STS check - remember back

    Posted by DigiNomad on 16th of Jan 2024 at 03:48 pm

    STS check - remember back when we used to get intraday updates on the STS tables?  I realize it's too much work to do all the time, but it is very helpful sometimes, especially when critical stops are being tested as it is a window of opportunity for both a long with a tight stop and a potential short.  I wonder if you guys could adjust the automated email to send out twice...once 15 minutes before the close and then right after the close?

    KRE - sitting on STS at 49.50 (LOD = 49.39)

    IWM - needs a minor miracle to not stop out today 

    Currently we're manually updating the

    Posted by James_Roe on 16th of Jan 2024 at 03:51 pm

    Currently we're manually updating the STS table using the radar screen feature in tradestation, it's something that impacts Matt's trading, we're looking at getting another account just for data and once we do we'll have more options.

    KRE would have stopped out though if the LOD was below the current STS.

    James - I could be

    Posted by DigiNomad on 16th of Jan 2024 at 03:54 pm

    James - I could be wrong but we've been over this many times and I believe the STS is based only on closing prices. LOD wouldn't matter if I'm correct, but please confirm. 

    Sorry, you're correct, i'm thinking

    Posted by James_Roe on 16th of Jan 2024 at 03:56 pm

    Sorry, you're correct, i'm thinking of the revamped stuff we've been doing for the upcoming STS premium section which uses the stop as a hard stop. 

    Nice! I hate that closing

    Posted by DigiNomad on 16th of Jan 2024 at 03:59 pm

    Nice! I hate that closing price twist - there isn't a GTC order type available that can be set to trigger only on closing prices (at least not in IBKR) 

    correct, closing price. 

    Posted by kingpin15 on 16th of Jan 2024 at 03:56 pm

    correct, closing price. 

    I believe the STS is

    Posted by steverobin on 16th of Jan 2024 at 04:30 pm

    I believe the STS is set on a closing price; not intra day. 

    is it possible to add

    Posted by arun on 16th of Jan 2024 at 03:53 pm

    is it possible to add RACE to the STS tables list?

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