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Jaguar

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Posts posted by Jaguar


  1. To my knowledge, there hasn't been a specific workshop on this topic but these items are addressed in other workshops.  Some notes on the items below now that I have been live for a while.

    What to expect when transitioning to a live account
    Psychology is a huge deal when going live.  Lower your share size and only trade small amounts until you stabilize.

    DAS Platform changes to make
    Not much really,  just your hotkey routes.  Example for IB would be: SMRTL/SMRTM vs LIMIT/MARKET

    Notes on commissions and account types (Cash vs. Margin, Tiered vs. Fixed)
    Commissions are really cheap in general and you need a Margin account to go Short so I would recommend:  Margin w/ a Tiered account (assuming IB as your broker)

    Anything else relevant to what a new trader might need to know.
    Day Trading Reality Checklist (attached)
    Kyle's Hotkey setups and a Stream Deck
    TraderVue or Chartlog for tracking your progress


    Everything listed above was very helpful to me so I wanted to summarize for those making the switch to live trading after trading in the simulator.

    DayTradingRealityChecklist.pdf

    • Like 2

  2. Are there any plans for a “Going Live” workshop with Interactive Brokers / CMEG?

    Covering some items like:

    • What to expect when transitioning to a live account
    • DAS Platform changes to make
    • Hotkey routing changes, etc.
    • Notes on commissions and account types (Cash vs. Margin, Tiered vs. Fixed)
    • Anything else relevant to what a new trader might need to know.

    I know there is already a video on commissions, but I was thinking of a more comprehensive video on the changes when switching over to a live account with IBKR/CMEG

    Maybe a Checklist of changes or summary to bring it all together for members transitioning to a live account from the SIM.

    • Like 7
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