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Added another of those option configurations to GDXJ (structurally the same as TBT, but ratio R 4:1), since it raised a bit today and tomorrow we have some option expirations. Currently we have 55 layers under watch, 2 of which are currently "inactive" (VXX and DGAZ). Tomorrow we will have 12...

While UCO, that was previously terrifying us :) seems momentarily stalled in a narrow range (and that is good because even the mere activity of scalping alone on a narrow range would easily make up for the plunge it suffered), UNG, which we also defended with a preliminary long "strangle" (of...

Added another "protective option configuration" for TBT too (this is the "inverse type" respect to TNA, because we are trading it with a "short bias" ("Bias-" game with "short position constraint"): +RN CALLs / -N PUT / -N 100 shares) with ratio R=5, N=1. This time the availability of cheaper...

Added another "protective option configuration" for TNA. Since next Friday the 2 "corridors" we have already created will expire, it seemed appropriate to start restoring the "protective" structures. The scheme is the one we already know well at this point (+RN PUT / -N CALL / +N 100 shares)...

Here is a PNL update (we almost touched 8K today). We are proceeding prudentially, continuously protecting with option "configurations" and "corridors", to protect against possible "runaways", and let the unrelenting scalping action emerge. Friday August 29 is approaching, and we will have...

ERY had also issues, similar to TZA, about excessive "protection" players. Looking at the scalping action, gave me the possibility to spot another possibility of improvement of the scalping engine about player distance. While it is obvious that players need to be spaced away from each other...

Today I have been just been occasionally watching the trading activity, while mostly working on the application and game concepts. Just added another "option configuration" to GDXJ, which moved down a bit. Here is a picture showing (top) while I was adding the options, and (bottom) the "manual...

>assume that ... would have recovered in a couple of days? sure, we were on top of a good investment and on instruments affected by very strong decay >can you post ... I have created a new journal/instruction thread here on Elite Trader, focused on hedge funds and with more emphasis on...

In the previous post I made a cursory remark about TZA, excessive "protection" and why it did not make any money so far, while its inverse "twin" TNA did ok. Let's take a closer look at it, so we can also introduce the feature of the "player injector", we have mentioned in a previous post. If...

End of the week. Here is an update on the folio situation: Margin usage is very low at the moment. We will be increasing it soon. (Clearly, options contribute a lot to reducing margin usage.) TNA is currently towering above all the other instruments. TZA, although is its inverse, paid a price...

Now let's take a look at UCO. This is one of the 2 instrument trading with a "symmetric" game (they are UCO and UNG) and no "position constraints". Playing the ("symmetric") game we call "Shield". [All the other instruments are trading with "biased" games and position constraints: "Bias-" with...

Let's take now a look at both the 2 "extreme" instruments: the one with larger profit and the one with larger losses, to see what is going ok, and what perhaps needs some corrective action. They are currently TNA and UCO. TNA is now at about +4.3K, while UCO is about -2.5K. Let's first see...

Details on closing We have seen the basic principles of player closing. We have said that currently we are using essentially a few main mechanisms, in various useful combinations, according to the manager's preference (btw, if you have more mechanisms to suggest, just let me know): - Close on...

End of the week (and also of the first month). Quick folio update. Everything going ok so far. UCO is gone a bit far away and actually started inverting the position sometimes through the new sizing mechanism. Today I have added a few more options to protect TBT, using the scheme we have already...

Let's continue the discussion on the s/h game. We have said that, for the buy side or the sell side separately, we distinguish 4 phases which are traded with different parameters. As said, those phases are: when scalping: Loading Reversing when hedging: Protecting Realizing The game rules...

Folio update. The scalping / hedging action is proceeding fine. I added a few option configurations for TZA and TBT. [ I have also done some changes on the order sizing mechanism at implementation level, which l will explain later (reflected in the next application update), and that provide more...

Looking at the picture of GDXJ (top picture shows open players, and bottom picture all the orders, including the closed players), it should be evident what we have been discussing in a previous post and that PNL is composed practically of 2 main parts: - the contribution of closed players...

End of the week. Here is our current folio situation (remember that, as usual, italic denotes layers in "manual mode", such as the layers for the the option configurations, or for the instruments currently "at sleep", VXX and DGAZ). I am waiting for a bit of price reversal of ERY to place more...

Let me use again the VXX example to quickly show another feature. In this case I did not really wish to trade VXX, as we already have other correlated instruments, but I mostly wished to introduce the "awakening" feature (with the "order enqueuer"). Now let's see another feature. I have...

By the way, to complete the example (in the post preceding the last one) of the "trigger" we have placed on VXX (with "order enqueuer"), just 2 minutes before the closing bell, it appears it has triggered (thus switching VXX in auto mode), and already made something like 14 fills, in just few...