Girish Kumar
Lifetime Members-
Content Count
6 -
Joined
-
Last visited
Community Reputation
1 NeutralAbout Girish Kumar
-
Rank
Girish
Recent Profile Visitors
945 profile views
-
I have been using these hotkeys and they have helped a lot. I wanted a slight variant to get into a trade. At present the hotkey picks the price from mouse click as stop loss level and then gets into the trade with $X risk. I want to send a Limit order to buy at a specific price (selected by clicking on the chart) and then setting up the stop loss accordingly to have $X risk. (sort of reverse of existing setup). Would be really helpful if I can get these for Long and short position. The rationale to use is that when watching multiple charts, I sometimes miss the movement on chart A when focusing on chart B. But I have levels marked at the point where I expect to take a trade. With trades pre set with limit orders, this will become easier to manage.
- 588 replies
-
- scripts
- risk management
-
(and 3 more)
Tagged with:
-
Thanks a lot for the Hotkeys. They have been really helpful. I am using flat $50 stop loss and it calculates the position accordingly and sets stop loss. Then I can partial out if it goes in my favour and stop loss moves to breakeven. And finally I use a hotkey to exit all. I want to understand, how to scale-in a position. Say its long that I wanna target. And I have taken a position with $20 risk and then it starts to go in my favour and I want to top it up. So overall risk may now be 40. But I think, in my current setup, it would add another order with another $20 risk rather than averaging out. Here are the keys I am using: Long: Step 1: Long with $20 risk per trade WITH Stop Loss StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=20/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; Step 2: Sell 25% of your position when long and cancel the current stop, and reset it with remaining position at break even. CXL ALLSYMB;ROUTE=LIMIT;Price=BID-0.05;Price=Round2;Share=Pos*.25;TIF=DAY+;SELL=Send;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos-share;TIF=GTC;SELL=SEND Can repeat Step 2. multiple times. Step3: Last Step: Sell all + cancel all the orders for the current ticker CXL ALLSYMB;ROUTE=LIMIT;Price=BID-0.05;Price=Round2;Share=Pos;TIF=DAY+;SELL=Send Short: Step 1: Short with $20 risk per trade WITH Stop Loss StopPrice=Price+0;DefShare=BP*0.925;Price=Price-Bid+0.00;SShare=20/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price=Bid-0.05;TIF=DAY+;SELL=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; Step 2: Cover 25% of your position when short and cancel the current stop, and reset it with remaining position at break even. CXL ALLSYMB;ROUTE=LIMIT;Price=ASK+0.05;Price=Round2;Share=Pos*.25;TIF=DAY+;BUY=Send;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos+share;TIF=GTC;BUY=SEND Step3: Last Step: Cover all and cancel all the orders for the current ticker CXL ALLSYMB;ROUTE=LIMIT;Price=ASK+0.05;Price=Round2;Share=Pos;TIF=DAY+;BUY=Send
- 588 replies
-
- scripts
- risk management
-
(and 3 more)
Tagged with:
-
Most frequently used hotkeys
Girish Kumar replied to Aiman's topic in DAS Trader Pro Tips and Tricks
Thanks Justin -
Most frequently used hotkeys
Girish Kumar replied to Aiman's topic in DAS Trader Pro Tips and Tricks
Here is a screenshot from the doc. Just wanted to confirm if the sign should be "minus" at the red arrow -
DAS Replay Feature (Qoute Mode)
Girish Kumar replied to Carlos M.'s topic in DAS Trader Pro Tips and Tricks
HI Kyle, I have recently joined and wanted to check if you have shared the link to download this file for historical tradeIdeas gap list- 68 replies
-
- das trader pro
- replay
-
(and 2 more)
Tagged with: