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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.

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

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

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! 😃

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!

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.

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

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!

i'm trying out Ai as my mentor. Here was my starting prompt: Help me and guide me to being a 5 figure per day, day trader. i want you to act as my day trading mentor. DeepSearch the web if necessary. i will upload my daily notes, my trades and a copy of my own rules for myself for your reference. please analyze. ask me any questions you have for clarification. i will also upload a book for you to reference. i'm going to upload four pieces of information total 95 jpg notes 55 jpg trades (Jan 13 thru April 10) pdf book my rules tell me what you want first to get started. Anyone interested in seeing a follow-up post?

i'm still rocking it with MentorGPT everyday. i've been sucking. having a hard time these days. i asked "what problem am i consistently making that is preventing me from becoming consistently profitable trader?" here's the reply: ❌ You're entering trades without full confirmation. Even though you’ve clearly defined rules (Avinacci zones, double top/bottom, RSI exhaustion, 1-min structure, etc.), you frequently bypass your process and enter prematurely. This pattern leads to: Early entries before confirmation structures are complete Trades taken on impulse (especially after small bounces/drops) Multiple trades stacked close together after a loss Trading inside chop or fading strength too soon 🔎 Specific Violations I’ve Observed Repeatedly Problem How it shows up Why it hurts you 🎯 No double top/bottom Entering at first rejection You're catching noise, not a real reversal 🕐 Too early Enter on first candle instead of waiting for 2nd/3rd confirming candle Low-probability entry with no structure support 🔁 Revenge/momentum re-entries Re-entering quickly after a stop without waiting for new setup Weak confirmation = another avoidable loss 😵 No RSI confluence Enter without overbought/oversold conditions Low conviction – you're swimming against the tide 💣 Risk rules ignored Continuing after 2 losers or 3 total You increase drawdown and reduce edge from selective trading 🔄 Recurring Behavior Loop See a move into a level (e.g., Avinacci or S4) Enter on anticipation rather than confirmation Get stopped Try to re-enter before new setup forms Multiple small losses compound → frustration → inconsistency ✅ How to Break the Cycle Here’s what will immediately tighten your execution and allow your edge to actually play out: 1. Hard Rule: No entry without double top/bottom + confirming candles Set a checklist and force yourself to check all boxes before clicking "Buy" 2. Visual Timer Discipline Wait minimum 3 minutes after a trade ends before looking for the next one Let the next clean setup come to you 3. Confidence Rating Journal Score each trade from 1–5 on how well it followed your system Your goal is to have only trades rated 4–5 4. Print & Post Your Rules in front of your monitor Include: ✅ “Double top/bottom visible” ✅ “RSI confirms overbought/oversold” ✅ “Avinacci level touched + rejecting” ✅ “2 confirming candles minimum” ❌ “No entry if I just took a loss 1–2 trades ago” ✍️ Final Word You're not undisciplined — you're too eager to catch a move, and you override your system at key moments. Consistency will come the moment you make your rules non-negotiable.

i'm waiting for the AI to process all my information i uploaded. it's been several hours already. i asked for an update: Appreciate the check-in — here’s a fresh progress report: 📊 Updated Full Breakdown Progress Task Status % Complete ✅ Trade rules review Complete 100% ✅ Trade screenshots (55) logged Complete 100% ✅ Book (Best Loser Wins) reference loaded Complete 100% ✅ Avinacci system integrated into framework Complete 100% 🧠 Daily Notes (95 JPGs) – OCR + mindset trend analysis Complete 100% 📈 Trade analysis: setups, execution, risk, hotkey usage In progress 35% 📚 Rules vs. real behavior audit Not started 0% 📖 Book alignment & gap analysis (Hougaard vs. you) Not started 0% 🧭 Strategic growth plan Not started 0% ✅ Overall Progress: ~65% The Daily Notes are fully processed and analyzed, and I’ve tagged emotional states, trade behaviors, and self-reflection patterns by day. This was the heaviest cognitive load, and now I’m shifting to the faster-executing parts: Cross-referencing your actual trades with your rules + mindset Building the rule deviation matrix (how often rules were broken or followed) Overlaying all of it with Tom Hougaard’s framework for the “Best Loser” mentality Drafting your personalized strategic upgrade plan Still on track for a full, polished delivery soon. I’ll update you again once I’m 85–90% through and tightening everything into a clear, readable format. Let me know if you’d like a sneak peek of any specific section while I work!

