I agree, the more I research into this, the less likely I think it is that it will ever actually become law. I think the only way it would is if the Democrats had much larger majorities in both the House and the Senate than they have right now and even at that, not all Democrats are in favor of it. Chuck Schumer, for one, is against it.

Thanks for these hotkeys Kyle, they are awesome! Something I have realized is that when a symbol is restricted by IB to not allow using margin (like shown in the screen shot where it says long margin rate is 100% - that means you cannot use margin), then DAS trader calculates my buying power as only my cash balance because for that symbol, that's all it truly is, I don't get margin. Then when I use the dynamic hot key to risk a % of my balance, I end up only getting 1/4th of the amount of shares I would expect. I spent the better portion of today digesting the code in the dynamic hotkeys to try to figure out what's happening and I finally get it! (It was quite an achievement LOL!) I just don't know how to fix my problem here. Actually, I think it probably cannot be fixed, but before I give up, I wanted to pose the question to the community and see if there is something I am missing or if somebody might be able to come up with a very creative solution which I have not thought of yet. So the script compares the total amount of shares you can afford based on buying power to the total shares you can buy based on your selected stop price and how much you want to risk losing if the trade goes against you, then sends a buy order to market for the lesser of these two amount of shares (genius script Kyle! Took me a whole day's effort just to understand it LOL!). The problem I am having is when DAS sees my buying power as $30K instead of $120K because of the limitation as shown in the screen shot attached (IB does not allow margin, only cash on certain symbols on certain days), then the first part of the equation (shares based on BP) calculates fine, but the second part (amount based on desired risk level) gets incorrectly limited to 1/4th of what it should be and the shares that get sent is this lower amount. This is because of the part of the equation where it says, "Share=DefShare*0.25*Price*0.01" (assuming I want to risk 1% of my portfolio balance), comes up with a much lower number than it should since DefShare was just set to "BP*.97" in the previous line of code and now it's being divided in a quarter again and in this instance BP was only $30K (normally it is $120K) which was equal to my cash balance, not my cash balance times 4. In essence, in this particular scenario, the script should not multiply DefShare*0.25, that is where it goes wrong and this is why I end up only buying 1/4 of the amount of shares I should have gotten. But in all other normal cases, i.e. when margin is allowed by IB, it has to multiply DefShare*0.25 or you would be getting 4x the amount you want, which would be really bad. I do not think there is a way to fix this automatically. I think the only options are to either have two sets of hotkeys, one where it doesn't cut DefShare in 1/4 and another where it does. Then I would just have to be sure and use the right set of hotkeys depending on if margin is allowed or not. Or, the other alternative would be to not use the % of risk hotkey at all, but rather go to the fixed dollar risk hotkey and just update the amounts to manually calculate the % of my portfolio balance as my account balance changes. Is there any other way around this that I might be missing? Is there a way to continue using the % of risk hotkey and somehow have it not cut my shares in 1/4 size when the symbol is limited to cash only but I still have enough buying power? To be clear, I am not talking about a situation where I do not have enough buying power. Let me put some numbers to this to illustrate: I want to risk 1% of my portfolio balance when buying a stock that is selling for $20 with a stop loss of $19.80, with all the cushions and what not in place, that would get me 1,372 shares which would cost $27,437, so I have enough cash to buy it. But the hotkey only gets me 1/4 of 1,372 shares, or 343 because of the equation "Share=DefShare*0.25*Price*0.01" which in this instance = $72. $72 is then used as the risk based loss (instead of 4x that amount which would be $288) and at a loss of $0.21/share I can only buy 343 shares in order to lose $72. It then compares the calculated 343 shares to the max shares I can afford, which would be 1,455 and sends the lesser of the two, 343 shares when what I really wanted to buy was 1,372 shares which would have risked $288 (0.21 X 1,372 = 288).

That's good advice from Vlad above. Also, I don't know if you will be affected by the PDT rule, but the PDT threshold is $25K, so you would need to be somewhere north of $27K to have some money to risk and still stay over PDT. But actually, in the very beginning your risk should probably be a dollar amount that is far less than 0.5% of your account and just a meaningful amount to lose for you that will not be damaging to your confidence and your overall trading plan. That might be something like $20 or even less. You want to zone in on that amount because if it is too big of course that can throw you off, and if it is too small it might make you push too hard to milk as much as you can out of each trade. When you have an amount chosen, you calculate how many shares you can take depending on the width of your stop for a given setup on a given stock at a particular entry. BBT has a downloadable chart for this to help you. You need to prove to yourself that you have an edge and that you can replicate it and govern your behaviour and emotions in such a way that it works over a sustained period of time. So even though you have $25K in your account, you can trade it like a a 2K or 5K account until you gain confidence and show yourself proof that your methods are working for you. There's no sense taking big losses if you haven't gotten good at taking (and keeping to a minimum) the smaller losses.

