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  • RECENT POSTS

    • Most likely that would work for me as well. Thanks for keeping after it, keep us posted!
    • Just doing a recount on how many might be interested for a meetup on 12/1? Been hard to get a good group together since we are all so spread out.
    • Thank you Kyle! I changed the montage to add 0.01 to short but nothing so far. I also changed my hot button to what you recommended:

      ROUTE=LIMIT;Price=Bid-0.05;Share=BP*0.25 ;TIF=DAY+;HANDINST=ANY;SSHARE=0 ;SELL=Send; StopPrice=last*1.01; TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice STOPPRICE:StopPrice QTY:Pos TIF:DAY+ ACT:BUY; but then i get this msg:

      Send_Rej Shrt 14 SQ 64.06 --SMAT--12:26:18--Short marketable limit order disabled due to SSR!
      order send pending!

      but my order wont show up on "Orders"

      not sure what else I could try. 
    • First, check this setting: Montage --> Right Click the area you set the price/etc and select "Trader Settings" --> In the upper left portion, check the box that says "Add 0.01$ to Short Price on down arrow." With that unchecked, if I had to guess, the STOP order maybe beating the initial order because the initial order isn't getting accepted. I'd recommend using a trigger order which only goes in once the initial order is fulfilled. This way you can use the Share=Pos on the stop portion and get an exact position size for that. For examples, check out the spreadsheet here for more ideas:  Yours would be: ROUTE=LIMIT;Price=Bid-0.05;Share=BP*0.25 ;TIF=DAY+;HANDINST=ANY;SSHARE=0 ;SELL=Send; StopPrice=last*1.01; TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice STOPPRICE:StopPrice QTY:Pos TIF:DAY+ ACT:BUY;
    • Added a BETA version incorporating Robert H's request for a stop order to be sent with the initial order. If anyone wants to play with this and make sure it's doing what it's supposed to do, please post back. This will likely be the version I make a how-to video on, so if a few people say this is working correctly, I can get that done. Full notes are in the original post under "UPDATES" section.   From a prior post, additional hotkeys for modifying the stop-orders. IMPORTANT: If you use a physical stop order you *must* update the position size when you scale in or out, otherwise the order will flip your position. If anyone knows how to prevent that with a command (e.g. only sell/cover to zero position), please let me know.  STOP ORDER MODIFIERS: - On "Orders" window (shows pending orders not fulfilled, the stop will be here), double-click the STOP and it'll load into the MONTAGE
      - Execute a hotkey with the following command Update Existing Stop Order with New Position (e.g. to be done after a scale out): Share=Pos;Replace;   Change Stop Position to New Price + Update Position Size (if changed): In This Order:
      - Orders Window --> Double Click Stop
      - Double Click area on chart you want to set the stop price to (or type it into the price field)
      - Execute the hotkey with this command: Share=Pos;StopPrice=Price;Replace;  
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