Hello everyone, What plan do I need for the Trade Ideas: Premium or Standard? Do I need it when I am going to start just trade on simulator? Thanks in advance, Lana.

To complete the rider agreement DAS Trader - Interactive Brokers IBKR: the first two slots is today's date the third slot is DASTRADER and the forth slot is you U account numbers you will only sign the customer side and upload, don't worry about IB side signature, it will be sent after upload to IB to fully connect the account

Updated: 8/8/2019 @ 12:44pm (PST) Finally out of the alpha stage and releasing this to the community, I've been using it with success. Because I had to do some musical chairs with memory I made a configuration utility as the script itself is very ugly. This is more of a BETA release for this, so if anyone wants to try this out in SIM and let me know if you have any issues with the configuration sheet or the hotkeys themselves. It's based on the work started by @fjmocke here: https://forums.bearbulltraders.com/topic/469-das-calculate-shares-based-on-account-risk/ . What it is: It's a hotkey command script that can be used to dynamically alter the share total based on: Available Buying Power (capital) Stop Location (Risk) % Account Risk OR Fixed Dollar Amount The script includes purchase power protection and won't send an order that you can not afford, it does this by calculating two factors: A - Shares You Can Afford B - Shares at Risk Parameter (e.g. $25,000 account equity, 1% risk = $250 risk, $250 * a stop distance of .10 = 2500 shares) min{A,B} = 0.5(A + B - | A - B | ) But, why male models? I just told you. /Zoolander reference You'd use this to calculate your share total based on what you're willing to risk. So instead of blindly throwing 500 shares at every setup, you can dynamically alter risked amount based on the per-trade setup. I use it on my StreamDeck (will also release the icon packs soon) with modifiers of 100%, 75%, 50%, and 25%. 100% is the A-Plus setups I see, those I have HIGH confidence in. Alternatively, if a stock has a large spread or is low-float, I may only use the 25% modifier key for those. Instructions for Configuration: Go to this link: V2.1: DOWNLOAD ^^ Recommend latest DAS version of 5.4.3.0. Requires DAS version 5.2.0.34 or above (current BETA branch as of 11/19/2018) for the physical stop portion to work. If you don't use the physical stop, you don't have to worry about it. NOTE: Thoroughly test in SIM to make sure it's doing what you expect it to do. Choose: Download the ZIP file and unzip to where you want. On "Setup & Instructions" configure your settings. Account Leverage (default for DAS is 4), this is the margin your broker gives you. Some off-shores give 6. It needs to match what is configured in DAS for proper calculations. Max Account Risk %. This is the maximum percent of equity you're willing to risk on every trade (default is 1%). You can always risk lower (more on that later). % of Total Buying Power. If you don't want to calculate based on the total buying power of 100%, you can set this to a lower percentage (example: 100,000 buying power with 60% here equals $60,000 maximum position size) Route. LIMIT, MARKET, SMRTL. Default is LIMIT. Order Bid/Ask Offset. This is the offset you use when you send the price for order, e.g. "Ask + 0.05" (meaning fill me up to 5 cents above ask) Time in Force. Default: Day+ Default Shares. This is the amount of shares you want to set as the DEFAULT SHARES for all trades (e.g. when you click a Symbol and it loads, this is the share total). You can see why this is here in the technical breakdown section below. Minimum Stop Buffer. This is an offset to the stop distance. If you set this to 0.05, it'll add 5 cents to the stop distance calculation (so if your stop distance is 0.05, it'll be calculated on 0.10). Switch to the "Hotkeys" tab. Choose your preferred style. % Risk of Equity (Dynamic) or Fixed Price (e.g. $150 risk). %Equity Risk: Use the drop down to select what you want the value to be % equity. NOTE: This is a modifier AFTER your account risk maximum %. So if you have 1% account risk, and set this to 50%, your effective account risk is 0.005 --> 0.5%. $ Fixed: Use the drop down to select what you want the value to be for dollar risk. Select "long" or "short" to flip the script's direction. Click the cell that contains the start of the command (E column) and Ctrl + C (copy). Paste it into DAS. It should look like a sample command below. Instructions for Usage: First, you must have "Double Click to Trade" turned on in Chart, Right-Click --> Configure --> Settings --> Double-click to trade. Double click the chart where you want to set a mental stop (it does not place a stop order, you can always put one in after). Hit your configured hotkey. Sample Scripts: LONG: DefShare=BP*0.98; Share=DefShare*0.25* Price * 0.01; Price = Ask - Price + 0.02;SShare = Share / Price; Share = DefShare - SShare; DefShare = DefShare + SShare; SShare = Share; SShare = DefShare - SShare; Share = 0.5 * SShare; TogSShare; ROUTE =LIMIT; Price = Ask + 0.05; TIF=DAY+; BUY=Send; DefShare = 500; SHORT: DefShare=BP*0.98; Share=DefShare*0.25* Price * 0.01; Price = Price - Bid + 0.02;SShare = Share / Price; Share = DefShare - SShare; DefShare = DefShare + SShare; SShare = Share; SShare = DefShare - SShare; Share = 0.5 * SShare; TogSShare; ROUTE =LIMIT; Price = Bid - 0.05; TIF=DAY+; SELL=Send; DefShare = 500; Technical Breakdown: DAS has basic scripting. Montage commands have access to very few read/write variables, basic operations, and only operators of addition, subtraction, division, and multiplication. To do this calculation we need additional operators (min function, and absolute function) and more memory for storage of variables. This command gets around these limitations by using user-writeable areas of memory in the program. Since DAS is written in the C++ language (from what I can tell), it's strict on what can be done in these existing memory locations. The hotkey uses the following items (plus the usual Price -- FLOAT): (Assumptions on Datatypes) DefShare -- INT (Used as a temporary variable for storage) SShare -- Unsigned INT (Behaves like an Unsigned INT in certain situations. Used as a temporary variable for storage) Share -- INT (Used as a temporary variable for storage) With the 3 INT variables, objects are moved around in memory so that we can calculate and compare with our variable limitation (be much easier if we could assign our own). To facilitate the ABS() function, we use a trick --> When a negative value is placed into an Unsigned INT it loses it's sign (thus, it becomes a POSITIVE value in memory). A more detailed technical breakdown (step by step) is located in the Configuration spreadsheet up above. Future Enhancements: If need be, I can make a step-by-step video of this entire process. I have a version that uses an AutoHotKey macro to drop a line at the stop location, I can upload that as well if people want it. ^^ Update, I discontinued this as it was too cumbersome. You had to have two sets of hotkeys for each command. I may someday revisit it if I can build out a configuration tool for it. TLDR: It does the math for you so you can risk a known amount (% or $) based on your per-trade risk position (stop distance). And yes, I'm a bit of a tech nerd. Also, longest post .. ever. Would not read again, 0/5 stars. --- KNOWN ISSUES: %Account Risk gets smaller and smaller when subsequent open positions Reason: No Equity variable, we reverse calculate equity using Buying Power. On subsequent positions, the % (e.g. 1%) calculation will be based on the available buying power and NOT the account equity. Workaround: Precalculate the %risk and use it for the $risk versions. So 1% of $25,000 equity equals $250. SSR rejection on LONG position when scaling out; rejection message (e.g. "Short marketable limit order disable due to SSR!") if using the automatic STOP trigger. Reason: DAS calculates that the position will drop below the open stop order position and reject as this can cause the position to "flip" if it was triggered. Workaround: Have a hotkey to clear the open orders (CXL ALLSYMB), clear it, scale the