I use two accounts on IB. One for swing trading and one for day trading(DAS). In swing trades i just look the price action and charts on my DAS and make the order from IB account. I don't even have data on my IB, just on my DAS. If i don't use limit order, i use IB's Midprice function. In that you can cap the most you are willing to pay, but it tries to get better price. What is the benefit of two DAS subscriptions? Of course, if your account is huge and daily profits and volume are big, then whats one 50$/month...

I have multiple accounts with IB linked to DAS. You are not missing anything. It is $50 extra per account. I also wish it was cheaper, but I don't think $50 per month is unreasonable either.

My trades on TWTR. I consider this to have been my best trading session so far, not because of wins or losses but because I was disciplined and took clear strategic entries. I've never felt calmer when trading. Entry 1: An attempt at a long squeeze. TWTR had gapped up strongly PM and continued to do so. Seeing the pullback I took a punt that longs would take profits and create selling pressure, and I entered short. This didn't happen, and after 15 seconds of the price hovering around my entry I decided to come off the position. As you can see this eventually would have been a profitable trade if I'd held on. However for scalping plays like this I'm really looking for immediate resolution. Every second in this position made it feel less likely I'd make profit and more like a coin flip, so I came off break even. Entry 2: Very pleased with this trade. The price fell back, touched the 9EMA, held it, and began to move up. I took an entry with a stop below the 9EMA, and partialled out first at 2R, then 4R. The final partials were more a case of just banking profit on the way back down and freeing myself up to look for another trade. Entry 3: This was either a head and shoulders / mountain pass, depending on which way you look at it. For the Mountain Pass - I know it wasn't a strict MP set up, as the consolidation between the two 'peaks' was only one bar. But I'm also coming to think that at the open everything is compressed. The second peak failed lower than the first. I think my entry was a little late, I wanted to wait for confirmation before entering given how strong the stock had been, I had to be sure I wasn't getting in the way of a pullback. I went short and then took four partials on the way down. Partials: A quick note on these. I need to do partialing better. I am currently using a P/L based stop loss, so I'll set a stop at -$10 P/L, take a first 50% partial when the P/L hits $20, take a second 50% partial when it gets back to $20 again (so now I'll be $20 banked with 25% share still held), and the final partial I'll generally then come off after a few ticks further or if a reversal happens. This could be worked out better, and I also want to look into using fixed risk hot keys.

That's why we're here 🙂 On the bright side you entered in a great place and made a great trade. Your mistake wasn't down to anything other than bad luck. Ways to solve it... Can you move your hot buttons to a different part of the montage, and then practice getting the cursor in the right place as you get ready to partial? Maybe something like this would work. Well done also avoiding chasing at 9.34am. This for me is such an important thing, being able to watch something go without you and not chase. Your RR would have been messed up going in there. Well done for having that discipline! First entry at 9.37am... Yeah I'm with you on this, I'm generally waiting for ABCDs to come back to the 9EMA before taking entries. It's a reliable indicator, gives you tight stop losses.

After I deposited a small amount (10 euros) the account started to show correctly again the buying power, which is now about 6.6x.

All, I read an interesting thing yesterday, claiming that 66% of AMD's 5-Min ORB strategies work, which was apparently backtested over a number of months (and this 'news' item was several months old). I was skeptical to say the least. However, I decided to test the theory out myself, especially since AMD is in play quite often. It took a bit of work in Excel, and in historical charting software, and I stuck to the following rules & assumptions: SL set just beyond VWAP 25% partial at all R's, SL set at B/E after first R (Tested on 25% at R1, and then 50% at R2+, but it's less profitable in this instance) Based on 0.004 p/s commission structure, with $0.50 minimum per ticket ECN fees are *NOT* included I also only managed to do only 3 and a half weeks of back-testing before my conclusions were becoming a bit clearer. Here is the sheet for your reference (and if you wish to back-test stocks yourself). You can also customize your Risk Amount, and partial % factors. Summary Conclusion: Yes, indeed it does appear you get get 65-65% success rate on a 5-min ORB, at least on AMD. However, the returns based on the above assumptions and strictly sticking by the rules, are quite low. There are a couple of really nice days, but by and large the positive days are just meh. While many may not find value in this, I did want to verify the claim myself and after the work I put into it, felt it may be nice to share for other people's reference. Happy to receive any feedback. Thank You.