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Day Trading Brokers

Discussion and questions about brokers.

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  1. New Route for CMEG

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  2. IB Minimum Balance?

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  3. IB Margin settings?

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  4. Multiple IB accounts

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  5. Spread betting in DAS

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  6. Help out an Irish noob!!

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  7. Looking for broker in EU

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  8. IB Market subscription ?

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  9. IB low float issues

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  • RECENT POSTS

    • Hey everyone, I need some help with a fixed risk hotkey I’m using in DAS. My goal is: Risk a fixed dollar amount (e.g., $100). Buy (or short) the maximum number of shares based on: My stop loss (selected by double‑clicking on the chart). My available buying power. Here’s the hotkey I’m currently using for long entries: StopPrice=Price-0; DefShare=BP*0.925; Price=Ask-Price+0.00; SShare=98/Price; Share=DefShare-SShare; DefShare=DefShare+SShare; SShare=Share; SShare=DefShare-SShare; Share=0.5*SShare; TogSShare; ROUTE=SMRTL; Price=Ask+0.05; TIF=DAY+; BUY=Send; DefShare=200; TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+ and for Short: StopPrice=Price+0;  DefShare=BP*0.925;  Price=Price-Bid+0.00;  SShare=98/Price;  Share=DefShare-SShare;  DefShare=DefShare+SShare;  SShare=Share;  SShare=DefShare-SShare;  Share=0.5*SShare;  TogSShare;  ROUTE=SMRTL;  Price=Bid-0.05;  TIF=DAY+;  SELL=Send;  DefShare=200;  TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+   The Problem When my stop is very tight (usually less than $1 away from entry), DAS calculates the wrong share size. Current Example (short trade): Buying Power: $40,000 Entry: $320.33 Stop: $321.13 (double‑clicked) Risk: $0.80 per share Risk I want: $100 Shares DAS actually bought: 71 Math check: 71 shares × $320.33 = $22,743 (almost half of my BP) 71 shares × $0.80 = $56.8 risk Should have been closer to 100 shares (to risk ~$100) So instead of hitting my defined risk, DAS under‑allocates shares when the stop is tight. What I Need Help With I’m looking for a clean hotkey script that: Risks a fixed dollar amount (e.g., $100). Correctly sizes the position based on the distance to my stop (no matter how tight). Respects available buying power. Has anyone solved this issue or can help me rewrite the script correctly? Thanks in advance!
    • I have reviewed the recorded GreenTraderTax webinar from 2019 and have hada consult with one of their CPAs as well. I would like to form a new entity (S-Corp) in Georgia and was wondering if anyone could recommend an attorney or company that could help with this in Georgia, USA. GreenTraderTax do not offer entity forming services anymore. I could use LegalZoom, but would prefer someone trustworthy who  could wall me through the process. Thanks!
    • ROUND2 is old syntax to be used like PRICE=ROUND2 to round the PRICE field on the montage. With advanced hotkeys you should use the round() function eg.   $mystop = ROUND(avgcost,2); for more info go here
    • the syntax is just wrong. you got chatgpt into hallucination mode which happens quite often - it gives you information made up which does not exist for hotkeys go here
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