Robert H

SMART is IB's intelligent routing mechanism.You can read more about it here: https://www.interactivebrokers.com/en/index.php?f=1685 https://ibkr.info/node/728 Some have said that SMRTM doesn't work for simulator. SMRTL does though. Unfortunately, there are limited resources for DAS. Our DAS FAQ probably has more information than the manual. For hotkeys, I just click-through the list of Available Commands and read the Command Tip for each. My personal opinion is that less hotkeys are better. I keep it very basic (buy, sell, charts, etc.) to minimize the chances of making mistakes.

Wow that is incredible! I noticed it only works with the Montage selected. Chart and watch list don't work. We don't have image uploading enabled in the forums. You can upload to imgur.com and paste the link.

I added April 28th as tentative date. Andrew may be traveling in May. Could everyone please update their availability? Thanks.

Maybe us folks from the other Vancouver/PDX area will join you. You guys are only about a 5 hr drive up north. Yes, all from the Pacific Northwest are welcome to join!

Michael, I don't think it is possible to pass a parameter (like stock symbol) into a DAS command hotkey. Wouldn't hurt to ask them directly though [email protected].

NFLX Reverse ABCD and Double Bottom Reversal - April 17, 2018 NFLX gapped up on earnings and hit new all-time highs. Andrew traded it numerous times in the morning until noon. However, I didn't touch it as I had already hit my daily profit goal trading other stocks. At 3 PM, I came back to my desk and saw that NFLX was selling-off badly. I thought to myself 'I'm done for the day, but this looks like a great opportunity.' I ended up taking two trades: one short and one long. 1st Trade - Reverse ABCD on the 1-minute chart From above, NFLX had lost the 9, 20 and 50 MA's on the 5-minute chart with little resistance. I decided to wait for a pullback and see if there was continued weakness. After the pullback I went short on a new 1-min low at 335. My stop was the high of consolidation area at 335.50. I covered at the 334 level and below during the $2 drop. 2nd Trade - Double Bottom Reversal on the 1-minute chart After closing my short position, I thought I was done for the day (this time for real). But nope, I saw a double bottom form on the 1-minute chart as it failed to make a new low on the 5-min chart. I went long at 334 with a stop below the second bottom of 333.40. The moving averages on the 5-minute chart looked like potential profit targets. NFLX rebounded and climbed back up to the MA convergence area. I managed to take profit gradually on the series of higher-highs and higher-lows. My final exit was just shy of $337 which was nearly $3 above my entry.

LITE VWAP False Breakout / Bull Flag - April 17, 2018 LITE sold off big at the open after it lost VWAP. It tested the level multiple times but looked really weak. Then at 11:10 AM it punched through VWAP and formed some sort of a bull flag. I waited for the consolidation and went high on a new 5-min high at 58.90. My target was the HOD for a reward-to-risk of 3.3. The stock popped on high volume and touched 60.40 on the very next candle. I took profit along the way and decided to hold my last remaining shares for $61. Unfortunately it peaked at $60.50 and I sold the last handful for a tiny profit 2 hours later.

MU Opening Range Breakdown - April 13, 2018 MU opened really weak and looked like the perfect ORB to the downside. 1st Trade I did just that and shorted it after the pullback to VWAP. On the very next candle it decided to pullback to VWAP again and I was stopped out. I was very cautious of the stock after that. 2nd Trade Once MU tested and lost the VWAP for the third time, I went short on a 15-minute ORB. My entry was 52.95 with a stop above VWAP at 53.20. My initial target was the previous day close (PCL) at 52.60. The reward-to-risk was rather low at 1.3. The Bears took control and MU completely lost it. It dropped nearly $1 on the single 5-minute candle. I tried being patient and scaled out slowly. At the 52.17 level, I was all out of shares and closed the position. The stock pulled back momentarily and continued it's descent to $51.60! That's almost a $2 drop from the open.

FB Opening Range Chopfest – April 13, 2018 Facebook was not in play today. However, I've been keeping it on the watchlist along with MU. I paid dearly for that as I was chopped up in the first 15 minutes. 1st Trade – Opening Range Breakup FB opened strong above VWAP and I went long near the break of the opening 5-minute candle's body. Unfortunately I was unable to take any profit on the pop and was stopped below VWAP. 2nd Trade – Opening Range Breakup After seeing the chop in the previous candles, I kept trying for another ORB. I went long after we cleared the 15-minute opening range body. I was stopped out below VWAP again. Ouch! There is nothing really interesting about these trades. It is more of a reminder to stay away from chop. The second trade was completely unnecessary and avoidable. I wanted revenge for the first loss. Look at how FB continued to chop around the moving averages after losing VWAP. The cluster of lines look like a railroad yard on a map.

