Leaderboard

On Interactive Brokers, did anyone else get this email message today (further below) or just me? Also wondering: Is it bad that I don't know what most of this means, haha, for real though? I work hard on trading, with little time left for learning all the embedded outside nuances. I do plan at some point knowing everything, ambitious, right?!?! This is where being part of a community and being candid will benefit us all. Seeking wisdom here on what this all means. Thanks in advance, -Matt aka SmallForces "Dear Client, In response to extreme market volatility and substantially increased risk sentiment in global markets, we are taking the following steps with immediate effect: 1. Intraday margin discounts remain suspended until further notice. 2. Liquidation deferrals: the buffer for activation of liquidations is currently 5%, but may be reduced further as market conditions warrant [Background: under normal market conditions IBKR usually delays liquidations for a period of time during the active trading session when an account is only slightly (less than 10%) under its financial requirements to allow clients to individually manage their risk reduction activities]. 3. We will be deploying re-assessments of margin requirements more frequently and in some cases, on an intraday basis. Clients with positions having exposure to large moves in most asset classes (equity, energies, capital markets, forex, bonds) may expect higher capital requirements on short notice and should consider managing their risk and capital positions in their accounts to anticipate such changes. -Interactive Brokers Client Services"

Made some research and found out that the DB format that I was using was not very portable, so I decided to migrate to another format. I performed a few tests of the new versions on a Win 7 virtual machine without anything installed on it, and seems to work fine. Could you give it a try: https://drive.google.com/uc?export=download&id=1WwcB1lxP8bxAMx7fuMUBP7WRYT-tEJ_6 You can also uninstall the SQL Express Local DB plug-in at this point.

Friday 03/13/2020 I had a well-being score of 6/10 this morning. I took 2 live trades with BAC and AAL. My watchlist: AMD, AAPL, BAC, TSLA, CCL, and AAL. I can’t remember when my watchlist has been the same two days in a row. A bit disappointed with my discipline again. BAC opened well but not enough volume. Then a L2 signal hit and I went long with a tight stop (if my main signal is L2, I usually have a really tight stop) at the HOPM. My target was 22.85. The big ask was bought soon after and the price was moving and I took 2 partials then set my stop at B/E. Then I noticed how few shares I had. That is when I realized I inadvertantly chose the 22.27 level as my stop and took only ¼ the number of shares. So instead of just letting it go to a learning experience, I added to my position. Not a terrible spot but not a good one either. Then added again. So when I finally stopped out I took a full -1R loss. Yep made a winner into a loser. I actually took a 5min ORB. It has been awhile. AAL opened weak with good volume. At 5min I waited for the break of the 200MA-1min and the 50MA-5min and went short. PDC was my target with 14.70 as my stop (which was just above 200MA and previous candle). My second partial was a hotkey mistake that I recovered without an impact. When the price rose back above HOPM I exited. What did I do good today? I took a 5min ORB, it had been awhile. What I am grateful from today? I was lucky again today, I was undisciplined.

@Brendon I'm setting it up in SIM for now Thanks @Justin, I will go through them both again toady and DM you if I still am stuck. Appreciate the offer!

Day 46 - Mar 12, 2020 7Tickets 2 Symbols Red Day Watchlist: Index Catalyst Big Picture SPY Coronavirus Panic SPY down 7% close to circuit breaker. Trump announces no flights from Europe to US. Gatherings continue to close - NBA suspended season, panic is growing. Stock Support Resistance ATR Notes Bias Setup Trading Plan BA 158.65 175, 180 16.64 Downgrade, Using all of its outstanding loan of 13.6 Bn - financial troubles. Could see much worse news ahead Short If spy weak, short momentum and failed pops INO 9.85, 9.4, 8.75 11, 11.5 2.28 Coronavirus vaccine play - Gates Foundation funds 5M grant for vaccines. Long CCL - Short - 1min - Technical Breakdown + VWAP Break and Go Scale in(Lvl 2 Big wall of bidders breaking) Saw a huge bid at 18, as soon as it broke I took it. Waiting for a pop to add. Market broke down right after halt and then showed strength coming up to high of day - CCL showed relative weakness, just over VWAP and broke down again. Scaled in another short, full size as it broke VWAP for a trend trade. Didn’t do much, consolidated and kept breaking down as it made a higher high. Got stopped out as it squeezed through VWAP and tested HOD. Good: Followed game plan - I am ok with this loss. Improvement: Go back to see what I missed in recording. Haven't made strict rules on trading after a halt - will look into it. NCLH - Short - 1min - VWAP Bounce and Reject Cruise lines pm secondary watchlist (all month), announced no cruises for 60 days - short biased. Broke down after market halted, then saw the other ones have some decent strength on the bounce following SPY, but NCLH was weak. Got rejected by MA on every pop, hovering under VWAP. Took it as a VWAP bounce and reject play, break of VWAP as stop with premarket low as target. Came down to 10.50 and found a large wall of bids, took half off in case it held - ate away at the large bid slowly and dropped down to my profit targe for final covert. Good: Like my entry, defined risk, MA and VWAP as resistance and chose a relative weak stock to market and industry. Improvement: Could have went larger size here, as it confirmed and kept getting rejected by MA Todays Review Wasn't going to trade as trade halt made it a bit choppy. But ended up getting in on 2 cruiseline plays. Overall I am ok with how the day went, followed my rules and stuck to my game plan. Could have avoided the first CCL trade which would have put me in the green but it is what it is. What I did well: Followed game plan. Had strong conviction on NCLH (Weak relative to industry and market, rejecting MA, Lvl 2 bid was getting eaten away, defined risk, terrible news) What I did poorly: Could have added more size on a setup that's worked for me. Need to do: Mic, Game plan for specific events (circuit breaker and halt), need to do much more research on Lvl 2 - very powerful, but I am not utilizing it effectively yet

Thanks Justin, that's what I was looking for!

Hi Anna, I sent out an email to the group from last night and must not have the correct one for you. Please send me the best email for you. Thanks, John

If someone is interested, I wrote a few AutoHotkey commands to add new rows and perform other actions in the Market Viewer through hotkeys. In the attached file you can find hotkey scripts to: Delete the selected row (ALT+D) Delete all the rows (SHIFT+ALT+D) Add a new row (ALT+N) Export the current list to a file (ALT+E) Import the previously exported list (ALT+I) The last two commands are useful to copy the content of a Market Viewer window to another Market Viewer window Additionally, there is a command to add the current symbol selected in the Montage window to the Market Viewer. However, the script is written to work only if the Market Viewer window is the only one located in the same screen of the Montage window. If you need the script can be adapted to insert the symbol in a specific Market Viewer (follow the instructions in the script). To use the script, change the extension of the file to .ahk and launch it with AutoHotkey (https://www.autohotkey.com/) EDIT: Updated with a new version, including some new functions: Possibility to add the date to the exported files (IncludeDateMVList parameter at the beginning of the file) Some functions to calculate the profit targets based on multiples of your predefined risk A function to drag a symbol from the Market Viewer list to a chart (useful if you don't want to use a montage window for each chart) A function to toggle between standard and bigger Montage window height (to display wider market depth when needed) DAS-BBT-V1.ahk.txt