Helping traders and investors add patience to their risk management process I ChatGPT+IBKR Automated Trading Guide I Trader Tax Status Guide I Futures, stocks, bonds, commodities, currencies, crypto
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Welcome to the latest edition of Perch Observations. General observations and commentary from the Little Bird Trading team coving:
Charts
Price Action reading
Links to the latest Weather Reports
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Previous Perch Observation:
In Perch Observation #8 “U Up” (above) we looked at the charts of the USD ($UUP), Yen ($FXY), Euro ($FXE), and Franc ($FXF). Let’s check out some of the other largest markets around the world:
India $INDA
Euro Stoxx 50 $FEZ
Japan $EWJ
China $MCHI
Good luck out there.
-Little Bird Trading
How To: Build Automated Trading System with ChatGPT and the Interactive Brokers API
Includes screenshots and downloadable Python code: Here
Trader Tax Status (TTS) Guide
For established and new Traders. Includes a downloadable example mark-to-market (MTM) spreadsheet and trading log: Here
The Little Bird Trading Web App
For Apple and Android devices: Here
Little Bird Trading helps traders and investors with the most important part of their risk management process: patience
Our radar tracks the current Tailwinds (longs/buys) and Headwinds (shorts/sells) of 100+ assets to spot a potential launch point (Mark), or to wait (Roost) for a clearer flight path.
All reports cover two flight times
· Traders— Typically holding positions for days to weeks.
· Investors— Typically holding positions for months to years.
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