position (e.g. 25%). Either replace the stop or switch to a mental stop. Alternatively, you can add "CXL ALLSYMB;" to the front of the scale-out hotkeys. You just have to be cognizant to replace the stop order. Equated position size if very small (e.g. 4 or 5 shares when expected is hundreds). Reason: Wrong side was used for the order. E.g. a long hotkey is used when trying to go short. -or- Stop Distance was calculated to be a negative value (clicked too close to current price). Workaround: Be cognizant of the hotkeys used and the stop distance clicked. Clicking too close (a really tight stop) can be very dangerous if you do it inadvertently. TriggerOrder for automatic STOP placement not being sent (no stop order placed). Reason: Montage is not set to a style that doesn't allow TriggerOrder input. Styles not compatible are: Default [DAS's, if you changed it], Basic, OCO, Option, Full Fix: Use a style that is compatible, they are: Stop Order, Detail, Trigger -- I recommended using the "Stop Order" montage style. To change this, right click the montage area around where you'd enter a price and select Style --> Your Choice. --- UPDATES: 10/17/2018 - Added v.1.1 link, you'd need to use the new version to change anything. - General cleanup of the script. Added instructions for the IB issue (discussed in this thread) - NEW FEATURE: Added a new section to the Hotkeys sheet, it will now create a set up for Dynamic Scale-In hotkey commands. You'd use these by setting a scale value (say you want an additional 50% of your current position size). The hotkey will calculate the maximum share you can afford (how much you can afford at the moment) and the scale value, choosing to take the least amount. So if your current position is 1500 shares (@ $50.00) and you want to scale in at 50% your current position, it'd check if you can afford an additional 750 shares, if you can't, it'll buy the maximum you can afford. For this example, you can't afford it (if Buying Power is 100k), so it'd buy roughly $25k worth (500 shares). - CLEANUP: Cleaned up the $Dollar Risk version and removed unnecessary steps. Don't really need to replace yours if they exist, but worth noting. 10/30/2018 - Added @Michael P's suggested fixes for Excel. Configuration tool should now work in both Sheets and Excel. - NOTICE: This was a configuration tool change, no changes were made to the hotkey scripts, so no need to change any existing hotkeys. 11/19/2018 - Shortened some of the commands so we don't hit any hotkey character limit, makes them less readable, but shorter. Couldn't get them low enough to fit the montage buttons though (although removing the portions for the buying power rejection protection would likely do it). - Added a section for SELL/COVER buttons for people who just need to create those. E.g. "Sell 25% position" or "Sell 33% position". - Added @Robert H's stop suggestion. New fields on the setup page for enabling physical stops. If enabled, it'll place a MARKET or LIMIT (settings included) trigger order to go into the market once the initial order is fulfilled, these are placed at the location you double-clicked on the chart. 11/20/2018 - Added a stop-order setting to set an additional buffer for the stop price (for those that want to include or exclude the double-clicked price). - Added conditional formatting to subdue the stop settings that aren't required if you disable sending a physical stop into the market. 12/10/2018 - Added a known issues section to this post and the spreadsheet (for when a new version goes up). 12/12/2018 - Updated known issues section to include the "Montage Style" issue for TriggerOrders. 12/13/2018 - Updated to new version 1.46. Fixed a bug in the Trigger Order script which could cause it to not be interpreted by DAS's command parser on certain user settings. - Added "modifier" extra hotkeys. See instructions next to these on how to use them. - - - Set Stop to Breakeven - Long or Short - Stop Limit or Stop Market (cancels any pending orders for SYMB) - - - Set Stop to Breakeven - Bidirectional - Stop Market (cancels any pending orders for SYMB) - - - Stop - Update Price - Long or Short - Stop Limit or Stop Market (cancels pending orders, double click chart where you want stop before firing hotkey) - - - Stop - Update Price - Bidirectional - Stop Market (cancels pending orders, double click chart where you want stop before firing hotkey) - - - Stop - Update Position - Long or Short - Stop Limit or Stop Market - Replace (requires you double-click the original stop in the Orders window) - - - Stop - Update Position - Bidirectional - Stop Market Orders Only - Replace (requires you double-click the original stop in the Orders window). 8/8/2019 - New version 2.0, download the .zip file and unzip it. - Fixed an issue with some hotkey configurations that may have caused them to be inaccurate in vary rare situations. Recommend recreating your hotkeys in this new version, just to be sure. - Added Profit Target hotkeys. - Added % Scale-In Hotkeys - Added $ Risk Scale-In Hotkeys - Added Short-SSR to Long/Short dropdown for SSR hotkeys (DAS Simulator) - Added Range Order hotkeys - Added Y-Margin Scale Increase hotkey, Y-Margin Decrease, and Y-Margin Reset - Added new sheet "Example - Equity%" and "Example - $Risk" to give a more workflow outlook on what is happening. - Included a ScaleOut worksheet to manually simulate what different scale percentages / scenarios look like (instructions will be in the video). ALSO: Video is done and rendering, I think it comes in at 45minutes with 3.4gigs (4k), so it'll need to be optimized before I upload it to YouTube. Will try to do it today and will update this when done. 9/10/2019 - New version 2.1 released. Just general clean up (UI) and bug fixes. - FIXED: Issue with the Scale-In $Risk hotkeys. - FIXED: Issue with the Stop Update Price long and short hotkeys> ^^ If you use either of those, please regenerate them and replace in your DAS to avoid issues. UPDATES: The majority of this side project is completed and besides a few requests I have in with DAS developers to optimize a few things, out of any major bugs or improved scripting features, I'd say this is about done. I'll provide any edge-case support as need, but I want to move on to other BBT-community projects. So what do I have cookin' for you guys, gals, and cat? You'll see a glimpse in the video of an early prototype (buggy! I programmed that in a few hours, so bugs are expected) of a DAS calculator side program. The newer version (need to finish the UI) will incorporate a lot more in ways of tools for you, including automatically calculating changes without a hotkey intervention. It also allows you to mass-process trade log .csv files you may have exported and compile it into Excel or .CSV for import into other programs. Configuration is drag/drop friendly, so rearranging your columns is as easy as click and holding. I'm also going to shift my attention to finishing my ORB-strategy research. Right now, my datapool encompasses 15000 news article, gaplists for 2011-2019, and 1second data for stocks in that range. It's a data store of roughly 80 gigs. The idea is to test for hidden signals we may not see that can indicate a potential direction of an ORB strategy (if no rare outside influence occurs, like a terrorist attack) by leveraging a consortium of machine learning algorithms to give us a higher probability of success for each day. Depending how the research works out, the end product would likely be a probability predictor for each day. I'll share the research results with the community and may incorporate some other tests as well. VIDEO: Ok, so I may have gone down an editing rabbit hole and that took longer than expected. The videos are up, came in quite long so I chunked it down. Sorry it's a tad scattered and not one-linear cohesive unit, but I tried to mark it up as best as possible. Part 1 - Config / Math - https://youtu.be/YrRrydwGyRY Part 2 - Setup, Quick Examples, Tips - https://youtu.be/pXLlWF7T6hw Part 3 - Sim Trade Example - https://youtu.be/SO9UhJh4dTc Bonus 1 - Scale/Price Excel Calc - https://youtu.be/KTr_iJ2p0TU Bonus Tips - https://youtu.be/sNHXFMoia7A

