Aiman
Lifetime Members-
Content Count
138 -
Joined
-
Last visited
-
Days Won
6
Content Type
Profiles
Forums
Calendar
Member Map
Everything posted by Aiman
-
Hi Luis, Welcome to BBT! Glad to hear you're taking this business seriously and I really hope we all help you during your journey to success!
-
Hi Mohamed, welcome to BBT! I hope you overcome your issues here with BBT and we will do our best to help you with that!
-
Hello Mark, as @Justin said, you can use the das replay feature! If you get DAS trader from us which will cost you 300$ for 3 months, it'll come with the replay feature with no additional costs! If you get it from DASTRADER.COM it'll cost you 150$ to have the platform for 1 month +15$ for the replay feature (165$ in total) which is why I recommend you get it from us as you'll get a discount being a BBT member.
-
Hello Jeronimo, Welcome to the community, I really hope you achieve your goals here with us! Best, Aiman
-
Hi Otto! Welcome to our family! I believe you'll learn a lot here with us and we'll do our best to get your trading into the next setup
-
Hello Justin! How do you think yoga and meditation helping you with your trading? I always wanted to do some meditation as I believe it's really helpful and stress releasing but never got into it. Really good to have you amongst us here!
-
Hi Benjamin! Welcome to the community, I wish you best of success in your journey, and we'll be happy to help guide you through it!
-
Your entry breaking premarket high for 1 min ORBU was good; However, once it made new 1 min low after a doji at the HOD I wouldn't have added, in fact I'd have started considering bailing on the trade. Once it broke VWAP that was the key to bail. One thing is to add on a pullback, another thing is averagin when the stock is dropping. Let me know if you got more questions
-
Hi Tricia! Happy to have you here with us! If you've any questions feel free to ask. We're always happy to help here Travel, photography and day trading, that must be a nice life there! Welcome to the community James!
-
Hello Keene! Welcome to the community! I hope you learn much here with us! Hi Sam! Welcome to the community! Glad to have you here with us
-
Trade Ideas - Order quantity scanner?
Aiman replied to maesterfitch's topic in Day Trading Hardware, Software and Tools
Not sure yet but will look into it! -
Thank you! Done!
-
Hello everyone! Me and the team usually get a lot of e-mails asking for the hotkeys we're using or for some simple hotkeys; Therefore, we created a list of the most frequently used/asked for hotkeys. This is just a beta and short version, and we will keep adding to it depending on your request. This list will be worked on not only by us moderators, but by you as well if you wish! Please share in the comments some of the hotkeys you use a lot which aren't in the list and we will definitely update it, you can also ask for any hotkey you think you miss, and if any member replies with it in the comment it'll be also added to the list https://bearbulltraders.com/wp-content/uploads/2021/12/DAS-Video-Series-Hotkey-Scripts.pdf The hotkeys have been tested in DAS trader DEMO account and DAS/IB, still make sure to test them in simulator before trying them live! Thanks all.
-
Hi Carlos! Welcome to the community! Andrews book was the reason I joined the community as well. I'm glad you're liking BBT so far
-
Hi Allen! Welcome to BBT! I hope you learn a lot from us! Don't hesitate to ask any quesitons you've in order to learn faster!
-
Help with figuring out risk per trade using leverage
Aiman replied to Sapperstien's topic in Risk, Account & Money Management
I like the way you think! And you’re right, share sizing is different depending on how expensive the stock is and how far your stop loss is I had a spread sheet before showing me how many shares I needed to buy depending on how far my stop loss is and I had different hotkeys for that. Now I use a hotkey which automatically calculates how many shares I can take depending on how far my stop loss is. Make sure to check The video Brendon linked! William explained kyles hotkeys there really well -
Hello Jan! Thank you for sharing your story with us! It’s Nice to know how you got into trading, and one day when you’re a successful trader you’ll remember how drinking beer with your friend got you into changing your future! The community for real is amazing, I remember my first days here, and even these days I keep learning more and more of new stuff! Glad to have your around with us.
-
Hello Ichizo! Welcome to the community! We’re really happy to have you around with us, and having your 10 years of experience of trading is really valuable! I do hope you learn lots of new stuff here from us as we would do from your past experience in the markets!
-
Help with figuring out risk per trade using leverage
Aiman replied to Sapperstien's topic in Risk, Account & Money Management
Hi! So first of all, with 5000$ if we go by the books you’re allowed to risk 1% of your account per trade which equals 50$ right? Now, by the books again, you can’t lose more than 2% of your account per day, and again, if you lose 6% of your account per month you must go to simulator for the rest of the month right? As day traders, we need to take more than one trade as it’s tough to get your winner from the very first trade, sometimes you need to make 3/4 trades. Imagine losing 2 in a row, now you’re down100$ which is 2% of your account, if you take 3 and lose two days in a row then you’re down 6%. So in my opinion, this isn’t the best rule for day trading, maybe good enough for swing trading or investing, but not day trading. don’t forget about the part where you can risk less than 1% per trade, it doesn’t need to be 1 every time, especially for beginners, I personally was risking 0.1% of my 25k account when started Eventually, despite the account size, I prefer going by this rule: Risk as much as you want as long as you won’t feel emotional after giving it to the market Some people have 25k account but they spent years and years saving it, 1% might be their weekly salary, and giving it per trade will make them really nervous, and vise versa now regarding the leverage. If you’ve 5000$ account and you’re willing to risk 1%, then it’s always 1% of your cash account not the leverage. So your risk is 50$. Let’s say you’re trading 2$ stock with 10 cents risk, you can take up to 500 shares which equals buying power of 1000$. You don’t need leverage in this case. Let’s say you want to trade tsla with 1$ risk per trade, you need around 50 shares *250=12500$. Here you’d need to use some leverage, but your risk is still the same. So basically, leverage shouldn’t be used to increase your risk or shares only because you have it. It should be used widely to help you respect the trade management rules you’ve