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Look forward to seeing you Mina

https://open.substack.com/pub/traderpeter/p/das-trader-advanced-hotkeys-part?r=1wujo4&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

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

Hi, I would much appreciate if you could help creating a DAS hotkey for options trading? I'd want to buy a contract with the size based on criteria; - contract size: limited with a defined buying power ($2000) - Price entry: mid price - Attached a market stoploss: 85% of average cost Thank you so much for your help.

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

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.

Thanks Paul. I did call DAS just now (702.943.1881) and they said I would have to pay double if I linked DAS to both CMEG and IB US simultaneously. Although you can link DAS to more than one IB US account simultaneously for no extra charge, that does not apply for different brokers. Also this question that I asked is premature as both the 14 day free trial and the 3 month BBT promotional discount for DAS do not use or require a broker.

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+