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Hi Guys, I wanted to share a hotkey command / script I got from @Robert H that I find very useful. Let me tell you a short story about my frustrations in covering a position. There were times that I'm in a stock just right at the open and it shoots super fast and in favor of my direction. Ofcourse your initial reaction is in shock for few milliseconds. And Instead of covering my LONG/SHORT position, I always end up adding half or full at your target. Imagine how stressful that was! So I've always been curious if there's a magic hotkey to cover either a LONG or SHORT position without worrying which side you are in. And believe or not, @Robert H has the answer! Not sure if some of the guys in our BBT forum has this command already but Let me share it anyways and see if we can tweak it for our favor. ROUTE=SMRTM;Share=Pos*0.5;TIF=DAY+;SEND=REVERSE (for half position Long/Short) ROUTE=SMRTM;Share=Pos;TIF=DAY+;SEND=REVERSE (for full position Long/Short) The only issue I think with this I guess is, it's set as Market order. Meaning, you can get filled at any price (blank cheque) and this is bad if you are trading non liquid stocks or stocks that has huge spreads. This is probably only suitable for smaller trade sizes or with liquid stocks that has tight spreads. If someone has an idea to convert this into a LIMIT order to Hit the Ask when you're LONG and Hit the Bid when you're SHORT that would be great! Hope you find this hotkey useful somehow. Cheers, Ryan (ryan_pdt)

07.Jun.19 - DASTrader - Best Trader After finding no favorable setup on my watchlist, I started checking other stocks and found $FB. Trade 1: $FB - Green, I traded this to Long, Price popped up, pulled back but bounced off the 9MA 3 times, I went long on the 4th candle. Price dropped to VWAP and I added. Partialled at 2:1 and 3:1. Very happy with this trade, though I didn't do it Live. Due to the high priced stock, I couldn't take large position. Entry - 170.9, Stop - 50c, Exit - 1.5RR (171.6), 3RR (172.63), 4RR(173). Was worried about price forming Double top at $171.6 and reversing, but $FB was strong. It was a good trade. MFE price - 174 (5RR). Almost perfect trade. Trade 3: Red. Took another Reversal on $FB that failed. Took short below MA cross that din't work. It's not my favorite setup. Trade 2: Red. I had $ZM on watchlist too. It was just below $20M float, Traded like a lowfloat. I never trade LF, but took this one, because the price action was nice, HH on 15min. Big MISTAKE. After moving up, the price dumped suddenly I gave it a 1$ stop that kicked in. Got stopped out. Nice setup, Wrong stock. Trade 4: $AMD Green. 30min before the close $AMD had a perfect shooting star setup on 5min. Took it short and profited at 2:1 (no partials). Good: Focusing only on consistency and trading only setups. Didn't take LF stocks to make great gains, but trading only midcaps and focusing on being consistent. Didn't over trade, just 4 Trades. Improvement: I lost my 2R profit of FB on $ZM against 1R loss. This is bad. I gotta reduce the share size, if the stop is large. I don't trade near the close, but $AMD setup was perfect and it worked out. Gotta rethink the strategy for taking MA cross reversals. Need to make large gains next week.

06.Jun.19 - DASTrader - BT I did my Live trade today. After that switched to my Best trader account. Jumped into CIEN after seeing the 5min candle breakout. ABCD pattern forming on 2 min. I saw 2 candles with lower wick (sort of bouncing off MA) and then price moving up. So I took it long. Bad spread and slippage, I was alrady down when I entered. Price turned against me. I felt nervous about the price action, but I didn't exit. The next candle pulled up and formed the 3C setup. So I remained. Took some early partial to book some profit. Final one at 2:1thru Range order. Good: Hardly any. May be I was able to recognize the setup even under pressure of losing money and price going against me. Improvement: I immediately jumped into this trade. Need to wait for the setup, instead of riding on momentum. Almost Perfect Trade. Entry - 43.55, Stop - 75c, Exit - 1RR, MFE price - 2RR Trade 2: i took a small trade on $AMD after noticing the 15min 3C setup. Usually it doesn't work because of huge Risk (bigger 15min candle) and Price don't move that much after Open, action moves to Reversal. $AMD was strong, so I took a micro size in it. Price moved up, but I bailed out.

Without testing it myself, I believe the issue is that the AvgCost variable doesn't have any value to it until the initial order fills. In market time, your Hotkey is sending an entry order and the stop order at basically the same time. To test this, you could set the StopPrice = AvgCost-0.10 portion to StopPrice=Ask-0.10, since Ask/Bid variables are always populated by the data feed. You're better off using a Trigger Order for the stop which only executes after the initial entry order fills (and thus, provides an AvgCost value). For an example on how to do that you can check out the other Hotkey thread that spun off this one as it has a few Trigger Orders to build from. With that said, I would not recommend doing an auto stop at a set distance below your entry. Every stock is different and a .10 stop maybe fine for one, but incredibly tight for another (where you basically get instantly stopped). It also prevents you from accurately tracking your risk. The other thread as the versions to do the stop calculation by double-clicking the chart.

My trade setup. Simple and effective. JK

Robert is correct. Jason, here's what you do. Log in to the IB Acct Management page. Go to Statements. To the right, you'll see Create Custom Statement. Click that. On the next page, give the statement a name (maybe Commissions and Fees). Under "period," choose Daily. Then, in the "sections" at the bottom, click Commission Details. A check will appear showing you've selected that one. It is the only one you need to select. Next, mark any of the "Section Configurations" you want. You don't have to choose any. Click "continue" at the bottom right. You'll then get to review you choices. Click "create" at the bottom right. Next page, click OK. Next you'll be taken back to the Statements page. You'll see the custom statement off to the right. Click the little arrow to the right of the statement name. It will run the statement for whatever date is in the field (in the list of fields). This report will show you the total commission as well as the breakdown of broker charges and third party charges. Hope that helps!