Brendon

First day back after taking a month long swing trades . Never let a day trade turn into a swing trade, unless that is your plan. Anyway had a pretty great day on ZM, sorry screenshot is kinda lousy. After getting stopped out in the morning I gave it another go just thinking the setup was not quite ready. At vwap I went long, target was the gap fill on the daily. Then the 1 minute looked toppy and wicky, took 2 quick short scalps to the moving averages twice. The trend just seemed too extended on the 30 min and turned out it was. It always amazes me just how much respect those MA and magic daily levels have. I was scanning the multiple time frames constantly, 1,5,15,30 min and daily non stop while keeping an eye on the SPY just in case. I was using the MAs at where to cover short, and the daily levels to sell when long.

Good to hear Glenn, that you have yet to notice any software/hardware issue. I think it may be possible that if hold your finger over the button pressing lightly then pressing hard it could register 2 inputs. But it's so rare if ever. I do like Jason's mechanical input though.

Yo Jason, nice setup! I think my streamdecks also double sent an order, i am not sure I didnt check my trader log at the time. Not sure if it was could be a streamdeck software issue or a hardware issue with those soft dome buttons? But i think when i covered, it double sent, and i also went long? Did that ever happen to you and that's why you got the mechanical input device? I think I will if that happens again as well, and keeps the decks or sell them But out of all my trades it really only happened once that I can remember and even then i am not sure...

Welcome! Make sure you join the chat every morning, trading is best learned by osmosis and pattern recognition.

Are you using CMEG or IB? If you're using CMEG you may need to reconfig to the correct routes.

Look no further Gumby

I use Kyle's keys to put a $ stop loss on a position before I enter it, you shouldnt put a stop on an already open position, too easy to have imaginary stop loss

I think we need to empathize this is a community and not a 'university' like the other groups out there that sell 'classes'. Our focus should be on the psychological aspect of trading, members will come and go to learn technicals but stay for the emotional support. Don’t let your emotions make your decisions Mistakes are...Expected, Respected, Inspected, Corrected in our Community corny i know...

Well done Mike, superb!

What I have been doing is after I scale out a few times, if I have to leave or work another trade, I set a range order for the last bit. It's the best I can do for now. Say after 3 or more partials But no I don't think Kyle has a hotkey for that.

im about ready to pay lodge's monthly DAS fees, this is painful but the determination will make him a great trader

hey just curious, why did you decide to go with tradestation over das?

Hi Kyle, I messaged you this a looong time ago and it could require a lot more scripting, but would be a great feature. This feature would allow you to have multiple scale out pending orders with 1 stop order at a fixed price (average cost, b/e, or another price figure). After a scale out, your stop order, which would of been sent to the market with Kyle's Keys, would again resend to the market depending on your current position size...so after 1 scale out your number of shares for your stop order would recalc and resend to market and after 2 scale outs, etc. Say you are long 300 shares @ $10 and want to scale out 100 shares at $10.30, 100 shares at $10.60, and the last 100 shares at $11.00 but want your stop to be at say be at b/e $10. And the stock hits your first two targets $10.30 and $10.60 but then failed and went back down to hit your STOP at $10. My question: is it possible to have the pending STOP orders calc your current position size, which is now 100 shares, not the original 300 shares? (Cancel and resend to the market after you're 'in the money stops' are triggered) Not really related to Kyle's Keys, but could be a new project if it would be practical

You have to be able to identify patterns and price action with proper risk management. Although a lot of the time the stock does the exact opposite of what we think, I have never heard of a trader who is successful simply by doing the opposite of his gut. In short, don't ever do that , btw I would lower your risk to $25-$50 per trade and take no more than 5 trades a day until your consistent. Also try sticking to going long vs short. I find short trades a slightly more difficult to identify.

Hey Kyle, I look forward to the new version! Sounds exciting. I think what would be most helpful to members would be: --Examples of you customizing the hotkeys (a few common ones) live in excel, entering them in DAS with the proper montage setting, then how to use them. Also converting Andrew's hotkeys from the classes using your settings. Most of which you have gone over before, but it's always best hearing the teacher again. Thanks!

Hi Ercilia, hmm I dont recall that I entered a tax ID number, I forget, I may have, this was a couple of years ago. I just made sure I had a statement from them and excel extracts showing my trades for my records. I was lucky enough to get both of those. Not sure if international brokers have TIN numbers, sorry! But if you dont have 25k, the best approach is to day trade under PTD and when you save up enough, go with IB.

Oh that was just Andrew using his crystal ball again

Real fun

I just lift, I lift heavy when im green, so I lift heavy all the time

Well done, smart. I was able to get some pitiful excel extract that was quite confusing (did not show the buy/sell prices of the position) but at least it showed the gain/loss and quantity for tax purposes, but by day, so a lot of manual work to add up tickers...And this was after several phone call/emails/ and voicemails left. Kind of unbelievable they close your access to your account with notifying you. Never again opening an offshore account, not worth the hassle. CMEG was once good when they opened up but they got flooded with accounts and couldn't keep up. Oh SureTrader is dead btw. Just bad news all around for these offshores, sadly. Maybe they will get a more streamlined process down the road but not with my money.

lol screw that brother, red flags abound, you gotta see a bad trade when it hits you in the face, i withdrew my money and they disabled the account so i cant pull any transaction data lol, i called today and they said they cant enable it again and 'maybe' can send me a spreadsheet of some data lol. i say feed them to the dogs. No issues with IB

Eh not a big fan of not trading in the 1st 5 minutes, too many moves you can miss, it will mess with your judgement and create anxiety. It sounds like you are the type of trader who wants to trade within the first 5, so do it!. Just respect your stop, and you will get better at taking 5 min ORBS, over time, for now make sure you risk little while you learn.

Where you actually able to get through to a person at CMEG, I have not for over a week.

Yup, you have to partial out, i use 1/3 and usually take 3 partials before im fully out. As to when, it depends on how the stock is behaving and if levels were tested. But more importantly is to move your stop to b/e after your first partial, you never want a winner to turn into a loser.

dang, i always have the worst luck with the meetups, missed the Seattle meetup by a week, and I won't be in NY until a week later on the 2/28, darn, oh well boys drink well without me!