Leaderboard

My flight was delayed this AM, so I thought I might get to trade the open, but they started boarding right at the open, so I closed my laptop and got in line. Then they stopped boarding, so I made a couple trades on my phone. Monday LIVE phone trades +0.29R UBER.1 5MinOrbDown +0.15R I missed the 1MinOrb because of the boarding issue, so I took a chance on the 5 Min even though it didn't have a pullback I usually look for. UBER.2 TFL BreakOut +0.14R Not a setup I should have traded. I'm in a new town now, left Gillette Thursday and I am now working in Belle Fouche South Dakota now. I should be able to get my full setup hooked up tonight and get back to normal tomorrow. I expect this job to last a couple weeks. So I should get a good morning routine going here.

For the STOP routing / StopType, use LIMIT or MARKET (preferably market, it's safer). The reason is that these are routed differently, even with IBCO. If you manually set it up in montage you'll notice the STOP Route type doesn't have SMRTM or SMRTL. So when a hotkey tries to populate that, it can't find a match and fails. Try this one for IB: StopPrice=Price-0;DefShare=BP*0.97;Price=Ask-Price+0.01;SShare=50/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=400;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; If I'm understanding this correctly, you want to have multiple risk positions (e.g. multiple "strategies" in play)? So for example, you enter a stock at $20.00, with a $19.80 stop price and qty 50. The stock moves in your favor and sets up for another strategy, and you add at $21.00, with another stop at $20.50 and a qty of (example) 50. Your position / open orders looks like: STOCK, Qty: 100, $20.50(avgcost) OPEN STOP, $19.80, Qty: 50 OPEN STOP, $20.50, Qty: 50 Something like that? I'll have to remember to try this tomorrow, I have an idea on what might be causing an issue but I need to test it. Few things, can you confirm you have 6:1 leverage (margin) on this account? Default is 4:1. The hotkeys you pasted are setup for 6:1 and a mismatch in leverage to the account can cause anomalies. Second, can you add a Trigger Order window and try again, see if a trigger order is being created? It's under Main Menu -> Trade -> Trigger Order .... this window works like the Open Orders window and will populate the status of active (not triggered) TO's. If you find a working setup for CMEG, please do post your config so I can roll it in as the recommended. CMEG is the odd-duck, as they have certain things that mess with the hotkeys. I've heard some users have luck setting the Time in Force to --> TIF=DAY; instead of the default TIF=DAY+. Apparently that solves some rejection issues with them.

I am asked a lot how to buy and send an automatic STOP Loss order all in one hotkey. Try this: ROUTE=SMRTL;Share=BP*0.25;TIF=DAY+;Price=ASK+0.10;BUY=Send;ROUTE=STOP;StopType=Market;StopPrice=AvgCost-0.30;Share=Pos;TIF=DAY+;SELL=Send; What it does? It buys at 25% of your buying power, and then automatically send a stop loss order at AvgCost -30 cent. You can change it anyway you want!

I don't recommend doing it manually. Here's what the Configurator put out for what I believe is your settings. LONG - % Equity Risk Version, 1%, DAS DEMO Broker, 4:1 Margin: StopPrice=Price-0.01;DefShare=BP*0.97;Share=DefShare*0.25*Price*0.01;Price=Ask-Price+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price= Ask+0.03;TIF=DAY+;BUY=Send;DefShare=400;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; SHORT - % Equity Risk Version, 1%, DAS DEMO Broker, 4:1 Margin: StopPrice=Price+0.01;DefShare=BP*0.97;Share=DefShare*0.25*Price*0.01;Price=Price-Bid+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price=bid-0.03;TIF=DAY+;SELL=Send;DefShare=400;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.3 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; If these don't work for you, you'll need to go into DAS -> Main Menu (Top Bar) -> Setup -> Other Configuration, check the option "Don't Delete History Logs" and "Log Debug Message". Close and restart DAS. Go test the hotkeys in a trade where it fails. Then PM me the content of the log file in the C:\DAS Trader Pro\LOG\ directory, it should be named for the date, e.g. YYMMDDLog.txt --> 200707Log.txt would be today.

Hey, yeah I saw - I was just wondering if you even saw it flash and disappear right away? Also did you see Kyle's comment?

thank you

Nice Trade !

Nice Trades !

Tks for ur reply.....I know what u mean and I also use it, my main question was how it's calculated in DAS (I do not use it yet). Is the Actual Vol / Avg Daily Vol ? Is it some kind of comparable Volume ? like Act Vol / Avg Vol AT THAT TIME OF DAY ? I follow the first one one diff platforms. So if stock opens with 75% it would mean it already made (75% of it's Avg DAILY Vol) but the REAL RVOL I believe would be comparing to the same time of day....but this is kind of hardest to find on other platforms. Tks dude....and great trading and journal.

