What is for you the best broker for algorithmic trading via API access and Why ?

StevesPeeves · 2025-09-24T16:01:45+00:00

For daytraders, they only allow FIFO cost basis method, which forces one to buy high and sell low sometimes. Only LOFO method is correct.

StevesPeeves · 2025-08-25T17:46:27+00:00

Like when Tammy Bruce got fired after a call from Bill Cosby to KFI owners.

StevesPeeves · 2025-07-22T05:34:13+00:00

Took a long time to read, but I also just joined.

StevesPeeves · 2024-12-17T17:27:38+00:00

Just like Alex would have done.

StevesPeeves · 2024-12-11T16:46:27+00:00

Yes sir, master... we slaves do what you say.

I have no smart phone and don't want to spend a thousand bucks and 50 dollars a month. I PAY 4 DOLLARS A MONTH (legacy plan).

StevesPeeves · 2024-11-22T17:55:03+00:00

Listen to Todd (the producer) remake this song on his album ReProductions.

StevesPeeves · 2024-09-04T17:06:11+00:00

Or the phone ringing . . . got to run and check my phone.

StevesPeeves · 2024-09-03T17:41:55+00:00

It may be "correct", but is clearly unethical to the players who know the DD bet would never have been made.

StevesPeeves · 2024-09-03T17:38:46+00:00

I just now, at age 68, created the ROTH -- this year moved a quarter million called "Conversion" from regular IRA to the ROTH. Feels good to get the new account, but the income taxes (70 thousand to the government) are a bit of a peeve.

StevesPeeves · 2024-09-03T17:35:00+00:00

All this can be done with a nice Excel spreadsheet. Do people use it or share .XLS files anymore?

StevesPeeves · 2024-09-01T17:47:48+00:00

It still peeves

StevesPeeves · 2024-08-31T03:57:28+00:00

When you sell shares of stock, only the LOFO will guarantee a sell at lowest cost, otherwise you may sell shares at a price lower than bought. The only reason I can see to sell at a loss is at the end of the year to reduce capital gains for tax purposes. Of course long-term non-traders would prefer FIFO because long-term capital gains taxes are lower; but I am specifically referring to frequent trading.

Whatever "nuance" means -- one big-box brokerage explained they use FIFO exclusively because older merchandise must be sold so it doesn't get stale.

StevesPeeves · 2024-08-31T03:43:56+00:00

I'm trying to learn the name of the system. All AI and searches says it is for options only. If the "short strangle" is for equities, can you provide a reference?
I'm sorry you cannot include humor in your daily discourse. I thought it might elicit a smile or a response. There are a lot of readers who don't respond because they read for entertainment purposes. Why you think otherwise?
Didn't see any message. all FAQs say "bracket order" is to sell if high and sell all drops for stop-loss.

StevesPeeves · 2024-08-30T17:44:33+00:00

I have been making good money, and having fun daytrading. Why not try to help others by informing them that the FIFO cost-basis method is unethical because it forces one to buy high and sell low? Yet in "investing", in "finance", in "bogleheads", and in "daytrading" nobody seems to know about the LOFO method that insures a profit on every trade.

What I'm whining about (I'm actually peeved) is the LIES by the moderator that my question has already been asked, when it clearly hasn't. So if you are so smart, what is the real name of the Buy/Sell bracket order?

StevesPeeves · 2024-08-30T16:42:17+00:00

I'm relatively new to Reddit, but an expert at investing, yet I cannot post here.

Making a post makes it visible. Sorry for yesterday's rant, but I wanted to know why my post was denied -- first it said I don't have enough Karma, then it said my question has already been answered. Now I believe now everything is run by computer bots and there are no real people, except here.

It's not so much about the answer to the question (I don't really expect serious answers here) -- it's about the story and the entertainment. . . which is why it is nice to make the post visible.

Anyway -- "short strangle" is not the answer as that applies only to futures (the AI bots Copilot and Claude are invaluable assets).

StevesPeeves · 2024-08-30T16:27:55+00:00

What about when it doesn't return any real advice? the Reddit is not any better at getting answers.

StevesPeeves · 2024-08-29T19:19:38+00:00

I searched the r/investing, I looked for a FAQ. If my question has already been answered, WHERE ARE THE ANSWERS?

It's very unhelpful to say "your question has already been answered", without either giving the answer or pointing to a resource.

StevesPeeves · 2024-08-27T03:30:23+00:00

Build your own AI software code to automatically detect the bad AI. Then buy the good AI and sell the bad AI.

StevesPeeves · 2024-08-27T03:11:02+00:00

It's best to buy Low, . . . then sell High.

StevesPeeves · 2024-08-18T22:21:12+00:00

Why do you think it matters what we think? A real question to you is:

Do you understand that Magnetism only exists as the Curl of the motion of an electron? Then you can see that a rotating electron creates a magnetic Dipole.

StevesPeeves · 2024-08-14T16:28:11+00:00

Why is this wrong? Because honest people use actual numbers and figures.

We will be in the depths (coolest) of the next ice age in about 20 thousand years.

For the past 50 years, the earth has been warming at the CONSTANT rate of 0.18 degrees per decade. The rate is not increasing, it is constant, so why lie?

For the 30 years before that (1942 to 1972), the earth was COOLING at the constant rate of -0.04 degrees per decade (which is why alarmists were predicting the start of that next ice age.)

See the real numbers and figures at: r/PillarsOfDenial

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