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May 31, 2019 - $AMD (Partial) Took 1 live trade on $AMD, probably should have taken a second, but with it being Friday and getting a good trade right off the back I did not feel like giving anything back. I entered without any hesitation or really thought about whether I was right or wrong. Money was absolutely not on my mind. I saw pullback to VWAP, a strong rejection, and heavy pop above the previous candle. I went long as soon as it broke the previous candle and moving averages. My first cover was when it made a new high of the day. Second cover was after a quick pop up. I should have waited till it hit the 200 SMA Moving Average on the 5 min chart. I was a little early. I exited when it made a new 1 minute low and when above the 200 Moving average on 5 min then quickly dropped below. Another entry opportunity presented itself at 9:58, but I was already into journaling and already quite for the day. This trade would have made it to the profit target. Sample Set Results, S P P P P S P P S G G P P P 15 16 17 18 19 20

Hello Everyone, I just finished three months of live trading this past Friday, and about two weeks before finishing I came to the realization that something had to change if I was going to make it through the learning curve. After reading “Trading in Zone” and watching Mark Douglas’s “How to Think Like a Professional Trader” on YouTube, I decided I would create a 20-trade sample set to work on three areas of my trading. (1) Thinking in probabilities (2) Discipline to not give into FOMO (3) Holding my winners longer I figured since this is basically testing out a theory presented in one of the recommended Psychology books, I would make the results public so everyone in the community can see it. The desired outcomes I am looking for at the end of the sample set are: (1) Getting away from thinking trade to trade, and start thinking in a series of trades (2) Taming FOMO, so I do not get over excited and enter a trade too early (3) Confirm my profit taking plan is profitable over a series of trades. All of my indicators, confirmations, and risk analysis that defines my edge is based on information obtained in Andrew’s book and the lifetime Webinars. Edge Defined Strategy: 15 Min ORB – I chose this strategy specifically to force myself to deal with FOMO each and every day. I will caution that my edge does not appear every day, so there will be days that I do not take a trade. While tracking 5 Min ORBs and 15 Min ORBs for the last three months (total of 165 Stocks), I was surprised to see that 15 Min ORBs that meet my criteria appear more frequently than 5 Min ORBs. The percentage of them working is almost the same. 5 Minute ORB Pullback Met Parameters - 52 of 164 Total trades within parameters that have worked - 41 of 52 (78%) 15 Minute ORB Pullback Met Parameters - 55 of 165 Total trades within parameters that have worked - 41 of 55 (74%) Stocks for Watchlist: I select up to three stocks to watch based on the following criteria % Change – Gapped at least 2% but not more than 10% Catalyst – Needs to have fundamental news of sort. Vol – >100,000 Float – High or Medium float (> 50 m) ATR - .50 to 2.00 Trading – Must be trading higher than normal volume Exchange – I prefer Nasdaq over NYSE Edge Criteria: I have three parts risk analysis, indicators, and confirmations Risk Analysis: 1:2 or Greater Indicators: Must meet 2 of 3 Trades within the ATR Small share size with high volume Has a direction upward or downward (higher highs, higher lows, lower highs, lower lows) Confirmations: Must meet 3 of 4 ORBO closes above VWAP/ORBD closes below VWAP No large wicks/candles (wick cannot be larger than body, candles body not larger than ½ ATR) Closes near VWAP (needs to be within $.30) Has a pullback prior to breaking the opening range (cannot go past planned stop) Profit Taking Plan: As I am with CMEG, I have found you have to be very selective on when to take profits otherwise you are giving the money you make back in commissions, so I developed strict criteria for taking profits. Plan A – 1/3 out at just a little above 1:1 (this allows me to be at break-even if the stock moves back to my entry point), all out at profit target (+/- $.03) Plan B – 1/3 out at just a little above 1:1, 1/2 at profit target, all out at technical level or my first out Plan C – 1/3 out at just a little above 1:1, 1/2 out near the profit target if stock stalls near it, all out at the profit target or my first out. Share Size: I am taking share size based on a fixed dollar amount. Thanks to KyleK29 & fjmocke for the hotkey setup. Daily Trading Goal: My daily trading goal is to trade only within my edge, stick to my profit taking plan, control my emotions, and be disciplined. If I meet these then it is a green day regardless of what my P/L says.