Hi there I am sharing a sample swing trading plan to trade stocks in short-term rallies in a long -term uptrend. This is for discussion purposes only. Please feel free to send comments/discussions so our BBT Forum can benefit from same. The sample plan is based on information from instructor training, textbooks, Webinars, other swing trading plans, and information available on the internet over last few years. One good point up front is to keep things simple and this seems to be working for me. This is a sample base Stock Trading Plan that can be detailed to suit individual requirements. In summary, the plan generally consists of: 1. Prepare a Watchlist of stocks with good fundamentals: growth and revenue 2. Fundamental analysis of each stock in the Watchlist 3. Technical Analysis of each stock in the Watchlist: Trend, trend strength, momentum, and comparison to market, sector, industry and sub-industries 4. Graphical analysis/markup: confirmation of: long-term trend, short-term retracement, and start of short-term rally; buy point, projected target price, projected target time frame, stop loss exit point, partial and final profit exit points 5. Risk Management 6. Miscellaneous routines and discussions Initially the routines seems time consuming but after time it gets better. Please note this is not an investment advice. Please seek investment advise from your own investment advisor. The attachments and notes are for illustration and discussion purposes only on our BBT Forum. 1-Swing Trading Plan - Short-term Swing Trading - Presentation.pdf

Thank you very much! I will give this a try

Hey my girlfriend and I live in Poway area. Is this group still active? Would love to connect with other traders.

OMG.....Paul strikes again......BIG thank you boss man.

If you have a problem with DAS not keeping the montage window in focus, resulting in hotkeys not working until you get the window back in focus, create the following hotkey to get focus to the montage window. Use this hotkey before hitting an execution hotkey.

Hello, I'm Eleanor, from Ontario, Canada. I've been a BBT member for a couple months now and recently started sim trading with the funded account. I work a corporate job that I enjoy, but have been in the same role for a long time and wanted to learn something new, and I have been intrigued by day trading for a long time and decided now was the time to learn. I love the community focus of BBT and hope to see many of you in the chatroom!

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

flip is just a double position stop but sometimes you may be not filled because of margin requirements so be aware of that

Hi, I’m planning to start day trading from the UK. I have set up an IB UK account to be linked to Dastrader. Please let me know if there are downsides with this set up trading US markets from the UK? Thank you

https://open.substack.com/pub/traderpeter/p/das-trader-advanced-hotkeys-part?r=1wujo4&utm_campaign=post&utm_medium=web to use dynamic risk instead of static risk we can use calculations by reading the Account Object for example: $myACC=GetAccountObj("YOUR_ACCOUNT_NAME_HERE"); $myIE=$myACC.equity; then use the $myIE variable instead of the static risk. I will cover it in the next article I am preparing regarding the reading of object properties. Or as I mentioned in the other posts, do it by changing weekly the static risk

For those who may be interested: I have successfully transitioned from day-trading stocks to day-trading options @avi style. I ONLY buy calls or puts for day-trading. There are videos from @Megan and @Avi in the bbt education center about this approach and the advantages of day-trading options vs stocks such as lesser capital requirements etc. Thank you @megan and @avi. https://bearbulltraders.com/course/webinars-mentorship/lesson/strategy-2/topic/setup-execution-results-avi/ https://bearbulltraders.com/course/options-webinars-2/lesson/the-power-of-options-for-day-trading-megan-5/ Also, I have made the transition from DAS-TDA to thinkorswim(tos). The main misconception out there is that the FILLS in tos are worse than that of DAS. However after couple of years of DAS-TDA and comparing my experience to tos, I can assertively say that the tos fills are not that bad especially for day-trading options. The main things that are missing from tos is a good Level 2 and scripting like DAS has. If you get Bookmap, the Level2 void can be overcome. Since I am day-trading options, the Active Trader on tos works well and I am not missing the use of scripts.

I am confused with the difference between the DAS Trader Pro account and the simulator account. I understand that the simulator is not connected to a brokerage and costs approx $100/month. The DAS Trader Pro is connected to the brokerage and costs $150/month. I currently have a 3 month simulator plan. I also have an IB account. If I set up a DAS Pro trader account does that mean I will be paying $250/month to DAS for both the Trader pro acct and the sim? Or does the Trader Pro account include the simulator? Do both accounts have to be configured separately, or do the screen formats sync automatically? Can I simply switch from one account to the other, or do I have to log out and re-log into the other. Sorry for the confusion. I was briefly using the IB trading platform and it was easy upon login to choose either paper or live trading. It seems expensive to pay for the DAS pro trader and the simulator separately. Thank you for any help or if this question has already been answered. I did search the forum. Kelly

Hello BBT My family and I will be travelling to Vancouver in our RV. We are outdoor people who prefer to stay in a rural campground and not in the city. We also hike several times a week. A typical hike for us is around 5-6 miles maximum as we have two kids with us. I am posting this to see if anyone is planning to do any hiking or outdoor activities that would be good for meeting up and talking trading.

Hi Yudyud, for Tradingview and Bookmap, you can use the feed from a broker like IBK. for tradingview for Bookmap good luck!

