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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!

U have opened my eyes to additional AI functionality......really appreciate the info......will contain to observe. maybe when complete we can jump on a zoom (i can host) call and u walk through the process on .........really want to learn more.

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.

i ask "how long?" AI replies: I’m in the final editing and formatting phase now. ⏳ Estimated Time to Delivery: Within the next 24–36 hours (max). Possibly sooner depending on final tweaks and clarity checks — I want this to read like a mentor's field manual, not just a report. Here’s what I’m finalizing: ✅ Organized feedback into sections (Mindset, Execution, Rules, Hougaard alignment, etc.) ✅ Highlighting repeat behaviors and subconscious patterns ✅ Writing your custom growth plan (what to keep, evolve, or cut) ✅ Formatting it cleanly so you can actually use it daily/weekly You’ve waited patiently for something with real depth — and that’s what you’re about to get. I’ll deliver it in full, no later than the window above. Let me know if you'd like it in a downloadable format (PDF or Notion-friendly doc) too. i'll get a progress update in the morning when i wake up.

i'm trying two different AI models. Grok and ChatGPT. Premium subscriptions. So far, ChatGPT has been way easier. Grok keeps timing out. i keep hitting an upload limit i guess. i have to take a break and come back later to retry the upload. sometimes it works. sometimes not. ChatGPT worked perfectly! Very easy to interact with.

very very interesting........i am watching......

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.

I admired the other traders that post their trades on the BBT site. I have been trying to get the courage to start. If I am embarrassed to post the trade, I shouldn’t have taken it. So I want that consequence on my shoulder. So I promised myself when I switched from Etrade-pro back to DAS, which is much easier to journal, I would post my trades. I have been live for 3 months now. First week live on DAS. 1st week of February Risk: $25/trade Max allowable trades per day: only 1. I am having an over trading issue that I am trying to resolve. So I have a self-imposed limit of one trade per day. Friday 2/1/19 Well being score of 5.5/10. My one allowable trade was with FB. I do apologize for the chart. This was my last trade with Etrade-Pro which doesn't automatically show entrance/exits. The tech level I drew at 167.51 was too weak to act on (that is why I drew it in yellow - stronger ones are orange) so I let it go by. After the 2min candle the price sat for awhile, until it started to move and I went long. I took a partial at 1R. Price just missed the second partial at 2R by a few pennies. The 5th 1min candle spooked me and I exited. Monday 2/4/19: I gave myself a “well being” score of 4/10, which is below allowable limit to trade live. So I traded on SIM. Made 3 good trades, but since they were on the sim I won’t journal them here. Tuesday 2/5/19 Well being score of 5/10. My one allowable trade was with AAPL. A very bullish 2min candle was created and I went long as it passed the recent premarket high. I didn’t have a strong technical level for the entry or exit so I cut my shares in half (so only a ~$12 risk). Got lucky on the last exit. Wednesday 2/6/19 Well being score of 5/10. My one allowable trade was with MU. Stock made a nice ABCD inside the 5min. I was going to wait for the 5min candle to finish, but when it made a new high on increased volume I went long at 9:33am. It fizzled quickly and I got all out when it looked like it was reversing. Thursday 2/7/19 Well being score of 5.5/10. My one allowable trade was with TWTR. I made a mistake on this one. But, it didn’t cost me much to learn a good lesson. I have learned to be sloppy when zooming in on a chart not to look carefully at the tech levels because Etrade always lists the next level you drew on the edge of their chart. So you always know the next level with a quick glance. So I was careless when zooming in on TWTR and caught the 2nd tech level and not the first. The price dropped below the tech level I was going to short on, but I thought the risk/reward was so large I let the price make a new low of the day. Once that happen I shorted. Once the price dropped a little the real tech level appeared on my chart and I realized I trade now has a 1 to 1 risk/reward ratio. If I was aware of this level I would have shorted at the 31.1 level I drew where the risk/reward was OK or just not trade it. Usually, when I realize the risk/reward is wrong I get out of the trade. This usually occurs when you get a bad fill. But, since the price was moving in the right direction I waited for the 1st tech level to close the trade. It missed by a penny and retraced. Since this is not a real trade anymore, just one I am trying to get out, I stopped out at break even. Friday 2/8/19 Well being score of 6/10. My one allowable trade was with MU. The tech level I drew and the 1min VWAP coincided making it a strong tech level and I really like it when the 1min VWAP and 5min VWAP get a large separation. I took the trade at the 1min VWAP and made the 5min VWAP the first target. This trade had a very tight stop out level (just below 1min VWAP). I took the first partial at the 5min VWAP with the plan to take the next partial at the 2nd target (200MA). But, I got cold feet and made the 2nd partial in the middle of nowhere. Then all out a few cents below 200MA. It's interesting what a different perspective I get on my own trades when I post them like this. After what I thought was a good week trading and was reasonably happy after reading my journal entries, I now look at the these trades posted and I am not really proud of any of them. They look quite haphazard and not well thought out. The Friday trade with MU would be the closest, but not quite. Something for me to think about. Thanks for reading, Rob