My Plan to Trading Success: Background: One of my friends from German language class recommended Andrew’s book on ‘How to Day Trade for a Living’. After reading the book, I joined the BBT community in Oct’2018. I was on SIM for 3 months, completed the first BBT challenge. And finally I went live on 8thApr’19. I am new to Trading and hoping my journaling and feedback from fellow members will help me improve. My preparation before going Live: These are the books I read before going Live, apart from the BBT classes. It was very important for me to learn as much before going Live. Also, I read these books in the order mentioned below. I also listened to the Youtube audio version of Trading in the zone, the week before going Live and I must say that it helped calm my nerves a bit during the Live week. -How to Day Trade for a Living by Andrew Aziz - A Complete Guide to Volume Price Analysis by Anna Coulling - Advanced Techniques in Day Trading by Andrew Aziz -Trading in the zone by Mark Douglas -The 1 Hour Trade by Brian Anderson Strategy & Goal: During the first year(or 9 months) in 2019, I don’t have any target to make. My primary goal is to gain experience Live trading, to be emotionally stable when things don’t go my way and manage positions to my plan. And achieve all this limiting my loss. Good thing, I have control over how much I can lose, so I have decided to keep 100$ per week that I can lose (ie. 4000$ till end of the year). This is the max amount I will lose to the market, nothing more. This is not ‘Scarred Money’. It is something that I am paying for my experience. If I make any money along the way, then it’s good. It doesn't mean I dont want to make money, it just means, I am not in a hurry to make money. But I do plan to make a lot of money from trading may be a million $ some day. I also have the following measures to limit myself at the beginning of my Trading. Funding Account: I am not funding my IB account fully. I am doing it in 5 small transfers (roughly one each month). This limits my buying power during the initial months. Even if I make a DAS mistake I can’t buy more shares. As I improve my trading I start funding more. Under PDT rule: This also means, I am under PDT rule, and can make only 3 trades/5 days. This prevents me from overtrading. I am also extremely picky as my trades are limited. I think being picky is a very good habit in Trading. Stocks to trade: I don’t trade $TSLA, $NFLX which are very volatile. I trade $AMD, $MU and other Stocks in Play on a particular day within my price range ($15-$30) and not very volatile. I trade high priced, volatile stocks in DAS simulator or TradingSIM to feed my FOMO. Share size: I trade 50-100 shares per trade, depending on the Stoploss and volatility of the stock. I am not using my Margin from IB, but only Cash that I have funded. As I improve my trading skills, I will slowly increase the share size. Risk Control: Within my 3 Trades a week, first one I give it $50 Loss, 2nd and 3rd one $25 each. But because of my small share size and stoploss, I am well within my allowable losses during initial months. This is second level risk control. Rules: 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. Trading Style: I prefer VWAP trading (VWAP pullback during ORB, Reversal & False breakout after 10AM). I also like to trade 50/200 MA bounces especially on higher timeframes. I am not good at MA cross reversals. Quote I need to remember while Trading: "You will regret more about the STOP you didn't take than the one you took early"

Week 22 Recap Good week of trading for me. Red with commissions but green on trades. Win percentage was right where I want it to be, I just need to capitalize on the trades that are going in my favor and I’ll be good. The break away from trading really helped to clear my head and allowed me to be more focused on the price action and less worried about the outcomes. · Weekly stats o 2.3 R/R (Goal: above 2.0) [Previous Week: 2.4] o 36/40 90% (Goal: above 80%) [Previous Week: 71%] o -$9.02 (Goal: $250) [Previous Week: -$54.53] o 6/10 60% trades with the trend (Goal: 100%) [Previous Week: 29%] o 1/10 10% Non-optimal Entries (Goal: 0%) [Previous Week: 29%] o 1/10 10% Letting Losers Run (Goal: 0%) [Previous Week: 43%] o 2/10 20% No Setup (Goal: 0%) [Previous Week: 29%] o 44% true win percentage (Goal 45%) [Previous Week: 17%] · Highlights o Much better on the ORBs this week. I’ve been thinking about what William H said when he takes his ORBs by asking why would other traders go against my position so I’ve been making sure the ORBS I’m taking don’t have moving averages or levels as resistance before getting in. o True win percentage was much better, better than it’s been in 7 weeks. o Good job of cutting losing trades. o All stats better than last week. · Ongoing things to work on o Need to work on letting my winner run. o Still had one stubborn loss this week. Need to cut all losers next week and in the future.

