Here are some images from the meetup:

I uncovered some sort of bug in DAS that lets you add new rows to a watch list without having to use the right-click menu. It can save time depending on how fast your keyboard skills are. Here's a GIF of the steps: I normally do this first thing every morning to quickly add 20 rows before building my watch list.

Im so mad at my self right now. One of my problems recently has been getting out of trades when i see (usually small) profit and not following my plan all the way to my exit target. And this is what happened today... I got in at 33.18 with 500 shares for a 5ORB and as soon as my order filled i was down $50... damn. Didn't look at the spread. Well the price dropped a bit toward VWAP so i decided to add another 500 shares at 33.04 which brought my average down to 33.11. The price dropped below VWAP and i started to panic a bit. But it came back up and my unrealized showed $60 over break even, so i got out. The combo of the bad spread and the drop freaked me out... even thought the 5 min and even 1 min chart showed that i was in an awesome spot... So i told my self i wasn't going to look at DBX again for the day. Well like i always do, i came back later just to see what happened.... DAMN! WHY?!?!?!?!?! STUPID EMOTIONS!!!! I was in such a good spot and the charts backed me up the entire way! I would have started getting out around 35.03. A damn 2 point gain, and its still climbing.... 😣 So a hard lesson. A lesson that i already knew but find hard to follow when emotions come into play. I can make bigger profits and lower losses.... if i follow my plan and dont let those stupid emotions get in the way. One way to help with this, that i found, is to remove the unrealized for each trade. To only follow the charts, level 2, and other signals. Not seeing $$$ helps keep emotions in check. Sadly im on a work trip and on my laptop using an old layout instead of my desktop where i dont show it. Should have removed it first... oh well. Ill take my $200 and run for the day. To emotional for anything else.

It could've been worse if we think about it, imagine it kept going down and down after you averaging down the stock? You could've got with much more loss, but it went higher, which was unlikely then, I mean especially after it broke the VWAP, I would have done the same thing you did btw. I mean going long, then averaging, then it breaks the VWAP which is usually a stop loss, luckily the stock bounced back! Time to get out before it drops again! You did well going out I think:) However, Looking at five minute candle made it pretty clear that it's bullish. I face the same problem with realized and unrealized amount, and my scaling depends on the number written there, I'll try to disable it tomorrow and see how it goes) Thanks for your post 😄

My favorite mistakes (favorite because I make them so often): - Taking too many shares in hopes of a bigger profit. When I do this, to avoid going over my max risk on any single trade, I inevitably set my stop loss too close to my entry, which means that I'm much more likely to get stopped out before the stock truly moves against me. - Not being comfortable with the possibility of losing money on a trade. When this happens, I either stop out too early (taking a small loss only to see the stock go against me, having never hit my target) or take profit too quickly at the first sign of resistance. Stocks rarely just go through the roof and not recognizing that pull backs are inevitable, even for stocks going in my direction, is a great way to cultivate FOMO. - Not stopping once I have a decent profit on the day. I've come to believe that your profit target should be set to be some multiple of your maximum risk on any one trade. If I decide that my max risk ® on one trade is $100, my profit target for the day should be something reasonable like $150 or $200. Once I make $100, I find that my fear of losing those profits often results in placing tighter stops, which makes it more likely that I slowly give back my profits to market choppiness. After recognizing this, I've started switching to sim once I hit > 1 R. While it's below my profit target, I'm happier to slowly grow my account every day than ruin my day with the regret of having given my earnings back to Wall Street. - Jumping the gun around VWAP. When stocks get near VWAP, they're truly like a tennis ball that clips the top of the net. Instead of gambling and guessing which way it'll go, I've discovered that it's best to accept that you might get a worse entry, and simply wait for a sign of the VWAP being lost in one direction or another before entering a trade. Otherwise, you'll find yourself chopped out.

My biggest mistakes include, but are not limited to: -Revenge trading. Repeatedly trading the same choppy stock over and over as if it personally owes me money. -Over trading. Thinking I can recover from losses by taking low quality setups in rapid succession. -Not stopping at daily goal or 11:30 AM. Slowly giving back all my gains. -Not stopping out. Freezing like a deer in the headlights and letting a small loss grow into a big one. -Not taking a break after a bad trade. Continuing to trade when my psychology is in tatters. -Thinking I need to be in every move. Forcing bad trades rather than waiting for the chart to provide confirmation. -Increasing share size when losing. Trying to double down and recoup losses. After seeing how consistent my trading can be when not doing the above, I've realized that trading is 90% psychology. When I'm able to be disciplined and controlled, the money comes easily. When I regress and repeat bad habits, losses can quickly spiral out of hand.