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Jason W

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Jason W last won the day on October 27

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  1. Lee is so humble that I want to punch him sometimes. I learned the most from him and Robert H. I have to agree with him on not posting your wins and losses. I have also come to the realization that posting your wins and losses in the chat is a bad idea. I used to share my trades and results in the chat very often but not anymore. Personally, I'm happy to see other people posting good results, so I can learn from their good trades. I thought it would help and motivate people see their peers doing well and making progress. But no........ some people don't look at it this way. I think a good way to determine if someone is really consistent is a TradeVue analysis of their recent 3 month trading. I'm looking forward to see someone's quarterly recap. Also, even though we might never know if someone is really consistent for the reasons Lee said. I think if someone has been in the chat room DAILY for a year or longer, they are probably consistent winners. Market is ruthless in weeding out the bad traders. It's kinda like natural selection. I could count the name of members that are still here since the first day I joined with my fingers. A lot people that we used to see are no longer here. So yeah I definitely respect the OGs that made it.
  2. I know there is a lot of noise in the chat room. Personally I pay extra attention to what those people has to say. Brian P. Lee W. Robert H. Carlos M. Peter D. Norm
  3. Talk to other good traders. That's THE best way to learn. Find out who the big winners are and learn from them. That is perhaps the fastest way to get better at almost everything. Standing on the shoulders of giant is way easier than climb all the way up ourselves. Be open to new ideas but at the same time we have to apply our own critical thinking. Not everything people says applies to our own situation.
  4. Hey Kyle: I tested it out. This seems to be the configuration that works best for IB short. Shorting with 1% account risk with AUTO size based on selected stop price DefShare=BP*0.8; Share=DefShare*0.3* Price * 0.01; Price = Price - Bid + 0.02;SShare = Share / Price; Share = DefShare - SShare; DefShare = DefShare + SShare; SShare = Share; SShare = DefShare - SShare; Share = 0.5 * SShare; TogSShare; ROUTE =LIMIT; Price = Bid - 0.05; TIF=DAY+; SELL=Send; DefShare = 500; IB requires 30% equity as margin for short, and 25% equity as margin for long. Therefore, the discount on BP should be 0.25/0.3= 0.833333, so I just used 0.8 to be safe. For the same reason, I used 0.3 instead of 0.333333333333333. I just want to say Thank you again for figuring this out. Smart people like you are hard to find. If you ever need help with anything, pm me and let me know. BTW I just finished set up the new Genovation 48 key control pad. I highly recommend it. It's nicer than the 24.
  5. Yo finally got it set up. and I'm ready to retire the old 24 keys. If you gonna get a genovation control pad, get the one with 48 keys.
  6. OMG you are so smart. I'm gonna testing this one out right now. Thank you so much !!
  7. Jason W

    Introduce Yourself!

    One day better be soon though, we not gonna be able to eat something fancy if I bust my account. I'm throwing a party at our one year trading anniversary, if we make it. Big if. And btw, why you didn't tell me AMD was going to jump off a cliff today when I said hi to you in the morning ? I went to bed to catch sleep while you guys making billions in the market..............
  8. I'm not even sure if DAS knows the difference. Because DAS does not separate long BP and short BP If DAS does not know the difference, then the value should still be 0.25 right ? If DAS knows the difference, then 0.3 is fine. There is no way to test this in the SIM, SIM has the same buying and shorting power I think. So I'm gonna have to take one for the team ..... Thanks again Kyle.
  9. Yo IB requires 25% for margin so it 4:1 on long, but 30% for margin on short, so that's 3.33333:1 on short ? So if we gonna do a short script with 1% risk , is this the correct script ? DefShare=BP*0.98; Share=DefShare*0.333333333333333* Price * 0.01; Price = Price - Bid + 0.02;SShare = Share / Price; Share = DefShare - SShare; DefShare = DefShare + SShare; SShare = Share; SShare = DefShare - SShare; Share = 0.5 * SShare; TogSShare; ROUTE =LIMIT; Price = Bid - 0.05; TIF=DAY+; SELL=Send; DefShare = 500; or is it Share=DefShare*0.3* Price * 0.01 ? Thanks again man !!
  10. Jason W

    Introduce Yourself!

    Hello guys: I'm Jason W in the chat. I'm here to see how many times I can blow up my account. I like smoke crack while trading big and I also like to make fun of Andrew when he makes bad trades. My favorite person in the chat room is Lee W. He knows everything and he stops me from doing stupid shit sometimes. BTW this thread feels like the introduction at every AA meeting.
  11. Thank you so much Abiel !!! I bought a new 48 key Genovation. I will program it tonight. I love the new script that can auto calculate share size.
  12. Thanks again for this amazing script. I download this sheet as .xlsx on my computer, it needs to ENABLE EDITING to change the value. But after I enable editing, the spreadsheet stop working. Is there anyway to fix this ? Thank you

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