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Hey Brian and any Swingers out there If pre-market action and no bad news for tomorrow morning looks fair enough, looking to enter SQ at about $58.75 with a price target range ride up to $67-70, and ROKU enter under $34 if possible and ride it out to about $40.00 target. I have pretty ample stop losses on these swing trades ($SQ at -$2.00 stop loss, and ROKU about -$1.00 for the first day of the trades) and can allow them to run to about Feb 10 or so if necessary. Looking for Monday to be a bulls in charge day to kick these off otherwise I'll have to bail. I'll be of course looking for signs of weakness/strength in the morning. I've been trading these two stocks the last couple months and while they can be very volatile, I think now is the time possibly that they can run for me enough to secure a good start to a pretty long swing trade. We will see what happens. I'll need to pay attention to earnings reports coming up, china situation, trumps mouth LOL, and overall market conditions. SQ tends to go south when it drops in a session below $2 bucks, ROKU the same when drops down a buck. The risk to reward is very good if the market rally's for me over the next two weeks. Could be a gap up to deal with premarket, or who knows, gap down, prefer a gap down. If all fails, I will bail at the stop losses and look to remount perhaps at some point. Any thoughts or suggestions welcome! - Steve Burke UPDATE: RESULTS OF THE ROKU TRADE CHARTED BELOW, PLAN WENT EXTREMELY WELL! SQ trade also went well, but this ROKU trade was insane! The below marked up results chart should explain it all. I took some time to add as much detail as possible...

Since your hotkeys use BP %, default Share won't affect you. AON means 'All or None.' This means you intend to get the order filled completely and no partial. You rather have the order skipped when it can't be filled entirely. ANY means you don't care if the whole order is filled and partial is OK. I use ANY. Route should be SMRTL if you're with IB. Not sure what the other brokers default route is.

With the help of Raymond W, we’ve been able to define a single hotkey for flipping an open position: Simulator: ROUTE=MARKET;Share=Pos*2;TIF=DAY+;SEND=REVERSE Interactive Brokers: ROUTE=SMRTM;Share=Pos*2;TIF=DAY+;SEND=REVERSE Note that this hotkey will send a market order.

Also, when your montage is selected, whether you select it by clicking on the montage, double clicking the chart linked to it, or having a hotkey, for me at least, it automatically selects the montage AS WELL AS highlights the ticker symbol field within the montage. So lets say I am in a position, ready to get out, select my montage, but then accidentally press some random key, it will change the ticker symbol and when i try to place a trade, a notification message comes up. . . "This order will be placed for symbol "AAA" (whatever your chart is on), but currently symbol "?" is entered in the symbol text box. Continue?" So its great that DAS is trying to do the right thing, but in the heat of the moment, and especially if you have never seen this message and unaware of exactly what happened it can be a big distraction at the perfectly wrong time. Hope this saves anyone from the fate it caused me first time I experienced it.

Great catch, Martin! I updated the original post with the corrected script: ROUTE=SMRTL;Share=Pos*2;Price=Ask+.05;TIF=DAY+;BUY=Send

They’ve got it right, but I’ll add a little to it as I was speaking with DAS today about this. If you change the global order configuration (setup menu, order template), you have to make sure to check the “use global” box when you right click the montage and go to order template. Either way you do it, if you have an account chosen in the order template, it will always default to that account when you click a symbol, assuming you have the account set for the exchange on which that symbol is traded. So if you set the default as your U account from IB, then you change it in the montage to trade your demo account, it will switch back to the U account (the default) when you click another symbol. To avoid this, don’t choose an account in the template. Leave it blank. When you choose it in the montage, it will stay that way until you change it again in the montage.

Toan, try changing the Global Default Order Configuration: Go to Setup > Order Templates For Q---Nasdaq, change Account in drop down Hit Apply For N---NYSE, change Account in drop down Hit "Apply to all exchanges" Hit "Apply" If that still doesn't work, for each Montage: Right-click the order entry area > Order Template Check Use Global Default