I would much appreciate if you could help creating a DAS hotkey for options trading? I'd want to buy a contract with the size based on criteria;
- contract size: limited with a defined buying power ($2000)
- Price entry: mid price
- Attached a market stoploss: 85% of average cost
Thank you so much for your help.
I have the equalized risk entry hotkeys, I can't make the short key working. I double click on the chart on the price I want it to stop but the order doesnt get fill, I get this message instead
Here is the script StopPrice=Price+0;DefShare=BP*0.925;Price=Price-Bid+0.00;SShare=50/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
I took it from the video on youtube :
Anyone knows how to fix it?
EDIT: I just saw that it was reject since my buying power is not strong enough
The standard advise is to use a simulator to test a bunch of strategies for a month / or test 1 strategy 20-30x. To find out if the strategy suits your personality and it 'feels' easy to execute and you just execute automatically when the criteria are met. Log, evaluate, fine tune. All good stuff.
However, half the battle is choosing the right stock for a strategy - with scanners in a live account , that can be done, I guess even just attend BBT chat room.
I'd like to get through 5-10 trades on the simulator per day but the simulator is based on history - a scanner won't help here as it is only live data [i think...]. How do we find suitable stocks to use with old pricing for simulator training?