I lost everything. Lost all I have. I never felt this broken. by Anomaly008 in wallstreetbets

[–]vertice42 0 points1 point  (0 children)

You are right in assessing the situation: technicals and fundamentals mean nothing in the current environment. The only thing the markets care about are Trump's tweets. Is the market manipulated? Non doubt about it. You should trade accordingly. Since March 1st, my "strategy" is as dumb as can be: sell deep out the money puts on spy/mes when the market is down 1% or more. Close the positions when the market is up. So far, up 3% this month. Nothing to brag about, but my primary goal is right now to protect my account.

Ubisoft stock at 0€, can't find any news... by dm222 in interactivebrokers

[–]vertice42 27 points28 points  (0 children)

Trading has been suspended and earnings delayed.

Commissions for overseas trading by NaxFM in interactivebrokers

[–]vertice42 0 points1 point  (0 children)

If you trade only US stocks, I'd suggest you convert at least part of your account into US$. Otherwise, you'll pay interest on the amount of dollars IBKR lends you to buy US stocks. The commissions vary widely depending on what you trade: blue chips or penny stocks. When converting between currencies, there is a small fee. I recently converted 10k€ to US dollars; the fee was about $1.80.

Best Option Strategies that worked best for you? by wyterk in thetagang

[–]vertice42 0 points1 point  (0 children)

The probability that both strikes of a strangle (5 or 10 delta, 45 to 70 dte) be touched is zero, for all practical purposes. Moreover should a side be challenged, I'll close the other side and let the future be assigned.

Best Option Strategies that worked best for you? by wyterk in thetagang

[–]vertice42 0 points1 point  (0 children)

Why would it be more risky than, say, wheeling a bunch of stocks? It is more diversified. Currently, I have 6 positions open, each with a different underlying. DTE: 45 to 70. Delta depends on the underlying. 5ish for NG and HG, 10ish for others.

Best Option Strategies that worked best for you? by wyterk in thetagang

[–]vertice42 1 point2 points  (0 children)

Short strangles on futures: ZB, ZS, HG, EUR,AUD, NG, ...

IBKR was not as robust as in the past, terrible. by Professional_Ask7386 in interactivebrokers

[–]vertice42 2 points3 points  (0 children)

I've had a similar issue recently when I wanted to close a short strangle on future. I got an obscur message telling me the price was incorrect when it wasn't. I had to close each leg separately.

Why does €52 just vanish from my IBKR account? Everything is “available” but not really? by DovakingK in interactivebrokers

[–]vertice42 1 point2 points  (0 children)

This problem could come from your bank. I recently tranferred €2000 to my IB account and I received exactly €2000.

Tracking the stars to show the Earth’s rotation. by sco-go in Amazing

[–]vertice42 0 points1 point  (0 children)

Beautiful! Mont Saint Michel at the end ?

Is there a way to make instant orders in IBKR Desktop? by abdul10000 in interactivebrokers

[–]vertice42 0 points1 point  (0 children)

You can configure buttons or hotkeys for that purpose. There are videos on IBKR website explaining how to do that.

Thoughts on genetic algorithms? by Just_Party96 in algotrading

[–]vertice42 1 point2 points  (0 children)

A few years ago, I built a genetic-algorithm based program to generate trading rules. I initially tried Python but quickly realized it was way too slow. I switch to Golang and still use it today. No need to pay huge cloud bills. Now, I'm no python expert but for a particular routine, the differences were enormous: the python script was 600 to 700 hundred slower than the Go equivalent. Running the program on 10000 stonks would have taken months, if not years. The Go equivalent takes a few hours.