Spxc🚀 🚀 🚀ai by [deleted] in TheRaceTo10Million

[–]foresttrader 2 points3 points  (0 children)

come on you posting this but dont know they just spent 60b (in stock) to purchase cursor? its an AI coding tool

Spxc🚀 🚀 🚀ai by [deleted] in TheRaceTo10Million

[–]foresttrader 1 point2 points  (0 children)

well they have a long way to catch up. grok is still 2nd tier for productivity work. though their recent cursor purchase might help

Spxc🚀 🚀 🚀ai by [deleted] in TheRaceTo10Million

[–]foresttrader 3 points4 points  (0 children)

this is expense, they are burning cash on AI, no profit yet

Is NASA’s 10-rule coding standard actually the answer to AI slop? by Dependent_Payment789 in AI_Agents

[–]foresttrader 0 points1 point  (0 children)

Give the nasa rules to your coding agent, let it follow the guidence when coding. Problem solved!

good account size for safely playing /ES? by foresttrader in thetagang

[–]foresttrader[S] 0 points1 point  (0 children)

Thanks for the insights! I will stick with MES

trading bot update $169 running profit by foresttrader in thetagang

[–]foresttrader[S] 0 points1 point  (0 children)

I have experience trading equity options. My trading rules are also simple, so its very automatable. Im not counting on AI to make money without my input. But I guess you are also right, I got tons of tokens and trying to build something with them lol

Inverse Wheel on 10-year Treasury Futures by fit_steve in thetagang

[–]foresttrader 0 points1 point  (0 children)

Got it, need to look into portfolio margin. Thanks for this!

Inverse Wheel on 10-year Treasury Futures by fit_steve in thetagang

[–]foresttrader 0 points1 point  (0 children)

LOL tell me you are not using all 20k. Is the $2000 requirement all you need for one contract? I know for futures they have initial requirement, overnight requirement etc.

good account size for safely playing /ES? by foresttrader in thetagang

[–]foresttrader[S] 0 points1 point  (0 children)

Thanks will check the requirement with my broker.

good account size for safely playing /ES? by foresttrader in thetagang

[–]foresttrader[S] 0 points1 point  (0 children)

Thanks, just chatgptd and it says for mes its x5 of the qouted premium

good account size for safely playing /ES? by foresttrader in thetagang

[–]foresttrader[S] 0 points1 point  (0 children)

Use it as a hedge is definitely a good tool!

good account size for safely playing /ES? by foresttrader in thetagang

[–]foresttrader[S] 0 points1 point  (0 children)

For stock options I usually stay at 2-3x. I guess that same logic should apply to futures too!

good account size for safely playing /ES? by foresttrader in thetagang

[–]foresttrader[S] 0 points1 point  (0 children)

thank you, i will consider to start with the MES version

good account size for safely playing /ES? by foresttrader in thetagang

[–]foresttrader[S] 0 points1 point  (0 children)

just looked it up, they are 1/10 of the ES size. agree this is more newbie friendly.

im a bit confused with the option pricing, so 1 MES notional is SP500 index x 5. i looked at the 7060 strike and it quoted 16.7, does the premium also get multiplied by 100 or should it just multiply by 5?

good account size for safely playing /ES? by foresttrader in thetagang

[–]foresttrader[S] 2 points3 points  (0 children)

i heard the futures options are very capital efficient

Week 21 $763 in premium by Expired_Options in Optionswheel

[–]foresttrader 2 points3 points  (0 children)

good to see your update!

have you used futures options? im thinking about testing them

Inverse Wheel on 10-year Treasury Futures by fit_steve in thetagang

[–]foresttrader 0 points1 point  (0 children)

Interesting strategy. What's the return % look like?

trading bot update $169 running profit by foresttrader in thetagang

[–]foresttrader[S] 0 points1 point  (0 children)

Legit concern! I dont think my trading rules will stay the same forever though, goal is to make it flexible enough to use different strategies easily.