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Showing content with the highest reputation on 01/10/2021 in Posts

  1. 1 point
    Hi, some IB Canada users have asked this question before, please review these forum threads: https://forums.bearbulltraders.com/topic/131-how-to-deal-with-a-eurcad-account/?do=findComment&comment=685 https://forums.bearbulltraders.com/topic/1764-canadian-account-problem-cadusd-with-ibkr/ https://forums.bearbulltraders.com/topic/2361-questions-for-ib-canada-users/
  2. 1 point
    Adam, I like the scalp play on a squeeze! It is definitely a constant across stocks. Your stop loss was not bad. It was just below the VWAP and it was about the length of the body of the previous candle [ more used for ORBs]. In terms of managing your risk using the VWAP/ EMA for a S/L at the open you can trade a smaller share size. This will allow you to have still have some wiggle room for the volatility at the open. If you get stopped out, you won’t lose as much as you would trading your standard share size. Personally, I don’t use fixed risk amount. A .25 risk on AMD may be suitable and not get stopped out easily. However a .25 risk on BABA or TSLA would get stopped out immediately because they make significant moves quickly. Hope I answered your questions.
  3. 1 point
    Hi Fahad, These scipts wont cancel or put in a new stop loss. Script for Selling 50% ROUTE=SMRTL;Price=Bid-0.10;Share=Pos*.5;TIF=DAY+;SELL=Send Script for Buying/Covering 50% ROUTE=SMRTL;Price=Ask+0.10;Share=Pos*.5;TIF=DAY+;BUY=Send You can change the percentage after Pos* to whatever you like. I made them for 100%, 50%, 25% and 10% partials. Hope this works for you, Jeff
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