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Brendon

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Posts posted by Brendon

  1. Posted

    @glennthephoneman2020 I prefer to use Camtasia, it has more features and easier to record and edit in my opinion. Andrew and most mods use it as well. Not a fan of OBS. A lot of members record their trading days for journaling, it's definitely helpful! And to do video recaps helps a lot on going through your thought process. I am more a video guy than hard logs, I run off the 'big picture' for a month's worth of trades. I am not trying to micro manage my trades down to a point but I am sure I am losing out on some by not doing so. 

     

     

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  2. Posted

    Dang, and you just got your dope new setup too! I run 8 monitors 1080 landscape, never had any issues at all. What gfx cards are you running? You can trouble shoot by maybe trying a different gfx card. I also have an HDMI switch that moves between my trading rig and my wife's work comp. Even with that I have no issues. 

    Make sure your res is the same for all monitors, like don't run 1080 on some and then a different res on another, I can see that messing with DAS big time maybe. 

  4. Posted

    On 12/2/2019 at 10:05 AM, Sapperstien said:

    Hey Kyle, This might be difficult to do and kind of dangerous to rely upon but do you think it would be possible to implement having it only execute and round to the nearest and smallest board lot (100shares) so you don't execute in odd lots? Obviously and shares <100 (mixed) would have to be executed as 100. 
     

    I don't believe it would be possible given what I know of DAS' hotkeys but I thought it would be worth a shot. Would help save on fees. Thx. 

    Curious, how would this help save on fees? Odd lots cost more? I haven't noticed with IB. 

  6. Posted

    8 hours ago, Glen Ayres said:

    Hello my name is Glen A. and I live in southern Indiana and just north of Louisville Kentucky. I have contributed to my 401 and pension for the past 19 years recently opened a Brokeragelink account  with Fidelity so could have more control over my investments. I'm excited to learn how to day trade and see if it is a good fit for me. I look forward  to  meeting People on the forum and to learn from them. Thanks

    Welcome Glen, I went to Purdue in IN, go Boilermakers! I agree with having control over your investments, personally I manage my own investment account with ETF and indices vs a 401(k). I rather have the control to withdraw and not wait until I am in a wheelchair to use my money lol. Trading is a great way to supplement your income and I get a trade or two in with the boys before work. Beats anything else to have a side hustle. 

  7. Posted · Edited by Brendon

    Hi Traders, BiG B here.

    I am new to IB and apparently they restrict margin on a select number of stocks everyday depending on a variety of parameters, but I guess it's really due to volatility over a time period. Example ROKU has been bonkers the past 6 months and my order was rejected today. SureTrader pumps out a margin ticker list I think, CMEG may as well, in their platforms (DAS) but TWS with IB does not. Pretty ridiculous if you ask me.

    So if you are using Kyle's auto share size hotkey be aware your order could be rejected if your position is too large compared to you buying power. If you're trading with a smaller account like me taking large sizes even with minimal risk of $50-$100 per trade. 

    Another reason to have a large enough account where you do not need margin...better save up small account traders!!! I am and probably will lower my risk per trade to $50, been using $100, to avoid order rejections. 

  10. Posted

    I think this can be helpful for those who may need to leave their station and can't monitor the trade if it is a longer hold. But as traders we really need to be interactive to progress. Stopping out can be tough but scaling out at the proper r/r levels should be easier and something we all need to master and be interactive on. Kyle's stop out script prevents us from blowing up accounts and he has accomplished that. Too much auto pilot can be a handicap. But I definitely am in favor of trying this out and having the option for different types of trades or taking multiple trades at once!! 

  12. Posted

    1 hour ago, Allen Stout said:

    Hey everyone. My name is Allen. I am 34 years old living in Indianapolis IN. I work for the rail road as a Yardmaster. I control all the movement of the trains going in and out of the yard. Kind of like an air traffic controller but with way less stress. Its a great job that allows my wife to stay home with our kids but is tough on me not being able to see them. I currently work 2nd shift and that really plays well into me learning to day trade.

    So far the community has been great and I am really excited to start to learn and get to know everyone.

    Great Allen! Welcome! I went to Purdue, IN is pretty cool, real down the earth people. That's great u can do the 2nd shift, I had to moved coasts to be able to trade and work ha. 

  17. Posted

    If you're starting out, decrease that 1% risk per trade to 0.5% risk or 0.25%, 1% is usually what experienced traders work with because they have a large enough account, well over 25k and have the buying power to keep trading after red days. But since you mentioned your acct is around 5k and most new traders start with a small account. That 1% rule may not be the best option for your account size due to buying power risk (not being able to make trades with more expensive stocks). 

  22. Posted · Edited by Brendon

    Hi dmiles, I know exactly what you are going through. To be fully transparent I used CMEG for about 1 year exactly and before that SureTrader and various other full service brokers.

    My experience was mixed, CMEG did have some of their broker rule changes and auto account wind up liquidation changes without informing their clients by email beforehand. Basically, they were changing their rules on the fly without giving notice and that 'messed' up some of my trades. I was holding some positions overnight during that time. I have had issues where trades got rejected for no reason and tried calling. CMEG is exactly what you said, when it works, it works fine, but when there are issues, getting a response can been difficult.

    When they first started back around Feb 2018 I dealt with their clients services directly and they were EXTREMELY helpful in answering all my questions. I did have success with wiring money in and out of CMEG within their time-frame but requesting statements was received with some dislike on their end. They only had a few dozen accounts at the time and I have no idea how much they have grown now but it could be an under-staffing issue. 

    I have an IB account also now as a domestic broker is more reliable and their customer service is superb. Frankly, if you are just starting out, the PDT rule is probably for the best, and having unlimited day trades with a very small account offshore can be risky to account blowup. It was for me and I have learned to be better for it. 

    And yes I agree, a confirmation email on all requests NEEDS to be sent to clients, that is unacceptable service on their end. 

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