Do Futures make sense at high margin rates?

I've been backtesting and paper trading an NQ scalping strategy for awhile. I went with IBKR as my broker based on the API and the low fees for API, data and trades. However, IBKR doesn't have discount margin rates on futures, and NQ has skyrocketed to well over 40k per contract. This means tying up quite a bit of money in either cash or t-bills (best I can find as an alternative to at least get some return). No matter how successful my strategy is (or isn't!), that's opportunity cost lost in other investments compared to discount margin. But switching to another broker would be a lot of work, plus potentially higher regular costs. Are others still using brokers such as IBKR for futures?

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u/loudsound-org — 4 days ago

Anything to do with cash while trading futures?

I'm algotrading futures (NQ specifically, and still just paper trading at the moment), and the margin is pretty high now (over 40k per contract for NQ). Is there something more efficient I can do than just having all that sitting in cash? From my understanding any investments don't count toward margin requirements, so the best I can do is make the tiny amount of interest on the cash account. But maybe I'm missing a better strategy?

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u/loudsound-org — 12 days ago
▲ 7 r/SDCC

Where to get free poster tubes now that Fox and Hulu are gone?

I didn't order anything from Amazon and now its too late before I leave on Tuesday. Also, I like free!

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u/loudsound-org — 1 month ago

Family Hub Browser Broken

I can't get the browser on my Family Hub refrigerator to open. It has a pop-up with a hint about adding bookmarks to the home screen, but its completely frozen. Can't click on "do not show again" or "ok". I can exit out and go to other apps but then the browser doesn't even open at all for several minutes. Then I get stuck with the same pop-up. I've tried restarting through the About menu, as well as hard reset using the switch on top of the door. I'm trying to add Home Assistant and Immich and as far as I can tell the browser is the only option but no way to start it! I'm on the latest firmware. Any ideas?

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u/loudsound-org — 2 months ago

Family Hub Browser Broken

I can't get the browser on my Family Hub refrigerator to open. It has a pop-up with a hint about adding bookmarks to the home screen, but its completely frozen. Can't click on "do not show again" or "ok". I can exit out and go to other apps but then the browser doesn't even open at all for several minutes. Then I get stuck with the same pop-up. I've tried restarting through the About menu, as well as hard reset using the switch on top of the door. I'm trying to add Home Assistant and Immich and as far as I can tell the browser is the only option but no way to start it! I'm on the latest firmware. Any ideas?

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u/loudsound-org — 2 months ago

I can watch one or videos on my AM6B+ over NFS or SMB, but then when I try to play another it'll give an error (logs just say can't find the file), and neither the NFS or SMB share will play anything until I reboot. Currently running P3I but it's been happening with every version. I'm using Jellyfin with the native mode so it shouldn't be any different any other network share, and going through the file manager I get the same results. Any ideas how to get this more stable?!

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u/loudsound-org — 4 months ago

I'm working on a futures scalping algo (using QuantConnect running fully local with IBKR), and finally got out of backtesting into paper trading. I don't know if this is a paper trading account issue with IBKR or not but I'm getting a surprising number of partial fills even though I'm only doing 2 contracts at a time (only ever exposed to 2, with a limit and stop order placed after entry for my exit points). But the partial fills really complicates handling the follow-on orders and cancellations as exits are filled. If I changed up my ordering to do two separate orders for entry instead of one for 2 contracts, it would greatly simplify tracking and management I think, but if I scale up to more contracts that means even more single contract orders. Any thoughts on sticking with what I have and ironing out the issues, or "simplifying" to one order = one contract?

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u/loudsound-org — 4 months ago