Day trading options

Discussion in 'Options' started by MarketCoding, Feb 9, 2017.

  1. I have started with Thinkorswim strategies. These aren't really strategies and don't let you backtest in any real sense but did give me a place to start. Now I need to take my ideas into a more robust platform that will allow for day trading options.

    So far, I have landed on using the platform from quantshare.com which trades on Interactive Brokers through their API.

    Am I in the right place or should I be considering other platforms?
     
  2. Robert Morse

    Robert Morse Sponsor

    I'd need to learn more about your trading and process. We have several solutions. Send me an email and we can set up a call. We introduce to Wedbush for Reg-T and Pm accounts.

    Bob
     
  3. Let me know if you have a trial of something.
     
  4. truetype

    truetype

    Good luck with that...
     
    Handle123 likes this.
  5. If... you know what you're doing...trading options can be potentially very rewarding. -- But of course that's a huge If.
    Everyone thinks they're good (or the best) at Driving. Good at sex. Good at trading. yadda yadda yadda,

    Things happen fast with options, in the right hands...it can feel supernatural magical -- but in the wrong, or dumb, or inexperienced hands...you're just holding a bomb that will explode in your hands and expose your organs :cool::vomit:
     
    Last edited: Feb 9, 2017
  6. CBC

    CBC

    Sounds like hes just starting to day trade options....... your gonna be getting smoked for a while :cool:
     
  7. Sorry if I spoil the thread for the naysayers by taking it back on-topic ..

    @MarketCoder, what's the value-add you get from using Quantshare over accessing IB directly?
     
  8. @dunleggin I appreciate the reply and thank you for bringing it back on-topic.

    I don't think there is any built-in ability in IB to build and execute coded strategies.
     
  9. Sure there is. You just have to know how to program in C++ or Java (some say Python too) and write an app to use the IB API.

    Also, NinjaTrader uses a C#-like language for coding strategies and provides an abstraction layer to the IB API.
     
  10. hmm,

    Ok well therin lies the rub. I don't have those skills so that's why quantshare. I'd love to be able to do what you suggest though.

    Do you know of any starter templates using C# instead of C++ that I could use for such a task?
     
    #10     Feb 10, 2017