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My latency at best is 300ms from South Africa. Should I even bother trading? I could always be one step behind

Great thanks Robert

I'm a bit confused on the '$ per trade' fee structure. Is it not $ per ticket? Meaning a stop order that has not triggered is also charged for?

Hi Corey, Apologies for the VERY late reply. The good news is I'm a lifetime member and been trading the simulator for about two weeks now. The market open 15:30, which is OK. It seems like most of the action happens within 30 minutes, so I usually stop at 16:00, which is good. I would prefer very early morning trading as the mind is sharper. Great that you were travelling Africa. SA is an exceptional country, except for the the crime and political situation. I'm going to give Zambia try for about two years as I signed a 2 year contract with Barrick. Maybe I stay there permanently, otherwise if I'm good enough with trading I'll move to the Western Cape probably which is the safest province in SA.

That should definitely be possible if there was an interim variable available to save the stop price. The problem is I'm using the 'Price' variable which is overwritten when the buy/sell order is executed. My communications with DAS suggested there is no such variable. This won't be a problem if a stop can be placed before the buy/sell order, however I don't think that will be possible. UPDATE The stop price could potentially be 'back-calculated', as the shares are available: x = 125 / Share Stop Loss = Ask - x or Bid + x (depending on long/short) Scripting is DAS is very primitive, so will have to test if this works

Hi Robert, Second option The script calculates the amount of shares required to risk the given amount, based on the selected stop loss (double clicking on the chart). I have tested it and seems to work fine. What would be nice is to automatically draw a line of where the stop loss was selected. However that is beyond DAS Trader unfortunately.

Hi everyone, I've seen most people calculating shares to trade as a quick estimate. I like to trade a fix risk percentage for risk management and my brain unfortunately struggles to do the calculation in one second! Below is script for buy and sell that you can configure a hot key with to automate the calculations for you. What is important is that you enable 'Double click to trade' in your chart settings (Configure). Double clicking on any area in the chart will save the Price, which is your stop loss price. The script will then calculate the amount of shares required, and open the trade for you in one go. The 125 value in the script is the $ amount you want to risk. Change this as your account grows. Hope it helps, and let me know if there is a bug in the scripts. Buy Price=Ask-Price + 0.01;Share=125 / Price;ROUTE=SMRTL;Price=Ask+0.10;TIF=DAY+;BUY=Send Sell Price=Price-Bid + 0.01;Share=125 / Price;ROUTE=SMRTL;Price=Bid-0.10;TIF=DAY+;SELL=Send

Hi everyone, I'm looking to day trade as per this community's principles, however the hours will be a bit awkward from my time zone. Anyone here from South Africa? Would like to get your opinion on your experience regarding trading late afternoons. I'm currently working as a consultant from home which gives me ample opportunity to trade. I have lots of experience with automated algorithmic trading, however that does not work for day trading, and thus cannot make a living from it as millions are required.