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Hotkey command to cover either LONG / SHORT position
ryan_pdt replied to ryan_pdt's topic in DAS Trader Pro Tips and Tricks
Hi, Here's another hotkey command for STOP Market at avgcost or at breakeven whether you are Long or Short. ROUTE=STOP;StopType=Market;Share=Pos;StopPrice=AvgCost+0.00;TIF=DAY+;SEND=REVERSE Thanks, Ryan -
IB (Interactive Brokers) - Margin Requirement checker
ryan_pdt replied to ryan_pdt's topic in Day Trading Brokers
Yes, some of the IB users had experienced this. So it's a habit of mine now to open TWS platform to check the margin rate of a stock. - Yesterday
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From the perspective of being one’s own trading coach, assuming a trader does not have to work through any major issues, which would be your top 5 lessons to use in a continuous improvement loop for improved performance?
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IB (Interactive Brokers) - Margin Requirement checker
Donté replied to ryan_pdt's topic in Day Trading Brokers
Thanks for sharing the link, Ryan! I ran into a similar scenario attempting to short MLNT today. DAS Pro showed the equity as "Marginable by default". The margin order I placed was rejected due to IB showing the stock as non-marginable. (E.g. I didn't meet the initial margin requirement of 100% trade value in my IB acct.) Wondering if anyone has run into this issue before and is there a way, within DAS, to get a more accurate view of IB's margin requirements on any given stock? The website you shared, Ryan, is helpful, but not a quick-to-execute option. -
yankeemom joined the community
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Vikramaditya Trading Journal - Live 08Apr2019
IamKarthi replied to IamKarthi's topic in Day Trading Journals
18.Jun.19 - DASTrader - BT Green Day. I had $MU, $FB, $TSLA, $MSFT and LF/LP $MLNT & CHWY on the watchlist. Trade1: $MU. MU was strong on the daily coming from double bottom, I thought. At the open price dumped, I took 5min ORB under PCL. I was not comfortable to take an entry so far below the VWAP and MAs. I got out. Price dropped to 2R and bounced back. Entry - $34.16, Stop - 13c ($34.29-PCL), Exit - $34.2. Price reached 2R before bouncing back. Trade2: $MLNT. Main trade. $MLNT is a Lowfloat stock (<20Mn flt), it had +ve results and so gapped up premarket. At the open price fell down. Slowly came up above the MAs with volume, and I took long once the price opened above MAs/VWAP. Huge candle and I partialed completely. Stock was halted after that. Fallen Angel setup. Worked for me everytime. Good: On $MU, I thought the Entry was extended, so got out immediately, which is fine. Nice Entry on $MLNT for the fallen angel setup. No more trades. Learnt that one such good trade is enough to meet weekly target, so cut your losses. Improvement: $MU, take a moment to think before entering, sometimes even exiting imm may cause big loss due to slippage/spread. -
Triwolf09 joined the community
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Wednesday June 19th, 2019 Sleep: 7.5 hours. Mood: good, ready to trade. practicing emotional acceptance of real loss. first trade of the day was an ORBU in $X. I'm finding that i'm frozen by fear when i'm seeing good positions to get in to. i wanted to take X long right at the start of the second 5min candle but i froze and couldn't pull the trigger. then i wanted to get in on a pullback but i couldn't bring myself to pull the trigger on a full size so i did half size. then added the other half at the break of HOTD. This moved my entry to 15.38 and I needed to get to 15.68 for 3R. it came two cents from my target the first time and i held all for an hour until it hit my PT that was also the high of the day but i didn't get filled. then it made a shooting star on the 5min and i got out at 2.2R the candle after. i'm all for staying in my trades until my profit but i did not like at all how it broke the HOTD then ended lower. happy with my decision to get out. GOOD: took a winning trade! RFI: had i took my full position at the first two times i wanted to enter i would have had 3R without any trouble. MOOD: good. CONSISTENT: yes. though i should have got out right at $15.67 or $15.65 when i was i didn't get filled. no point in penny pinching. What i did good today: took a good setup and actually took the trade even though i needed to scale in. What i did bad today: fear on my entries. What can i do better tomorrow: take the dang trade. work on fear of entering trades. i'm not going to reduce share size yet but i might if it helps me get over my fear.
