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  1. tommcginnis

    trading using moving averages

    A quibble/substantive criticism [yes, that's a bit of a contradiction...] "Not a bad job!" overall, but there were only two sentences in the whole piece that allowed for consideration of anything beyond the 20/50/200 MAs that so-blinder half the participants on this thread. This totally made-up...
  2. tommcginnis

    placing a trade

    Yes, there is a way to get a better price. I will whisper it: When you sell, sell for a higher price. When you buy, buy for a lower price. Always. If you have any questions, pull up a DOM -- Depth Of Market -- and sit and watch it for a while. When you hear voices and can nearly *see* hand...
  3. tommcginnis

    Kanye West, Kim Kardashian buy huge $14M ranch in Wyoming

    • 3.75 miles square. • One of the only green spots on a satellite photo for many, many miles around. • Yellowstone National Park crowds the western horizon: 20 minutes by car. (About the same by snow machine/ATV.) • Already an operating biz with web presence...
  4. tommcginnis

    Question and challenge Is there a person on the planet can double his capital only once every year?

    Your 100%/year 'challenge' is met routinely by people who trade in an unsustainable manner, and blow up their account in year two. That you conflate a 1-year challenge into a multi-year requirement indicates either dishonesty on your part, or much more likely, ignorance of the realities of...
  5. tommcginnis

    trading using moving averages

    That sound you're hearing is the howling and teeth-gnashing of an entire industry of algo traders/firms who, now recognizing their folly, and zeroing their accounts and packing up shop. Hope you're proud of yourself. :D
  6. tommcginnis

    Is the volatility over for now?

    SAY WHAT???? I happened upon this chart from last year... it reminded me of how rich things are..... For clarity: Green is VIX9DAY for three expiries, VIX thereafter. Orange is for the 10-δ strike (0.10) Blue is for the -10 (-0.10) strike. The VIX itself is (was) still sitting at ~13 -- when...
  7. tommcginnis

    Why go pro?

    What you describe is a real *cusp* situation -- but is especially dependent on which of the 50 U.S. states you'd be filing. You have already invested a bunch in organizational 'infrastructure' that, should your AUM or client-count double, you'd be well-positioned to scale up. The hanger will be...
  8. tommcginnis

    trading using moving averages

    But what's more is, if you use them to project current trends, and you can statistically show that they work, then "Good on ya!" and get on your way. And if your statistics show that the future is not so-well aligned with those lampposts of the past, then don't use them. But forget the mystery...
  9. tommcginnis

    Guy And His Dog Are Visiting All 50 States On A Motorcycle

    May not be in your neighborhood, but if you can attend, it is The Best sort of prep...: https://www.aldha.org/gathering For further trail-lusting: There are now so many hiking videos, it's hard to find those with a clue. One SOLID contributor is a gal named Dixie -- Homemade Wanderlust. She be...
  10. tommcginnis

    Futures Options Max Loss

    Is this what you mean?? :D https://www.cmegroup.com/trading/agricultural/grain-and-oilseed/corn_performance_bonds.html#sortField=exchange&sortAsc=true&clearingCode=C&sector=AGRICULTURE&exchange=CBT&pageNumber=1
  11. tommcginnis

    Saved Charts on TWS!

    If you need a cathedral to believe in God, then you want to become a Roman Catholic. If you believe in a God of everywhere and in everything, then a "plain" Quaker meeting house will do you just fine. TWS charting is for people who believe in their trades outside of the pretty pictures...
  12. tommcginnis

    selling a butterlfy

    Depends on position.
  13. tommcginnis

    Position Greeks

    You have two negatives in example 2, but that aside -- Yes: position greeks are additive for the same (underlying) contract.
  14. tommcginnis

    Saved Charts on TWS!

    Did you watch an IB TWS charting video? Do that, and then see if you have any questions. Things to watch for: The difference between saving TWS settings and saving charts and saving chart templates....
  15. tommcginnis

    Whoa! This'll change things up a bit: https://interactivebrokers.capitalise.ai/wizard

    What you're describing *could* be Tradeview -- which I fiddled with for a good month+, and could never seem to overcome bugs/inconsistencies. (A cryin' shame, too. -- I really hope they polish like it deserves (IMO) to be polished and strutted 'round...) I know there are other..."sharing" sites...
  16. tommcginnis

    I plan to file a corp in a tax free state. Would it be better to buy a property in that state also?

    Every state charges taxes. A minimum/zero income tax state will have higher property and sales taxes. A minimum property tax state will have higher income and sales taxes. A minimum sales tax state..... you get the idea. To choose right now (and focusing on income taxes), you'd be buying...
  17. tommcginnis

    How long did you take to make money

    If you're trying to write algos before you know how to trade, it won't work. Figure out a dynamic market first, then reduce your routine to rules, then code those rules. THEN test, backtest, retest, rewrite, tweak, geek, and freak. In one word: SCREENTIME.
  18. tommcginnis

    Serious Question

    I once caused a court reporter to crack up a *very* serious (read: "haughty") hearing room one time when, in the course of a response under cross, I used the term heteroskedasticity. Now, the regulatory community is rather small, so the judges, lawyers, *Court*reporters*, primary staffers -- all...
  19. tommcginnis

    Serious Question

    I have been pounding this drum for at least the past year. "Good on ya!!"
  20. tommcginnis

    Serious Question

    B.T.D.T. o_O Got little more than a t-shirt. (But I LOVE the commute.) Your description takes me back... like it was yesterday. No advice to offer you on it. Maybe just a reflection that it seems like you're being realistic and are soberly considering the situation. Oh: don't forget health...
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