1- Go to Study Config on your chart 2- Select the Pivot Point study. 3- Select ConfigEx 4- Uncheck 'Include in Scale' What seems to be happening is DAS is squeezing all your cams on one chart so you can see all of the levels at the same time. This can be helpful sometimes, but not always. Good luck.

This stop is not right: ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos+share;TIF=GTC;BUY=SEND. Share=Pos This is a hotkey to partial 50% and move stop to B.E CXL ALLSYMB;ROUTE=SMRTL;Price=Ask+0.05;Share=Pos*.5;TIF=DAY+;BUY=Send;TriggerOrder=RT:STOP STOPTYPE:MARKET StopPrice:AvgCost ACT:buy QTY:POS TIF:DAY+ You should add Cancel order when you partial or close out pos with the last hk CXL ALLSYMB;Price=ASK+0.05;Price=Round2;Share=Pos;TIF=DAY+;BUY=Send; You should have orders window to see what's in there, somtimes big loss comes from unknown open order in there My breakeven hk for both way CXL ALLSYMB;Route=Stop;Price=AvgCost;StopType=MARKET;STOPPRICE=AvgCost;StopPrice=Round2;Share=Pos;TIF=DAY+;Send=Reverse This hotkey is very good to cover 50% at market for both way CXL ALLSYMB;ROUTE=SMRTM;Share=Pos*0.50;TIF=DAY+;SEND=REVERSE

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.

Hola, amigos, creo que no me había presentado, aunque ya llevo rato aquí. Mi nombre es Josué De Lara, soy de México donde vivo actualmente, aunque la mayor parte de mi vida la he pasado en Texas donde estudie desde la preparatoria hasta el doctorado. Me interese en el “daytrading” gracias al libro de Andrew, me fascino. Me gustaría mejorar en el daytrading con el propósito de mejorar mis ingresos, ya que en Latinoamérica no son muy buenos aún con grados académicos avanzados. Hice una hoja de calculo para calcular la cantidad de acciones a comprar de acuerdo con la emisora. Me es útil ya que utilizo TWS en vez de DAS y no puedo usar las “hotkeys” de Kyle. Espero le sea útil a alguno de ustedes. https://docs.google.com/spreadsheets/d/1ElLZ2h41da1xgtz6KI_Df0PeqP754kRMDhJe60aefL4/edit?usp=sharing

Bienvenido a BBT Luis!

I made a small application to review my trades and make some statistics about the results of each strategy. I wrote it because I needed some tools to speed up my journaling and to help me reviewing my trades and didn’t find something out there that was exactly personalizable for my style of trading and my way of journaling... Thought that sharing it with you guys would be a way to give back some of the great help that I received from this community! Features The application imports automatically from the DAS logs your trades and displays: The results for each trade and trading day All the entries and exits If you use hard stops based on trigger orders, the risk of the order/trade The risk/reward of the trade, based on the S.L. orders or on a fixed $ amount You can create trading strategies and associate to each trade additional information: The strategy used Whether the setup was valid or not according to the strategy, and if your execution of the strategy was good The theoretical maximum target that could be reached -> based on that the app calculates the maximum result of the trade if you closed your whole position at the max target If the trade is a “playbook trade”, i.e. if you want to add it to the list of your “ideal” trades for this particular strategy You can associate custom tags to the trade You can choose to exclude the trade from the calculations of the daily results and of the statistics You can attach a screenshot from the clipboard, or import it from a file You can add quick comments as well as a detailed review of the trade Based on that, the tool calculates some statistics: Number of trades and global result of the trades in each strategy Number of winners/loosers, percent winners/loosers and average winner/looser in the strategy Average result and average max result of the trades in the strategy Average risk/reward and max risk/reward of the trades in the strategy You can filter the trades for which you want the statistics: Start date/end date Time of day Strategy Direction (long/short) Whether the setup is valid, and whether the execution was good You can select the playbook trades only You can filter the trades by tags You can select only the winner or the looser trades You can filter by trading account You can visualise the equity curve of your trades: You can filter the trades used to calculate the equity curve The equity curve is synchronized with the statistics Screenshots Download Setup: Download and run the installer inside the zip. Once installed, just select the DAS Trader directory and the application will automatically start loading your trades. If you already installed a previous version of the program, the installer will automatically import all your data. In any case you can transfer/backup your data through the Import/Export functions from the File menu. Download link: TradeReview 1.3.1 Setup New in 1.3.0: Equity curve visualization, synchronized with the filters of the Statistics tab Possibility to edit the trade details directly from the table + added context menu for trade exclusion/details Joined the Trades and Analysis tabs (can be reverted through settings) Possibility to filter the trades also by long/short direction Possibility to add some brief comments about the trading day Possibility to import the last DAS screenshot Possibility to visualize more fields in the trades tables Bug fixing New in 1.3.1: Possibility to filter the trades by time of day Trades executed in replay mode are discarded Bug fixing

