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April 30, 2019 - No trades I had $WDC, $GE, and $GM on the watchlist today and did not see 5 min Orb or 15 min Orb that met my trading edge. I currently developing my next sample set for next week. I do not believe, I will be able to trade the rest of the week due to work; however, I might be able to get 30 minutes in tomorrow, but we will see.

Wednesday May 1st, 2019 Sleep: 7 hours. Mood: good, ready to trade. didn't like anything for ORBS today. HRTZ looked promising ORBU but the spread was 10+ cents and i felt too nervous to mess with it. it turned out to be a good one. then it made another nice ABCD that i missed as well. oh well. So i noticed AMD did a double bottom at around $28.30. Thought it would be good to try and take it to the long side. I liked my entry at the MAs but the whole trade on the 5min wasn't great. i got too caught up in the 1min chart and hoping for it to break to the upside. it did break to a new 5min high but then it came right back down a minute later. it hit my stop and i waited for the candle to close, it came back up to my entry but then right back down. I got out right on plan so that was good. hindsight play by play, i'm fine with the initial trade idea with the exception of my profit target should have been VWAP and that would have been a bad R/R. Should have got out with that 1min rejection on the break and probably gone short on the new 5min low but that's easier to say after the fact. i thought about getting in on the short side but it was more about revenge than the trade so i got up and got a cup of coffee instead. GOOD: good entry at the MAs. RFI: R/R actual to the VWAP was bad. should have been short focused below the VWAP. no setup, too far from the bottom for a double bottom. MOOD: good. not happy for the red day but it's not bad RFI: should trade more off the 5min chart than the 1min. What i did good today: i was very picky about my trades. What i did bad today: too focused on the 1min, need to trade off the 5min. What can i do better tomorrow: take trades based on the 5min, entry on the 1min.

May 2019 Overall my plan for May''19 is pretty much the same as April except for increased share size. Share size: Although the share size depends on the Stoploss and volataility of the Stock, I will not go above 300 shares for our buddies $AMD, $MU and $ROKU & not more than 100 shares on High priced stocks $AAPL, $FB and $NVDA. Loss $: I have 3 trades this week. Allowable loss, 50$ for the first trade and 25$ each for the 2nd and 3rd Trades. Total 100$/week. Improvement: I had observed my profit taking needs improvement. I was contemplating taking 2:1 or 3:1 RR with no partials, but I need to try this in SIM first. So my partials will remain the same like last month. What to remember: What happens today/this month is independent of what happened last week/month. Every event is unrelated. Trading is dealing with probabilities. My edge gives me higher probabily. Anything can happen, like flipping a coin. Rules: (Repeat) Only one trade at a time. This was my main issue in SIM. I get into multiple trades in SIM and end up in huge losses. Even if the action goes my way, I am unable to exploit it to my advantage as I am unable to follow my profit plan. Stick to my StopLoss: Many days in SIM, I had ignored my Stoploss and ended up in huge losses. Then I make some good trades and reduce my losses. End of the day, It gives me a feeling ‘If only I had respected my StopLoss I would have been green’ Don’t trade within 3 mins: My rule is not to trade within first 3 mins. But if the setup doesn’t exist, then I must wait till 5, 10 or even 15 mins from the open.

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1-May-19 Like most traders today, I had $AMD and $AAPL on watchlist due to their earnings. $ROKU and $NBRV were also in my watchlist. At the open, I was watching $AAPL and $AMD and felt both were choppy. Atleast that's what I saw. I didn't see any pattern in the first 8 mins, so locked my montage and was checking other stocks. I saw $DIS making very nice ORBD, I felt FOMO. Then I checked $MU, it was setting up for ORB up on 5 min. I went long without checking 1 or 2 min charts. Price went against me and I got stopped out. I made 2 mistakes. I didn't check all the charts before entering the trade. There was a Shooting star on 1 min, just before I went long. It was a clear indication for price to go down, but I went against that. $MU was not at all on my watchlist today and I didn't prepare to take it. but I just jumped in due to FOMO. I should have never traded something that I am not watching. I did all the hardwork premarket to prepare my watchlist and completely ignored and entered another stock. This is bigger mistake. I should remain patient with the stocks on my watchlist. $AAPL, $AMD, $NBRV all traded beautifully. I missed out. I wasted my one trade for today. My share size was 100, and I was down 18$ at the end of the day, including commissions.

Today was very tough day for me. Not my worst day, but I didn't follow my 3 trades max rules, not wait for good entries ans didn't be patient to wait the setup to be really good. Today I disapointed myself because I worked really hard and I mentally prepared before each trading session and eveen break my rules and not trading good. Sorry if that sounds depressed, I'm not, but I really struggle and be disapointed, in the last 6 days I dont have any positive days and struggle to get some positive trades, so it's hard times. Tomorrow I go back in sim. For today I will only put the screenshot of my trades, I will go running before I quit for work. If you have any comments or advices I will appreciate.

@Vikram.Aditya, Thank You for sharing your trading journal. I am under PDT with TD and limited with 3 trades only. I try to save those for best but it does not always work. If I get 2 trades green then 3rd one has to be red LOL. As I found myself when I get into trade in haste with out knowing basic dynamics of the stock in play for that day is when I am turned into red and giving away what I made in those 2 green days. Keep posting...

16-Apr-19 Another day, another $AMD trade. I am comfortable trading $AMD because it is traded in huge volume everyday, not very volatile, good spread and most of the days trades well. I have lost my notes for this day. Apparently I was short $AMD below strong Resistence levels (VWAP, 50, 200 MAs). Partial was at 200MA on 5 min and also the LOD. Final partial close to 9MA. $AMD was bullish and didn't touch $27.5 again that day. I also traded $Roku, but got stopped out because the price didn't go my way.