Martin G
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Martin G last won the day on November 30 2018
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@ragycpa You double-click in the chart at the price you mentally want as your stop. If the ASK is 21 and you want a 20 cent stop you click at 19.8 on the price chart. Doing this will enter 19.79 in the price field in the montage, then the hotkey will calculate shares needed to risk your selection. It will also verify that with your buying power you can afford the shares. If you cannot, it *should* send the order for the number of shares you can afford to buy. If you change the last part of these commands to BUY=Load it will enter the number of shares into the montage but not send the order... for testing. Then you can change it back to BUY=Send. With 20 cent stop on a $21 stock, you can easily afford the 500 shares needed to risk $100 (Requires $2,100 buying power) (In this scenario, for some reason, my system buys me 416 shares, I don't yet know why!) Please let me know how it works for you. With a 20 cent risk on a $150 stock, you cannot afford the 500 shares. In this situation the script should calculate the number of shares you can afford to buy at 95% (or other percentage if you changed this on the first sheet in the workbook) of your buying power and send the order for that. When I tested this for $50 and $100 risk on NVDA with ASK as shown below just now and it worked correctly. Interestingly, when the hotkey was pressed and the order loaded, the price then changed to 158.27 which apparently would be my average price for the purchase with the ASK offers pictured.
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@ragycpa Right-click in the chart and select Configure, then check the box Double-click to trade and click OK.
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Hi all! I'm new here and currently in SIM. I loaded two of the HotKey scripts to test. I have $30K buying power, $5K equity configured since I'm eventually headed to CMEG. $50 fixed risk. (This is edited to only load the trade.) DefShare=BP*0.95; Price = Ask - Price + 0.01;SShare = 50 / 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=Load; DefShare = 100 Ask 21.09, double-clicked 20.99. 20.98 populated into the Price field on my montage. Hit the hotkey and it loaded 416 shares. Since my 95% of my buying power can easily afford 500 shares at an Ask of 21.09 with , I was surprised. This is 83% of my intended shares/risk. $100 Fixed Risk: (Also to load, not send) DefShare=BP*0.95; Price = Ask - Price + 0.01;SShare = 100 / 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=Load; DefShare = 100; With the same scenario as above, this one loaded 833 share... also 83%. Any ideas why it is doing this?
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Show us your set-up!
Martin G replied to Jason H.'s topic in Day Trading Hardware, Software and Tools
Here's what I have. I had built the computer with my son... just because... maybe a mild amount of gaming. 8th Gen Core i5 8600K ROG STRIX Z-370-E Gaming Motherboard NVIDIA GTX 970 Graphics Card 16 GB DDR4 Ram Corsair H60 Water CPU Cooler LG 24" LED Monitor (Center) - Brand New Samsung 21.5" LED Monitor (Right) - Kinda New Samsung 20" I-don't-know-what-kind Monitor (Left) - Old family friend that got repurposed Cord control program has not yet been implemented! -
Drawing Support and Resistance Lines in DAS
Martin G replied to Drew M's topic in DAS Trader Pro Tips and Tricks
Mine reverts to mouse pointer after I click to place the line. If i decide not to place a line then I right click and it reverts.