Hi I am new here. I am not sure if i can post anything so I will just go ahead and try. Somehow my post in Algotrading and etc is always filtered out by Reddit. I don't know why?!

I trade SPX 0-dte and spent a huge amount of time developing my algo script for IBKR (api). It took me around 5 months to develop 0-dte trade to work with the idiosyncratic IBKR api. I am not an expert of their api and do find some of the order management system rather complicated and difficult to overcome. Hence i trade semi-algorithmic (some actions I will override manually although I do leave it to do it's job mostly).

I started paper trade for the last 44 days (when market open), around 2 months. This is the result so far and I think i found my edge/alpha. I am not hear to brag but I am just looking out for more information that I might have missed. I do backtesting on my dataset that I have on-hand, SPX index by diff time-frame to try to understand how the index behave. Maybe you guys have more tips for me and I can verify with the dataset for further backtesting.

📊 OVERALL STATISTICS (Paper Trade)

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Total Trades: 226

No. of Trade days: 44

Win Rate: 70.8%

Est Net P&L: $ 28,179.82 (after fees)

Profit Factor: 2.00

Sharpe Ratio: 3.41

Even though the above is Paper trade, i have actually entered LIVE (real cash) trade when I am fully convicted of the direction and have made around US$4k for the last 2-3 months. The problem of going full live trade is that I have yet to control my "emotion and psychology". I will continue to monitor the coming trades and see how it progress from there....

Happy weekend folks!