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Members Introductions & Meetups

Know each other and plan in-person meetings.

167 topics in this forum

  1. San Diego Meetup

    By Andrya,   
    • 12 replies
    • 2,282 views

  2. Toronto Meetup Aug 16 1 2 3

    By Brian Pez,
    • 32 replies
    • 4,405 views

  3. How to anchor 1 min and 5 min charts together?

    By woodman66,
    • 1 reply
    • 631 views

  4. coaching

    By Jared Barber,
    • 0 replies
    • 609 views

  5. BBT Intro

    By [email protected],
    • 0 replies
    • 464 views

  6. New Trader seeking advice 1 2

    By leilij,
    • 15 replies
    • 3,018 views

  7. Quebec traders

    By Patmartel27,
    • 3 replies
    • 1,315 views

  8. BC Interior and Alberta Rockies Meetup June 26/27 1 2 3

    By Andrew Aziz,
    • 35 replies
    • 5,740 views

  9. New to the community!

    By Zani,
    • 8 replies
    • 1,447 views

  10. Looking for Europeans

    By Dieter,
    • 1 reply
    • 624 views

  11. New Trader starting out!

    By alexander shanks,
    • 4 replies
    • 1,025 views

  12. Newport Beach, CA would love to meet up

    By annealden,
    • 1 reply
    • 673 views

  13. Calling all Aussies!

    By Justin T,   
    • 5 replies
    • 1,088 views

  14. Portland, OR Members Facebook group

    By justinstrommer9,
    • 2 replies
    • 999 views

  15. Beginners Group

    By Koonu007,   
    • 6 replies
    • 1,639 views

  • RECENT POSTS

    • GoldWTcal
      Moving averages on 60 minutes, 30 minutes, and 15 minutes charts

      By GoldWTcal · Posted

      Thanks, Peter.
    • paqueuc
      Defined Risk Hotkeys for multiple range orders

      By paqueuc · Posted

      You're right. On paper only as BP decreases when volatility increases. In March 20, I got a margin call, so I understood it very well. Today, I'm focusing on risk per trade only. 6X is just a confortable margin to forget that you have a BP to deal with (under "normal market cconditions", we do agree).  PCT just reminds me that this detail also exists and it is fine. I quite agree with you regarding the goal of PCT, I'm here for this exact reason : process and consistency. I'm not looking for a seat at the end of the bootcamp and I don't care if I reach the 10K goal or not. I just want to be consistently profitable at the end of the bootcamp as I'm currently in the breakeven zone since 2 years now.  
    • peterB
      Defined Risk Hotkeys for multiple range orders

      By peterB · Posted

      in IB you have 6X BP just on paper as margin requirements apply. you will never be able to utilize the full BP for all stocks and especially for short positions so these limits exist everywhere and we need to learn to live with them. the goal of PCT camp is to show consistency and process, not big numbers
    • paqueuc
      Defined Risk Hotkeys for multiple range orders

      By paqueuc · Posted

      Yes  @peterB. I do agree. Honnestly, I don't care about the profit target. The rules are clear. I just want to learn and improve. The starting point was that 1% risk / trade commonly seemed to be an acceptable ratio in the real life. As I'm growing, I'm more willing to take less and less risk, even in my real trades. Currently, I'm thinking about 0.5 to .8% / trade. And here at PCT, I was thinking even lower, around 0.3% ($300) just to be able to make a lot of errors and progress. Now, the Buying Power comes in to play in PCT and I didn't see it (That is the reason of my question). In IB, I currently have around  a 6X buying power. It never restricted me to have 2 or 3, 1% risk trades on at the same time, so I didn't think of this detail anymore.  
    • peterB
      Defined Risk Hotkeys for multiple range orders

      By peterB · Posted

      just lower your risk and you are gonna be fine with 100k BP you have 2 months to reach the profit target
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