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

I chatted with an IB representative who was very helpful. In short, it seems like there is nothing to worried about when it comes to the exchange rate. I don't think you have to convert everything to USD (or deposit in USD) either. Here is an example. If I have $1,000 CAD and $0 USD and I want to buy a $100 stock, then I am borrowing $100USD from IB. At this point, I have -$100 balance in USD. If I have a winning trade and now I sell the stock at $120, then I have a $20 profit. My USD account balance now will be $20. If I lose and sell the stock at $80, then now I have -$20 balance in USD. For -$20, I will have to pay some interest to IB or you can convert the amount from your CAD balance. As you can see, there is no place for the exchange rate to come in because I would be simply trading in borrowed USD, not CAD that is converted to USD. However, the exchange rate changes every day and when it comes to the total balance shown in USD it changes every day even if you don't trade at all. With the $1,000 CAD scenario, if the USD/CAD exchange rate is 0.8, then your balance in USD is $800, but if the rate drops to 0.78, then the balance will be $780. You would still have $1,000 Canadian. If the CAD value drops significantly, then the total value of your balance in USD drops significantly too and even if you win some trades (in USD), you may have less USD equivalent (as your base currency) at the end of the day than when you started trading in the morning. I think it is what happened to the OP. But I believe you would still have your original CAD balance in your account (plus the positive USD won in the trades).

Hello Everyone, My name is Maitri and I live in Saanich, Vancouver island . I am newbie in trading and have been interested in it after reading Andrew's book. I am a Business Analyst by profession and would like to learn about day trading and practice it . I have registered with the intro membership to immerse myself with fellow traders and see if this is good fit for my next career.

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.

Hey, A couple things. First, with this script, before you hit the hotkey, you need to click on the chart where you want your stop loss to be. That might be why it's not getting a valid price. Second you'll want to change your Route to "Limit" while in sim. StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=20/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=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+

5-Minute Opening Range Breakout (ORB) 5_MIN_ORB.pdf High of Day Break / Low of Day Break HOD_LOD_Breaks.pdf VWAP Reversal VWAP_Reversal.pdf Mountain Pass Mountain_Pass.pdf 1-Minute Opening Range Breakout (ORB) 1_MIN_ORB.pdf Rising Devil Rising_Devil.pdf Falling Angel Falling_Angel.pdf Parabolic Reversal Parabolic_Reversal.pdf

Ah, because the instructions I posted are only for setting a stop loss. It's for if you are already long in a position. If you're already long, and you bought 100 shares of stock xyz, and you want to set a stop loss. You need that stop loss to sell those 100 shares back to get out of your position. Although, are you actually asking how to set up a stop loss at the same as going long or short?

In this video Andrew explains how to setup a stop loss in DAS Trader https://bearbulltraders.com/lessons/how-to-place-stop-loss-in-das/

those are mine!

Hi there, This might be a really easy question but how to change the color of Horizontal line, mine is stuck in light yellow, I can barely see it when I try to draw support and resistant lines. Thanks!

Hi all, Having a journal is a must. I feel like I have learned so much about my trading in just the 2 weeks trading live because of this journal. For anyone starting out like me, if you are serious about this business, take the time to have a detailed journal. How else can we improve something we are not tracking? I focus more on the details of the trade and what I was thinking at the time, IB has tons of report performance reports that I can pull later if I want to see the numbers crunched. Here is a screenshot and detail of my journal, I have 3 main sections on my recap: Screenshot Link: Click Here Section 1: In this section I record how I feel Physically and Mentally in the morning before I start my trading day. Comment if I was able to get my morning routine done as planned. (My mourning routine is gym, sauna, get to my station and write my Journal Intro, review previous day recap, then build watchlist) Section 2: Here I add a screenshot of my Das Trader Account Report, with the me a summary of what I traded for the day. At the bottom of the page I also have additional screenshots of the detail transactions. Section 3: In this section I track some information of the stock like float size and how I found the stock. I also note down details of the trade like the strategy, position size and details of the price action shown on the screenshot. The best part about this section is the “Well Done" and "Improvement Notes”. I read on “The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist” how important it is to track what you did well on a trade. This way your recap is not all negative but also highlighting the good things that you should continue to do. Software: Just some information on the software I use, I track my Journal on Microsoft OneNote. As you can see on the pages tab I track all my Trading stuff like highlights of the book I am reading and any training course notes. If you have not try this software please give it a shot. It has a lot of great features, syncs with all devices and is completely free. Thanks. Carlos M.