DAS TRADER PRO ADVANCED HOTKEYS – A PRIMER [2024-04-15: Production v.5.7.9.3] − Speed and efficiency are paramount in the fast-paced world of stock trading, particularly day trading. As traders, we are constantly seeking tools to gain an edge in the market. One such tool that has gained popularity among day traders is DAS Trader Pro, renowned for its robust platform and advanced hotkey scripting capabilities. − As I share insights about DAS’s Advanced Hotkeys, I want to underscore that most of the knowledge I’ve acquired about this craft—like many others in the trading community—was generously shared. I must acknowledge that I have no official affiliation with DAS Trader Pro software and that my present information is based solely on personal experience. − This presentation serves as my way of giving back—a small contribution to the community that has provided me with so much. Everything discussed here is intended for educational purposes only. It's crucial always to conduct your due diligence and independently verify any details, as this responsibility ultimately lies with you. The concept − The purpose of this exercise was to create a set of hotkeys for my trading. My hotkeys came from various good Samaritans willing to share; not all are equally effective. Understanding the complexity of the script itself was challenging at first. It's essential to test your hotkeys before trading, as you may realize they are not working as intended or don't meet your specific needs. − I set out to create a single hotkey script to fulfill most of my trading requirements, from buying options calls and puts to trading shares of stocks, long or short, while managing risk. The accompanying Excel spreadsheet allows you to input your specific settings. Want to trade stocks, long or short? Options, buying Calls, or Puts? Adjust risk levels? It’s all there. You create a script that aligns precisely with your trading style by customizing these parameters. Script Flow In this section, I will summarize the key steps in the script, from initializing variables to setting up the trigger order based on the defined trading strategy. 1. Initialize trading variables using the accompanying Excel spreadsheet (risk per trade, position size, price offsets, etc.). 2. Check trade bias: a. If LONG: Calculate the buy price and set up a SELL stop-loss order. b. If SHORT: Calculate the selling price and set up a BUY stop-loss order. 3. Compute position sizing: a. Account-based sizing uses percent position size, buying power, and risk percentage. b. Risk-based sizing using fixed dollar risk or percentage risk. 1. Dollar Risk : 2. Percent Risk 4. Adjust position sizing for options/stocks trading and ensure sufficient funds. 5. Determine minimum position size based on the lesser of account-based or risk-based sizing. 6. Prepare order details (price, route, time in force). 7. Execute or load the appropriate BUY or SELL order based on trade bias and order status. 8. Set up trigger order with stop type, price, action, and quantity. How to use the Script (please see prerequisite section) Using the script is straightforward if the script is linked to a hotkey: Double-click on your chart at your desired stop-loss price. Fire the hotkey linked to the script Conclusion In the exhilarating world of stock trading, where split-second decisions can either make or break fortunes, speed and efficiency serve as our trusted allies. Time saved is not merely a commodity but the defining factor between seizing an opportunity and watching it disappear. Cross-verifying information remains wise, just as one inspects a parachute before taking the plunge. This presentation humbly supports the trading community by fostering growth through education. Connect with me on X (@ItoThetrader), where I will do my best to address some of your questions/bugs and suggestions and try to improve. Happy trading! Despite my best efforts, there may be some errors in this document. I apologize if you come across any. After all, making mistakes is human, and I am only a mortal armed with a keyboard and a spellchecker. Download the accompanying Excel file Ito DAS Advanced HotKeys Primer v0.16.6.pdf

@members due to very profund changes in the chatroom and my lack of time in the past months the theme shared in the first post of this topic no longer work. I took some time to update the icons for the 6 tabs and few things more. Here is the result. Please refer to the first post of this thread to check how to setup it up ! protradingroom_v3.txt

Hello, I am Rong from Seattle, Washington, USA. I am a software engineer. I just finished my bootcamp training and started using BBT. I trade opening momentum breakouts/breakdowns. I developed trading bots to execute orders for me to achieve fast order submission and following my rules. You can read about my trading bot here https://docs.google.com/document/d/1WN9hR-SVI6q3vMwEA69xNbXWvPmpl2Zt14jnxqHydPQ/edit#heading=h.ajxsjfzc2f52

Hey Folks, I just joined the BBT family about 2 weeks ago. I just moved from Seattle back to STL. Wish I would have known you all lived there beforehand. Either way, I visit Seattle a lot for business, and friends. I would love to meet with some of the BBT family next time I am out there. Don't hesitate to let me know when the next gathering is, because I can definitely schedule a visit back to my second home. Anyways, I appreciate you all for the future lifetime connections.

I will be there! Looking forward to meeting you guys.

We can now process orders anytime, just like if we did it manually. All the details here.

I recently downloaded Thor's NinjaTrader 8 .xml Template file. I could not figure out how or where to put the file in NinjaTrader. I have emailed Thor for help but still no answer. But I did contact NinjaTrader. They responded real quick but were not able to help me get it in the right folder because I really didn't know what to tell them it was. But I finally found some answers on the web which said that file would go in the "Workspace" folder. I inserted it there, restarted NT8 and opened the Workspace "ThorNinja Template" and still nothing. So, does anyone know how to get the file installed properly? Thanks. OK, I found the answer online. For Thor's NT8 Template, upload it on your computer to the "NinjaTrader 8\Templates\Chart" file. You can then open it as new Template in NT8.