Yes, I have been using Ninjatrader for back testing the last 2 years, but on Futures. Now that I just started back into Equities I will probably start writing the algorithms in about a month. The algos are more for back testing than for taking automated trades (which they can do as well). Also, Ninjatrader had the best charting I have seen. Gotta love the 1sec candle chart...

Hi @Kevin D, I highly recommend checking out @peterB blog. You'll find plenty of useful information about hotkeys in DAS. DASTrader Hotkeys | Peter’s Substack | Peter Benci | Substack best!

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!

meanwhile look here for hotkeys

Hello everybody, I am Olus, from Belgium. I work as a Consultant in Financial Services after +16 years working in Brokerage where I held commercial & operational positions. I trade for more than 12 years now,... Although I am good with investments management, I suck at trading where all of my 12 years have been in the red. The reason is simple: I tend to TILT after a couple of losing trades and begin revenge trading with overleverage, with a well known result: blowing my accounts & losing it all. When I look to my past performance, I see that 10 to 15 trading days are causing my accounts to blow. I can have 10, 15, 20 positive days but when it have a 3-4 losing trades streak, things get wild and I lose control. This is thus the area I work on and the reason I have joined this community. Ensure to follow my trading rules & stick to my plan. I know that it is the losing days limits which allow us to have positive results at the end of the year. I have read tons of books on Trading psychology, which is a passion of mine. It is now time for me to respect the process. And I count on the presence of the members to support & motivate me on this path.

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.

@tntp45 Thanks! Usually between $100-$200.

📉+$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

Hey all, My name is Cindy. I'm a single mom in tech of an 8 year old girl living in the South Bay Area, CA. I'm a UX Program Manager by trade for over 19 years, and started trading options and stocks during the pandemic. After I got hit by layoffs in Dec, I found myself with a lot of time to enjoy life, travel and rediscover my passions. In a Tony Robbins workshop, I came across Teri Ijeoma who was able to quit her job and travel the world from day trading, which really inspired me to explore how to day trade for a living, read Andrew's book and watch his YT videos. I'm almost done with his book, and started joining the pre-market prep. After chatting more with Mike, I decided to become a member and join this amazing community of traders. I'm super excited to learn the ropes with yall. If anyone would like to connect virtually or in person if you're near the South Bay Area, feel free to reach out. It would be great to find other like minded folks to share and learn from one another. Cheers, Cindy

Thanks for the pointers @peterB. I found the advanced course "Your First Three Months as a Trader" that I'm going through now, which is super helpful! I especially liked the recommendation to start with learning for at least the first month - I take it as a bit of a grace period to absorb information to serve as a baseline for what strategies to test. @Brendon - poor grammar on my part. Mean to say I lost nearly $500. Looking back at my paper trading account, I lost $271.25 to be exact...so not nearly as much as I thought. Thought I'd double down yesterday and take a position on CHWY...stupid! And THERE went another $304, so if you count that one, my total losses were $575.25. I've actually been really disciplined about following my stops so far--even if I see it coming, I'll let the trade stop out vs. adjusting my stop loss. I don't want to get into the habit of irrationally relaxing my stop, and I'd rather get stopped out right now and analyze what I did wrong than exit the trade early. It is sim after all. I'm now starting to develop supplemental spreadsheets to help me more easily identify my entry, R1/R2 positions, and my stop loss, and so far that's been really helpful.

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

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!

Newer versions of DAS have two options to visualize menus and settings. Go to Setup > Other configuration and you have USE NEW CONFIG WINDOW selected. That´s the new menus and settings. Uncheck it and you will get the old menus, just like the videos.

$PRICE+($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

solution of 2024 here https://open.substack.com/pub/traderpeter/p/das-trader-advanced-hotkeys-part-777?r=1wujo4&utm_campaign=post&utm_medium=web

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.

Hi @gjeret, logging in after a long while to notice there are other members from the Milwaukee area. Curious how things are going for you and if you are still in the Trading realm.