Additional Analysis on Risk:Reward Ratio: I felt my partials were too early in Apr, I created a Heatmap to capture the R:R ratio for all the trades in April. Without no doubt, most of the partials were at 1:1. The 1:1 partials don't work in the long term. Trading is a matter of probabilities, and with RR of 1:1 every $ you gain, you may lose another $ and you may never grow your portfolio. There is no EDGE. Based on this analysis I decided to improve my partials in May, unfortunately, there weren't too many trades that were successful in May. Nevertheless, there is improvement and more Profit on the right side of the Heatmap in May. As a matter of fact, couple of my trades were losing trades, because I didn't want to partial early. I know that this will work in long term. Apr-19: Mai-19: Also, did an analysis on how to meet the Yearly $ target sooner with better RR trade setup and captured the same below.

Live trading summary of the month of May. So May was the first month where my main focus was on the trading process. Versus the previous three months the primary focus was on psychology. I am still on a 2 trades/day maximum, though if the first trade is especially painful I may call it quits for the day. Same goes if the first trade was a nice winner I will stop for the day. I stayed with the same $42 risk per trade through April and May. I am disappointed with my results this month. My main goal was to improve on my average score card from last month. But I both May and April’s average score are essentially identical. Though not a priority I am not happy it is my first red month since January. It is also my first month <60% win rate since January with a 44% win rate for May. Though I am only in the red by -2.7R for the whole month, which isn’t that bad. I did have an issue adapting to the change in market. My back-test data showed AAPL was no longer in play for the 2min ORB. But for over a week, AAPL looked so good in the premarket, there I was throwing money away trading it. It took over a week for me to learn my lesson and finally stop. I also just applied for account at Centerpoint, the issues CMEG had for a couple of days was the last straw. I think I can trust myself with a larger account now so I need to move on. In May I read (actually listened to) Millionaire Traders. Though it was worth reading I got more out of Market Wizards. I am now listening to the Daily Trading Coach again, reading The Playbook on Kindle and reading Market Mind Games on hard back. Stats for February/March/April/May: Goals for June: 1) Don’t go hulk 2) Learn to control your emotions after a loss 3) The trade score card average for the month should exceed the previous month. 4) Reduce risk per trade from $42 back to $25 until trade score card improve 5) Keep improving health

Hi Rob, That's a great question which I do not feel qualified to answer, and can say that I have personally found little useful data using options tables with intraday trading. I have heard of a few who swear by watching option premiums to help predict market direction and am still investigating. Hopefully one of the more experienced option traders can help. Have a great weekend!

Live trading summary for week ending 5/31/19. A short week of trading, only two days. The markets were closed on Memorial day, a second day lost with CMEG issues and one day lost due to no sleep. Both days were red. Of the 4 trades total this week, three were OK but one was quite poor, one of the bottom trades I took this month. In general I feel like I fell into a rut and those 6 forced days I couldn’t trade made me feel out of practice. Back test data (for 1min/2min ORBs) from last week shows FB still making solid 1min/2min for 4 weeks now. AMD showed only marginal data last week and I will decide day by day if to watch it. AAPL showed OK data but will take at least two good weeks in a row before I will consider watching it. Data still shows I should still not be watching it. MU, had a poor week and will not be on my primary watch list. So I only have one stock really in play and I need a second one. ROKU is actually in play for 2min ORBs but since CMEG does not have shares to short I have not placed it on my watch-list. Since I really need a second 2min ORB stock I will consider watching it next week and hope for a ORBU. Here is my plan for next week: Concentrate on process and score card, not on W% and P/L Do not trade AAPL until better data is seen. Make FB your prinary focus. But, vol min is changed to 100K in the first 20sec, no longer need 300K in first minute. AMD is now marginal for the 2min ORB, decide each day if you want it as the secondary 2min ORB focus. ROKU is in play for the 2min ORB, so consider it as the secondary focus if AMD has a poor premarket. MU is not in play for 2min ORB. Remember to trade the 5min ORB as a 5min ORB. Trade review shows I am trading 5min ORBs with 2min ORB methodlogy by reflex. That won't work. Have a good weekend.

