For both puts and calls, if you buy them (=you’re long), you can't lose more than what you paid. Just close them before expiry (see above comment)...
Yes, conditional order on IB can do that. Kind of a pain to access, interface-wise. You'll set a trigger, and it sets whatever type (stop, limit,...
Did you shut down the API? I've had it happen where I'd cancel an order manually that was sent from algo via API, and the algo immediately resent it.
TIL that banks give out personal loans for speculation, post-2008.
That's going to be tough to establish without a lot of really good data. Consider the fact that 2 cents of extra slippage on a 100 share lot costs...
Exactly. I trade some instruments with tight stop losses, and others with much wider risk management. The former clearly underperformed this week,...
UAL has been a lot less choppy than I would have expected. Nice to trade if you trade momentum.
I'm not a fundamentals trader, but I'd be weary of BA, or any company with a lot of debt. Don't know where COVID's taking us, but a lot of...
I've been trading UAL and MSFT a lot this past week, profitably. My advice? Don't hold overnight; trade short momentum swings; take profit where...
Ok, boomer.
It's a temporary level based on how data gets loaded and how the visualization is made. Nothing's leveling off.
I wanted to get the pulse of this community about something I've been considering. For those of you who trade two very different styles -- in my...
If you'd be mad about losing $300 (but are ok losing $200), stay at $200. Every risk management strategy will miss some trades that could have...
I do a 50% hard stop at a target and 50% trailing stop for my manual trading -- it takes a lot of mental energy out of managing a winning trade....
I use chartvps with IB. Completely seamless experience, their datacenters are near exchanges, and good customer service. Probably a bit pricier...
Just jumping in to say that this is a great thread. I recently went live with my first automated/algo strategy (after much paper trading,...
Do smart routing for a month, then route to NASDAQ (or wherever) directly for a month. Compare results. It's imperfect, but there is no perfect...
"local" =/= "data farm". Data farms were fine this morning, and OP's issue could not have been related to a data farm (reread their original message).
Again, your $ risk is in gap up (your buy stop gets filled at $860, e.g) or quick gap down after you’ve already purchased the shares (TSLA inches...
It’s up. Must be a local issue. I can’t see IB — a large public company — not sending out some form of notification if they had a system-wide outage.
Separate names with a comma.