Sosa

I've been using Kyle's dynamic dollar risk with a hard stop hot keys for the last couple months in sim and they have been working great. Recently as a part of a new edge I'm testing I'm scalping momentum around HOD/LOD breaks. I've been trying to set my scale out orders at the predefined R values given the hard stop I used to autocalculate the share size and enter the original position. Currently I trade all symbols from 1 montage and only trade 1 stock at a time. Below is the script I've been using for the scaling out from a long position at 0.5R/1R. It seems to work on the first trade of the day or the first trade in Replay mode and then it doesn't work and the price of the sell order is way too high and not accurate to my 0.5R or 1R target partial exit. I'm assuming it has something to do with the StopPrice field in the montage not updating? Does anybody have a recommended solution or fix? Long Position Sell 50% at 0.5R Route=Limit;Share=Pos*0.5;Price=AvgCost-StopPrice;Price=Price*0.5;Price=Price+AvgCost;Price=Round2;TIF=DAY+;SELL=Send Long Position Sell 50% at 1R Route=Limit;Share=Pos*0.5;Price=AvgCost-StopPrice;Price=Price*1;Price=Price+AvgCost;Price=Round2;TIF=DAY+;SELL=Send

Hi @Hiltzy! Love these recaps as I continue to develop my Playbook and BHOD/BLOD as the main part of it. I really find understanding your thought process on the best/worst trades super helpful. I just had one ask if possible, would you be able to add your stop loss level on the chart for these trades? Or is there a specific $ rule you are following instead?

Let's do it! Looking forward to it, PM sent.

I'm from Edmonton too! Would love to chat with some fellow BBT members here.