A club for Texas BBT members to get together

Hi Everyone, I know this is an old topic. However, I am trying to understand the implications of conducting daily trading as a corporation in Canada. Do I need to register an IBKR Business account, and does this require me to subscribe to DAS as a professional user? Or can I keep my IBKR individual account if my Business is solely for this purpose (it is still registered as a corporation)? Thanks.  

update on my tradebook. It's coming together.  i have a notebook. like from high school. i write in this everyday. I open to a new page in the morning and write the date across the top of the pages.  then i just write throughout the morning during trading. i write anything and everything. i make notes about RULES to add to myself. My notebook goes from January 13th to now. i went through the whole notebook and made a list of all the notes i put a ⭐ star, highlighted or put an * asterisk next to it. here is the raw list: i copy and pasted the raw data into Grok and it gave this back to me: General Trading Mindset Patience is key: Treat trading like fishing—wait for the right setup, don’t force trades. If you miss an opportunity, let it go and look for the next one. Slow down: Especially on Mondays or after a 3-day weekend. Start in simulation (SIM) mode to ease in. Trend alignment: Trade with the trend, not against it—“the trend is your friend.” Risk Management Daily risk limits: Never risk more than 2% of your account per day ($100 on a $5K account) or 1% per trade ($50 on a $5K account). Phil’s key risk: Cap risk at $45 per trade when using this strategy. Loss streak rule: After 3 losses in a row totaling under $60, take a fourth trade; otherwise, pause. Trade Setup and Entry Indicator confirmation: Look for 5 out of 6 indicators to align before entering a trade. Wyckoff phase awareness: Assess the current market phase (accumulation, markup, distribution, markdown). Retest probability: Wait for a retest after a move—70% likelihood (per Avi). Multiple time frames: Use higher time frames (30-minute and above) for confirmation. Position sizing: Take smaller sizes for B+ setups, aiming for a 3R (3:1 reward-to-risk) target. Trade Management Hands-off approach: After entry, let the trade play out—don’t interfere unless adjusting the stop to breakeven (B/E) after hitting 3R. Phil’s key adjustment: Move stop to B/E after hitting the first target. Profit target: Aim for 80% of the Average True Range (ATR) as the target. Predefined exit: Know your exit strategy before entering the trade. 3R prerequisite: Hit a 3R trade before attempting a Phil trade. Specific Scenarios Earnings week: Learn how to trade stocks during earnings periods (implies higher volatility—study this separately). Monday caution: Go slow, especially after long weekends, and start with SIM trading.  

i'm working on my tradebook today. i was also looking for examples. there's another post i found: building a tradebook i will post my tradebook here when i get something complete. right now, i have notes on paper. 

I'm Brent in western North Carolina. I'm a day trader, IT MSP Owner/Operator, motorcycle instructor at the BMW US Rider Academy, former Network Engineer / IT Manager for Michelin/Windstream/Amazon, husband, and father of a 16 month old daughter. I have been trading since 2004. I have been day trading options and stocks seriously for 9 months using BBT books. I am here to learn and improve. My motto is freedom over money and I'm aiming to generate enough income to essentially retire by 45 years old. Looking forward to this! Thank you all!

hello @bjaffry, that scripts achieve several targets in the process : Deletes all orders for the ticker. Opens a new limit order for 30% of the position @ bid-0.05 (DAY+) Opens a new market stoploss order for the position @ avg price (GTC) I'd check 3 things : Share = Post-share >> are you sure that calculation is right ? TIF ... double check if you need to make them both "DAY" or "GTC". Mouse or focus position. Check if you need to click in your chart before pressing the hotkey.