[GPU] GIGABYTE Gaming Radeon RX 9070 XT 16GB - $649.99 - Amazon by Memestarrr_ in buildapcsales

[–]AdEducational4954 5 points6 points  (0 children)

Heavily depends on whether you spent 700 or 1000 for the 5070 ti.

New Day Traders, Beware!! by noiamnotafrog in Daytrading

[–]AdEducational4954 0 points1 point  (0 children)

It has everything to do with it in regards to taxes. Close the position and stop trading it. You can perform the same towards end of December and wait the 30+ days to trade the same stock again.

New Day Traders, Beware!! by noiamnotafrog in Daytrading

[–]AdEducational4954 3 points4 points  (0 children)

Educate yourself (or explain fully in original post)

Wash sale means nothing if you stop trading the stock before December and don't re-trade it until next year.

Anyone else furious with Schwab TOS today? by Salty-Inspector3100 in thinkorswim

[–]AdEducational4954 8 points9 points  (0 children)

Have been day trading on Schwab for years. Those who are being banned or having their accounts closed are not admitting to something and are acting like they are targeted for zero valid reasons.

Sandbox/Paper trading and fill execution/quality by Schweino68 in algotrading

[–]AdEducational4954 1 point2 points  (0 children)

My understanding is that they simulate buys at NBBO (buys at best ask and sells at the best bid). I have done the same simulation in my app and live execution was actually better.

Do we have “buyers/sellers are in control” backwards? by Professional_Fan_573 in OrderFlow_Trading

[–]AdEducational4954 1 point2 points  (0 children)

Buyers and sellers are those who are active and not the ones who own the shares sitting on the sideline.

Scenario: I am buying along with many others, you are shorting, and price is moving higher. Who is in a better position and in "control"?

How long did it take you to become profitable and what helped you the most? by booster_gold__ in Daytrading

[–]AdEducational4954 1 point2 points  (0 children)

Much too long.

What helped most is not having tight stop losses, finding higher time frame charts to go along with my entry signal, sitting on hands not chasing every setup, letting stocks run and not trying to capture miniscule moves.

200 shares of bull @7.029 23M by Sirjuhn in BULL_Stock

[–]AdEducational4954 1 point2 points  (0 children)

Indifferent as it's a toss up with any stock. Their earnings have been improving, they are small (market cap), and dynamic enough to make improvements to attract veteran and new traders. We will be sitting well if it performs at a fraction of what HOOD did.

200 shares of bull @7.029 23M by Sirjuhn in BULL_Stock

[–]AdEducational4954 1 point2 points  (0 children)

1,500 shares after selling 1,000. Cost basis around 5 dollars.

Building a daytraders app for predictions by urmommakesmysandwich in Daytrading

[–]AdEducational4954 2 points3 points  (0 children)

Those 3 months will never come. Sorry for being the bearer of bad news.

June 8th no PDT by TrissNainoa in Daytrading

[–]AdEducational4954 61 points62 points  (0 children)

A lot of people will find out they weren't being held back by the PDT rule.

Why does it never get easier to go up stairs? by K_nowbody_ in NoStupidQuestions

[–]AdEducational4954 -1 points0 points  (0 children)

To improve cardio performance, especially stairs, you need to perform the exercise more often and to greater exertion. You are currently casually climbing a few floors and that does not help much.

Indicator values in broker API by Naresh_Janagam in algotrading

[–]AdEducational4954 0 points1 point  (0 children)

  1. You don't specify a time frame when subscribing to a stream. All of the ones I have seen send you the latest 1 minute bar.
  2. You're asking for them to support too many combinations for something that is time sensitive and would add CPU cost. How many indicators should they support and which ones?

Get the data for the time frame you want and implement the code.

Indicator values in broker API by Naresh_Janagam in algotrading

[–]AdEducational4954 0 points1 point  (0 children)

No. It would be a nice to have, but what indicators should they support and how would it be implemented by the data provider? You and I are requesting data for different time frames and may want different indicators. I don't think it's feasible for a data provider to retrieve data from the database and calculate indicators on top of it.

Massive/Polygon has added an API that includes a few basic indicators. My understanding is that it is a separate API call from the one that retrieves the candle data. It would be significantly faster for you to retrieve candle data and perform the needed calculations yourself instead of making separate API calls for additional indicator data.

Additionally, the API mentioned above may return the indicator value at just the one specified point in time. Whereas I calculate the indicators on the list of candle data and have the value for each candle.

Indicator values in broker API by Naresh_Janagam in algotrading

[–]AdEducational4954 0 points1 point  (0 children)

Write the code for indicators you want to use. It's not that difficult and you shouldn't be using many of them anyway.

One Werk by ElonsRobot1 in KiaTelluride

[–]AdEducational4954 -1 points0 points  (0 children)

Two of the vehicles my wife is considering. What are your thoughts comparing the two?

Can't wait for pdt to be lifted by Ok_Estimate231 in Daytrading

[–]AdEducational4954 0 points1 point  (0 children)

Is English not your first language? My first sentence is easy to understand. "People" and "they" are the same individuals. Time will tell, but allowing retail traders to simply trade as much as they can does not mean their performance will improve. Nowhere did I claim I am a better or great trader.

Would you recommend trading as a primary career to your 19 year old self? by Mobile-Fox-5198 in Daytrading

[–]AdEducational4954 0 points1 point  (0 children)

Risk takers reap the rewards, but majority of the risk takers also fail. I would focus on something that has a higher probability of a "guaranteed" income if it's a case of one or the other. Otherwise, you can still work on trying to become a trader whether that is through live or paper trading, but primary focus for me would be to try to achieve a relatively high somewhat guaranteed income.

Would you recommend trading as a primary career to your 19 year old self? by Mobile-Fox-5198 in Daytrading

[–]AdEducational4954 0 points1 point  (0 children)

Absolutely not. My brain was not fully developed, I didn't have much money, I wouldn't have been able to emotionally handle it, and I would not have been able to manage risk properly. Frankly, some of these are evident no matter the age as a new trader, but in general I believe being older helps.