Stonks

A company named “snowflake” (this is a real company), that has spent $623m to earn $265m in 2020 (SGA is 3x revenue!) went public for $64 BILLION. And NKLA, a publicly known fraud, still is worth $12.4 BILLION.

And the head of the Federal Reserve said they are going to try to get inflation by pumping cash in the market through 2023.… read more “Stonks”

Setting Up A Trust Fund For Your Child

I recently realized I should set up a trust fund for each of my children. There is a strong stigma with a “trust fund baby”, but a trust fund for kids is actually extremely common and does not necessarily mean the family is wealthy or the child is spoiled. The trust fund is set up so that if the parents are not around for the child, the child has assets to survive.… read more “Setting Up A Trust Fund For Your Child”

TWS API – Solving Incorrect MinTick / Price Increment

Interactive Brokers will sometimes return an error if a programmer is not using the correct minimum tick amount for an order. I ran into this and received the error:

“The price does not conform to the minimum price variation for this contract.”

This was strange to me as the function reqContractDetails returned a minTick amount of 0.0001 for the contract DGLY. … read more “TWS API – Solving Incorrect MinTick / Price Increment”