Jump to content

Thomas

Lifetime Members
 View Profile  See their activity

  • Content Count

    24

  • Joined

  • Last visited

Posts posted by Thomas

  2. Posted

    Does anyone have a desktop config file to share for DAS with optimal chart configurations and hot buttons for trading options?

    I have a good setup for day trading stocks, and used Andrews config as a starting place and also use Kyle's hotkey scripts for buttons. Is there a similar desktop, hot button scripts and chart configuration for those interested in day trading options? I'd hate to reinvent the wheel if anyone from the community can help.

    @Andrew Aziz

    @nassarsyed

     

    • Like 1

  3. Posted

    On 10/1/2020 at 6:55 PM, hailchaser2 said:

    If you clicked at 21.99 it would calculate at that price, if it was moving fast, or your internet is slow, .04 slippage at entry would give you $83 difference. It doesn’t have to be .04 slippage just at entry, it could be .02 slippage at entry and exit.

     

    If you are using DaS you can look at “trade log”, it shows what your order was and where it was filled. You should be able to tell what slippage was from there.

     

    hope this helps.

     

    Hey, thanks a lot for the reply!

    The #'s I posted were directly from my trade log --- entry was 21.95 short, stop loss set to 22.11, shares purchased were 2083 and stop loss was triggered at 22.12

    ---- the risk was actually $333 versus $250 and my total loss stop amount was $354 based on the share size. The script is giving me too many shares for the risk $.

    Just seeing if my script is whack or if others are experiencing this as well, and just something we all live with.

    • Like 1

  4. Posted

    On 10/4/2020 at 2:04 PM, rinran said:

    @ThomasI've never had that issue. I used that hotkey on stocks from .50 to $50, the trades were momentum trades.

    My profit taking hotkey sets my stop-loss to breakeven after one partial, so the 10% loss is just an initial safety net.

    If you set the stop-loss to AvgCost * .99 then you're only giving yourself a 1% stop-loss, so if the price dips 1% from your entry you'll get stopped out. So I set it to 10% to get some breathing room for the price to fluctuate.

    Thanks for the reply!

    I might be using the script you posted incorrectly then. Do I need to double click the chart, like kyle's hotkey requirement to set price, or stop loss? I just clicked the button. First click puts me in with 2 shares. I immediately sell 100% and then click again and it gives me a lot of shares and puts my stop loss really far away.

    If you have been using this successfully, it is clearly m user error. Let me know if I need to click for price first or if there is a trick to it. I really like the concept so wanted to try it out.

  5. Posted

    @rinran I've tried the hotkey script you posted (in training account) and that one actually really interests me, so thank you for posting!

    Do you have issues where it only gives you 2 shares, then the next time it gives you proper amount?

    What stock price do you use this hotkey with? The 90% stop loss is super far on lower priced stocks. I had to change the avg calc to .99 just to get it close. Do you adjust based on stock price, or just only use for stocks with certain price ranges?

  6. Posted

    On 9/8/2020 at 12:32 PM, Thomas said:

    Hey @KyleK29, I've been using the hotkeys now for a while and having difficulty with my stop loss being near the risk $ I took. I am risking $250/trade as per the config option, but when I get stopped out it has been $350-380 range. I changed it to a LIMIT instead of market with .05 buffer on the same stock and then I get $260-280. Which is better, but problem with limit stop is I got skipped once and it freaked me out so went back to market order stops.

    It calculated too many shares: entry was 21.95 short, stop loss set to 22.11, shares purchased were 2083 and stop loss was triggered at 22.12 ---- the risk was actually $333 versus $250 and my total loss stop amount was $354 based on the share size

    Have you experienced this lately as well, or others?  I am getting too many shares for the risk $ Just wondering if other experience this or if this is a bug

    here is my SHORT $250 RISK script for reference:

    StopPrice=Price+0;DefShare=BP*0.9;Price=Price-Bid+0;SShare=250/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price=Bid-0.04;TIF=DAY+;SELL=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+;

    bump --- anyone else getting bad slippage when the stop loss triggers? I risk $250 and it's closer to $350.

  7. Posted · Edited by Thomas
    added more details

    Hey @KyleK29, I've been using the hotkeys now for a while and having difficulty with my stop loss being near the risk $ I took. I am risking $250/trade as per the config option, but when I get stopped out it has been $350-380 range. I changed it to a LIMIT instead of market with .05 buffer on the same stock and then I get $260-280. Which is better, but problem with limit stop is I got skipped once and it freaked me out so went back to market order stops.