Hey everyone! Excited to have found the BBT community. I'm 44 and recently moved to the Cincinnati area. I have driven past a billboard about learning day trading for over a year now, and for some reason it resonated with me this week. Mainly I think what prompted this was listing to Tom Bilyeu taking about breaking the time for money equation. I've had in interest in stocks and stock investing for a long time now, but I've always hesitated about day trading for all of the negative stigma around it. But as I started to look into this one company's training program, I started looking around the marketplace and Reddit and have come to believe the overwhelming feedback out there that you don't necessarily need to pay for expensive trainings and individualized coaching, but you DO need an appetite and willingness to learn and the support of a strong community. Enter BBT. I found Andrew's book and the BBT podcast and am grateful for both! I'm not all the way through the book yet, but I'm excited to crush it pretty quickly, join the next onboarding training, then getting after it! I'm really looking forward to getting to meet everyone, learning the trade smartly, then graduating to real investments in the near future. Cheers! 😃

I've been waiting for Thor's book release to share a gift. I've been working for months on my Cam study for ToS. I would like to present version 1.0 with and without premarket data. And more importantly, it tells you whether to look at cams with or without, and by default only shows you the cams based on Thor's teaching! The option is there to see both, or just one or the other too. Enjoy! https://usethinkscript.com/threads/camarilla-pivot-day-trading-system-for-thinkorswim.12988/

Certainly, let's explain the terms with a little help from Google and ChatGPT! 1. **IDAS** IDAS is the DAS Trader Pro platform designed for mobile devices. 2. **TotalView** TotalView is Nasdaq's premier data feed, which displays every single quote and order at every price level for Nasdaq-, NYSE-, MKT-, and regional-listed securities on Nasdaq. It provides visibility into all displayed quotes and orders attributed to specific market participants, including access to total displayed anonymous interest. 3. **IEX Deep** DEEP is used to receive real-time depth of book quotations directly from the IEX Exchange. The depth of book quotations received via DEEP provides an aggregated size of resting displayed orders at a specific price and side, without indicating the size or number of individual orders at any price level. 4. **Forex (Foreign Exchange)** Day traders in the foreign exchange (Forex) market engage in buying and selling currency pairs within the same trading day, with the aim of profiting from short-term price movements. Forex is highly liquid, and day traders use leverage to magnify potential gains or losses. 5. **FLOAT Data** In the context of day trading, "FLOAT" typically refers to the public float of a stock. The public float represents the number of shares available for trading by the general public, excluding closely-held shares. Day traders often consider the float when assessing the liquidity and potential price movements of a stock. 6. **Replay Level 1** Traders can use the ability to replay Level 1 market data to analyze their past trades or to practice and refine their strategies. It allows traders to review the last traded price, bid and ask prices available during historical trading sessions. 7. **ARCA OPRA** For day traders, "ARCA OPRA" might refer to options trading data on the NYSE Arca exchange that is reported to the Options Price Reporting Authority (OPRA). This data is crucial for options traders to make informed decisions regarding options contracts listed on the NYSE Arca. 8. **Level 1** Level 1 data, in day trading, provides essential real-time information, including the last trade price, bid price, and ask price. Day traders often use this information to monitor current market conditions and make quick trading decisions. 9.** Level 2** Day traders rely on Level 2 data to gain a deeper understanding of market depth. It includes a list of current buy and sell orders, the number of shares or contracts available at each price level, and quotes from market makers and ECNs. This detailed information helps day traders assess market liquidity and identify potential entry and exit points for their trades. voilà! AND the realtime data feed is included in those DAS subscribtion!

https://drive.google.com/file/d/19IWyAmJcFg4x05KFu6pxzMbUKx6wmAvX/view?pli=1

Just to confirm, the proper order is: 1. double click the StopLoss price 2. hit the entry button (order fills) 3. hit the exit button (without clicking on anything) 4. go for a swim in the pool 5. come back later and count your money I'm glad to give back to the community. (and programming hotkeys is fun!) Good luck! Russell

Okay, I've got some HotKey Scripts for you to TRY OUT IN SIM. (never test things live) Each trade has two HotKeys. The first one is the entry order where you double-click your Stop-Loss point. (I basically just removed the TriggerOrder from your HotKey Script and moved it to my Exit Script) The second one is the exit order which you would place immediately after your entry order is completely filled. Don't double-click anything between the "fill" and when you activate the Exit HotKey because it gets it's calculations from your Entry HotKey. Here is what the Exit HotKey does: 1. places a one-share RangeMarket order with a 1R/1R range. 2. Triggers a remaining-shares RangeMarket order with a 3R/BE range. There is no other way to do what you want (as far as I know) without the tiny one-share order to trigger the Stop-Loss move to B/E. With these HotKeys, this is what "should" happen (and it worked for me in SIM today). If your 1R Stop-Loss is hit, the Trigger order exits your WHOLE position "near" your target Stop-Loss. If the 1R profit point is reached, you will exit one share, then the Trigger order will be sent so that you will either profit 3R or B/E on the remaining position. (You could change the exit orders to exit more of your position at 1R if you want to use these HotKeys to "partial" at 1R... something like Share=POS*.5 or Share=POS*.33 with your Trigger order remaining Share=POS) Be aware, the first exit order of one share will cost you about $1 in fees more per trade if you are with IB. (I mistakenly said $2 earlier) (Fees are no longer a danger when your orders are more than 200 shares) Here are the Scripts, you should be able to copy-paste them directly into your HotKeys. LONG ENTRY CXL ALLSYMB; StopPrice=Price; DefShare=BP*0.975; Price=Ask-Price+0.00; SShare=25/Price; Share=DefShare-SShare; DefShare=DefShare+SShare; SShare=Share; Sshare=DefShare-SShare; Share=0.5*SShare; TogSShare; ROUTE=LIMIT; Price=Ask+0.1; TIF=DAY+; BUY=Send; DefShare=200; Price=Ask-StopPrice*3+Ask; LONG EXIT CXL ALLSYMB; Route=STOP; StopType=RangeMKT; LowPrice=StopPrice; HighPrice=AvgCost-StopPrice+AvgCost; Share=1; TIF=DAY+; Sell=Send; TriggerOrder=RT:STOP STOPTYPE:RANGEMKT LowPrice:AvgCost HighPrice:Price ACT:SELL QTY:POS TIF:DAY+; SHORT ENTRY CXL ALLSYMB; StopPrice=Price; DefShare=BP*0.975; Price=Price-Bid+0.00; SShare=25/Price; Share=DefShare-SShare; DefShare=DefShare+SShare; SShare=Share; Sshare=DefShare-SShare; Share=0.5*SShare; TogSShare; ROUTE=LIMIT; Price=Bid-0.1; TIF=DAY+; SELL=Send; DefShare=200; Price=StopPrice-Bid*3; Price=Bid-Price; SHORT EXIT CXL ALLSYMB; Route=STOP; StopType=RangeMKT; HighPrice=StopPrice; LowPrice=AvgCost+AvgCost-StopPrice; Share=1; TIF=DAY+; Buy=Send; TriggerOrder=RT:STOP StopType:RangeMKT LowPrice:Price HighPrice:AvgCost ACT:BUY QTY:POS TIF:DAY+; Hope this helps, Best, Russell Landwehr

