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Everything posted by Justin
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That is correct! You don't need an IB account and DAS sim will still show the short inventory.
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Hey Casey, Right click on your chart > Configure > Check "Right click and move in price area to zoom in/out vertically" Now if you right click, hold and drag up and down on the price area, it will zoom your chart.
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Hey Aki, As a new trader I definitely would recommend just managing one trade at a time. But as you get more experienced and comfortable you will see your ability to manage more than one trade increase. In your scenario, you could also win both trades on each day, or lose. Another scenario is where you might have already partialed out and locked in profits, making it easier on the mind to go look at another trade. It's rare, but sometimes I'm in four trades at once
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Hey Teruki, sorry this went unanswered! I think this is what you are asking for, but I can't test it quite properly as the market is closed. StopPrice=Price;DefShare=200;Price=Ask;Route=LIMIT;TIF=DAY+;BUY=Send;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF=DAY+; It should allow you to place a stop where you want by clicking and allow you to buy 200 shares at the ask. Of course you can change the qty of shares and ask to bid if you'd like (in bold). Also swap the orange ones if you want to use the hotkey for shorting. Is this what you were hoping for?
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Click Chart Price Limit Order Hotkey
Justin replied to Phil's topic in Day Trading Hardware, Software and Tools
It's an absolute pleasure Phil! This is what the community is all about! -
Click Chart Price Limit Order Hotkey
Justin replied to Phil's topic in Day Trading Hardware, Software and Tools
Hey @Phil So this allows you to place an order (when going long) above the current price. When it triggers it will automatically set a stop loss $150 below your entry. ROUTE=STOP;StopType=LIMIT;StopPrice=Price;Share=100;TIF=DAY+;BUY=SEND;StopPrice=150/Share;StopPrice=Price-StopPrice;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; This is for Short: ROUTE=STOP;StopType=LIMIT;StopPrice=Price;Share=100;TIF=DAY+;SELL=SEND;StopPrice=150/Share;StopPrice=Price+StopPrice;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; -
A quick vid on hidden orders / over extension! (live trade)
Justin replied to Christopher's topic in Day Trading Strategies
Of course! I'd enjoy watching them myself! You could even start it as a Journal in our journaling section if you'd like (but I'm not really fussed where you post it): https://forums.bearbulltraders.com/forum/11-day-trading-journals/ -
Hey Gopi, You should have full trading capabilities. Make sure your Montage Style is correct. Right click on the montage at the bottom and click Style > Stop Order It should look like this:
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A quick vid on hidden orders / over extension! (live trade)
Justin replied to Christopher's topic in Day Trading Strategies
Very nice @Christopher Patterson! I was actually in that trade long, riding it to the top. That was my exit for the same reason! I should have reversed, but was happy to take my profits and be done. Well done; thanks for sharing! -
Click Chart Price Limit Order Hotkey
Justin replied to Phil's topic in Day Trading Hardware, Software and Tools
Hey Phil, what your wanting with the open order above the price does make sense. But once again... not sure if it’ll work I’ll crack at it tomorrow! -
Hey Moein, welcome! Although I'm in San Francisco now, I was originally from Victoria, BC And of course Andrew is in Vancouver! I'm sure we'll see you at a meetup soon enough!