    It calculated too many shares: entry was 21.95 short, stop loss set to 22.11, shares purchased were 2083 and stop loss was triggered at 22.12 ---- the risk was actually $333 versus $250 and my total loss stop amount was $354 based on the share size

    Have you experienced this lately as well, or others?  I am getting too many shares for the risk $ Just wondering if other experience this or if this is a bug

    here is my SHORT $250 RISK script for reference:

    StopPrice=Price+0;DefShare=BP*0.9;Price=Price-Bid+0;SShare=250/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price=Bid-0.04;TIF=DAY+;SELL=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+;

  8. Posted

    On 8/1/2020 at 10:51 PM, Alam said:

    No, Just the regular sim on real time around 10AM, i.e. regular market hours

    ok, I have to ask. Did you change the montage style to Stop Order? and enable double click on the chart to trade?

    Also, if you have IB account use SMRTL or SMRTM. If you are using the BBT simulator version, you have to use LIMIT and MARKET as ROUTE=

    Here are the scripts I use and they work: keep us posted

    BUY $100 with stop loss

    StopPrice=Price-0;DefShare=BP*0.90;Price=Ask-Price+0;SShare=100/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price= Ask+0.04;TIF=DAY+;BUY=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+;

    Short $100 with Stop Loss

    StopPrice=Price+0;DefShare=BP*0.90;Price=Price-Bid+0;SShare=100/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price=Bid-0.04;TIF=DAY+;SELL=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+;

     

    • Like 1

  9. Posted

    On 7/30/2020 at 11:03 PM, Thomas said:

    Hi Kyle,

    Is there a way to use your hotkeys without having to double click the chart to get the price?

    Meaning --- is there a way to just hit the hotkey and it buys the correct # of shares based on my buying power, 1% or 0.5% of my account size without having to double click the chart?

    This interests me for ORBs or quickly moving stocks and I don't have time to find the right spot to double click the chart so the current script can calculate shares. note --- I love your hotkeys for when the day is slower and I can set my stop and then hit the keys, but needed something quick for momentum trades and not needing 5 different buttons with share sizes based on the stock price range.

    Is this possible to generate from your spreadsheet?

     

    Ok, I answered my own question below and found the script. It's pretty simple, but the challenge with this is the amount of shares (risk) is perfectly fine for a $60 stock, but using the same buying power % of 25%, or even 15% at $15-30 gives me too many shares and the risk is a lot tighter and no room for movement.

    25% BP in this script is awesome, and equates to a $100 risk when playing AMD, but can not be used for anything in the lower price ranges, and I found having a 10% BP hotkey needed, or else the risk is closer to $350-$500 for any kind of small up or down.

    --- is there anyway to have a dynamic share hotkey based on $ risk without having to double click the chart?

    BUY with BP of 15% (simple based on BP and round2 price -- no need to double click chart)
    ROUTE=SMRTL;PRICE=ASK+0.04;PRICE=Round2;SHARE=BP*0.15;TIF=DAY+;BUY=SEND

     

  10. Posted

    23 hours ago, Alam said:
    • Hi Kyle, Amazing hotkeys. I am testing your dynamic hotkey in the sim account. It is placing the long order but it is not placing/triggering the associated stop order. I set the send stop trigger to TRUE in your excel sheet. Here's the script generated

    Are you in replay mode? Stop orders do not work in replay So just checking 

  11. Posted

    Hi Kyle,

    Is there a way to use your hotkeys without having to double click the chart to get the price?

    Meaning --- is there a way to just hit the hotkey and it buys the correct # of shares based on my buying power, 1% or 0.5% of my account size without having to double click the chart?

    This interests me for ORBs or quickly moving stocks and I don't have time to find the right spot to double click the chart so the current script can calculate shares. note --- I love your hotkeys for when the day is slower and I can set my stop and then hit the keys, but needed something quick for momentum trades and not needing 5 different buttons with share sizes based on the stock price range.

    Is this possible to generate from your spreadsheet?

     

  13. Posted

    On 7/9/2020 at 9:56 PM, Justin said:

    So what do you do when you can’t quite get the script right, and DAS says it’s impossible? Easy answer - You call @KyleK29! A very big thank you for his help on this one!

     

     

    What does this do:

     

    This 2 part script will allow you to set a stop loss, set a future price on your chart where you want to enter, and dynamically calculate the shares you can afford based on a fixed dollar amount.

     

     

    What do you mean by “2 part”?:

     

    With the current limitations of DAS, it's required to use two scripts (hotkeys) for this to work.

     

    1. The first hotkey will set where you want your Stop Loss to be

    2. The second hotkey will set where you want your Entry to be

     

    Final Thoughts:

     

    I very much consider this a BETA release.

     

    I’ve been testing this in SIM for a week and wouldn’t advise using it live without doing the same.

     

    I know a lot of people have been asking for something like this - I would love to hear what other scenarios people would use this for!

    How is this working for you? Ready for Live? Any of issues or changes?

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

  I accept