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  1. Bad_Badness

    Which are the news release events that day traders should be aware and stay out?

    Briefing.com has a free calendar. I use TWS alerts to warn me FOMC meeting, FOMC minutes, anything at 7 AM PST that will move things, and 1250 PST when the MOC orders are shown-known. Bloomberg has a "5 things to start your day" which summarizes the day's events including FOMC speaches.
  2. Bad_Badness

    What are some tips to reduce execution mistakes for day traders?

    Every order should be in hot keys. Then the hot key should be hooked up to a separate keyboard binding. Keys should be labeled by color and or texture. There are many gaming keyboards that will work. I used to use a Logitech G13 keyboard and TWS. As RealMoney says, you can have "close...
  3. Bad_Badness

    The bad news in the jobs report for traders —

    Huh? Island gap on a double bottom test? That is a text book pattern. Whipsaws just don't happen. They get setup. Anyone who did not suspect the bounce was 1) short covering, ESPECIALLY after the test only slightly made a new low, and did not follow through, 2) then second day of the...
  4. Bad_Badness

    Question to day traders: Which order types do you use on IBKR platform?

    Hmm, with respect also, you could be right, but this article says "top of book". Of course things change. My personal experience seems to get "auto-magic" fills at the top of book. https://www.interactivebrokers.com/lib/cstools/faq/#/content/35807733 Either way the OP can figure it out...
  5. Bad_Badness

    What happened on this chart?

    People use a longer time frame, e.g. 5min to find their setups, and the shorter to find the orders entry and exit. They also use a longer time frame to confirm the 5 minute to make sure there is not a major resistance or support that would override the 5 minute setup. 1 minute is sort of the...
  6. Bad_Badness

    Where would you invest $1mm today? (pick 2)

    This is a silly question. It depends on the entire portfolio, aggregate exposure, status of other investments, opportunity costs, AND percent the amount represents overall. This is a question as if it were someone else money, like a professional sell side or even buy side, analysts. That...
  7. Bad_Badness

    Question to day traders: Which order types do you use on IBKR platform?

    Another non-elite answer: IB Paper orders are "top of book". That means when you place an LMT order to, say, buy at the ask, you jump to the first in line. In reality, you would be last in line. Same with the bid. So just use LMT that is 1 tick past what you are trying to fill at. That is...
  8. Bad_Badness

    Is it possible to increase the mathematical expectation?

    yes but it is a long row to hoe. Basically you are adding additional models onto the system. Now not only do the models, themselves need to be valid and sound, they need to be integrated. That is why people run multiple models that will offset and modulate the goals and risks. They keep a...
  9. Bad_Badness

    Explaining the GBP collapse. Let's discuss.

    Or not. Please stop posting so much junk from the YouTube Algo. We all have access to the information. You are acting like a digital serf. Clueless that you are being fed information to keep you engaged. Ignorant that the digital overlords are owning you.
  10. Bad_Badness

    Shocking Truth Revealed! Emergency Fed Meeting Indicates Solvency Crisis Imminent

    Because real trading is too hard and too much work. For some, all this "news" reporting is a substitute for doing actual trading work. All these people talk about crashes, bounces, bottoms etc, but have they actually prepared. Do they have their allocations, and risk management, straddles...
  11. Bad_Badness

    Carving out a floor or a ceiling?

    Wouldn't it be so EASY, if we could predict? Perhaps, that is why often people post these type of questions. In a survey no less. They want an answer that is "easy", but ironically, it is like asking the ground hog, when spring will come. The animal does not know, but we "ask"...
  12. Bad_Badness

    TWS is SO slow now

    May not be the only solution, but certainly one to try: Check your XML config file. Compare it to the one that was running faster. The XML config file does not have any garbage collection, it seems. So, it just gets fatter, slower and more inefficient. I was able to reduce my boot time A...
  13. Bad_Badness

    I keep cutting my winners

    You might not have a problem at all. Actually you might be sitting on the "best solution" already. If you write up your rules on how long you should ride a trade, then back test it, it is OFTEN the case it is more profitable to cut out early with a gain than fewer "big win" trades. BTW...
  14. Bad_Badness

    Fast Market on CME ES: Market or Marketable Limit?

    Thanks all for the replies. Indeed the various order types, MIT, MTL, MOO, MCO, FOK, and FIFO etc. dynamics have been "noted", and are understood. The question is more about the CME Globex matching engine. Perhaps the original question can be restated in a BUY example.: If there is a...
  15. Bad_Badness

    Fast Market on CME ES: Market or Marketable Limit?

    Perhaps someone knowledge of the CME Futures matching engine could answer. :D In a very very fast market, which will fill first: Market order or marketable Limit? Background: After the LBros, BearS, meltdown, I tried to cover 5 contracts of ES. It took over 20 minutes to get a fill (at IB)...
  16. Bad_Badness

    Where the heck are the support lines in this market?

    200 week, according to Bloomberg.... :rolleyes: Although Bloomberg is mass knowledge, it can help with basic questions like this. Not gospel or really action-able by itself but provides a framework-starting point for developing a plan...
  17. Bad_Badness

    Securities for this order were not immediately available for short sale

    You should check BEFORE, because the availability can override the setup. It is good to monitor the availability status for a few days before shorting to get a feel for availability. https://www.interactivebrokers.com/en/trading/short-securities-availability.php Or Pre borrow the shares...
  18. Bad_Badness

    For you guys that think we are not going further south...?!?!

    So Agree. Guessing and second guessing, based on non causal relationships, is a flat learning curve thing. Learn the difference between reasoning, validity and soundness. You are not even in the realm of validity, let alone soundness. Get some traction in your reasoning, then you will get...
  19. Bad_Badness

    Advice on how I should Raise Trading Capital?

    Nothing wrong with 1 MES. In this market, you should be able to scale quickly. A smooth upward equity curve, i.e., consistent profitability, over a decent time period, is your goal. Get room renters for a year or so and suffer loss of privacy, to remind you why you are working hard on...
  20. Bad_Badness

    Multiple logins possible with Interactive Brokers?

    Know what user account permissions you want to assign to each new log-in BEFORE starting, is a good idea. Part of your trading plan under IT: Servers, accounts, security etc.
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