Hi, most people here use DAS, including Carlos (I used to but don't anymore). If I was choosing one or the other then I'd choose DAS but Bookmap complicated matters for me. It depends what kind of trading you're doing, if you're a scalper like Andrew then DAS is better. The executions are better so those split seconds count as you're entering at the point of the market where you often expect it to go immediately. This is what DAS is going for, quick executions. IMO the executions in TWS are fine if you're looking for more point to point moves but aren't as quick as DAS. In terms of charting TWS is missing some features that DAS has that people here use such as highlighting bigger orders on Level 2. However, this isn't a strength of DAS either vs other providers (as I mentioned their focus is execution speed) for example things like volume profile is incorrect in DAS because they use a less data intensive method for the benefit of speed rather than do it accurately (I asked them to do it properly but they refused and said they don't intend to fix it). Therefore depending on what you're using you may be fine or you may have issues with charting (with both) which is obviously a difficult question to answer for a newer trader. DAS has replay which is also helpful for a new trader but BBT now has a free replay on trading terminal so it's not as big an issue now vs when I started. DAS hotkeys are more customizable, things like fixed risk hotkeys are missing in TWS. So DAS has the edge throughout but the reason I went to TWS from DAS is Bookmap, imo it helps tremendously read Time & Sales and Level 2 and my decisions as a result are much quicker (far outweighing the benefit of DAS execution speed for me, also should point out DAS was around 200-250ms delay for me vs I think 50-100ms for some NA traders because I'm based in Australia), many members here use bookmap. It's lacking education content in BBT at the moment (but I believe is coming) because Thor is the only mod who uses it and has just started. I'm using bookmap to chart in the shorter timeframe and make decisions. DAS therefore became a $200 a month (stocks and futures) platform just for execution and I don't see the value for the type of trading I do (not scalping). I only use TWS for a little bit of charting and execution really, I won't necessarily continue executing in TWS as it doesn't give me everything I want but doubt it would be DAS either. As I said most people here use DAS so I will say my opinion isn't the consensus opinion.

In this video AdventureDogLA shows us how to set up Risk Controls in DAS Trader Pro. Risk Controls enforce limitations such as maximum daily loss, maximum shares traded per day, etc. Risk Control Page is a safety net to keep in control our loses, either to have an external control over our behavior as traders or due to a contingency such as failures in the internet connection, electric power outages, broker failures, etc. You can find "Open Risk Control Page" in DAS Trader Pro Account window, just right-click in any row of that window and Risk Control Page will open as a popup browser window to let you update your risk control settings. Some considerations: 1. This configuration works with real accounts and simulator 2. You can deactivate settings "Risk Control Page" anytime by leaving all in blanks and clicking SUBMIT 3. When you are using DAS linked to IB, or simulator, the Risk Control settings are handled by DAS. DAS staff updates your settings manually (the form is emailed to them) anywhere from 2 to 30 minutes during business hours. 4. In LOSS fields, enter a positive number. 5. “No new order” avoids orders for the current day 6. “Pos Loss” = Position loss. 7. “Enable Auto Stop” will automatically close your positions when you hit the Max Loss / Total Loss. 8. “Max Share - Max auto stop execution share per day” = How many shares can be sold / bought by the Auto Stop mechanism. 9. “Max Auto Stop Order Size” = Maximum size per order made by the Auto Stop mechanism. 10.“Delay for next order if exceed max order size (sec)” = Time between orders if the Auto Stop needs to place multiple orders to close your positions. 11. “Stop Gain Account Net Realized PL Thresh“, “Drawdown Percent of Max Net PL“ , “Pos Stop Gain Thresh “ and “Drawdown” - Like Auto Stop but for gains. The threshold is the profit the Stop Gain is looking to hit, the Drawdown is how much it can drop from that target before your positions are closed. Example, you set a threshold of 2000 and drawdown of 20(%). When you make 2000 in P/L, the Stop Gain will trigger, and will close your positions if you drop 20% ($400) from that value, closing you out at $1600 Net P/L.

Hi Guys, I wanted to share a hotkey command / script I got from @Robert H that I find very useful. Let me tell you a short story about my frustrations in covering a position. There were times that I'm in a stock just right at the open and it shoots super fast and in favor of my direction. Ofcourse your initial reaction is in shock for few milliseconds. And Instead of covering my LONG/SHORT position, I always end up adding half or full at your target. Imagine how stressful that was! So I've always been curious if there's a magic hotkey to cover either a LONG or SHORT position without worrying which side you are in. And believe or not, @Robert H has the answer! Not sure if some of the guys in our BBT forum has this command already but Let me share it anyways and see if we can tweak it for our favor. ROUTE=SMRTM;Share=Pos*0.5;TIF=DAY+;SEND=REVERSE (for half position Long/Short) ROUTE=SMRTM;Share=Pos;TIF=DAY+;SEND=REVERSE (for full position Long/Short) The only issue I think with this I guess is, it's set as Market order. Meaning, you can get filled at any price (blank cheque) and this is bad if you are trading non liquid stocks or stocks that has huge spreads. This is probably only suitable for smaller trade sizes or with liquid stocks that has tight spreads. If someone has an idea to convert this into a LIMIT order to Hit the Ask when you're LONG and Hit the Bid when you're SHORT that would be great! Hope you find this hotkey useful somehow. Cheers, Ryan (ryan_pdt)

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!

just click the Popup button in the Misc section

Thanks for sharing Michael. I am really interested in the outputs you get. This is a great idea and one I have been playing around with as well. However, yours is a little more sophisticated. I haven't read the bigegst looser so not familiar with the premise of its style, but still curous as to what it will output.

Grok is not as smooth and intuitive. Grok has a new feature called "Workspaces". I uploaded all of my material. 95 pictures of my hand written notes, 55 screenshots of my DAS trades (trades, orders, positions windows), my rules and a book i am reading for reference (Best Loser Wins). Now that my material is uploaded, i can interact with it. i asked it how to begin and it spit out a lot of instructions. i will update as i work through this. There's 7 steps. Here's a sample of what it spit out: Step 1: Analyze Your Uploads You’ve shared four key pieces of information: 95 JPG notes: Likely your daily observations, setups, or lessons. 55 JPG trades (Jan 13–Apr 10, 2025): Mixed SIM/live trades, giving insight into your performance. PDF book: A reference you rely on (please confirm the title or key concepts). Your rules: Your personal trading guidelines. Action: I’ll analyze these to identify patterns, strengths, and weaknesses. For now, I need clarification on a few things: Notes: Are these daily market recaps, trade reviews, or something else? Any specific format (e.g., screenshots, handwritten)? Trades: Can you confirm the rough win rate or average profit/loss from these trades? You mentioned you’re unsure, but even a guess helps. Book: What’s the title, and how do you use it in your trading? Rules: Are these strict (e.g., max 5 trades/day) or flexible? Any rules you struggle to follow? Goal: Understand your current process to tailor advice. For example, your “Thor Cams” (Camarilla Pivots), “Avinacci” (custom Fibonacci-like levels), and “Phil’s Key” (3R–5R hotkey) suggest a technical, systematic approach. We’ll refine these.