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Mark Guldag joined the community
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Ross Meadows joined the community
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Rob C's Trading Journal - starting Feb 1 2019
Rob C replied to Rob C's topic in Day Trading Journals
Wednesday 6/19/2019 I had a well-being score of 7.5/10 this morning. My nerves were OK. Looking forward spending a day with my family today while everyone else is working J I took two live trades with FB. But, first an update on Centerpoint. I spoke to them and the BBT deal (.35min, .005 for com+ECN) limits the routes to CPGO. They said that it is not a fast route and is used for lower price. But, since I trade so close to the open it’s been difficult with the slow fills. Centerpoint said I will have to drop the BBT deal on my account if I want to use a faster route, it will cost me (0.95c min comm with 0.0032 ECN). Which makes IB look better. Both FB and AMD were both setting up for an 1min ORB but I didn’t take either. I even watch the video of my trade and not sure why I didn’t take one. Both dropped fast right at the break of the 1min candle so I might have felt like I was chasing. Instead I took the 2min ORB on FB but with a tight stop at $165. Even with the tight stop I exited early. I then went short on a 3min ORB on FB and I took a wider stop (VWAP) with a target of the 184.45 with a nice R/R~3. I took my first partial way too early from nerves since I was just stopped out a minute before on the same trade. I took two more parials the second one I got a bad fill. Then FB made a bullish hammer and I exited the rest of my shares on the new 1min high. My score card for today: What I did good today: Was able to get back into a trade after a stop out. 50% win rate and still green. How did I challenge myself today? Stuck to two trades today, though with the early S/O I was allowed to take a third. What I did bad today: That first partial was terrible. What can I do better tomorrow: Figure out what to do with Centerpoint. -
Bethany Freel joined the community
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See you there! Lemongrass in Martinez, Friday, 6/21 at noon for lunch https://goo.gl/maps/ttPYLFrxZsREcyX48
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IT'S ON!!! Got the gears for our picture on Friday! Thanks to @Ryan W Looking forward to see you all! Thanks! ----------------------------------------------------- Fin prêt pour vendredi! Merci à @Ryan W pour les chandails et casquettes. Au plaisir de finalement vous rencontrer! Karl
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IT'S ON!!! Got the gears for our picture on Friday! Thanks to @Ryan W Looking forward to see you all! Thanks! Karl
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Vikramaditya Trading Journal - Live 08Apr2019
Rob C replied to IamKarthi's topic in Day Trading Journals
Your NVDA trade was amazing and your final exit was right on the mark. -
Vikramaditya Trading Journal - Live 08Apr2019
IamKarthi replied to IamKarthi's topic in Day Trading Journals
18.Jun.19 - DASTrader - BT I was watching Premarket and $BYND was ripping. At price $189 I thought price will definitely touch $200. And it did within 15min. But stick to my rules of not trading in the premarket. Did not chase $BYND at the open. Proud of that. I had $SNAP, $TIGR, $AMD, $MU and $FB on the watchlist. Trade 1: $TIGR Looked strong daily above 20ma. Took the conventional 1min ORB Long at the open. Price didn't move much. I got out and price dumped immediately. Good read. I can't flip my position quickly, so just let it go, price dumped 60c. Trade 2,3&4: $SNAP. Daily looked strong. Opened very strong, I went long at the VWAP pullback, was so confident about this setup, I didn't set any Stoploss. 1min chopped a bit and I got out (before my stop, if there was one). Again twice got in and out due to 1min chop. Finally the price took off without me for a 70c move. Trade 5: $NVDA. Took $NVDA as it bounced off all MAs and VWAP on 1min (Harmonious setup). Took it long. Took an early partial (may be due to 4 failed trades), then let it ride till 5RR (at HOD). It is also 10min ORB. Trade 6: $NFLX. I liked $NFLX for long today (& yesterday). Took it long at break of HOD, got stopped out. Trade 7,8,9&10:$MU. I called out $MU at the premarket. It formed a double bottom on Daily and was looking to go up. I missed the open. it was similar to $NVDA above. I waited for the pullback to MA, before taking Long for Trend trading. I took long, once again, didn't define my Stoploss, got out. Happened 3 times, before finally the price shot up on the 4th trade. I put in a range order fpr 20% sharesize, price didn't go to my target, I got stopped out (my target was too high). Good: No premarket trading, Respect my rules. Pround of my 2 Green trades on $NVDA and $MU, despite having a rough day today. Improvement: Had very high FOMO at the open, probably impacted my trading a lot today. No stoploss - I have read about the exact same thing in Tradinginthezone. I was so confident about my trading and the setup being right, I just forgot to put a stoploss. I could have traded the usual stocks $MU, $AMD, $FB and had good moves too. But I was looking for a lowpriced stock, hence took $SNAP and $TIGR. Conventional ORBs are not working. Bit of Overtrading today(may be Revenge trading too on $MU), when things don't go well, this happens. But stopped at noon and didn't trade again. -
Price Marker - High of Day & Low of Day
csxilin replied to Monk's topic in DAS Trader Pro Tips and Tricks
Have you set the thickness of the line to be 2+? At least that was my issue. it was there, it's just that I was not able to see it lol - Last week
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Hello Just subscribed to DAS trader yesterday and was testing it on my PC, as well as my MacBook It seems that no one had tried using WineBottler (http://winebottler.kronenberg.org/) to install DAS Trader on their MacOS. WineBottler creates a container for Windows Application to be run like a MacOS application. I just installed it, I have not fully tested it, hope it'll work smoothly.
