Hi, Thanks to a lot of advice and education I receive here, I am gradually getting better and starting to have more green days after 2 months of training on SIM. This is great, however I am facing some "difficulties." When I go live, I am planning to put in about $20,000. My goal would be $200 a day. I currently risk $20 per trade using Kyle's hotkeys and aiming for 2R($40). When the movement of the stock is strong I let it run and get 3R or even 5R when it is great. Sometimes I cut it short at 1:1 or less, or get out at break even, but for the purpose of this thread let's say I get 2R on average when I win . When it is good, my win/loss ratio is 1:1. So, I would be getting $20 every two trades I take. This means I have to take 20 trades to reach my goal per day. As I said it is when I am doing good and I am taking way more trades than I want or should when I'm not doing as great, although I can often still keep it green. Sometimes I reach $200 but a lot of times I don't and even If I reach it, the commission would be way too high. I would like to cut down on the numbers of my trades per day and still reach my goal but as I mentioned at my winning rate and risk, it would take 20 trades to get to my goal even when I'm doing good. My calculation above is not accurate but it is more or less what is going on. For example, 25 trades, 10 wins, 15 loses, $100 profit (minus the commission). I don't know what to change or focus now. Here is what I thought. (1)My wining lose ratio is too low. I should aim for a 2:1 ratio. However, even with this ratio, I would need more than 10 trades to get to my $200 goal with a $20 risk. (2)Maybe the average 2R for win is not ideal and I should aim higher. (3) Maybe the $20 risk is too small for the $200 goal (or the goal is too high for the risk). When I go live I can start small but ideally the risk should be higher for the goal (like, $40)? I guess I can keep practicing and get a better winning ratio or a better average R, but I wonder what I should focus on at this point. Thank you!

Hey Justin, You're my hero man. I someday hope to have anywhere close to the familiarity with hotkey scripts that you do! I used both of these trading in sim this morning and they worked great! Thanks so much for your help with this. It's funny, I end up liking both the original limit order script you made as well as the trigger order script, above. This new one is great for the "set it and forget it" move above a key target area, but there's a chance that you don't get filled if price moves too fast. The one click limit order is nice because it will get you in at any price better than what you're asking for, so you're basically guaranteed a fill, but with the risk of getting in before a key level is broken and taking a hit in the wrong direction. The Stop market order at $150 (or whatever you want) is great for these quick moving stocks. I was out way before the stop order in every trade that didn't go my way today, but it's nice to know that it's there for a really violent surprise move. Really appreciate all of your help with this, again, and it's awesome being part of a community like Bear Bull Traders where folks help each other out like this. Thank you! - Phil