just go here and do not forget to read this as well as there are some requirements to be set in the settings too

EDIT: it looks like everyone who was planning to join replied, but just in case, we are meeting at Cactus Bellevue Square - 535 Bellevue Square, Bellevue, WA 98004. Seattle is craziness today!!! Hi BBT! A few of us are planning to meet in Seattle on evening of 7/21 to meet, chat, talk trading. If you are in the area and would like to join, let us know! Feel free to msg me at (808) 386-5922, and I'll add you to our Whatsapp group (if you'd like).

switched to (the Bellevue mall) Cactus Bellevue Square - 535 Bellevue Square, Bellevue, WA 98004, starts in 1HR, see everyone there, I think we have about 6-7 attending.

Hello, my name is Lumir, and I am a Cloud Storage Engineer from the heart of Europe, the good old Czech Republic. Trading has always fascinated me, but I just never got into it—until now, that is. Of course, I finished Andrew's book on day trading and am currently learning all the pieces and possible strategies while watching other people trade. This week, I have 40+ hours in the simulator, slowly building up my skills and testing things. It's been so much fun to learn something so awesome and possibly life-changing. What could help me is that I played poker for a living for a couple of years, so I can calculate risk and profit quite fast, it seems. Anyways, I look forward to working with this community. If you'd like to do a meetup in Prague, it's an amazing city.

📉+$1022 TSLA Breakdown from Previous Day High, AMD/NVDA VWAP Breakouts🚀 Trade Date: 7/5/24 TSLA, gapped up and extended on the daily, saw a rejection of R1/R2 and was testing previous day high. I shorted at the break of PDH to S1/PDC and all out at S2 before the bounce. AMD, gapped up on the daily and ran from the gates. Sold off hard to R5/R6/Pre-Market High but bounced back to the trend lines on the 1 min. I went for a hold of trend and VWAP breakout, initial small size, then added as we held trend and were making higher lows. There were no cam levels to partial at and used HOD and pure momentum to exit. This was a hard trade to gauge however QQQ was breaking out. NVDA, rejected R2/PDC early but was holding VWAP. Went long for a scalp to R1/PDC. The 5-min chart was ugly and I did not feel confident holding this beyond momentum thrusts to liquidity pools. Thought we would test PDC again but we were rejecting and exited at B/E before the selloff! #TSLA #TESLA #AMD #NVDA #NVIDIA #VWAPBreakout #LODBreak

Hi Gideon, I am also a UK day trader. Have been investing in stocks for 4 years but only now just looking into day trading. I set up my IB account yesterday and my journelling account today. I think we have a benefit to trading from the UK as our trading day starts at 1.30pm so not too early!

$PRICE+($TARGETR*2); this is not possible in DASTrader as it dooes not know the mathematical logics and brackets you need to do $PRICE+$TARGETR+$TARGETR instead see the log for the errors you get. there will be an error about route not being "LIMIT" etc. overall you should switch to the new syntax and forget the old one as the calculations done in the old syntax are now useless and it will be easier for you to understand what is going on rather than studying why the switches between SShare and Share are there

Hi All, I am also in the Seattle area (Bainbridge Island) and was at the Vancouver Summit. I would love to connect with other traders in the area! Sophie

Sorry guys I didn't see everyone responding to this thread, just updated my notifications! I'm in Kent, not sure where everyone else is, maybe a central location in Seattle itself, perhaps the weekends, Saturday evenings? feel free to text or call me 203 644 3879.

Hi guys, I recently joined BBT and I am in Seattle area. I am looking for a trading pod and create an accountability group like Viktoriya mentioned. If you guys are meeting up/sharing daily trades etc., it would be great if I can join.

I use both, and from my experience, some orders do not get filled, and has a huge slippage on the stop market orders. Especially volatile stocks with wide spreads like nvda. You have to do the math, for the vol of shares I trade on nvda, the avg cost for the week using IB is around $60, about 250/mth. TD, free. But I do notice that I have bigger slippage, sometimes up to .30-40 on entries, and stops compared to IB. However, the overall performance on stocks that has slower moves, and tighter spreads, such as $aapl, not much of a difference. it is a toss up for now, but as you move into bigger shares, and volume, then you have to calculate if the slippage loss on a given stock is worth the commission free trades. For now, yes for me on nvda, since most of the time, I am looking for min. of 2-4 dollar move, and the .15-25 slippage in entries, are. usually 5-7.5 loss, but make up for it in the trade. Limit orders are decent, but market orders execution on TD is terrible. But as i said, I have never been able to accurately tell how much slippage, but some of the stop/market orders have slipped by .20-35 cents. If you have 100-200 shares, that's 35-70 dollars. Yes, I have seen such loss on a stop that is suppose to @b/e. However, Ib has some slippage on market orders, and stop/market. But it is usually .5-10 cents. Nominal. What I am thinking of doing is placing a bracket order .25-40 cents in front of my b/e limit order. The only danger about using a limit order, if it doesn't get filled, you can face a big loss. Stop market, you will get filled, but not at the price you have it placed, due to the slippage. so, yeah, one of those things that we deal with. I can't help but to think the mm and the brokers benefits from this somehow, but there is no way to prove it. I think they use micro pennies to make profits, but probably make a killing taking in the diff between a spread, and the slippage, if they can slip it in there. 🙂 Happy trading Everyone.

Chapter 6 - Mindfulness - Awakening the Observer of the Self An unexamined life is an unlived life. Bc it causes momentary discomfort, you & a multitude of others avoid looking deeper - beyond the surface of our thoughts & identity. Rande continues on to tell us to become successful as traders we have to look beyond the surface. for me; the concept of becoming the observer has been a great learning experience. Realizing that I am not my thoughts and I can let thoughts just pass by without becoming swept away with them produced a humble power within… it takes time & dedicated practice to become a mindful, disciplined person & traders. This is the road I’m on… I am humbly proud of the progress I’ve made, but know I’m not at self mastery which is my ultimate goal. I think it’s a goal you work at forever. I do think some can be considered “self masters” but I believe this means they have the ability to choose long term goals over short term rewards/impulses. They have examined and continually create their thoughts/lives/etc.

