Jump to content

All Activity

This stream auto-updates     

  1. Past hour
  2. Today
  3. Hey Peter,

    leuk een fellow BBT'er in Nederland! Toevallig nog meer Nederlanders tegengekomen? Zou leuk zijn om een netwerkje te vormen. Fijne avond nog!

    Gr. David

  4. Hey CliffG,

    Kwam jou net op de Members map in Nederland tegen. Mooi om te zien dat er ook andere BBT'ers net als jij in Nederland zijn. Toevallig hier nog andere Nederlanders tegengekomen? Zou leuk zijn om een groepje traders in Nederland te kunnen vormen. Fijne avond nog!

    Gr. David

  5. Great. Don't be afraid to reach out if we can help with your journey!
  6. Hi Shannon,

    nice to meet a fellow newby. I started with looking at the video's in the Education Center and there is tons of information on those video's. Well, see you around!

  7. Exactly what I wanted to get confirmation on Mars. Many thanks!
  8. Thanks for the welcome Peter! I viewed your Education Planning presentation last week - Well Done - valuable "road map" that will guide my first year!!
  9. Second week day trading futures live. My first one and done day! We had no momentum from 11pm to 7am then a sudden drop and a beautiful pull back with a nice entry opportunity. I couldn't ask for better so I shorted with 2 contracts. I covered my first contract at a conservative one point above the "area" and placed my second limit order at what the Day Trading Academy recommends as "double the range". The price dropped and missed my order by a tick then started to aggressively pull back. So I exited and called it a week. It has been great ending both live weeks on a solid trade. Everyone have a good weekend! Rob C
  10. This is for Monday (Added the question "Did I wait through the first minute?") Date January 18, 2021 Status (Live/Sim) Sim Net P&L (w/ECN Fees) Current Equity N/A Quality of Life (Kept Short) Bedtime: 10:40 p.m. / Awake 5:31 a.m. Direct Questions Did I wait through the first minute? What did I do well? What could I have done better? Is the performance pressure I feel increasing or decreasing? Is the current way I am trading going to lead to long term success? What can I improve about my process?
  11. week 2/2021 (5 days 6 trades 4W/2L 66% W/R average trade +1.41R average day +1.7R ) It is best week so far all statistics are new record! win %, av. trade and average day! I am raising risk to level 2, 12 dollars because I have trading profits +25R! next level is from +25...+50R First level completed! it took 33 trading days and 67 trades to reach +25R. best trade was last trade +5.2R. longest winning streak: 4 longest losing streak: 4 winners 33 49% losers 34 51% Next level purpose is to reach faster then first level 33 days! January first two weeks performance: 14 trades: +12.1R 9winners 5 losers win rate 64% average trade +0.86R average day +1.2R profit factor 3.1
  12. Friday 15-01.2021 results 1 winner +5,2R trade 67 +5,2R catalyst: yes daily breakout: yes premarket gap: yes rel. vol. yes 400% trading pattern: yes, but hotkey mistake made 2x profit fear profit was +2R entry: A management: A overall grade: A
  13. Date January 15, 2021 Status (Live/Sim) Sim Net P&L (w/ECN Fees) -283.43 Risk controls stopped me out. Current Equity N/A Quality of Life (Kept Short) Bedtime: 10:40 p.m. / Awake 5:31 a.m. SUPER READY TO TRADE! Direct Questions What did I do well? I identified a good long term trade premarket on the 60 minute on PLUG. What could I have done better? I could have not traded in the first minute because I am forced to trade on WIFI and this lag is going to end up killing me. I need to wait until I am in my own house. Is the performance pressure I feel increasing or decreasing? It is staying the same. Is the current way I am trading going to lead to long term success? No. I cannot trade in the first minute while I am on this WIFI. What can I improve about my process? Weekly recap Here's my new background:
  14. Thank you for your response @krooto I will look forward to hearing back from your search. Keep safe and let the green days roll! Cristhian
  15. Hey guys, Happy new year, I hope that you are all doing well Just a quick update regarding trading from the UK as a limited company. I have asked my tax accountant to look into this, and unfortunately the situation is that they are moving at a snail's pace. This is because of the 31st Jan deadline for self-assessment, so they have a large backlog and my query appears to have slipped to the bottom of the pile. As soon as I get a response, I will update you all! In the meantime, stay green! Kind regards, Krooto
  16. Hey Cristhian, Nice to meet you and good luck on your day trading journey! Sorry for the late reply, I've had a very busy past few weeks so haven't been on here as much as I would've liked. Welcome to our group, and I'm sure that once this pandemic is over, we will all be itching to get out and have a meetup! Krooto
  17. My Net P&L was ridiculously far beyond what my DAS risk controls would let me lose. I ended up revenge trading the money back, so I don't have the P&L screenshot. Date January 14, 2021 Status (Live/Sim) Sim Net P&L (w/ECN Fees) -250.00 Current Equity N/A Quality of Life (Kept Short) Bedtime: 1:47 a.m. / Awake 6:00 a.m. Direct Questions What did I do well? Manually stopped on SPCE pre-market. What could I have done better? Had my buying power triple checked so I didn't miss out on a winning trade like the one on FCEL that made me a little emotional. I could have had a 0.5R stop after catching the small move up on SPCE that would have allowed me to hold for the bigger move without getting stopped out on a small pullback. I just added the two hotkeys "0.5R Stop" for tomorrow. NEVER CANCEL MY STOP LOSS! Unless I exit the position manually before it hits! Is the performance pressure I feel increasing or decreasing? It is staying the same. I am in somewhat of a flat-line in equity growth right now, but no big deal. I feel that it will shake itself out with focus. Is the current way I am trading going to lead to long term success? No, in this video I was extremely emotional and placed my final stops extremely close to the current price and cancelled my stop. I CANNOT cancel my stop and expect to be successful with my style, it will not work over time! What can I improve about my process? Weekly recap
