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  1. tommcginnis

    For profitable traders only...how much is your strategy worth?

    Okay -- some thoughts: ☼ This is like one of the *coolest* threads this year. I know it's only February, but shit. ☼ You guys have (collectively) hit on about every real, *material* concern to be raised -- ☼ you've tossed it all back and forth -- *great* give-and-take..... but... ☼ HOW HAS NO...
  2. tommcginnis

    Reverse trend correlation?

    The ordinal *event* of 'trendiness' is correlated with 'DE-trendiness' -- even if the cardinal trendiness is not. It's not as pretty, but it's still an inverse correlation. I haven't had enough coffee, but I'm thinking (like you, qlai) that there must be a better term for it. I am abashed that...
  3. tommcginnis

    Hedging ratios for vega neutrality/vomma trading

    You can toss the terms around in the right ways -- I don't think a book is going to do anything for you. I think you need to cement these things in your head with real-life lessons. I think it's plain that you need some skin in the game, to watch and to glue into your ganglions what works...
  4. tommcginnis

    Adventures in Automation

    The biggest Newb Error I observe [and have to warn myself of, constantly] is that Entry & Exit and Long & Short fill in a 2x2 square. So, Enter-Long____Exit-Long Enter-Short____Exit-Short As well, any counter-trade you might...
  5. tommcginnis

    What are some futures contracts that should be available, but aren't?

    ☼ Bitcoin, et.al. (short) ☼ Lithium (no lie: https://www.cnbc.com/2017/10/04/investors-bullish-on-electric-car-battery-tech-mull-lithium-futures.html ) ☼ Hops (long) ☼ White House staffers writing books (long) ☼ Late-night TV Comedians (short-term: long; long-term, short) ☼ Bananas (WTH...
  6. tommcginnis

    How can I get live real time data without paying extra fees?

    Every exchange charges for real-time data. Every broker that provides data "for free" makes it up in higher charges elsewhere. IB's business model has it merely passing through exchange data fees. If you trade a token amount, IB will absorb many exchange fees anyway. All of this information is...
  7. tommcginnis

    Etrade API ideas

    Cart way before the horse. Decide what you're wanting as an end-product; otherwise, your message is a mess of contradictions.
  8. tommcginnis

    Milk is bad for humans

    Milk (U.S. retail) at all-time lows, and you want to short it?!? :wtf::confused::rolleyes:o_O:cool:
  9. tommcginnis

    Interactive Broker python API Question

    "That is a dead parrot." :D
  10. tommcginnis

    Milk is bad for humans

    I do not know this to be true -- I just crack up every time I read, "tastes like ass." :D
  11. tommcginnis

    Exporting option chain data to Excel

    Go to TWS, not TWS_Mosaic, and you'll have more choices.
  12. tommcginnis

    Will AI cause changes in price action fundamentals?

    ...which only means we are returning to a normal market. "Wake me when the hysteria is over?" Zzzz-zzzzz-zzzzz....
  13. tommcginnis

    Exporting option chain data to Excel

    And you can do the same thing from IB: File/[down-arrow]/Export_to_File and there you go. Works for ANY QuoteMonitor page -- I have set up DB feeds for 5 years: 71 SPX strikes, and then 26 fields for market data, option greeks, and any specific account/position fields -- for usually 6 expirys...
  14. tommcginnis

    US National Debt Does Not Matter?

    I think you have your directions crossed. https://www.nationalreview.com/2018/07/trump-budget-deficits-growing-big-spending-fiscal-irresponsibility/
  15. tommcginnis

    So I was at Fidelity doing a simple "sell to open"...

    I have seen 856 of these for every account I have set up through IB over the years. (Three accounts for myself -- half-a-dozen (easy) for others.) You only have 855 to go. :confused:
  16. tommcginnis

    Is it possible to close a credit spread before the last day of the contract ?

    The information you seek has already been presented to you in prior answers -- which you apparently did not read. I encourage you to close your account immediately, and spend the next year focused on learning.
  17. tommcginnis

    US National Debt Does Not Matter?

    Well, that's like, your opinion, man.
  18. tommcginnis

    Finding the ATM strike

    I set up the QuoteMonitor page specifically to be a DB -- it's snapshot only, remember: no historical. Hit File/down-arrow/Export Page to .csv/ and give it a name+location. Then you just import it into your spreadsheet. (Or in your case! feed your API from something that takes about 5 seconds to...
  19. tommcginnis

    Will AI cause changes in price action fundamentals?

    I don't believe it's possible to have a thread like this without participants having written in complete ignorance of 1987. Here: https://duckduckgo.com/?q=crash+of+%2787+program+trading&t=ffsb&ia=web Y'all take a deep, freakin' breath. D'ya realize that 2018 was the first year of...
  20. tommcginnis

    Finding the ATM strike

    Why not utilize IB as your starter, since that's where you're going anyway? What data are you (then) getting from IB? By what API path are you working with IB? (FWIW, I set up a QuoteMonitor page specifically for scraping purposes, and offload that to a spreadsheet from which I end up with a...
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