Jaguar 12 Posted September 25, 2019 Are there any plans for a “Going Live” workshop with Interactive Brokers / CMEG? Covering some items like: What to expect when transitioning to a live account DAS Platform changes to make Hotkey routing changes, etc. Notes on commissions and account types (Cash vs. Margin, Tiered vs. Fixed) Anything else relevant to what a new trader might need to know. I know there is already a video on commissions, but I was thinking of a more comprehensive video on the changes when switching over to a live account with IBKR/CMEG Maybe a Checklist of changes or summary to bring it all together for members transitioning to a live account from the SIM. 7 Share this post Link to post Share on other sites
Mohammedsahmed 5 Posted November 7, 2019 i second this... 1 Share this post Link to post Share on other sites
Carlos M. 230 Posted November 7, 2019 This is a good topic and we can put something together on this. We will put a rush on getting this done. 7 Share this post Link to post Share on other sites
Shaun 1 Posted November 10, 2019 I agree this would be a good topic Share this post Link to post Share on other sites
Oli Mason 1 Posted November 25, 2019 +1 I would be interested in this too! 😀 Share this post Link to post Share on other sites
Michael McCausland 6 Posted November 29, 2019 I agree and can we include minimums for new US traders going live for the first time....like how much over the minimum do we need to deposit to safely expect to trade on day 2 of live. I've been very conservative in the simulator so far... Share this post Link to post Share on other sites
Gail Scott 3 Posted September 16, 2020 Has this been done? If so, where can I find it. Thanks! 1 Share this post Link to post Share on other sites
Drew 4 Posted September 18, 2020 I'm planning on going live and this would be really useful Share this post Link to post Share on other sites
Jaguar 12 Posted September 18, 2020 To my knowledge, there hasn't been a specific workshop on this topic but these items are addressed in other workshops. Some notes on the items below now that I have been live for a while. What to expect when transitioning to a live account Psychology is a huge deal when going live. Lower your share size and only trade small amounts until you stabilize. Rande Howell Mastermind Pro with Dr. Reid - (Requires BBT membership) DAS Platform changes to make Not much really, just your hotkey routes. Example for IB would be: SMRTL/SMRTM vs LIMIT/MARKET Notes on commissions and account types (Cash vs. Margin, Tiered vs. Fixed) Commissions are really cheap in general and you need a Margin account to go Short so I would recommend: Margin w/ a Tiered account (assuming IB as your broker) Anything else relevant to what a new trader might need to know. Day Trading Reality Checklist (attached) Kyle's Hotkey setups and a Stream Deck TraderVue or Chartlog for tracking your progress Everything listed above was very helpful to me so I wanted to summarize for those making the switch to live trading after trading in the simulator. DayTradingRealityChecklist.pdf 2 Share this post Link to post Share on other sites
Valerio92 0 Posted September 23, 2020 Very useful topic! Jaguar let us know about your path! 😉 Share this post Link to post Share on other sites
rpollack1 0 Posted December 20, 2020 On 11/7/2019 at 10:40 AM, Carlos M. said: This is a good topic and we can put something together on this. We will put a rush on getting this done. Has this video been done yet? I too just finished SIM and need help going live. Thanks all for your guidance! Share this post Link to post Share on other sites
haaris710 0 Posted February 7, 2021 On 11/7/2019 at 1:40 PM, Carlos M. said: This is a good topic and we can put something together on this. We will put a rush on getting this done. Do we know when this workshop will be completed? Looking forward to all this information! Share this post Link to post Share on other sites
