DAS - Dynamically Calculate Shares on %Risk or $Risk - Hot Key + Configuration, Updated 9/10/19, v2.1

[DAS - Dynamically Calculate Shares on %Risk or $Risk - Hot Key + Configuration, Updated 9/10/19, v2.1]

On 12/7/2021 at 3:28 PM, peterB said:

maybe check this to see how it is supposed to work

 

Thanks Peter! hope you guys had a great time at the HQ - watched the YouTube video. look so fun!

[DAS - Dynamically Calculate Shares on %Risk or $Risk - Hot Key + Configuration, Updated 9/10/19, v2.1]

10 hours ago, peterB said:

1. you clicked wrongly in the chart to set the stop

2. 39.58-30.30 equals 9.28 not 0.71

the idea behind the hotkey is that you click where you want the stop to be and it counts the number of shares to get you the proper number of shares with current price so you risk the desired dollar amount each trade no matter what priced stock you trade (some rounding and slip can occur due various reasons)

thanks Peter for the reply.

1/ noted on number 1, it means I have been clicking it wrongly all this time. Gonna see the videos on execution again.

2/ typo $39.58 sell at $40.3 (diff -0.73)

[DAS - Dynamically Calculate Shares on %Risk or $Risk - Hot Key + Configuration, Updated 9/10/19, v2.1]

Hi, I'm very new to trading and sorry if this questions has been asked.

I'd to get any of your help to understand the logic behind Equaliser trade risk. I'm still in using Das simulator.

1/ How come Long EQ $50 with AAPL price at $166.32 can get 445 shares. While LCID Long EQ $50 price at $39. 58 I got 1 share. 

2/ In term of profit/loss, Long AAPL price long, buy at $166.32 and sell to $166.25 (0.07 diff) - loss -$34.25.  Long LCID buy price at $39.58 sell at $30.3 (diff -0.73), +0.71. I mean the movement is higher but less profit.

Appreciate if anyone can enlighten me on this topic. Thank you in advance!

 

[Hot keys for defining capital(BP), Stop loss and target profit]

On 8/26/2021 at 2:18 AM, RussWilliamL said:

I ran into a problem when I changed the target to 1.5 (instead of an even number)

(I also changed the script to a market entry instead of limit)

anyway, the problem:

Randomly the TriggerOrder wouldn't flow.  It wouldn't give an error or anything, it just wouldn't show up.

I fixed the problem by adding Price=Round2; after the StopPrice*1.5;  (and also in the same place on the Short version of the script)

Now the TriggerOrders execute smoothly every time.

 

Best,

Russell Landwehr

Hi Russell.

I'm new in trading and still using sim. I'm facing the same random problem that the Trigger order would flow. May I know the hotkey script from Limit to Market both for long and short?