Search results

Thank you newwurldmn. The posts here can be edited only for a little while. But, for sure, during this discussion, I try to do my best to make it all clear. The permanent negative position is referred to the option itself (see if the previous post clarifies). (There are no stocks involved.)...

As anticipated, we need to be patient because this is a slow game, and the main purpose is to create a steady profit with a possible drawdown that almost anyone can easily bear, without too much fear. Now I will show some pictures from today. I just started the bot about 9 hours ago and...

qlai I am sorry if I sounded vague. If I did, it was unintentional. As I said, English is not my native language. Please do continue intervening and hammering with questions, as the purpose of these tests is to improve. I do not have any "truth" to distribute: it's just a quest and continuos...

The essence here is the continuous neverending premium collection and the confidence that the possible (hopefully rare) unfavorable move will put you at around -50% or more of the S&P, which is not a bad spot to be in, and makes the possible DD much more bearable (considering market the drift)...

Sure. I think I wrote it in the first post: "The bot is required to ensure that the instrument always has a permanent short position while also possibly doing long-only scalps" So you are right now. Please excuse and do correct me when I sound strange or unclear. Obviously English is not my...

I am not sure what you mean by "buy one, sell a ton". I guess you are referring to some backspread approach. In any case, no, we are not buying one nor selling a ton. The general idea is that we continuously collect premium from an OTM (put) option [having as its underlying an instrument...

Nope newwurldmn, the buys are done on the option itself. There are no stocks involved. (This means that if you are 2 short, then 1 can be used to scalp long. And so on.)

As promised, in this thread I'll be testing a new use of my bot with a different approach. The goal is a methodology that may be used by "smaller" funds as well. General approach The fundamental idea is to profit from both option time decay and the drift of the underlying at the same time...

I am going now to quit this test by admitting its failure for various reasons, which may be useful to list so that they can be avoided in our future tests. In fact, especially BRR has reached now a large DD (over 100K) also due to the inability of the scalping engine to proceed further as the...

I hope you've had nice holidays. Time to come back to our little test. I have activated a few more layers including the "scary" BRR (BRR FUT 202203 CMECRYPTO 5 CME CF Bitcoin Reference Rate [ BTCH2, 517004249, mult: 5]) on friday. Currently, we are in a drawdown (about -40K), mostly due to...

Today some more hectic activity with CL. I started also a new CL layer (long / short). And a couple of call options layers (short only). SI did not do much. The total number of fills has raised to 143 (from 108). CL FUT 202202 NYMEX 1000 Light Sweet Crude Oil [ CLG2, 256019290, mult: 1000]...

You begin to see that the optimization problem the bot is "heuristically" trying to solve is a problem of maximization of the PNL/DD^2 ratio under several constraints (max position, max DD, min frequency, and so on). In essence, we could distinguish 2 main situations the bot has to deal with...

The end of the trading week. Let's see the change of fills from the previous post: CL : 47 --> 70, SI : 26 --> 38 so we had 35 more fills : 73 --> 108. Today, CL fluctuated a bit, and this is good for the bot, which just waits for the "good" spots to place the orders. SI (although so far...

What are your concerns exactly? :-)

Today we had 2 more orders for CL and 8 for SI. Now we can start to see the initial formation of our "order clouds". In this approach, we do not really use the concept of "trade," but what the bot is trying to do at any given time is obviously to create a "favorable" order cloud, where it buys...

Hi Overnight, I meant the start of a new week of trading activity. Did it sound unnatural? :) Don't worry, here all positions are held overnight :) [it would be almost impossible otherwise to build the "cloud of orders"].

Today 5 fills for CL and 4 orders for SI. CL FUT 202202 NYMEX 1000 Light Sweet Crude Oil [ CLG2, 256019290, mult: 1000] SI FUT 20220127 NYMEX 5000 NYMEX Silver Index [ SIF2, 405978963, mult: 5000] PNL history: As a side note, today I tried installing...

Restarting today (the bot remained anyway attached to the gateway, running). CL had 6 more fills, SI had just2. CL FUT 202202 NYMEX 1000 Light Sweet Crude Oil [ CLG2, 256019290, mult: 1000] SI FUT 20220127 NYMEX 5000 NYMEX Silver Index [ SIF2, 405978963, mult: 5000]...

Thank you for asking Collagen. I cannot obviously disclose the results of my "investors". (And I'm not so naive as to divulge to the public real information about my own accounts.) I must add, however, that IB's paper trading is rather accurate (at least for these types of major financial...

lol, typical of foreigners: knowing the most abstruse words, but not being able to speak naturally :-)