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    • Could someone help me set this script to “risk 1R to make 1.25R”  so either I lose 1R or profit 1.25R?  thx in advance.   Short   CXL ALLSYMB; $buyprice=Bid; $risk=69; $mystop=price; $pricetostop=$mystop-$buyprice; $target=Bid-$pricetostop-$pricetostop-$pricetostop; $amount=$risk/$pricetostop; ROUND2; StopPrice=$mystop; SShare=$amount; Share=$amount; TogSShare; ROUTE=LIMIT; Price=$buyprice; TIF=DAY+; SELL=Send; TriggerOrder=RT:STOP STOPTYPE:RANGEMKT LowPrice:$target HighPrice:$mystop ACT:BUY QTY:POS TIF:DAY+;   Long   CXL ALLSYMB; $buyprice=Ask; $risk=69; $mystop=price; $pricetostop=$buyprice-$mystop; $target=3*$pricetostop+Ask; $amount=$risk/$pricetostop; StopPrice=$mystop; StopPrice=ROUND2; SShare=$amount; Share=$amount; TogSShare; ROUTE=LIMIT; Price=$buyprice; Price=ROUND2; TIF=DAY+; BUY=Send; TriggerOrder=RT:STOP STOPTYPE:RANGEMKT LowPrice:$mystop HighPrice:$target ACT:SELL QTY:POS TIF:DAY+;
    • 📉+$573 AMD Stopped Out! Camarailla Pivot Range Trading!🚀 Trade Date: 6/26/24 AMD, a fine example of a NOT in play chop stock. Was looking for a quick pop to R2 but there was a clear rejection and stopped out at a loss. *Near open first trades of the day can be 50/50 since erratic whipsaws cause stops to be triggered, I use smaller size. Soon realized the Market Makers may be doing Cam Pivots (also pinball between daily MAs), went long at the hold S1, partialed on the way up to the MAs, VWAP, and R1. QQQ was breaking HOD and I repeated Cam Pivot range trading. We failed to break strong PDC resistance towards order book liquidity @ $161 and exited fully on the last attempt. I try to avoid this type of trading as it is usually controlled by MM algos. Do not fight the algos and look for the pivots in the range if you expect to survive. #AMD #CamaraillaPivot #RangeTrading #Chop #Algo
    • 📉+$637 Trade Recap: MU Breakout from VWAP/Previous Day Close/S2 Pivot🚀 Trade Date: 6/25/24 MU was holding above Previous Day Low/S3 support level. Once we broke above the 1-Min 9/20 trend lines and S3, a signature large bullish candle formed, I entered just above VWAP at S2/PDC. Targets were S1, since that held, my final target was a VERY extended R1 and my instinct told me to exit fully. Classic VWAP breakout holding above trend and camarilla supports. #MU #MICRON #VWAPBreakout #CamarillaPivots #PDCBreakout
    • Anyone know of a commission free broker that has an API to do algo trading? -Interactive Brokers free commission tier does not give you API access. -I've used the DAS CMD API and am familiar with it - it works well. Problem is which broker can you use DAS with that it commission free? I just tried Charles Schwab because DAS just got support for Schwab - but Schwab advertises as commission free, and *technically* they are but they will sneakily charge you a .005/share exchange fee... so that adds up quickly. Doesn't matter if it's not technically commission going to Schwab, it's still money I'm getting charged so Schwab is a no-go. -Tradestation I can personally verify IS actually commission free and does give you an API... but the problem with Tradestation is that if your algo relies on flipping positions (like mine does), tradestation does not let you flip in one transaction - for example, if you're short 100 shares, and want to flip to long 100, in DAS you can put in a single buy 200 order and it'll flip - in tradestation, you need to enter a cover 100 order OSO (order sends order) buy 100 order, meaning that once the first order is filled it automatically sends the next order. This takes like half a second extra and results in worse fills. -I looked at alpaca.markets, did not personally try but reached out to them, and they adverstise commission free but I can't flip positions there like in DAS - they said they make you do a cover followed by buy order to flip Another consideration is that I prefer to use DAS because with DAS I get a time and sales feed via the CMD API that I can use to run my algo on - other platforms like tradestation don't actually provide the market data I need to run the algo, so I need to tie in with a 3rd party provider like polygon.io for the real time market data and time and sales feed. Polygon.io is great actually, I have very positive things to say about them it's just another $200 monthly cost for their real time data which I'd rather get through DAS... So anyone have any broker suggestions for trading via algo? Ideally commission free and they allow me to flip positions with a single order!
    • 📉+$665 Trade Recap: AMD stopped out ORB but success Extreme Cam Reversal, AAPL HOD Break to Camarilla Pivot, MU 9/20🚀   Trade Date: 6/24/24   AMD - Saw a bottom hold of S2 forming and went for the break of S2 however I got chopped up and stopped out below S3 with a loss. This can be normal price action for open trading AMD. Nice wicks formed just below S3, went long for break of S3 and a target of S2 and S1. Stopped out 1st trade and once I felt direction, went heavier on 2nd entry attempt.   AAPL - Nice bounce off PDL, close above VWAP, grind above PDC. Went long at the break of the 20EMA 1-Min for HOD break to S2, partialed on the way up and exiting fully. Clean simple trade.   MU - QQQ was at a daily level right when MU tested PDC. I went long for a 9/20 trade. This was my last trade of the day and I partialed a little early in between the 1-Min 9/20 EMA towards R1. To maximize gains, it's best practice to leave a little on unless there is a sign to exit fully. There was no huge pullback signal.   #AMD #AAPL #APPLE #MU #MICRON #ORB #Camarilla #HODBreak #Reversal #NineTwenty  
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