After much experimentation (still ongoing!), I've settled on one main 32" monitor for scans, internet, and admin, with three 27" monitors above for charts and level 2. The hotkey pad orientation is also still evolving. A view can also add to one's composure during the trading day Andrew's book was the first piece of trading literature I read and helped me tremendously in getting through the difficult, and often painful, learning curve this pursuit requires. Besides focusing on the clear and simple strategies that many in this community share, I've benefited most from watching Andrew and the other moderators show up each day with a consistent, balanced, long-term approach to trading. Simply being reminded each day by example of how to avoid FOMO, take profits, cut losses early, and come back again tomorrow has done for my growth more than hundreds of hours of studying charts, patterns, indicators, techniques, etc.

I found the Bear Bull Trading Community Oct 2018 by listening to Andrews first book on audibles. I knew absolutely nothing about trading. I've now read both Andrews books many times over. I went straight to the online courses and even found a mentor in the community that I work with weekly. The forum is very helpful as well, I have not come across a topic yet that isn't listed there. I put my trading set up in my sunroom so I can watch the birds after most trades. I have found that it calms me after a winning trade or a losing trade. Something about looking at nature recenters me to keep the focus on my trading plan and helps with calming my emotions. I also keep a list of my rules on the cork board behind me and I often glance at it to be sure I'm not breaking any of my rules. To survive the learning curb and manage risk is key!!! Wired Gaming Keyboard Wired Gaming Mouse Stream deck for hotkeys DAS Trader Pro Platform Wired Internet Tradervue for journaling Watch the news on the laptop

I had been interested in day trading for a number of years, but never knew how exactly to start. That all changed when a friend recommended Andrew's first book. It gave me a solid roadmap and understanding of what it means to day trade, and also introduced me to the amazing BBT community. I feel like Andrew is in a league of his own in terms of his authenticity, transparency, and honesty in an industry full of self proclaimed "gurus." I have been slowly learning in the simulator for about a year while of course watching Andrew trade every morning, and I couldn't imagine a better way to learn. I'm excited for where my day trading journey takes me. Thanks Andrew!

Risk and uncertainty is part of trading the markets; however, I am certain that deciding to become a Bear Bull Traders Lifetime Member was the smartest investment I've ever made. As a new or inconsistent trader, joining the Bear Bull Traders community will too be the best investment you make for your trading career.

Converted a typical closet into a trade station. I added a 'peel n stick' wood wall paneling and installed a 3 pot-light lamp above with dimmer switch.

Norm, this one's for you! Ok, here's mine... cobbled together from 2 older machines and a discarded large monitor...but notice all that empty space on the wall? That's where my husband is going to hang a 50" tv if I make my number. I mostly swing trade, so this set up isn't a hindrance currently, but as I develop my day trading skills, this will clearly not work. For those who may wonder about 2 laptops, I am trading 2 different accounts and for the way my brain is wired, this keeps me from getting confused.

Is it the job of an owl TRADER to scan for opp ortunities with patience and an open mind?

Link to my Elgato icons and hotkey file: I built my computer specifically for day trading (and gaming!). I share a home office with my photographer girlfriend so I wanted to make sure I kept everything quiet and contained. My corner of the office is a standing workbench I custom designed and built myself to contain the tools, electronics, and gadgets I use to build "stuff". My 3d printer is also pictured. I built a Core i7 based PC on an Asus ROG Maximus IX motherboard, 32gb of RAM, and a Vega 64 graphics card. I have a Noctua CPU cooler that operates almost silently, and the machine itself is down in the corner so it's near silent. The iMac on our desk behind is actually louder. I installed an Ergotron arm to mount the monitors (a 34 inch wide screen and a very old 24inch monitor) to my standing work bench. I have gaming mouse and keyboard because I like the feel and I'm left handed so having an ambidextrous mouse is great when I switch to right-handed to game. The last part of my setup is a Stream Deck, a customizable keypad with LCD screens on each key which I've set up to trigger hotkeys for long and short positions. Each icon is custom color-coded so I can't mistakenly short a long position when I'm trying to sell, or something similarly boneheaded.