Chapter 5 - Reinventing the Self: Creating a Trader's State of Mind This bundle of beliefs, perceptions & biases we call conversations in the mind are what determine how we trade. These elements must be brought into awareness, examined & reorganized. The key is to move from a belief system that is galvanized on not losing to a mindset that is focused on managing risk so that the probability of success is in your favor. Changing beliefs is not a mechanical process where you can take part off and add a new one...you have to grasp that you have to disrupt the biology of pattern or the old historical belief will reclaim perception - IE why diets fail - overeating is merely a symptom not the problem. Cannot focus on "not losing" rather on "maximizing profit" To master the market; you will have to master yourself. You cannot control the market, but you can learn to control yourself. As with the saying it is not what happens to us (as this is often out of our control), but how we react to what happens to us ....in trading it is not what the market throws at us, but how we can react to what we are being thrown... All emotions, including our most primitive emotion which is fear, have a particular breathing style attached to them. Most people hold their breath or start breathing faster... yogis & Buddists were able to reduce stress levels (even blood pressure & other measurable traits) through breathwork. This is the 1st step for the trader - the breath work. You can begin when you "notice" a change in breathing, but as you move further along as the "observer of self" you will get to know your triggers & can implement a bellow breathing framework to begin when you are about to engage on one of your triggers. IE - you hold your breath when you enter....if you know this - start breath work when getting ready to confirm entry and continue until "out of the weeds" with this trigger. Beliefs will also need work, but breath work is a very powerful step 1. If breath not managed under stress - air supply needed by brain is compromised and this leads to a fight/flight response. 80% of illness is related to stress. Vast amount of people (including traders) breath in a way that supports stress. Diaphragmatic/bellow breathing - rote training - 10 breath per session and keep increasing it... practice multiple times per day throughout the day - you will see results quickly...practice when trading so your brain starts building the habit, but also practice outside of trading. Safe Place - explain what it is and examples... utilize 5 senses

Test in simulator and adjust as needed: Buy ROUTE=SMRTL; Share=100; Price=Ask+0.10;TIF=DAY+;BUY=Send; Sell Partial 25% CXL ALLSYMB; Share=Pos*0.25;ROUTE=SMRTM;TIF=DAY+;SELL=Send;TriggerOrder=RT:STOP STOPTYPE:MARKET STOPPRICE:AvgCost PX:AVGCOST ACT:SELL QTY:POS TIF:DAY+ Sell (or short) ROUTE=SMRTL; Share=100; Price=Bid-0.10;TIF=DAY+;SELL=Send; Cover 25% (or buy)} CXL ALLSYMB; Share=Pos*0.25;ROUTE=SMRTM;TIF=DAY+;BUY=Send;TriggerOrder=RT:STOP STOPTYPE:MARKET STOPPRICE:AvgCost PX:AVGCOST ACT:BUY QTY:POS TIF:DAY+ Exit at Break Even CXL ALLSYMB;ROUTE=STOP;Price=AvgCost;StopType=MARKET;STOPPRICE=AvgCost;StopPrice=Round2;Share=Pos;TIF=DAY+;Send=Reverse;ROUTE=MARKET;

It is said ( from the trading books and experienced trading mentors) that it is better to stick with just one ( or at most two ) strategy for either day trading or swing trading. The advantages include: - by focusing on one strategy, you can better ( easier ) find out the accuracy and profit/loss ratio of your strategy; by a number of testing. - there are all kinds of entry points / setups during the day in the market, by " filtering out " the various opportunities and narrow down to just one type of setups ( entry points ) , you are easier to react to price actions that keep moving and changing, and your emotion will be more stable and easier to control and be calm. It is said that " do not attempt to catch all opportunities in the market " & " Less is more". Hope it helps.

Many new traders struggle to learn level 2. This was a challenge for me as well. Its WAS like kryptonite, .....................No more. (Read full thread for knowledge). The Bookmap education series teaches how to use the trading tool BUT also it teaches you the mechanisms of the market and how to read in bookmap L2 which can easily be translated into the DAS montague and Time & Sales. In my opinion the Bookmap education series is a MUST for any trader. Start with the link below. As u watch the video remember the following two points: 1. MARKET ORDERS move the market (aka aggressive orders the balls) 2. only LIMIT orders (aka passive orders) are shown in the book of an exchange(Pools of liquidity). Price generally moves to LARGE pools of liquidity, i.e. LIMIT orders. WARNING: The ease of use is unbelievable, u will be tempted to buy. (Watch more on YouTube channel.).......then submit to ur temptations. SUGGESTION ON HOW TO WATCH PRICE--- As PRICE approaches a level focus ur eye on the T&S window initially, top line, (eyes should move from T&S to L2 in montage back to candles, then to T&S) and watch the price and size of the BID/ASK. This tells you exactly wht will happen in the next few seconds and the potential start or failure of a move/swing. This indicator only tells you the start, does not allow u to read if it will continue. (Tht is for another post/thread soon.........).

UPDATE: I got the stops! So I got a way to easily move your stops to break even while keeping your profit targets. This is something you would likely want to do when you are up 1r. One weird thing about it is that you need to double-click on the chart where your ORIGINAL stops are before hitting the hotkey (or where your stops were originally should you have removed them first). This is how it knows your profit targets. You can of course do this at any time at any place on the chart should you so desire. So I'm now just using Kyle's hotkeys that simply gives a stop where you clicked on the chart, and then if I intend to hold it longer, I just convert it to the range with b/e stops using the hotkeys below. I think it's the best of both worlds for short holds vs. long holds. Long: CXL ALLSYMB;Price=AvgCost2-Price;Route=Stop;StopType=Range;LowPrice=AvgCost2;HighPrice=AvgCost2+Price+Price;Share=POS*.25;Sell=Send;Route=Stop;StopType=Range;LowPrice=AvgCost2;HighPrice=AvgCost2+Price+Price+Price;Share=POS*.25;Sell=Send;Route=Stop;StopType=Range;LowPrice=AvgCost2;HighPrice=AvgCost2+Price+Price+Price+Price;Share=POS*.25;Sell=Send;Route=Stop;StopType=Market;StopPrice=AvgCost2;Share=POS*.25;Sell=Send Short: CXL ALLSYMB;Price=Price-AvgCost2;Route=Stop;StopType=Range;LowPrice=AvgCost2-Price-Price;HighPrice=AvgCost2;Share=POS*.25;Buy=Send;Route=Stop;StopType=Range;LowPrice=AvgCost2-Price-Price-Price;HighPrice=AvgCost2;Share=POS*.25;Buy=Send;Route=Stop;StopType=Range;LowPrice=AvgCost2-Price-Price-Price-Price;HighPrice=AvgCost2;Share=POS*.25;Buy=Send;Route=Stop;StopType=Market;StopPrice=AvgCost2;Share=POS*.25;Buy=Send Enjoy!