Only nerds partial at 1:1 <.< ... >.> 0.0 *drops mic*

Day 121 - Jul 3 , 2020 17 Tickets 4 Symbols Red Day Personal: Ready to go, market prep completed, little tired though to waited a little longer before placing trade. Goals for the day: Report Card = 100% Watchlist: RVOL at open: NIO: 650% UBER: 300% PLUG: 200% GNUS: 870% Trades PLUG - Long - Ascending Triangle (Lvl 2 offer lifting, Adjusted 1/2 according to plan) 10 offer was getting hid but wouldn’t break - clear seller there and buying didn’t seem that strong - visible that selling was over powering. Lots of resistance above 10-10.07 on Lvl 2 - decided to take it as the bids were decrementing quick on the offer thinking we could see a nice breakout. Fake breakout and heavy selling so I took half off, then stopped out on the rest. Improvement: Not a high conviction play - Didn’t like the heavy selling that kept happening when we got into 10. INO (1) - Long - Asymmetrical Triangle (Adjusted 1/2 according to plan) Was a watching it from previous Asymmetrical triangle off the double bottom. Looks like buying volume starting to come in - took on the break of 20.25 level which acted as resistance previously.. Double shooting star failed breakout so I took half off - bearish, also Looking like an ABCD on the 15min. Good: Followed exit strategy and exit on reversal candles. NIO - Long - Asymmetrical Triangle NIO Long on asymmetrical triangle above previous pivot high in anticipation of PMH to get taken out and then run up to HOD. Lots of resistance above. 11.90 has huge offers, 12 has huge offers (putting order in front of 12). Improvement: Offers above with that much size showed liquidity, but clearly started taking profits and driving price down. UBER - Short Descending Triangle UBER hitting 32.27 over and over, clear level. Took it as the bids were getting hit at that level, was looking for tighter entry but broke through quick on hevay volume and had some slippage. Broke down slightly just under 1R and then reversed stopped me out. Improvement: No validation with volume - 5 min is showing clear buying. INO (2) - Long - VWAP Break and Go Followed game plan on entry (5min) and then panicked once we rejected of 21.03 so ended up taking 2 partials instead of one just below 21. At 12:20 there was lots of bids 20.90 (500lots) 20.80 (500lots) that popped up acting as support - signal of strength, need to be putting risk back on. Ended up taking profits way too early ahead of targeted levels. 2nd/3rd partial are brutal - need to be waiting for specific levels or signals. Improvement: Didn’t follow my exit strategy = 3.2 R potential winner ended up being a 1R because of absolutely terrible trade management. FOCUS ON THE BIGGER MOVE. Trade Ideas (Potential Trades) Trade Ideas: 18 Winners: 5 Losers: 2 No Entry: 11 9:36 Watching NIO and UBER for ABCDs - just need a bigger retracement back to VWAP. (No Entry) 9:40 - LMND ABCD taking it off 78 breakout, didn’t like selling volume….. (Winner ~8R Max) 9:44 - INO - Potential Descending Triangle if 20.50 breaks stop 21.03ish - doesn’t look great, not a clear triangle but targt would be 18.35 (Breakeven / Small Winner at 1.4R) 9:55 - LMND - ascending triangle - didn’t get there in time to read this. Had it at 84 but stop is way too wide, 79.9 - no entry. 9:59 - PLUG 10 breakout ABCD ish? Too wide of a stop 9.84 thinking 10.07 will reject (took ascending triangle instead, was a loser) 10:07 - NIO liking this as descending triangle at 11.84 but above VWAP - no entry. I would like to see a VWAP Break and Go. (No Entry above VWAP) 10:11 - NIO VWAP Break and Go was looking to enter - but was to see a little more consolidation (Loser) 10:16 - SQ potential double top and exhaustion candle entry 127.4ish - Not in setups (Winner 7R Max) 10:23 - UBER Descending triangle, not liking the 5min decrease in volume though. Not a great entry either, need a little tighter pivot around 31.8 would like one more pop to 32 and reject (No Breakdown - No Entry) 10:33 - INO Asymmetrical triangle. (Winner 9.3R Max) 10:34 - NIO broke down trend, looking for it to come back to test VWAP and then break back above 11.83 (Loser) 11:32 - INO Ascending triangle, 20.5, would like to see it breakout and then retest - Missed the breakout first time. Had a good entry the 2nd time but didn’t take it. VWAP Break and Go and Ascending - would like to see a bigger breakout and then retest confirming the hold. (Trade Taken a little later - Winner) 13:23 - NIO reversal candle large vol. Right off PMH - now watch for VWAP break and go. (No entry on VWAP Break and Go) 13:30 - NIO UBER and INO all look long breaking from the downtrend (Don’t like UBER or INO due to selling vol) No Entries 13:50 - NIO descending triangle not super clean. But had the entry at 11.39 once it consolidated….Wanted it to come up a little higher and reject 11. 5 again. Entry 11.39 - stop 11.52. but I didn’t like the heavy bids below. (Winner 3.5R) 13:59 NIO came back to breakdown point, but nmot liking buying vol higher then selling. Entry would have been 11.39 again with stop 11.44 (Winner 10+ R on the add from above descending triangle) 14:21 - NIO - 11.07 entry on the reversal, HUGE volume (Winner 2.5R) Trade Review Goal 1: Playbook Setups Only = PASS Goal 2: No Adjusting = PASS Today was a mixed day. Noticed I wasn't on point earlier in morning so took it slower than usual = great. Then ended up taking all playbook setups, although some of them were very average - will be looking to implement a grading system A/B/C. Also starting to track my Trade Ideas (apart from actual trades taken). In order to see how my overall playbook ideas played out. Still working on this template, but its interesting as over the last couple of days stats show that I should be taking all my playbook setups....seems pretty obvious, but there's always something I don't like about this or that. Will continue tracking this to see how things play out. Goal is to be gain enough confidence to take them all over time, or weed out the B/C Playbook trades and stick with Only the A setups. Things I did well: Realize not on point and stop trading. Things I did poorly: Trade Management, Validation with Volume/Level 2 Daily Report Card 1.Playbook Setups Only (ABCD, VWAP Break N Go, Triangles looking to add 1-2 more) = 5/5 = 100% 2. Placing trades with defined risk, and profit targets (No adjusting) = 5/5 = 100%