FB Top Reversal – April 11, 2018 FB was bullish again after Zuckerberg testified yesterday. The stock touched $168.65 as it marched up steadily during the midday and afternoon. Again, I waited for a short opportunity. This one came with just 15 minutes left in the trading day. After a big wick doji appeared, I waited for signs of a top reversal. I went short on the new 5-minute low at 167.68. My stop was a moving average on the 1-minute chart at 167.90, with a potential target of the 50 EMA on the 5-minute chart. The reward-to-risk was somewhere around 2.5. After it lost the 9 and 20 EMAs, the bottom fell out completely. The 50 SMA couldn't support the sell-off and it tanked all the way to VWAP. I covered along the way and exited my remaining shares at 3:56 PM.

FB Top Reversal – April 10, 2018 The day that Mark Zuckerberg testified in front of a Congressional hearing, FB soared $5 in half an hour. It was getting extended from the 9 EMA and I waited for a short opportunity. After the bearish engulfing candle appeared, I went short at 164.95. Seeing as how far the top was, I used a moving average on the 1-min chart for my stop loss of 165.25. The profit target was the 9 EMA for a reward-to-risk of 2.9. The next candle saw a huge plunge and I took profit along the way. However, the bulls were still strong and it bounced off the 9 EMA like a rocket booster. I quickly covered my remaining shares with the last bit just below break-even. I am really proud of this trade because I didn't chase the run-up and waited patiently for a better trading opportunity to present itself.

With the help of Raymond W, we’ve been able to define a single hotkey for flipping an open position: Simulator: ROUTE=MARKET;Share=Pos*2;TIF=DAY+;SEND=REVERSE Interactive Brokers: ROUTE=SMRTM;Share=Pos*2;TIF=DAY+;SEND=REVERSE Note that this hotkey will send a market order.

IB Canada doesn't have the 25k PDT rule. However, they may restrict accounts to Canadian residents. With less than $25k, IB US may enforce the PDT rules on you (assuming they let you open an account from Israel). Your best bet is to contact IB directly for answers. If you have $30k, consider SpeedTrader. It appears they accept clients from Israel according to their FAQ.

Riley, that FAQ is outdated. Please see the current IB Canada FAQ for confirmation that PDT rule does not apply to Canadians. How does the SEC day trading rule affect Canadians? The day trading rule doesn't affect IB Canada accounts. I personally funded my account with $10K USD initially and can vouch for this.

Great news! Yes, I would stick to the Trades window for best accuracy.

The Account and Close Positions P&L windows don't include commissions. The Account Report does attempt to incorporate fees. However, the commission rate used in the calculations is not really understood. The best way to estimate fees are: 1. SureTrader/CMEG: $2.95/ticket 2. IB: 0.005/share

Pankaj, You are correct for all except number (3). That field is today's trading range (high and low), excluding pre-market. For clarification: (4) is the net chance since previous day close (PCL) (6) is today's volume including pre-market Please take a look at page 3 of the DAS Trader Manual for reference.

Monk, check out this YouTube video Brian uploaded for a Double Bottom trade on MU.

That's very odd. Try another keyboard and see if the issue persists. I've never had that happen--only hotkey mistakes lol

I haven't experienced anything like this before. But maybe that's cause I've never looked at my closed positions in the Orders window. My suspicion is that the price you see in the Orders window is the price sent by your hotkey (bid/ask +/-). While the price in the Trades and Account window is the simulated fill price. That would explain the discrepancy. Maybe try reverting your hotkeys back and comparing again? So we can rule the hotkey out of the equation. Note I always look at the Trades window as the official record. The Orders window is only for open orders (stop or limit order, etc.). I turn off the setting to 'Show Closed Orders'.

Are you making sure the Montage is selected when pressing the hotkey? It has to be active for the hotkey to work.

From the Trade menu > Trades

Bob, a chart can only be linked to a market viewer via Montage. So you will need to create separate 'stations' with their own montage, market viewer, and chart. Take a look here for an example. My main market viewer (next to calculator) is linked to the bottom center station. Hope that makes sense.

There are actually two separate windows: Trades and Trade Log. May you please post both along with the other windows? Thanks.

Oops, I corrected the original post. Right-click Chart > Configure