Leaderboard

Hi folks, here is a copy of the playbook template I discussed in the Feb 14 recap. The file is obviously a sample meant for each individual trader to complete with their own strategies, patterns, and setups. https://drive.google.com/a/bearbulltraders.com/file/d/1bmu3XzT_KtzTfya2Fo7Uqc7DZG_N7q-B/view?usp=sharing Please download a local copy as .xlsx

March 1st (Sim) P&L After Commissions: ~$113(SIM) Trades: 7 I went back to sim for today as planned. Again I traded very well. I kept my losers small and let my winners go. $ZS - I'm really proud of this trade. I took this as VWAP trade. I missed the entry on the minute before and didn't think I would get an opportunity. I was fortunate for it to come back down to VWAP so I entered. I really liked the entry because it above all moving averages on the 1 min and 5 min and was a bullish engulfing crack. I felt this a very safe entry. I still went smaller share size regardless and took profits as it moved up. I was managing the baby at the time as well (which is something I shouldn't be doing) so I decided to exit fairly quickly with profits. $GPS - I had an immense feeling of regret as I entered GPS the second time. I first took it short for a VWAP break, but since I was trying to be really protective of profits, I exited out of that trade right away. I knew I got scared out of it and as it was coming back down I reentered. I did not get an entry I liked and I was worried that I would have the issue where I got out of a stock for a loss and reentered the same trade to take another loss and in this case since I had a poor entry it would be a bigger loss. I couldn't stop thinking for the first minutes of this trade. I almost considered exiting at B/E, but decided to stay in. It never broke my original entry point on the first trade, so I didn't exit. I sold on the way down hoping for the break of low of day, but eventually had to stop out on the way back up. $SQ - Tried 3 times on this trade. I could have been done for the day after GPS. I first took it short and exited within the same minute. Then swapped my position to long and got out at B/E. I then stepped away from the computer for a few minutes to take a break. I am not happy about my decision making and impulse control but as soon as I got back to the computer this looked like an obvious short to me so I had to take it. I was planning to have been done, but I took it regardless. Worked out, and made almost $50 on the trade. Overall a great sim day and I am very happy that I've been trading much better since I got to sim. I will be going live again on Monday and staying live. I need to bring this patience to my live trading. I'm not sure if I will be continuing my journal here. My yearly membership is expiring next week and I wasn't ready for the expenses of a lifetime membership. I was expecting to renew on a yearly basis. Still debating on what I plan to do moving forward. Just a heads up if you don't see me post anymore.

Week 9 recap · Weekly stats o 2.2 R/R (Goal: above 3.0) [record: 2.7] o 75% (Goal: above 80%) [record: 93%] o -$40.16 (Goal: $250) [record: $49.03] · Highlights o Hit my profit target for the first time since January o Better job this week planning trades o Range orders have been really helping my impulsive exits · Ongoing things to work on o Letting losers go against me too much o Moving my stops up and getting knocked out of trades that hit my profit target. o Too many max loss days this week. Trying to keep it to one or less a week. o Only take recognized setups AND get better R/R o Don’t add to losers

Friday 3/01/19 Well being score of 5/10. My nerves were high due to a really bad trading day yesterday. My one allowable trade was with JD. So much for listening to my own journal entry yesterday and review checklist completely when I move a ticker to my main chart. So when I moved JD to my main chart I did not zoom out and check for tech levels on the 1min chart. There was a tech level at 28.62 I didn’t see. It was clear on the 5min chart but I was too focused on the 1min chart looking for an entry. So I took the trade long with a Reward/Risk=1 which vetoes the trade. I should have waited a few minutes more and take the trade closer to VWAP with a better R/R or not trade it at all. Traded bad on a Friday again. What I did good today: Stuck to my 1 trade/day rule though revenge trading fever was high. How did I challenge myself today? I did increase my risk level from $25 to $30 today, since I did have a month of no max loss and was positive in February. I didn’t notice any difference. What I did bad today: Broke a setup rule again!!! What can I do better tomorrow: I guess it takes more than once to teach me a lesson. I must look for tech levels (that I miss on my small chart) when I move the ticker to my main chart.