Hey, I opened up a personal account since I'm trading (and filing taxes) under an individual (non-business). In your case, I would assume you open up as a professional if you are trading under a business entity. However, I would double check with IB to see what their definition of "professional" because it can be confused with a "pro" trader (IE. insider, director, spouse of insider, etc...) Currently, I'm trading as under "personal" and plan to file taxes under self-employed (if I make money LOL). This is because it's the simplest way so far. Once I get consistent and profitable with my trading, I'll eventually incorporate and file taxes as a corporation. The main benefits to doing so would be limited liability and decrease taxes. Some disadvantages would be cost and complexity for accounting (book keeping and tax reporting). I plan to do all the bookkeeping and tax reporting myself as I really don't trust accountants especially for the cost to pay them. In general, there are 3 ways to file day trading taxes as a Canadian: 1) Self employment 2)Business Income 3) Corporation **Also this is not to be confused with swing trading or investing as you can utilize a TFSA account for tax benefits. I'm talking strictly day trading.** Check out these resources for the details: https://bearbulltraders.com/course/technology-monday/lesson/broker-trading-platform-tax-services/topic/managing-taxes-for-canadians/

Hello, Following hotkey is Kyle's for dynamic risk based off your stop-loss and entry: StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=50/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+; This is my edited version: StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=280/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTM;Price= Ask+0.00;TIF=DAY;BUY=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY; It is modified slightly with Ask+0.00 instead of Ask+0.05, and DAY instead of DAY+. Today I took a trade on SPI with a .20 stop-loss, risking $280. So 280/.20=1400 shares, but I was only bought in with 233 shares. Any ideas why that might be would be appreciated, this has happened a couple times now, seemingly randomly. Cheers, RR

Hi Matt. Journaling your trades while in sim will help to build your habit to do it and to improve as you advance in your sim training, so when you start live your journaling skills will be developed and template will be tested, improved and ready. Before activating your DAS sim subscription make sure you: Watch all Classes and DAS Lessons in Education Center. read this forum post too. If you are a Lifetime Member watching Success Webinars and Psychology Webinars is advised. Ideally you should watch all the content in the Education Center and webinars. Take a look at this 12 week simulator program. You want to be familiar with everything in that program. Watch these DAS Trader Tutorials in youtube. Every week we add new videos. Prepare your trading plan and journal template. In the Downloads section of the website you will find a Trading Plan and Journal template https://bearbulltraders.com/lessons/trading-plan-template-2/ Download the BBT TradeBook from the Downloads section of the website. Review it and adjust it as needed. Use our Knowledge Base and Forums to search the questions you may have. If you search and don't find answers, ask here in the forums. When you are ready, download the DAS 14 days free trail and set it up as you prefer. After the 14 days you can activate your 3 months DAS subscription, keep using the same DAS installation you used for the trial. Best.

For free backtesting, you have to know how to code. Quantconnect and Quantopian offer free access to their data packages if you use their cloud to program your script and test (they can see the results, btw). There's a few standalone programs that do it, but they're expensive, and don't include the data (I think one is called Arbiter or something like that). Quality data for a lot of stocks is expensive (I think 10 years of S&P500 symbols at 1 second resolution is like $20k). If you have the data, can program, and want to set up something local there's a few great Backtesting programs written in Python on GIThub. I wouldn't bother with TradeIdeas, their backtesting only goes back to 90days last I checked. It's way too easy to overfit and the small sample size of only 90days will make the algorithm very susceptible for erratic performance. You generally want to optimize for years of data and then test for another set of years the algorithm/strategy has never seen. DAS Replay is a great mode for visually / manually backtesting a strategy, but you can easily introduce various biases in doing so. They have data going back to Oct/Nov 2018 if I recall.

Saludos a todos ! Soy Pablo, conocido también como Aurbano en el chat ... y aquí estoy desde hace más de 1 año tratando de ayudar un poco con lo poco que he aprendido a base de pelearme con la plataforma jejeje Soy Español, y durante 20 años me he dedicado al mundo de la consultoría técnica y consultoría de negocio.... acabando en el trading como una nueva forma de vida. Un saludo a todos compañeros ! Pablo

I am using a streamdeck XL. Thanks to Kyle for the ICONS and DAS scripts. I can now focus on process, trading well and less calculating. I am testing in SIM, and I may need to separate the LONG MENU and SHORT MENU to different profiles.

Hi Kelly, You do not have to pay for both, when you get Das Trader Pro with IB or any other broker. It comes with a demo account as well. That is included in your monthly fee, you will only be paying $150. It is also very easy to switch from Live to Demo with Das Trader Pro. There is one login only but once you log in you have several options to switch from Real and Sim, you can do it manually on the montage, you can define it by hotkeys or you can change the overall global setting to Real or Sim. This post has more information on how to switch between sim and real. Hope this helps. Thanks.

TWS is terrible at letting you personalize the appearance of things. It's a real nightmare to deal with colors. I tried to put it in white too but it's just nowhere as clean as DAS or TradingView lets you do it. Also, I've never seen a Times & Sales so useless... can't get the text to be in color like in DAS. I'm really considering the switch to DAS but I'm afraid I'll miss some stuff like the fact that I can place trades directly on the chart with a shortcut and a mouse click.

Hello Everyone, I wanted to start a post for anyone planning to go live in November, or who has recently gone live in the past 30 days. I feel that sharing our trading experiences with others who are in the same place in their trading journey can be extremely helpful. After reading Andrew's books, listening to the classes, psychology rants by Robert, and lifetime webinars, I believe stating your goals, risk controls, and allowing yourself to be held accountable is vital to getting through the learning curve without completely blowing up your account. So in an effort to hold myself accountable, below is my plan for the 1st month along with the goals and risk controls to help me get through it. Live Date – November 5, 2018. I can’t trade November 1 or 2. Share Size – 100 Daily Goal – $20 (1/5 of my planned daily goal once I make it through the learning curve). Daily Max loss – $60 ($20 per trade) Goals for the Month 1 1. Do not blow up my account 2. Have a 2:1 ratio at the end of the month with average winning trade versus average losing trade 3. Have above a 60% average win rate 4. Daily goal is a metric to measure profit taking plan efficiency, not an amount to hit every day Risk Controls in Place for Month 1 1. Max loss: 100 2. Max Shares traded in a day: 800 Trading Methodology for Share Size Increase/Decrease 1. Increase share size by 50 shares every time I trade 5 consecutive days green 2. Decrease share size by 50 shares every time I trade 3 consecutive days red 3. After 3 consecutive days red, return to sim until 3 consecutive days green 4. If max loss is hit for any reason other than internet connectivity issues return to sim for the remainder of the month. 5. If max shares reached, return to sim for the remainder of the week. Looking forward to beginning the journey of live trading and tackling the infamous learning curve with some other traders. It would be great to see who else is going live and develop a support group. Thank you!

Greg, which version of DAS are you on? Go to Help > About. I think the DuplicateWindow feature was only added as of 5.2.0.15. You can update to the latest version by going to Tools > Auto Upgrade. Make sure to backup your settings via Tools > Backup Settings.