@Benjamin Tang This is part of Andrew´s strategy for ORB´s: "Ideally, the stock should trade within a range which is smaller than the Average True Range of the stock (ATR)". Ideally, you want the "range" to be smaller than stocks ATR (you can add "Range" in your market viewer and ATR study on the volume chart area of a daily chart to display ATR in $, and compare both. )

Your welcome - BTW you need a Risk:Reward of 1:1.5 or preferably 1:2 to make any money at a 50% Win rate - keep that in mind when you're in the sim and developing your strategies - I would advise upping your R:R.

If it were me I wouldn't be putting time limits on when to go live, especially if you haven't developed your strategies and tested them yet. I did a few moths of reading and watching - 1 month getting stuff together and getting used to placing orders tweaking hotkeys / layouts etc. 4 months in sim (taking a few very small position live trade 2 or 3 per week in the last month) through another account. Then went 'live' at $10 risk per trade - but I'm not in a rush to go live big time. Probably going to stick with small size for a while. Sim is OK but it is not the same as trading live so once you do have some muscle memory in the entry and exit process and confidence in your strategies from Sim etc it's definitely worth trading live with a very small size. I have a $50K account I went with $10 risk per trade $100max per day as the rule (which I did break a couple of times at the start). Can you afford to take take say 20 losing trades at the start? Or are you absolutely certain that you will honor your stops, not double down etc. before you've ever traded live? AT $10 risk an account blow up FUBAR is theoretically still possible but highly unlikely, you can only really start your psychological training with real money; It only takes you to ignore your stop and an average down you don't get away once and very quickly it can become a $1000+ loss at $50 per trade risk. Target accuracy, profit targets, Risk to reward etc is somewhat strategy and very psychology dependent - you have a 50% target accuracy a $50 Risk per trade and a rule that limits you to $100 max loss - this doesn't seem realistic to me - pure Random chance is going to have you stop trading for the day way too regular for my liking, 2 losing trades and your done. If you only want to risk $100 per day - definitely look at dropping your risk per trade at the start. Also setting daily and weekly profit targets before you've even started in Sim risks setting you out trading your P&L from the outset - this is a pretty bad habit. It's fine to have an idea what you're looking for but I would wait until you've got your strategies in place before setting any of that as rules do this as part of your journal during sim. Profit targets not only require you being able to spot the set ups and entries and execute them but you need to do the same for the exits - that's a tall order for 1 month in Sim in my opinion. Peter Donnelly and Mike B have some excellent success webinars on trading plans and education development - It would be worth checking them out and reality checking what you've put together - but what you have is pretty good first pass.

Is it possible to do hotkey with stoploss and target like range order. ( im clicking to stoploss on the chart and then hotkey and it buys stock and creates range order for selling) Im now using 2 different hotkeys one for buying with stoploss order and second to sell +2R target. And i need to watch if one order is filled i need to delete second. It would be amazing that im only buying once and no need to watch stock... If this one hotkey is not possible is it possible to do hotkey with range order -1R and +2R targets?

It took me about 6 weeks to start regularly pulling in 40 - 60$ per day, in the beginning I was losing 150 - 600$ per day due to hotkey mistakes and a complete lack of experience (all paper trading of course). I plan on paper trading for 6 months. My suggestion as a fellow newbie is to give yourself 1 free month where you're just getting comfortable with everything, then start the plan in month 2, good luck

@Eric DAS has a bug in the SwitchTWnd command, which would randomly ignore its following commands, like setting the share size. Not too many people issue the SwitchTWnd command before the sending orders, so this bug is not well recognized in this community. You can easily verify this bug with the following scripts. You'll find the share size is not changed 100% of the times in the Montage window. SwitchTWnd;Share=Pos*0.5 I think you can try to claim your losses from DAS. Good luck!

@Justin Nice!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Hey Chris, Just spent over an hour talking with DAS support about this. It's pretty much a bug. The prices have a "pixel range" on the chart. So if you zoom in all the way, when you move your mouse up and down a bit on the chart the price will stay the same at 16.77 within a range. If you move your mouse to the lower range of those pixels (so it still shows 16.77 on the chart) it will give you 16.76 in the montage. Unfortunately, as you zoom out to see more, it smashes the prices (and pixels) together; so you can't determine what pixel range you're in.... Sometimes it only gives you the upper pixel range and sometimes it only gives you the lower... Unfortunately there is no solution. I'm still chatting with them... I'll let you know.

Hi Benjamin, You can watch my Talk with Traders where I go over a few points on that very topic. But to answer your bullet points: The sacrifices are a few, most noticeably how taxing this is on your body mentally and physically. It isn't particularly enjoyful working 2 jobs back to back, no matter what they are. The same can be said for those who go to school and work (Aiman), there is little difference. But trading can be a little more stressful because money is involved. Habits would be getting used to taking losses, and then more losses. Everyone knows how to win, that's easy, you close your position in the money. But closing at a loss, unless you get used to doing that as a habit (not too often let's hope), you will let them outrun your wins. I changed from wanting to make a lot of money to being humble and making what is realistic for your account size and risk tolerance. So maybe a couple hundred a day instead of a few thousand. It's not a get rich scheme, more of a side hustle to put your money to work what will get you better than market return. Tips and tricks - don't try to mirror after one trader! You will notice in our chat that each BBT trader trades differently, and vastly differently from feeling the price action at the moment like Andrew (his actions per minute rival Starcraft gamers) or to really deep dive in the L2 like Thor..and he dives very deep to find those levels (his L2 can consume his whole screen). Find what is the better fit for you, if you are short biased with your trades talk to Peter. Find your nitch, and that could take a year or more.