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You need to realize that TWS is a raw platform with 2-3-4 different ways to do any single task. The best way for any given user will differ from the best way for any other trader, as those traders' intercourse with the markets differ. Thus, different traders' TWS set-ups will differ *hugely* one...

No. It means you are +1 option at your short strike, net of your original position. If your original position was -1, your current net is [-1 + +1] = 0. If you held a -6 position, it is now -5. It depends on the contract. Look at the specs for each expiry and find whether it is European or...

Watch for a consistent pattern, first. (Before you attempt to explain it.) There may indeed not be any insightful consistency. (Over, say, a 1min candle, observed over RTH over 2-3 M-F trading day cycles....) When you believe you have seen a pattern, right it down, in some detail. See if it...

If you don't have an empirically, historically, derived expectation for your trades, you are placing your capital at the whim of the market and yourself for each and every trade.

Wow. Some crazy answers here. People need to finish their coffee. When the call you sold (of your short vertical American spread) goes ITM, your short strike is certainly subject to exercise. If exercised, your account is debited for the cost of purchasing the underlying contract(s) at...

Well, it *kinda* does, by virtue of the fact that he's (effectively) plotting a series of hourly ATRs for x-many days, to look for windows of 'advisability' in which to trade. (Which is to say, if you're working a day-swing, and want at least 5-8pts per hour, then place your stops accordingly...

"You got it, Clyde." Anything (pretty much) in finance has, as its best predictor, the prior observation. Truly and completely random would have no discernible modes -- a uniform distribution. (A fair die rolled on a flat surface.) Things that follow a Central Tendency 'subscribe' to the...

I've been taking 4:00pm ET as the close, and then working the signals through 4:15. Works pretty sweet. :thumbsup:

OMG. (Blasphemery aside...) I know it's early yet, but this is the funniest thread I've seen in 2019. :wtf::confused::cool::p You guys are awesome. :thumbsup::thumbsup::thumbsup: Each and every one. :fistbump::fistbump::fistbump: Many big thanks. :D:D:D WHOA WHOA WHOA-WHOA WHOA. That...

Slow down. Read the sites you've already been given. "All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. Settlement prices on instruments without open...

Great article. 2019 *should* end with me having rules for a dynamic(-ally optimised), trend-exploiting, mean-reversion-backed ("universal") portfolio. We'll see. EOD data, EOD trades, so it shouldn't be that hard to *code*.... the *optimization* could much longer. But it's certainly where I'm...

Part of IB's API offerings is an Excel platform that would suit your situation very well -- it requires no coding skills beyond the algebra of a cell formula and the ability to spec a field like a future's expiry. Its soft spot would be the ability to handle lots of contracts -- which (by...

And you are wrong. An idea that makes a safe dollar makes a safe dollar. One million of such ideas makes one million dollars. But the idea that a hedge that works less than $100,000,000 must only participate in algos that scale to $10s of billions -- is patently ludicrous. Neither the economy...

Why for? What the FED did 10 years ago, was shift the entire risk spectrum towards "risk" and towards equities -- including the denigrated debt market/TLT/quality paper. It has only recently (past 15-18 months??) *started* to make a dent in selling off it's ballooned balance sheet -- so no...

No. Your contention was that a worthwhile idea must scale -- a requirement disproved daily by individuals and family-funds that simple have no interest in tooting their own horn(s), for as soon as they do, market arbitrage will siphon those profits away.

Happily, very wrong. There are a lot of unsung trading algos/protocols which provide a living for anybody with a computer and a hook-up that survive only because they are taking bits of the market that are simply not worth the time of the big boys. These are accounts that don't take a month or...

Segment your trading account; fund the segment with sufficient funds to work your idea; ask someone to trade it for you, according to the rules you establish; pay them a fixed fee; sleep well.

If you don't know what you've bought, you must have been trapped into specifying where the $30,000 was going to go, right? So you took a stab at "aggressive" and "conservative" without even knowing that their components were actually diversified. Ugh. And now, though you "only trade options"...

With a 25 VIX, that's feasible. Try it with VIX of 10. Or 9. Or 8. Best keep an eye on things, cuz "rolling for a credit" is a door that *can*close.*