I dont want to get into details, but the problem I am running into is liquidity. Running the formula would do extremely well "it seems" if I could...
deepfkvalue: Yes, was definitely looking more for info about means to implement versus whether or not the strategy will work. Thank you for your...
kmiklas: No doubt it sounds like an uphill battle if not a roadblock completely. Thank you for the info for sure!
OK, thank you for the update. I am going to look into IB since they are so commonly talked about.
dholliday: Excellent ideas and info. Thank you for taking the time to share. I have so much to learn still and much research left to do, but I'll...
OK thank you. So I need to look for Websockets.
OK, so doing a bit more general reading, it looks like if I were to try and implement this strategy, technically one of the issues might be the...
terr: Thanks for the continued info on the 390 rule. I will dig deeper on that for sure and I will also dig deeper on the AFAIU liquidity topic....
Thank you for the follow up and the insights. I truly appreciate it!
I was poking around on Reddit and someone said this "390 orders rule applies to options orders only. Stock orders, futures orders, forex, etc....
Hmmm...I did not know that one. Thank you for that not so exciting baseball bat to my idea lol....dang it. Time to research professional trading...
FWIW, right now on my spreadsheet during back testing (about 28 million data points), for each transaction that I would have have executed, it is...
Well to be honest, as of right now, it is as simple as "it will go up", but in your scenario, if the .01 gain happens to be a $1 stock, that's a...
Brain fart. Just thought about this. Using EOD Historical data like I have been doing WILL allow me to test option #2 in my last post. This is...
Agreed. I am leaning towards Option 1 as well. I am truly curious how quickly the scan (ALL stocks) and order (maybe 2000 stocks) process could...
If pre-market automated scanning and trading will work on pre-market information, I guess another option could be to scan pre-market within moment...
Thank you for sticking in there with me. Let me walk this through in my head. Option 1: Wait for open, scan all stocks on market for any that...
But how can I do that if my purchasing decisions are literally based on the open price compared to some previous day(s) data. To do the orders...
Also, when you say get market data for the 2000 stocks would take time, would that be any kind of data at all, or just more complex intraday type...
Thank you for the thoughts. Here was my thinking on limit orders: For shits and giggles, lets assume all the stocks I pick will close higher than...
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