Leaderboard

Wednesday April 10th, 2019 Sleep: 7 hours. Mood: good, ready to trade. I missed the first 45 minutes of the trading day so I was just watching for signs of a reversal. i noticed that DAL made a hammer of the PDC and some other previous lows. i waited for a new 1min high and then i waited for a pullback. i got in 20 shares thinking it was going to touch the PDC line again so i could add more but it never did. I risked the break of the PDC and the PPDL to the VWAP. it hit my profit target but my range order didn't get filled. i hesitated hoping it would try to break it again but then the volume started dying and it was strating to get choppy. it made two new 5min lows in a row and i got out at b/e (with commissions). I got out at the low and it turned around and went right past my profit target. GOOD: great entry and R:R, good waiting for a setup RFI: overthinking and not taking profit at VWAP and talking yourself out of a trade when it wasn't at your stop. MOOD: ok CONSISTENT: no, i deviated from my plan by not taking profits. What i did good today: Waited for a good entry on a double bottom. What i did bad today: didn't take profit at the profit target. got spooked out at a low. What can i do better tomorrow: take some profits close to your target, it doesn't have to exactly hit it. Other comments for tomorrow: Keep working on getting good entries in the right direction. profit taking is second to that.

April 9, 2019 - $AMD (Stopped out) April 10, 2019 - $AMD (Partial) Missed posting yesterday as I had some unexpected traveling occur. Below are the past two days trades. Overall I was happy with the trading; however, today I missed an entry on $DAL (15 min ORBD), because I worried too much about being wrong instead of just trading the setup. Still working on that issue. Sample Set Results P G S P E S P 8 9 10 11 12 13 14 15 16 17 18 19 20

Tuesday 4/09/2019 I had a well-being score of 4.5/10 this morning. So traded at half shares. Nerves on the bad side. I took two trades today both with AAPL . The first trade was a 2min ORB, a little before 9:37 on a Vish setup. I went long when it broke the 200MA. The instant I took the trade the stock reversed to my S/O. Then the instant I S/O it reversed back. Thus, it should caused maximum emotional response. But I was pretty good about. All I thought,” was this actually a Vish setup or a Step setup?” Which is a good question. The 1st 1min candle was very bullish so I waited for the price to clear the 200MA and went long. But by the time I went long the body of the candle is almost the length of the wick. Still bullish, but not “very”. So I should have treated it as a Vish setup and taken it as it broke VWAP, though that is only a 1.8 R/R so marginal. Or call it a step setup and waited to finish the 2min candle. Either decision would have been profitable. But treating it as a Vish setup when it became a step setup caused a full –R S/O. The moment I took the first trade: 2min candle 1min candles Since I seemed to be in control of my emotions, I took a second trade. I waited for the “step” setup to occur and went long again when it cleanly passed the 200MA. It reached my first partial but then went back to B/E. So there is a new S/O I am trying (only for AAPL). If there is a large or several large tech levels just beyond my B/E, I still hold until they are breached. Yes it makes a winning trade into a losing, but I have seen this happen way too often where I stop out and it reverses right after in my favor. So it went passed my B/E 3 times but each time bouncing off of VWAP until it finally ran. I was able to get 3 more partials, missed the 4th one by 2c, then exited when it cleanly broke back through TLs. What I did good today: Finally had a live trade that ran. For the last month they only seem to happen when I am on SIM. Controlled my emotions really well after S/O. How did I challenge myself today? Planned for a S/O to go beyond my B/E (back to the original S/O before the partial). It worked out but was stressful. What I did bad today: Took the wrong setup on a trade. Need to re-evaluate setups on the fly. What can I do better tomorrow: I will check my data and have a detailed definition of a “very” bullish candle by tomorrow.

Tuesday April 4th, 2019 Sleep: 8 hours. Mood: so-so but ready to trade. First trade of the day was an ORBD in MU. i waited for a pullback and got in short at around the VWAP. this was too soon as it had a little more to go higher. i held it past my stop which is the worse thing to do. pretty ashamed that i held it past my stop and what's even worse is it came back down to my profit target. i felt that with the PPDL and the MA and the premarket levels it was going to come back down at least to my entry so i wasn't too worried about it but that's not the point. sold half too early and the rest at or past my profit target. GOOD: didn't chase the entry. RFI: too soon on the entry though and held past stop. MOOD: ok CONSISTENT: no, held past stop. Next trade was in CERN. i don't normally keep the chat in an open window because I've learned that i am biased to Andrews trades or the callouts in the chat but i kept it open today and i saw andrew went long in CERN right under the VWAP so i took the trade too risking a new 10min low. i'm really disappointed in this trade. first off i should have been short biased because it was below the VWAP and trending lower on the 5min chart. then worst of all, i held again past my stop and this time i paid for it with an autostop at 1.8R. turning my green day red. lessoned re-learned, i can't be trusted to watch the chat room and trade at the same time. GOOD: waited for a pullback after a green 1min candle to get in RFI: everything else, not taking the trend, not respecting stops, no setup MOOD: disappointed in myself CONSISTENT: no. What did i do good today: Waited for a pullback in MU before going short What i did bad today: taking trades with no setups, holding past my stops. taking trades from the chatroom What can i do better tomorrow: It's crucial not to hold past your intended stops. i'll work on making sure i don't do this the rest of the week. can't watch the chatroom and trade, it is too biasing to me. Other comments for tomorrow: It's unlikely i'll be able to trade tomorrow anyway which might not be a bad thing, i'm getting beat up in the markets right now. I haven't had a trade go to my profit target without first hitting my stop in a week and a half. sometimes i feel like i'm finally getting the hang of this and some days, like today, i feel like I haven't learned anything. Need to regroup and come back and focus on taking good trades.