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Click Chart Price Limit Order Hotkey
Justin replied to Phil's topic in Day Trading Hardware, Software and Tools
I'm not 100% sure what you mean by this. Can you explain further? Yeah, the hotkeys only work when you put the price below (when long) or above (when short). Do you want to be able to enter an open order above the current price (if going long) because you want it to fill if it starts heading in your direction? Because in my mind, I just see that as a worse entry... But maybe I'm not interpreting what you're saying properly. Let me know! -
Click Chart Price Limit Order Hotkey
Justin replied to Phil's topic in Day Trading Hardware, Software and Tools
Hey Phil, Ok, I think I've got something. The only issue is that there isn't (I believe...) a way to set a future price to buy/sell at that will trigger on the ASK or BID when it gets there. You can only set a specific price for a future open order to trigger at. Please someone correct me if I'm wrong on this. If you click on a price on the chart, fire this hotkey script, it will set an LIMIT order where you clicked. If it gets triggered, it will buy (for the long hotkey...) 100 shares and set a stop loss below that price, that will limit any loss to $150: For LONG: Price=Price;Share=100;Route=Limit;TIF=DAY+;BUY=Send;StopPrice=150/Share;StopPrice=Price-StopPrice;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; For SHORT: Price=Price;Share=100;Route=Limit;TIF=DAY+;SELL=Send;StopPrice=150/Share;StopPrice=Price+StopPrice;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; -
Hey, If you have no open orders (like a stop loss set) then it will exit all open positions with market orders. But if you do have open orders, it will cancel them first and then you have to hit it again to exit all open positions. And yes, it will close all accounts. You can specify which account PANIC targets with: PANIC ACCOUNT=xxxxxxxxxx
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Click Chart Price Limit Order Hotkey
Justin replied to Phil's topic in Day Trading Hardware, Software and Tools
Hey Phil, Yes, this makes perfect sense! If it's possible is the next question.... The problem is the stop size. Trying to edit the stop portion of an order is a bit difficult in DAS. One clarification question. The hotkey will have a set share size built in? Like you'll have one hotkey that does 100 shares, and another that does 250, etc.? -
Hey Peter, sorry I missed this. Although I'm guessing by now you've got everything figured out? Hey Ranaji, these would indeed sell 50% of your long or short position. The only issue is, that if you have a stop loss set, it wont update it. So if you're long 120 shares, use your hotkey to partial 50%, you'll now have 60 shares remaining, but your stop loss will still say 120. And if the stock reverses and hits it, you'll be put into a short position 60 shares. That is why I suggested the hotkeys you posted at the bottom of your message. The CXL ALLSYMB at the beginning of the hotkey will cancel any stop loss you have set, sell 50% of your position, and then reset a new stop loss (at break even) with the correct amount of remaining shares. Can I ask why you don't want to move your stop position? If you add to your position your new average price is higher. So if the stock goes back to your original stop loss position you will be in the negative.
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Click Chart Price Limit Order Hotkey
Justin replied to Phil's topic in Day Trading Hardware, Software and Tools
Hey Phil, welcome! You might want to check out Kyle's hotkeys. It's very similar to what you are trying to achieve. In one hotkey, you click on the chart where you want to set your stop loss, and when you hit the hotkey, it will buy at the current price (which you can set to limit and ask + 0.05), and it will auto calculate exactly how many shares to buy based on your risk ($150), for whatever the stock price is. So if it hits your stop, you'll be out $150. -
Das Trader Pro - Candle stick Issue
Justin replied to maxel1987's topic in DAS Trader Pro Tips and Tricks
Hey, thanks for the video! You know... I believe this is completely related to what I've described in this other thread regarding how DAS draws pixels on the chart. Especially with numbers that large and tight candles. I'll reach out to them and check. -
Das Trader Pro - Candle stick Issue
Justin replied to maxel1987's topic in DAS Trader Pro Tips and Tricks
Hey Maxel, Not 100% sure about your first question. Although it's possible DAS is showing the Bid or Ask price line instead of the Last Price. Can you try right clicking on your chart > Chart Area > Config Area, and make sure "Show Last Sale Price" is checked along with "Show Last Sale Price Line" For your second question. You mentioned you're trading with your demo accoun, so that wouldn't update your figures in your IB account as those figures reflect your live balance. One thing to note is the demo account (TRIBTXXXX) tied to your live IB account, will reset every day to the original equity and buying power. Although, I may be misunderstanding what you're having a problem with; in which case maybe you can add some clarification -
Welcome Justin! You're off to a great start with that kind of insight. Check out all the videos and resources we have for learning and you'll be on your way! Awesome name btw!
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Hey Chris, Just spent over an hour talking with DAS support about this. It's pretty much a bug. The prices have a "pixel range" on the chart. So if you zoom in all the way, when you move your mouse up and down a bit on the chart the price will stay the same at 16.77 within a range. If you move your mouse to the lower range of those pixels (so it still shows 16.77 on the chart) it will give you 16.76 in the montage. Unfortunately, as you zoom out to see more, it smashes the prices (and pixels) together; so you can't determine what pixel range you're in.... Sometimes it only gives you the upper pixel range and sometimes it only gives you the lower... Unfortunately there is no solution. I'm still chatting with them... I'll let you know.