  18. Hi HC2, I took that exactly same BABA trade with the same result A powerful hammer on a million shares volume. A good trade that just didn't work out this time. That double bottom NIO trade was awesome. I just took a screen cap of it to add to my playbook examples. Rob C
  19. Shannon, welcome to the community. We are very happy to have you. Please do not be shy in asking questions here in the forum or in the chatroom. You'll find everyone helpful. We're all had to start at the beginning and part of our philosophy is to help out those coming in after us. Glad you were not too shy to make this post and I hope to hear from you in the chatroom! Peter
  20. Hi Folks My name is Shannon - I'm from Calgary, Alberta, Canada. I'm typically a pretty shy person - but thought I'd reach out to the community and see where it leads - I'm quite excited to be a part of the BBT community. I stumbled upon Andrew's book last summer and was immediately drawn to his ability to humbly and clearly communicate information that I find is typically made quite technical and confusing. It led me to the website where I lurked around for a week. Once again I was quite impressed with the humility and helpfulness of not only the moderators - but the entire community. I watched a few trading sessions and browsed through the learning material and decided quite quickly that this was the environment that I wanted to learn to trade - I actually did not even look at any other trading communities - and I became a Lifetime Member. I've spent my entire career of 31 years in emergency services as a paramedic and firefighter. I'm eligible to retire in the next 12 months - not sure exactly when I will - and I've thought several times that Day Trading may be a perfect 2nd career. Fortunately - I have a plenty of time to patiently and systematically learn and practice the material. My dream is to become profitable as a trader so that retirement from my current career is a simple decision - and I can spend more time with my wife and family. Looking forward to this new journey!!
  21. Yesterday
  22. Nine trades today. All were TradeBook setups, but I did break two rules. Traded before the first 1Minute candle finished, and traded in the last hour. Two days in a row that I have stayed away from “No Setup” trades.
  23. Second week going live Futures day trading. Not an easy day to trade. Low volume and momentum, but surprisingly I found 4 setups to trade today. There was low downward momentum for the first 5 hours of trading. The price made a new low around 9am EST and a small pull back but the reward/risk was too small so I didn't trade. Sadly it was a winner. The price dropped to a new low but failed to break out. There was no entry to that trade (also a winner). The price broke through the other side of the range and a break out trade did setup but the midband was just inside the range and the price made a lower high so I didn't take it. But then the price changed direction and I went short on a failed break out trade that did make it to my target, though small. Then for 2 hours the price tried to to make a new low but could not. After the 6 failed attempt and a new high (compared the previous pivot) I went long and was immediately stopped out. Finally a real break out near noon. The price retraced and tested the backside of the area (which is a good thing) and I shorted. I placed a very conservative exit 1 tick above the LOTD. At that point there had been no real momentum all day so I didn't expect much. So I missed out on the only decent run of the day. After the run we had a nice pull back so I shorted for a continuation. Missed my target by 2 ticks and retraced back and I was out at B/E. The price pulled back more for a better reward to risk but gave no entry. That felt like a long day trading. Hope everyone did well today, Rob C
  24. @Skye You can trade with under $25K on a cash account. Just "play" with half your account value every day so your money has time to clear. I.E. if you have $15K, use $7.5K per day to trade with and you will have money cleared to play with every day (because it takes 2 days for funds to clear when your account is a cash account instead of a margin account).
  25. Right, I meant locked, not closed. Thanks for clarifying, that's what I needed.
  26. Skye, If your account balance drops below 25k at any point you will be locked out from placing any more trades. I have personal experience of this through the DAS platform. Intra-day, if your balance drops under 25k, you will receive an error message that basically says, "Dear trader, because your account balance falls under the PDT minimum you cannot place anymore trades". You will have to bring your account balance over 25k to even place another trade. Your account will not be closed however. Bailey Nevener ============================== My YouTube Trading Journal https://www.youtube.com/channel/UCkK2SWIsYGuWm1gtlbD2C4w
  27. Thanks for responding Abiel. The info. in those links don't give me this answer. So you are saying that if I put say 30k in an IB account and losses brought me under 25k my account would be closed?
  28. No, you need $25K min to day tarde (PDT Rule) with a US based broker. https://www1.interactivebrokers.com/en/index.php?f=4969 https://www1.interactivebrokers.com/en/index.php?f=45500
  1. Load more activity
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.