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Show us your set-up!
robenson.alisme@gmail.com replied to Jason H.'s topic in Day Trading Hardware, Software and Tools
Looks Pretty cool! -
Thanks! I need to print this out and underline the ones that are my problems.
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Show us your set-up!
nikdobri replied to Jason H.'s topic in Day Trading Hardware, Software and Tools
paint keyboard hotkeys I saw my daughter painting with these acrylic paint markers and decided to try a trick. Cheap MSFT keyboard. Decided to not paint on top of keys so it does not annoy me when I touch the keys. I uses SHIFT as the main auxiliary key for all. I enter a position as a % of BP. My hotkeys to exit a position use SHIFT only to remove liquidity and CTRL+SHIFT to add liquidity. -
thanks Rob
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Through a lot of trial and error; a lot of testing and refinement; I have finalize my hotkeys layout. The goal has always been to design a layout that take a strong consideration into the placement of your fingers and how it will affect the execution of the trade once those fingers are moving fast all over the keyboard. As a bonus, because of the ergonomic of the design I find that memorizing the key action just come a little more natural and things just seem to make logical sense. In all, it took me a month to come up with this final design. I am proud of this this layout and I like to share it with the community. I hope that you find this useful. For myself, this has been extremely useful. Enjoy! You can get my hotkeys script from this links: https://drive.google.com/file/d/1RK7eLPxC95uXC0O5MjqPHpyVnbm_rPw2/view?usp=sharing
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Hi Guys, I am trying to avoid FB. But please count me in. I am coming. Thanks again for organizing this meetup.
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The Day Trading Reality Checklist discussed in this YouTube video. Download link: Checklist.pdf
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Tuesday June 18th, 2019 Sleep: 7 hours. Mood: feeling a little fear from yesterday's max loss but i'm focusing on each trade as independent of the next one. i feel pretty good. Almost took the engulfing crack in AMD but i was waiting for a pullback which i never got. watched it climb over a dollar from where i wanted to get in to the trade. pretty much just building FOMO until i finally tried a double top that didn't work at all. GOOD: got out at stop RFI: bad trade. went short right in to a MA MOOD: disappointed CONSISTENT: not a great setup but i stuck to my plan last trade of the day was a double bottom in BYND. i liked how it was holding the 200 MA on the 5min chart and the volume of the new 5min high at 10:20. got in long on a new 2min high after waiting for a pullback. got stopped out about 10 minutes later. the trade may end up working out after i got stopped out. went over my stop by about 60 cents. before reversing in my direction. GOOD: setup made sense, waited for an entry RFI: could have waited for an MA cross on the 2min before jumping in MOOD: feel pretty numb about it which i think is good. i'm not angry about getting stopped out. CONSISTENT: yes, followed my plan What i did good today: took only setups and didn't chase AMD. What i did bad today: setups weren't that great. missed a really good setup in AMD. What can i do better tomorrow: Take better setups.
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IB (Interactive Brokers) - Margin Requirement checker
ryan_pdt posted a topic in Day Trading Brokers
Hey Guys, I had an issue with my $ARRY trade yesterday wherein DAS says it's 25% marginable SHORT and or LONG, which means I can use 4:1 buying power. But When I entered the trade, my order failed and it did not let me use my Buying Power. I am now few seconds late to my trade so I missed the great downward move (SHORT) and chased the stock without using my Buying Power. This happened to me with $UBER and some stocks that also requires 100% margin. I found this IB website that you can use to check what's the margin percentage requirement of a stock. https://contract.ibkr.info I hope you find this useful. Cheers, Ryan (ryan_pdt) @Robert H and @PeterD. I know you guys are using IB too. -
Several folks have PMed me asking for my the hotkey file I use with my StreamDeck. I've attached it below. I've organized it logically so there is a single, sequential key set so if my StreamDeck crashes it's not hard to know what combinations to press. I have incremental buy at ask +-.05 and short @ bid+- .05 from 100 to 10000 shares. To use it change the extension from .txt to .htk (the forum doesn't allow .zip or .htk file types...) Hotkey.txt
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What do you look for in a Trading Chat Room?
JD replied to Thor's topic in Day Trading Hardware, Software and Tools
I really like this idea, maybe if Andrew can replay some of his live trades and provide commentary on what he is looking at in the price action, level 2 and T&S while looking for the setup.
