DAS Trader advanced hotkeys part 6

How to make DASTrader check your entry conditions before you make the mistake.

This post is one of the posts in the series.See the other posts about DAS Trader hotkeys here.

One of the readers asked me to write about conditional execution.

If you have a rule you are breaking very often like take a long position on a stock that is below VWAP, and it is against your rules, you can make your DASTrader to make that check for you and avoid you from taking such a position. Assuming you want to use the hotkey and not a manual entry, as with manual entry you can do whatever you want.

The great thing about this approach is, that it makes you instantly a better trader, as you can literally never make the mistake again. If you can express your rules with technical indicators like this, you can combine it into very effective entry check system that will prevent you from bad entries.

I will show you only one way to achieve it. There are multiple ways to achieve the same, so I try to cover it so it is human-readable and understandable.