Ye big fan of DAS and IB...for active day traders seems like there is nothing better out there. Also love the ability to customize, and hotkeys/buttons have been a huge help. Would reccomend checking them out, they have been very helpful in my trading. You should be able to find them on most financial sites/brokers, however, I am bouncing between FinViz and on DAS (if you are with DAS there are 2 ways outlined below. The RVOL only starts calculating once market opens 9:30AM EST) ) 1. In Montage you can right click the field highlighted below, and choose between quite a few indicators. 2. Watch list: (Quotes -> Market Viewer . Then right click and Config and add RVOL to the right field) Let me know if you have troubles finding it and I can explain a bit more. Cheers

July 6th 2020 SIM Trading with MGM I feel like I'm getting better at recognizing the relationship between using multiple time frames, volume, and indecision candles. Took two shorts on MGM this morning, and my plans worked. Over goal with one ticker. Nice.

I hope all you traders in Melbourne are staying safe as I just saw it was declared a "coronavirus hot-spot".

So my friend simply said you need to open the hotkey window in your main monitor, then you can move it over to another monitor.

July 2nd, 2020 LIVE Trade with MGM So I went against a rule I had, which was to stay in SIM for the month, but whatever, I had a good feeling and it was supported by some analytics. I used falling volume to make the overall decision to go short, and I used failing volume on all the pullups to make my adds. I always tried to keep my new adds above my partials, so my average cost and risk would stay in a good range.

7/2/2020: 3X daily target, one and done. Goal: Patient mindset: I don't need to make a move unless the setup is excellent. Goal: One and done. Trade in first 30 minutes. Goal: Wait for CONFIRMATION on entry. Don't need to be EARLY to enter. Review the PLAYBOOK CONFIRMATIONS and MULTIPLE SIGNALS. GOAL: Multiple signals: Breaking away from VWAP, Opposite moving averages, no prior big wicks. 1,2 and 5 minute trends. Goal: ORB and ABCD trading strategy. After first 3 minutes, until 10:30am. Look for confirmation and multiple signals. Results: What I did for today's successful trade: Reviewed previous trades from July 1, 2020. Looked at 1, 2 and 5 minute chart for patterns, to AVOID false positives. Looked at pre-market movement, and understood there could be a continuation of trend after sell off. Bought after confirmation right up to MA. Should have bought AFTER it moved past the MA for confirmation, it could have been a resistance, and it did hesitate. Sold half at target, then another half on next spike, then set stop at level below high VBP in case that was a resistance before another move. Today was a VERY green day, which made it much easier. The MA mistake could have cost me on a different day.

Unfortunately we can't script prices into horizontal lines.... Wouldn't that be nice There is a workaround with the Fibonacci Line tool. To set it up: - Set a hotkey to place a Fib line (script = FibonacciLine) - Press the hotkey and draw a line anywhere on your chart. - Right click on the vertical line and select Config. - Chang the line settings to match this: - Now, when you enter a position and have a stop loss. You simply hit the Fib hotkey, and click and drag down from your entry to your stop. - You will then have nice price targets on your chart that will look like this: As you can see, I'm embarrassingly partialed in my trade too soon!

@Destiny I have done DNA and almost done working through Winning Trader. Their education is higher quality than the majority out there and I personally recommend them. Between SMB and BBT, you will see a return on your investment in your trading education if you put in the work and are disciplined with your trading. It has definitely made a difference for me to think and trade more like a professional. When I have adequate sleep, my day job isn't overwhelming/busy as heck, and I have time to implement a trading plan the night before and apply everything on the open, it makes a big difference in my trading performance.

Man, is this still the case? This post is over a year old and I know DAS issues frequent updates, so wondering if this is something they've addressed. I, too, find adding price alerts overly cumbersome in DAS. I wish there was a way to add price alerts with the click of a mouse, similar to how we add horizontal price levels.