Sapperstien

If I trade a position in DAS does it show in TWS? I know it doesnt the otherway around until the next day with DAS.

So the typical trader only has the first hour of the day to make money and markets moving. I've searched with no luck as to a service that will allow me to replay stocks I would have wanted to trade but didn't have the screen real estate or were outside my price range like Apple. Something tick by tick, with preferably L2 and T and Sales although not needed. Something tradingview replay mode doesn't show the candles forming in realtime. Just prints one candle and the next. Pretty fake. Something to practice in the evenings. Thanks.

Wow. This is super helpful. Im definitely gonna be using this. Already imported into DAS.

Thanks big guy. Its the simple stuff like this that went right over my head in trading 101. I guess it comes from my trading perspective from another trading group that is always on max risk. Would say the name and you'd know who it is but dont know if that group's a swear word around here... I will greatly reduce risk/trade so that like you say I can feel comfortable with it if I lose it. Okay, that's kinda what I'm after. Like The info-graphic with the risk per trade based on stop loss distance doesn't take the price of the stock into account. So a $0.10 SL on a $250 stock is severely different than a $0.10 SL on a $2 stock. If I have to decided in real time on how far I want my SL to be from my entry then I have to check the infographic. That means that I still have to know how many share I can take for that stocks price per share and Im wondering how you guys do that in real time. I did the math for a $0.10 SL and a $1 SL on both a $2 stock and a $250 stock. The numbers work out to needing a $1000,$100,$125000,$12500 account respectively. Since the $125000 is clearly impossible I would have to decide my max amount of share for that stock price before I decide the risk per trade. Does that make sense? Im basically trying to figure out which comes first. The risk per trade calc or the account size calc. And how to do it quickly. Im thinking for now I just do the risk per trade calc and not trade stock more than like $50. IDK still confused out hurr.

Thanks for the reply. So it isn't typically advised to use leverage to increase acct size? Why would I need it to short?

Hey there, Say I have a $5000 starting account balance. At 1% risk per trade that $50 risk on each trade. I download the infographic which is taped to my desk. I'm with IBKR in Canada which gives me 3.33x leverage. Okay cool, that means on a $0.25 stop loss I can take 200 shares. How do I work my leverage into that now. Since my Risk per share is capped at $50 do I multiply that by 3.33x to get a risk per share of ~$165 (at $5000 X 3.33= $14000) and thusly ~600 shares? Or do I only get to take more shares (~600) but not increase my risk per trade ($50) at $0.25? Kinda having a hard time wrapping my head around this one?

That worked. Thanks boss.

Where it says choose files:no files chosen. I can only upload one. Tried 3 browsers on 2 different operating systems now. Windows 10/OSX

I did. And also just used a different browser. Still no go. Ugh.

When you get to step 2 after you pay it asks you to sign the attestation as well as upload a gov't photo ID simultaneously. I have tried multiple times to choose to upload two items at once. It wouldn't allow it. Then I pasted the image into the the attestation PDF file so I was only sending one file and still I got an error telling me to upload both pieces at once. Has anyone else had the same issue and can help me out? Thx

Haha. Apparently. Thanks again.

ahhhhhh. The lightbulb went on. I totally get it now. Thanks.

Right, but thats also the actual $ amt that youre putting at risk in every trade. And you cant do more because you dont know if it'll be a successful trade. So im still confused as to when anyone would use the leverage. People would have to take on positions 3x their actual account size? I dont think you'd find anyone like that.

Lol then whats the point of margin. Who would take on a trade 3x the size of their account? Thats just... I mean were to work with 1% per trade so I dont see the need.

What I'm asking is that if I only want to use 1% of my acct size per trade, then how do I get the 3.3x leverage without it just using 3.33% of my trading account?

Canadian here so ew only get 3.33x leverage with IB. Which is fine. But every time I trade it always uses from my own margin acct and not using their leverage. Id like to use their leverage before using the entirety out of my acct. How do I actually use the margin when I want to only take 1% acct risk per trade? Thx.

Just thought I'd share that it'd be awesome to have all the lessons in the education center uploaded to YT on a private playlist so that we can play them at different speeds. I usually watch videos at 1.25 or 1.5x speeds... Just an idea. Thx.

Old free TV uptop. Curved 34"UW MSI, and 27"vertical on right (looking to get another on the left side). i7 4th gen. 16gb ram, 512 SSD (SSD, or M.2 is a must in my books). Looking to get wired peripherals as next upgrade and then a adjsutable deks for stand/sit.

Thanks for the replies. That's awesome. I also just found the printable chart for q quick calc. Do you have any idea on the max loss per day question?

Ive been going through all the materials and studying the lessons and i see the three steps to deciding how to choose how many shares per trade to take. It just seems like in the moment when were fighting for tenths of a second with special order types with routes etc. that punching that all out in a calculator takes too long. Also how do you guys choose the number for max loss per day?

Anyone live in Edmonton area wanting to meetup/talk about trading? Interested to talk to other traders since I haven't found one in the city. Thx.