Benjamin Tang

Hi BBT, I just watched William's ultimate DAS hotkey Aug 20 - 2020 youtube video and its pretty amazing but have some questions: 1) You double click on the chart where you want to place your stop loss. that is awesome but im wondering which part of the code is that Below are the hotkey scripts from William's video: For Long Entries and a $10 risk, stop order attached, and Target order of 1:3 StopPrice=Price-0;DefShare=BP*0.97;Price=Ask-Price+0.00;SShare=10/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;Price=Ask-StopPrice*3+Ask; TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS TIF:DAY+ For Short Entries and a $10 risk, stop order attached, and Target order of 1:3 StopPrice=Price+0;DefShare=BP*0.97;Price=Price-Bid+0.00;SShare=10/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;Price=StopPrice-Bid*3; Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS TIF:DAY+ 2) The above scripts doesn't support partial and set stop loss to break even. currently i use the following script to sell 1/4 of my positions and place stop order at break even CXL ALLSYMB;ROUTE=LIMIT;Price=BID-0.03;Price=Round2;Share=Pos*0.25;TIF=DAY+;SELL=Send;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos-share;TIF=GTC;SELL=SEND; when im using William's script, this script doesnt seem the work and i dont know why. i hope someone can tell me that and how to fix this? Kind regards BTang

Hi Justin, The last couple of days i got stopped out quite a lot. this might be something i have to try. This should be give me more control. Question #1: So lets say im using the following script. is it sufficient to remove the StopPrice=Price-0.01 part and put it into a different hot key? StopPrice=Price-0.01;DefShare=BP*0.97;Share=DefShare*0.167*Price*0.01;Price=Ask-Price+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price= Ask+0.03;TIF=DAY+;BUY=Send;DefShare=100;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; Question #2: Maybe my stop price (Price-0.01) is a little to tight? what do you recommend?

Interesting, Didnt know my hotkeys are based on 6:1. my leverage in SIM is currently at 4:1. can you tell me what i need to change in my Hotkey setup?

Hi Justin, No open orders at all (hope you can see it on one of the screenshot from my original post)

I use the following commands in SIM and trying to figure out what is going on. Double click to trade and Montage > Style > Stop Order is set Long StopPrice=Price-0.01;DefShare=BP*0.97;Share=DefShare*0.167*Price*0.01;Price=Ask-Price+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price= Ask+0.03;TIF=DAY+;BUY=Send;DefShare=100;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY+; I use this Long command (please ignore the entry, its on purpose). i was expecting the stop loss will be triggered but that is not the case. can some body explain what is going on? Short: StopPrice=Price+0.01;DefShare=BP*0.97;Share=DefShare*0.167*Price*0.01;Price=Price-Bid+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price=bid-0.03;TIF=DAY+;SELL=Send;DefShare=100;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.3 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY+; I use this short command (please ignore the entry, its on purpose). i was expecting the stop loss will be triggered but that is not the case. can some body explain what is going on?

I want to improve my pattern recognition skill. Besides ripping through charts, watching trade reviews / recaps from other traders etc, What else can i do? any suggestions?

HI all, I have attended @Carlos M. pre market sessions. How do you know the daily chart / 5 min chart is good enough while doing the pre-market analysis? What do they are looking for? Kind regards Benjamin

Hi @Michael McCausland, That is a nice setup. very portable can you tell what kind of monitoring you are using?

Hi Jens, im also based in the Netherlands. Maybe we can start a group from the same timezone (if Banjo’s group is full)?

Hi All, im also interested in joining a group. I’m new but committed to spend 3-4 hours a day on working on my day trading skills for at least the coming year (while having a full time job).

This is awesome :-). Thank you for sharing

Which broker does the BBT community recommend to work around PDT Specifically for day trading? * Interactive Broker: I can only open a cash account. * off shore brokers (how save is your money): 1) CMEG 2) Trade Zero love to hear your opinion

Hi CliffG, Nice to meet you and its great to see other people from the Netherlands inside the BBT community

Hi Khizer, Nice to meet you. Im based in Haarlem (its nearby Amsterdam)

May i ask what your preferred solution is?