alain
Older and Wiser
Hello Boys and Girls,
It's that time of the year again.
Interactive Brokers Collegiate Trading Olympiad
It's that time of the year again.
Interactive Brokers Collegiate Trading Olympiad
Hello Boys and Girls,
It's that time of the year again.
Interactive Brokers Collegiate Trading Olympiad
Hello Boys and Girls,
It's that time of the year again.
Interactive Brokers Collegiate Trading Olympiad
Alain,
Are you entering again? Can you even do that?
I could enter again but I don't know if I'm allowed to do it because of my new job.
I don't see why not. The only requirement is to be a student. As to trading part - it's a simulated trading. You are not trading real money and cannot affect the market in any sense. So there should be no interference with your new job unless if you are going to use their computers to trade from work![]()
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I could enter again but I don't know if I'm allowed to do it because of my new job.
Alian can you give a little background about this competition? I have a few questions since you've already participated maybe you could shed some light.
1) Must you use IB's Api? do they support FIX?
2) Do you have to disclose your trading strategies?
3) How do they track your system and know that your system is running 100% automated?
4) How much of their system is based of real market conditions it would seem a strategy that works in the real world could have the potential to not work on their simulated exchange can you explain this?
Thanks
I had recommended last year that people focus 90% percent of their available time on back testing strategies and only 10% on interconnectivity to IB's API. The advice should be taken seriously as you will be trying to make over 100% gain in two months, or 50% per month while the SP500 averages 1% a month.
If people are interested we can gather together and discuss the Olympiad. Talk about strategies, how to setup API etc. May be Gus would be willing to give us a talk about it, because he has a lot of experience as a trader and also he did extremely well in last year's Olympiad.
Mr. Gus,GusTsahas; said:The only way to place in competition is to have your trading plan figured our before the competition starts and use huge leverage. The contest fills are realistic, so attaining the huge % gains on a consistent basis with different market conditions is the hard part. If you can be in gold on it's way from $750 to $800 in a one week period, with a 20:1 leverage, it will not matter if you executed to the API with a market order, a limit order, FOK, MOC or had a stop or not.
Christian, here are lots of resources for your project! :smt024GusTsahas; said:For those who insist on coding instead of researching strategies, there is a lot of information on the API interconnect at the IB web site if you search on API and at the yahoo user group has projects in the "files" section. http://finance.groups.yahoo.com/group/TWSAPI/
Max: Can you not get this data through Reuters or Bloomberg? They are both available at Subodnik, given you download and then send an email to yourself...If I'm mis-informed please let me know.