like in above example) get delayed some times? IB is tricky. You need to decide if you want immediate fill or you are ok with missing a fill to narrow down choices. If you trade manually, I think volatile stocks like ROKU and NVDA need to be bought on...
  12. Q

    Cloud Computing for traders?

    Multiple monitors with good graphics card? But I agree with you on the premise. One server that can be accessed from anywhere is ultimately what I would like to have.
  13. Q

    Taleb: Skin in the Game --- Book review

    Can someone give an idea how the blow outs happened? From earlier readings, I was under impression that his idea was to be long gamma into black swan events and similar concepts like anti-fragile. Was he not practicing what he is preaching?
  14. Q

    Best option strategies to learn ....

    Does this translate to poker? From what I've read, good poker players are equivalent of long gamma traders - small/controlled losses and large wins when odds line up. Can poker be played well the opposite way?
  15. Q

    Looking for a Interactive Brokers API programmer

    Have you confirmed that their data has all the relevant pieces of information?
  16. Q

    thinkorswim laggy on my PC. Time for an upgrade?

    I was looking at NinjaTrader video, for example, and it says you need to download the data for specific symbol. When I run OnDemand, my screens look identical - multiple symbols, indices, futures, indicators, watch lists - everything works as though I'm looking at live data (except that it's...
  17. Q

    thinkorswim laggy on my PC. Time for an upgrade?

    Same. Shame. Any other platforms offer this functionality where you can replay multiple symbols at same time including TnS and Depth?
  18. Q

    DAS and TOS

    I think DAS is more day trader friendly, plus allows one to trade with IB. Now that TOS is commissions free, it's a contender I guess.
  19. Q

    There is any broker without cap price ?

    I don't think IB will let you do what you want, so you will need to call up brokers and ask them this specific question.
  20. Q

    There is any broker without cap price ?

    Are you saying you want to place a buy order which is 3% higher than last executed price? Brokers would generally follow below guidelines, but they can be as strict as they want: https://www.nasdaqtrader.com/Trader.aspx?id=ClearlyErroneous Note that reference price is off last price, not bid...
Back
Top