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Showing content with the highest reputation on 02/01/2021 in all areas

  1. 1 point
    The $150 package does NOT include the replay feature. The replay feature is an extra $15 per month. A SIM account is included on all live account subscriptions. For example, I have DAS Pro and IB; my default account is SIM, and if I see something that I REALLY like, then I switch to live. If you happen to get IB as your brokerage, make sure you request this to get an extra data package: https://bearbulltraders.com/request-special-das-package-for-ib-traders/
  2. 1 point
    In my experience, while using the handling instruction ANY, the order will fill as much as it can within the limit, and then go away. If you use the instruction "AON", if it can't do all of the shares within the limit, then it won't fill at all. There is one more instruction, called "N Hold", but I don't know what that one does. If you use a market order, then it will just fill everything no matter the price which is why we use it in a stop order for most part; "get out no matter what!"
  3. 1 point
    Yes, different folder, you can keep both and run both. You can delete the old one when you are sure your new one is working as expected. Make sure to backup your settings from sim to transfer to Pro, and backup often and before making changes in your layouts https://bearbulltraders.com/knowledge-base/how-do-i-back-up-my-das-trader-pro-settings/
  4. 1 point
    MattfromNZ Trading Summary for January 2021 Journey I started learning and watching daytrading in the last months of last year, but this is my first month of real daytrading where I am treating it as if it was real and trying to follow actual strategies. I started properly recording my trades in the second week of January after I set myself up with fixed risk hotkeys. Goals The main goals of this month was to learn as much as possible and try out different strategies to see what works for me. Trades Over all my trades, I managed to make a small profit of 0.19R per trade or 24.63R total. Over 14 trading days this is making an average of 1.76R per day. I am extremely happy with these results in the early stages of my trading career. The main strategies I focused on were ABCD and 5min ORB. When I take into account whether I followed my strategy rules or not, we can tell where the problem lies. When I follow my rules my win rate for ABCD patterns increases from 40% to close to 60%, and my profit per trade increases from 0.5R to 1R per trade. Strategies ABCD: For this early stage in my trading career, this is my specialty. I managed to profit almost 0.5R per trade over all my trades, and I feel that I have learned and improved so much since the beginning of the month. 5min ORB: This strategy is very much a work in progress. I really want to be able to trade this, but it is revealing itself to be much more difficult than I expected. 15min ORB: Not something I gave a lot of attention to. Lightning Bolt: I did not see as many opportunities for this trade as I thought I would, and the ones I did get, did not seem to be very convincing for the strategy. Mountain Pass: I tried this strategy in the last week. I can see it becoming my new favorite, because I like it a lot. The rules are very clear for when and how you should enter, and when you should not. This is a HOD/LOD reversal strategy and I will need to get used to finding and watching stocks for this. Range Breakout: This isn’t really a strategy, because it has no rules. It’s just me watching a stock oscillating in a range and entering upon breakout. Not really working too well though. No Strategy: These are trades I make upon impulse or whatever, without following any rules or strategy. The times I try to chase a bull run for example. Interesting that I am slightly green on these trades! Going Forward Focus on ABCD, 5min ORB and Mountain Pass Strategies, and develop my playbook for these so I have clearer rules for entering and exiting trades. Learn more about reversal strategies. Not necessarily to be able to trade them, but to help me identify them and (for example) see the difference between reversals and pullbacks on ABCD patterns. Not make “no strategy” trades as this is bad discipline Continue to watch and try and read L2 tape
  5. 1 point
    Hey Reza I can run through some final checks and tests and post a clean version. I'll need a few days and then I will post. JC
  6. 1 point
    I shared my 15-minute Reversal Strategy on the YouTube Channel. As Marcel pointed out in the comments, you really want to see the volume come in on that new 5-minute high. More volume should pour in when that candle also brings in a new 15-minute high. This will give us the momentum to the upside. I will be adding examples of this strategy that I saw in recent memory. Please feel free to post your own!
  7. 1 point
    They’ve got it right, but I’ll add a little to it as I was speaking with DAS today about this. If you change the global order configuration (setup menu, order template), you have to make sure to check the “use global” box when you right click the montage and go to order template. Either way you do it, if you have an account chosen in the order template, it will always default to that account when you click a symbol, assuming you have the account set for the exchange on which that symbol is traded. So if you set the default as your U account from IB, then you change it in the montage to trade your demo account, it will switch back to the U account (the default) when you click another symbol. To avoid this, don’t choose an account in the template. Leave it blank. When you choose it in the montage, it will stay that way until you change it again in the montage.
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