For example, after you record a Buy hot key, customize it to create a bracket or trailing stop limit order.Īfter you record the desired hot keys and click Close, the mapped keys are displayed on the status line at the bottom of the screen. Note: If the Customize tab is visible, you can customize your hot key to be more specific. The system records your keystroke and displays it in the Current Key Shortcut field.

Press the actual keystroke or keystroke combination you will use to complete this action.

If you already have a hot key recorded for the selected action, it is displayed in the Current Key Shortcut field.

In the Possible Actions area, choose an action to which you want to assign a hot key and click Create Shortcut.

From the Mosaic File menu select Global Configuration, then select Hotkeys from the left pane.

You can assign any keystroke, or a combination of the 'Ctrl' and 'Shift' keys with one of the 26 keyboard letters, to map specific order creation and order transmission commands, such as buy, sell, transmit and cancel.

You can reference this page here for where to find resources for specific platforms and trading tools.Assigning actions to specific keys and key combinations helps you rapidly create and transmit orders to the marketplace. We also provide several hotkey files that can be installed in Lightspeed, or CMEG as a Sterling platform. This will help you automate the process of taking these trades.Ħ) Ross discusses the details of using hotkeys, and reading level 2 as part of chapter 6 of the Day Trading: Strategies & Scaling C ourse (Part 1). If the stock goes up, he will take profit 20-40 cents up, by selling with orders on the Ask price.ĥ) As part of our trading simulator, and even most live trading platforms, you can enter with hot keys, set stops, and set profit targets. If the level 2 looks good he will take an entry on the ask.Ĥ) After he enters positions he does not set automatic stops, although many traders do and that’s okay too! Instead he uses a “mental” stop of 10-20 cents, and will sell if the stock drops that amount by selling with an offset 5 cents below the current bid. Once he has identified his entry, he looks at the level 2 to see if there are a lot of sellers on the ask (this is resistance). You can see an Excel list of his common hotkeys here: ģ) When Ross is about to take a trade, he first is watching the chart for a clean setup (Bull Flag, etc). So for example, if the ask is 5.10, his hotkey will automatically send the order at 5.15. He sends the order with a 5 cent offset above the ask. To ensure his limit orders get filled he uses an offset.

Typically these routes are pretty quick, but direct routing is always preferable.Ģ) When Ross sends his orders he is buying using a hotkey, that when pressed, will send a limit order via one of his preferred routes. Many brokers have smart routing, at Lightspeed it’s called LSPT, for example. When he traded at Suretrader they didn’t allow direct routing, so he simply used their Smart Routing which is just called LIMIT. When he is routing his orders he primarily uses direct routing to ARCA or NASDAQ. If you're looking for how-to information for using hotkeys in the WT Sim, please see this article here.ġ) Ross trades with Limit orders, he doesn’t use market orders. This article will help answer common questions and give some extra details on Ross Cameron's process of entering positions, taking trades, etc.

Hotkey script for das trader