Recent content by TWI

  1. TWI

    Why so few posts on Commodities last year when that was a lovely place to play ?

    Well, I cannot really answer your question, I only drop in here occasionally, maybe that is because I trade primarily commodity derivatives. Happy to connect. I am no longer in London now in the South West. Like you, been in this game a long time.
  2. TWI

    Looking for Futures Trading Buddies (UK/North west)

    I have accumulated a few good traders that I chat with daily. I'm covering derivatives(mainly US commodities) and ETFs. Been solo a good number of year, pro before that, discretionary and systematic. Dm me your contacts would be good to chat.
  3. TWI

    Looking for experience of IBKR systematic trading

    I am looking for somebody that has experience with implementing and running futures trading algos on the Interactive Brokers platform. The role would include conversion of Tradestaion EL based strategies, development directly on the IB platform and taking ownership of maintaining and running a...
  4. TWI

    Backtested 20 years of different portfolios

    Thanks for posting the link, will have a look around. I have used https://allocatesmartly.com/ for a number of years which offers similar TAA backtests and real time allocations. I pay $300/yr as I do actually invest capital in these systems and it saves me some significant work on...
  5. TWI

    Oil rises on US fuel demand expectations ahead of OPEC+ meeting

    Low 70's always a good entry for long Crude with current cost of marginal barrel. Forward stucture is backwardated so buying forward or roll also favourable.
  6. TWI

    Leverage question

    Leverage allows you to hold a larger position in the market with a smaller amount of your own capital. In your case, a 30:1 leverage means that for every £1 of your money, you can purchase something of £30 market value but it does not mean you can continue to hold it when the price declines...
  7. TWI

    Seeking advice on fundamental crossover strategy implementation

    I would suggest backtesting your idea with historical data and experiment with various entry and risk management criteria. Just start simply buying on the cross up and going flat on the cross down. Then, if getting whipped around a bit add some additional cirteria like buy the cross up and a new...
  8. TWI

    Energy/Commodity Thread

    I have also been riding the Uranium bull and feel it has a lot further to go, it is linked directly to the vast energy requirements of the tech sector as they enable their AI compute. Metals seem to be a popular theme in my portfolio in recent months as also been in copper and platinum which...
  9. TWI

    Copper Bull Bull Bull

    Thanks timsk, I have been adding to longs on sell-offs via conviction in the global supply/demand, it was not easy to maintiain this vieww Aug 23-Feb 24 but nothing I read about the market suggested otherwise and the only flag was global recession which fortunately did not transpire. With my...
  10. TWI

    Copper Bull Bull Bull

    I'm pleased to share that, as is often the case in fundamental based trades in commodity markets, patience has paid off. I firmly believe we are at the beginning of a prolonged bull market in copper. Will continue to increase on dips.
  11. TWI

    Copper Bull Bull Bull

    Think you nailed the pull back. Taken all yesterdays gains back already. I have this as a long term position and will be accumulating more on dips. I note CaterpillarInc CEO today was not talking bullish on Chinese construction projects...does not help.
  12. TWI

    Copper Bull Bull Bull

    I have built a long in copper over the past few months. I believe it will exceed $5/lb in the coming year. The fundamentals of global electrification which requires huge quantities of copper combined with the long term ESG driven reluctance to fund new mining operations for its extraction lead...
  13. TWI

    What would you involve in a risk management workshop?

    Hi Tim, Just implying that with each trade you have additional information you did not have at the last decision point. While a coin toss is a random event with two equally likely outcomes, trading involves a much more complex and dynamic set of variables and a system which has an unexpected...
  14. TWI

    How to hedge currency risk with Interactive Brokers?

    Best way is to convert from account base currency to USD spot for an amount slightly more than the value of the equities purchased, then you will not be charged for any USD borrowing. If you close the trade in profit or loss, then just convert the dollars positive balance back to base currency...
  15. TWI

    Tradstation 2000i Questions

    Nice, revived a thread after 17 years! Check the event log on your computer for any errors that may be related to GlobalServer/Tradestation 2000. Try running Tradestation 2000 in Safe Mode.
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