Have you considered futures? I've recorded hundreds of videos over the years discussing venues for trading in "small" accounts. My favorites at the moment: 1) Futures: Really good leverage, no PDT, and far less volatile than some of the stock tickers I/we usually trade. Here is a video from a "challenge" I did not too long ago. As you can see, the results can compound very, very quickly: 1b) You can also get involved with futures via a "prop" firm. I have multiple videos on topic, so if you're interested --- reach out and I'll try to opine when/where capable. Here is a video to get you started: 2) Cash Options account: I love trading options in a cash account. Options settle the very next day, so any profit you made today, will be available tomorrow for trading. Using a cash account also limits you to "over-trading" today, because once you've exhausted all of your funds for the day -- you're forced to wait until tomorrow. 3) Prop-firms that focus on equities: CMEG and Frontier are the leading firms at the moment, but this has changed (often) over the years. If you're not intersted in futures, or options, this is -- effectively -- the only way to go. In any case... I have almost a decade of experience trading in "small" accts... Feel free to ask questions if desired. GL...STAY GREEN!

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.

Just loaded it up and it looks great. Thanks for sharing!

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.

First of all, apologies if there is a simpler way of doing this, or if it has already been discussed. I've been playing around with my stream deck, I've never really used one before, and I found the multi action key incredibly useful. I've always had problems with not taking profits or taking them too early, so I setup a multi action hotkey that buys into a position with my stop where I double clicked using this FocusWindow Level2;StopPrice=Price;Price = Ask-Price; Share = 200 / Price;ROUTE=SMRTL;Price=Ask+0.03;TIF=DAY+;BUY=Send;TriggerOrder=RT:STOP STOPTYPE:MARKET STOPPRICE:StopPrice ACT:SELL QTY:POS TIF:DAY+ I then use for my multi action hotkey the following, a profit target of 2R of 25% of my size FocusWindow Level2;Route=SMRTL;Share=Pos*0.25;Price=AvgCost-StopPrice;Price=Price*2;Price=Price+AvgCost;Price=Round2;TIF=DAY+;SELL=Send 25% at 2.5R, cancel stop orders and set stop to break even CXL STOP;FocusWindow Level2;Route=SMRTL;Share=Pos*0.25;Price=AvgCost-StopPrice;Price=Price*2.5;Price=Price+AvgCost;Price=Round2;TIF=DAY+;SELL=Send FocusWindow Level2;Route=Stop;Price=AvgCost;StopType=MARKET;STOPPRICE=AvgCost;StopPrice=Round2;Share=Pos;TIF=DAY+;Send=Reverse; and 25% at 3R FocusWindow Level2;Route=SMRTL;Share=Pos*0.25;Price=AvgCost-StopPrice;Price=Price*3;Price=Price+AvgCost;Price=Round2;TIF=DAY+;SELL=Send I know this is really simple, but before when I did want to do this I was entering my trade with a hotkey, then pressing all the additional ones. As I mentioned, apologies if this is really long winded approach, please do share any more optimal methods 🙂 Jono

@Paul aka Aurbano - My man! Just making the world a little bit better one piece of code at a time 🙂 Look at this original formatting of the tickers and how they get cut off: And now look at Paul's version:

Not sure if this is the right forum for this as I couldn't find one where it "fit" the criteria perfectly, so move it as needed. In the documents linked below is an example trading plan that I created many months ago from various sources, as well as my own thoughts. I've developed many business plans in a similar fashion and the way I get the most done is by typing up a list of questions, printing it out, and writing (or typing) thorough answers to those questions. You then wait a few days (reset your mind) and return, putting those answers into concise statements / paragraphs to form the basis of your overall business plan. For a trading plan, you may never do the second part (putting it into concise paragraphs), that's OK. The intended purpose of a plan (for business or trading) is to make you think and develop a vision for what you feel is success and how you intend to go about reaching your goal. Just like a business plan, you may deviate from it, you may go slower than you projected, and / or you may alter it along the way. It doesn't matter how you use it after you create it, it's just there to put you back on the tracks if you come off or serve as a reminder to the longer term goal if you're having a short term struggle. Some Tips: - I encourage you to really reflect on your answers, get granular with them, the more you get out of your head now is the more you'll be able to power through in the end. My last major business plan I wrote risk-aversion scenarios for coupe d'etat's (it was for the Middle East) and an assortment of what-if's related to the region - you won't need that here (although, maybe you have terrible in-laws and it's not out of the question), but it helps to think complex (possible) scenarios through as you'll be more prepared to react if it happens. - Set realistic goals. I took a few psychology courses on goal setting at university for my degree and they all seem to agree. Break the goal up into small obtainable steps and build momentum. So don't say "I want to be a billionaire in 5 years," reframe it as "In 5 years, I'd like to have my house paid off entirely, and I'm going to do it by ...". A goal too far out of reach or without structure is useless, even if there's a slim chance. The document has questions for the following sections: - Introduction --> Just a brief overview of what's intended. - Overall Goals & Strategy --> Questions regarding your intended trading goals and strategy. - Education / Evolution --> Questions about how you're going to gain knowledge and evolve to meet your goals. - Psychology --> Questions for how you plan to deal with the psychological aspects of trading. - Timeline --> Your intended timeline of milestones. How you plan to progress through it. - Future You Statements --> Prejourney Statement (message to yourself to be read after you've completed the journey, written in the future-sense like you're talking back at yourself.) - Time Statements --> Done at certain intervals, a quick journal of your progress so far. - After Completion Statements --> Area for you to reflect after this leg of the journey is over and you're about to start the next. Documents: Template File (with example data): https://drive.google.com/file/d/1hKLkaPc4pYXNIpjv26ud3pFLWbeBogvL/view?usp=sharing Template File (blank, just questions): https://drive.google.com/file/d/14VL_ZVk1gBgqpKNeYwiNJDYwfWfSF2gS/view?usp=sharing