Sorry for the delay in posting the file. But anyway here it is. As mentioned previously it is a revision / expansion of the Total Trader file. It will only work in excel as the macros use visual basic. As it uses macros the file needs to be saved as a macro enabled excel file .xlsm You can download the file from Google Drive using the link below. Any questions / corrections / suggestion message me. https://drive.google.com/file/d/1G5fKj600EDBfM--QNMzQxxOmEkDCJUDF/view?usp=sharing FILE USAGE INSTRUCTIONS (also included on the "INSTRUCTIONS" sheet): The default in the file is an account size / starting balance of $25,000 and risk of $50 per trade. These can be adjusted as required on the "INSTRUCTIONS" sheet. The file calculates commissions for either CMEG, IB (tiered) or excluding commissions. If you select to include commissions (using the "ON"/"OFF" switch) the file will estimate fees as well. The fees are an estimate only and I tend to overwrite them when the actual data is available from the broker to ensure the account balance is 100% correct. First step is to enter the Date for the trades on the "INSTRUCTIONS" sheet. European format DD-MM-YYYY. The file is based on loading the "Trades" report from DAS. The columns in the report should be structured as below. You then copy the data in the Trades report and paste (past values) into the "DAS_DATA" sheet in the file. I then tend to sort the data. Select the data from cell A2 to the end of the data (A2:H6 shown below), select Sort and Sort by SYMB then by TIME. Then run the "Analyse DAS Data" macro using the button on the "INSTRUCTIONS" sheet. It converts the data shown above to identify the trade direction, duration, total profit, commissions and Fees, gives an ID number, win/loss etc. Add some additional data on the first row of each trade ONLY (the rows with a Trade ID): Add in the STOP price when you entered the trade (used for calculating the overall reward to risk), the Strategy you were following, then (based on the strategy indicators you have defined for the strategy) you enter a 1 if the indicator was present at the point of entry or 0 if it was not present. This gives a way to track which indicators are key or for example the success rate of a setup if more than 50% of the indicators are present at the point of entry versus the success rate if 100% of the indicators are present. Enter the timeframe of the chart you were using for the setup. If the setup was on the 5 minute chart but you used the 1 minute to get a better entry, you should enter "5". Enter a wellbeing score from 1 to 10 (10 being best). If you want to track some comments you can also enter a tag line and a key takeaway. Example when populated Then run the "Transfer Data to Journal" macro using the button on the "INSTRUCTIONS" sheet When finished you will see this message (click OK): Data is transferred from the "DAS_DATA" sheet to the "JOURNAL" sheet. "JOURNAL" sheet feeds the "CALCULATIONS" sheet and the blue sheets "WEEKLY_CARD", "SCORECARD", "DASHBOARD", "STRATEGY_STATS". Clear the data from the "DAS_DATA" sheet with the macro "Remove DAS Data" button on the "INSTRUCTIONS" sheet. I set the excel calculation options to "Manual" when using the file to speed the macros up. Then each sheet should be refreshed after the DAS data to Journal sheet successfully completed. There are buttons on the Blue sheets to calculate the sheet and charts. What can you get out of the file? Examples below are using the single trade AMD example from above. Obviously the more trades loaded, the more informative the analysis, but this gives a small flavour... A moving weekly scorecard that can be refreshed using the drop down list selecting the week end date: A total Scorecard tracking the account from inception to current date: A Dashboard with detailed stats across a range of elements that can be viewed on a total basis on average basis: A Strategy Stats sheet with in-depth tracking of the Strategies you have defined

Hey everyone! I have been in the Sim for a few months and would love to get a group of 6-10 people that consistently trade daily. If you are interested, I just started a discord server and would love to have serious traders that want to grow together. Hope to meet you soon! https://discord.gg/JwA74uDG

Welcome Shawna! I went 3 months in SIM, and this is now my 4th week being live. My last 3 weeks in SIM before going live, I was green every day and with really good $'s. I had my life planned and was dreaming big. It felt awesome. Going live is so much different (for me) and first two days I got lucky (bad behavior was rewarded), then the next week was down $500 by end of the week. Then last week I closed green, but barely... This week I'm break even as of today (yesterday I was 0/5 trades... but today I chipped away at losses). If I did it again, I would have only spent a month in SIM to practice hotkeys and flow, and then I would have gone live starting month two with very, very low shares for each trade ($25 risk per trade) and do that for 2 months. My new expectation ---I will likely be trading live for at least another 6-8 more months before I hope to get where I was in SIM before live (the video game experience). As of now, my heart can't take big shares and my goal is to just be green each week after commissions. Sad goal, I know... I had so much fun in SIM So... you should go live as soon as you can, but start really small, protect your account and just try and be green each week. Or perhaps you are a just really good at this and will have a better experience than me. But only one way to find out 🙂 As for fills, I find a lot more slippage on entries and exits, and stop losses as well. Your trade log file looks so clean in SIM and is massive when trading live.

I shared my thoughts on the classic ABCD/Flag strategy. This pattern presents itself in virtually every move, across multiple timeframes. The formation consists of: 1. Run-up/sell-off 2. Profit taking/consolidation 3. Continuation Let me know your thoughts!