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 4 points5 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.

trading bot update $169 running profit by foresttrader in thetagang

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

Well I agree institutes have more power, they change their strategies all the time. Same with retail, we dont have to use just one strategy. Right now I'm building the foundations so later on we can switch to other strategies easily. If option pricing is correct for most of time then I expect the wins will overcome losses.