Right click on the chart, go to chart area, then config area and tick the highlighted box below

TL;DR: Here are some sheets with concise information about strategies members of BBT use. Shoutout to the mods and contributors for the information for these strategies. After watching Peter's amazing presentation about his 'Mountain Pass' strategy a couple nights ago, I put together an information sheet with the setup details similar to ones I had already created for a few other strategies. After putting together the Mountain Pass sheet, I decided it, among the others could be useful for my fellow BBT community members for any of the following reasons: You could use them for your playbook. If you like the layout, you could use them as a template to make your own information sheets/playbook. They could serve as a tangible, concise, introductory resource for beginner traders, who are new to these strategies. The strategy information has all been taken from the education center, success webinars and Andrew's books. I take no credit for any of the theory behind the strategies or any of the images. All credit goes to Andrew, Carlos, Peter and Hiltzy for laying out the strategies so well. I plan on doing more of these as I expand my playbook to include strategies such as Rising Devil, Fallen Angel, 1-Minute ORB, etc. So I will share those in this thread as they are made. If you have any comments, criticisms, or if I have information wrong about any of the strategies, let me know and I can make some adjustments to the sheets. Also, if you have your own playbooks / strategy resources you'd like to share, you can do so in this thread, I'd love to see what you've done. Note: Some of the information, particularly the rules such as "Place stop losses at technical levels." are notes I've made to myself based on results I have found. Some of these may not apply to you individually. Here is what they look like: The files for each strategy will be posted below.

This is a very common question, so hopefully this post can be a good reference. There is a new hotkey command called DuplicateWindow which lets you 'clone' an existing Montage, Time/Sales, or Chart window. All settings like hotkey buttons, colors, fonts, etc. will be copied over. How to: -Go to menu Setup > Hot key -Add New Item -Enter a Name and Hot Key. In the Script Field, enter DuplicateWindow -Press Commit Now you can simply select the window you wish to duplicate, then press the hotkey (CTRL+D in the above example). And voila, attack of the clones!

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

Here is a useful tip for how to change the font size in your charts. Right-click Chart > Configure On the left-hand size, click the box to the right of Label (Price/Time) Change font accordingly The font should now be changed for both the X and Y axes.

My full time job is as a User Experience designer. I study users to understand their needs, mental models, and design software that "fits" their brains. One of the key measurements I utilize to evaluate a design is cognitive load. Put simply, cognitive load is how much "brain effort" it takes to learn and understand something. Trading is a very high cognitive load activity. Learning to trade even more so. When I set out to learn trading I immediately looked for ways to eliminate as much "extra" thinking as possible. Hence the streamdeck. Memorizing hot-keys takes effort, and while I'm trying to juggle chart signals, make planning and position-size decisions, and execute good risk management I don't also want to be trying to remember which hot key I set to buy 500 shares. By using the stream deck I don't have to remember, because my hot keys are visual, right in front of my face. Next to my membership here, I'd say the Stream Deck is the best investment I've made in my trading.

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!

Norm, this one's for you! Ok, here's mine... cobbled together from 2 older machines and a discarded large monitor...but notice all that empty space on the wall? That's where my husband is going to hang a 50" tv if I make my number. I mostly swing trade, so this set up isn't a hindrance currently, but as I develop my day trading skills, this will clearly not work. For those who may wonder about 2 laptops, I am trading 2 different accounts and for the way my brain is wired, this keeps me from getting confused.

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.