FT81
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Posts posted by FT81
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Kyle,
Is there a way to automatically draw a line on a chart at your expected stop price? I saw on another post that you use such lines for reference when you are trading.
Do you draw the lines manually?
Thanks
Rahul
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On 6/15/2018 at 11:22 AM, KyleK29 said:My last simulator platform was easy, click, set, and forget as far as stops go. All done right on the chart (right click or hotkey). But you would get the stop out on those random outlier prices that sweep the stops. When I switched to DAS, I decided to practice the mental stop. What I'm finding helps is that I'll place a horizontal line where I want my stop to be. If the price hits that line, I close out, no questions. I give a decent slight delay to make sure it's not just a random excursion to a really low price. The only *actual* stop I place into the market is when I move to breakeven (e.g. I've taken profit on a target).
So far, having that line as a mental trigger has worked.
@KyleK29, I am looking for a way to automatically draw a line at my stop level whenever I enter a trade. I need the visual reference as I am unable to effectively respect my stops.
Do you know any commands that will draw a line at a specified price and of a certain color?
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@WilliamH
My bad, I am already on the list as 'Rahul', did not sign up with my handle 'FT81'. Just letting you know to avoid a double count!
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I will be attending too! Looking forward to meeting everyone!
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Thanks a lot @IamKarthiI also have the same problem. If i get the first 2 trades red then it just goes downhill from there and I get hulk days! I am in sim though, so all is not lost. I will try to trade your ORB strategy tomorrow as ORB's are pretty much where I have made most of my green trades yet.
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Hello All,
I am Rahul, I have been on a search for an alternate career that would allow me to take control of my own time and finances. After evaluating multiple options over the last 2 years, I slowly gravitated towards daytrading as something that would let me have the life I want for myself. Curiously enough my job got moved to another location where I wont be going, so I have been given until the end of the year to either find another role in the organization or take a package and quit.
My situation kind of accelerated my journey this April, and I started reading up as much as I could on day trading and then stumbled on Andrews first book on Amazon. It instantly resonated with me and I felt like joining the BBT community and following Andrew's suggested path would give me a fair shot at making a career out of trading.
So I just bought the lifetime membership today and also signed up for the DAS simulator.
Hope to learn a lot from this wonderful community. Wish me luck!
Rahul
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Posted
Thanks Evan,
I was looking for a automated way to create a line. Since I end up entering and exiting trades often inside of a minute, Its not always feasible to manually draw a line.