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Showing content with the highest reputation on 08/18/2022 in all areas

  1. 1 point
    Hi! I was wondering if anyone (or Kyle) knows how Kyle's fixed risk hotkeys for stocks/ETFs on DAS Trader could be adapted to trade futures. The futures i'm interested in trading are the micro E-mini S&P futures which have a 'ticker' constructed by # symbol followed by M (for mini), ES (code for S and P futures) followed by a letter for the expiration month (currently it is M) followed by a number for the year (currently it is 2 for 2022) = #MESM2 For NASDAQ futures, it is the same process but with NQ instead of ES = #MNQM2 The fixed risk hotkey that i'm interested in adapting is the simple one where you double click on the chart where you want your stop and then when you press the hotkey it calculates your share size. I don't think interactive brokers allows you to purchase or short fractional futures so the hotkey would have to round up/down to the nearest whole number The hotkeys I use are the following: Long: StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare='insert fixed risk value in $'/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=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; Short: StopPrice=Price+0;DefShare=BP*0.925;Price=Price-Bid+0.00;SShare='insert fixed risk value in $'/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price=Bid-0.05;TIF=DAY+;SELL=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; If someone could help in doing this I would be extremely thankful (as a european/UK resident I cannot trade SPY/QQQ ETFs so SP futures are the best alternative for an extremely similar day trading experience/chart and I seem to have became profitable in simulator trading these market ETFs but not trading stocks which I find harder) Thank you, Jack L
  2. 1 point
    Good Afternoon Everyone, My name is Ercilia (Ercilia182 in chat) , I live and work in New York City. I have been working for Columbia University in the Finance/Accounting Field for the past 15 years, since graduating College back in 2003. Like many of you here, I have always been interested in learning how to trade but never knew where to start or find someone who was willing to help me. I love my job and I what I do, but I feel that there is something more to life than just that. I like the flexibility and freedom that this career offers. The ability to be able to work from home and spend more time doing the things you enjoy. I am 39 y/o with a daughter in college and on her own. This is the perfect time to embark in this new venture. Even though I work full-time, I have a very flexible schedule and available during the mornings. My goal is to master the skills of day trading and use it to my advantage. I came across Andrew's book on Amazon, it was one of the top 10 day trading books, and I have to say I absolutely love it. I recommended the book to my friends and gave it an excellent rating. It is a simple, straight forward, easy to read guide on day trading. I will of course, read many others. I am happy to be here and looking forward to being part of this trading community. I start my first class next week, and once done with online classes will move on to simulator. Cant wait to be part of the team! Ercilia182
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