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Robert H

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Posts posted by Robert H


  1. 1 hour ago, Eric said:

    That link is still broken for me. I cannot get stop losses to work on DAS Trader at all. The example in this thread will not override whatever value is in the Montage. But even if I manually enter a value using "Load" then the stop will not exit the order once that price is reached. So for now I guess mental stops it is but I'd really like to get this to work.

    Here is the working link:

    Do you see your STOP in the Open Orders window?

    • Like 1

  2. 1 hour ago, Guest Karl said:

    In the Study configuration, where you set up Pricmarkers example, how do you set up different colors for the Line and the Value? I see the lines are many on the charts are red, while the Value is Yellow.

    On my charts, both are the same color.

     

    Thanks

    Select PriceMarker on the right side, and click Config.


  3. Old post, but relevant:

    Andrew takes off 25% of remaining in rapid succession.

    Personally I take off 1/2 or 2/3 after 1.5:1 risk/reward. Then I take the rest off based on the price action (holding support, no new 2/5 min lows, etc).

    William and Norm typically aim for higher profit potential and are more patient.

    It really depends on your style, strategy, and personality. 

    • Like 1
    • Thanks 1

  4. Right-click the bottom area of Montage > Layout Config. Use the arrows to add the Hotkey to the right side:

    image.png.9b5484ed7b0adb52efbd21d1700f378d.png

    Press OK. You should get a ribbon which says "Right click here to add button."

    Alternatively, you can load the Default Simulator Layout which includes custom buttons already. Use the Duplicate Window function to clone the Montage.

    Here are some sample scripts to get you started:

    ROUTE=MARKET;Share=400;Price=Ask;TIF=DAY+;BUY=Send
    ROUTE=MARKET;Share=400;Price=Bid;TIF=DAY+;SELL=Send


  5. On 3/4/2019 at 11:04 AM, simonro said:

    Hello,

    I am a new BBT on a trail membership, and also on a DAS demo account, getting used to the platform still.

    I was wondering how members manage their stop loss once you start taking profits?, is there a way to auto adjust based on current position?.

    For example if I enter Long with 500 shares, and set a Stop Loss for the same 500 shares, when I take a partial of 200 shares, I want the stop loss to be updated to 300 shares left.

    Is there a way to accomplish it?, otherwise how do you manage it so you don’t suddenly end up with an opposing trade?.

     

    Thanks

    Simon

    Unfortunately there's no way to achieve this automatically. You can manually modify existing STOP orders by:

    • Double-click the original stop order in Open Orders window. This loads it into the Montage
    • Update the Share number to your current position by pressing P on the Montage
    • Optional: update Price if you want to adjust new stop to break-even
    • Press RPL (replace) on the Montage

    This post describes how to set hotkeys to quickly achieve the steps:

     


  6. Tiered works out to be cheaper in nearly all cases. @peterB gives a good breakdown of the $0.0035/share and $0.35 minimum per order. Keep in mind that this does not include ECN, FINRA, and SEC fees.

    A good estimate of total fees is to take the total shares traded (in and out), and multiply by $0.005.

    So in both examples, that would be roughly $10.


  7. It depends if you go with Standard or Premium, and whether you subscribe monthly or annually. Most people go with Standard. Use coupon code VANCOUVER15 for 15% off by following this link.

    When you are first starting out, the cost of TI can be quite significant. This is why we recommend using the scanners in the chatroom.

    Keep a lookout for TI Test Drives and promotions. The former is a 5-day free trial; the latter offers significant discounts.


  8. Hi Bart,

    We received your e-mail response. Please note that replies to that automated e-mail address are not monitored. It's best to use the forums (here) to communicate.

    My solution to your issue is to explicitly state the number of candles in the hotkey. For example:

    1-minute chart: MinuteChart 1 3d; NumBar 30
    5-minute chart: MinuteChart 5; NumBar 24

    You can change NumBar to whatever zoom you prefer.

    • Thanks 1

  9. Platform wise:

    -Not direct access (data feed and executions are slightly delayed)

    -Lack of advanced hotkeys

    -Slower response time

    -Charting aesthetics and responsiveness 

    -VWAP was just added a few yrs back and was reported to be buggy. Most likely fixed now

     

    Broker wise:

    -limited short inventory

    -high commissions

     

    You get what you pay for. In this case: the platform is free lol.

     

    Try using the DAS 14-day free trial and compare for yourself.

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