The Hummingbird Project (2018) is a movie about a pair of high-frequency traders go up against their old boss in an effort to make millions in a fiber-optic cable deal. I still have to watch it.

I am now a break-even trader after two years although my win rate is over 60%. At first, I thought there may be a gambler inside me making its way out but recently realized it was my desire to win holding me back. As a successful athlete and having succeeded in building/selling 2 businesses there is a very strong will to win inside my brain. In fact, I cannot think of losing at anything I truly wanted to "WIN" at. However, I am starting to think the winner inside me may be affecting my trading psychology and slowing my success. Currently I am working very hard at trading to find a path to winning because (I am a winner, I am not a quitter, hard work and desire = win, etc). That last statement used to be very positive for my life now it scares the heck out of me as a trader. My question is - How do others you may or may not have coached turn their winner into a psychology asset? As of right now the winner has to be carefully monitored as to not blow up my account.

Live trading summary for week ending 7/05/19. Traded SIM all week due to three days in a row of all losses. The trading improved as the week went on. I was sloppy all week, but that is common for me on SIM. I don’t want to make sloppiness a habit so I am switching back to live on Monday but will trade half shares. I traded NFLX mostly this week since back test data showed it became in play at the open. But as luck had it, it was not in play this week. But I learned a lot trading something that the spread would vary continuously. I was always nervous about trading BABA and TSLA due to their unpredictable spread, but I think I am OK now. BABA and TSLA spreads are not as bad as NFLX. Back test data shows nothing looks very in play at the open for next week. Though MU, AAPL and JD look OK. I am comfortable with MU. I had to make quite an effort to stop trading AAPL when it was no longer in play, so I will have conflicting emotions I will need to deal with. And I have very little experience trading JD. Here is my plan for this week: Concentrate on process and score card, not on W% and P/L AAPL is in play at the open again. JD is now in play. Decide by premarket which should be higher focused. FB had a marginal week again. Assume it is no longer in play at the open. AMD was no longer in play for the 2min ORB. Do not focus on it at the open. MU is in play at the open, make it your primary focus for the week. Trade half share size until trading improves.

Week 27 Recap Slow week to write a recap on. Only took two trades and both weren’t very good. · Weekly stats o 3.1 planned R/R (Goal: above 3.0) [Previous Week: 2.7] o 7/8 88% (Goal: above 80%) [Previous Week: 97%] o -$24.81 (Goal: $150) [Previous Week: -$17.08] o 0/2 0% trades with the trend (Goal: 100%) [Previous Week: 56%] o ½ 50% Non-optimal Entries (Goal: 0%) [Previous Week: 22%] o 0/2 0% Letting Losers Run (Goal: 0%) [Previous Week: 0%] o ½ 0% No Setup (Goal: 0%) [Previous Week: 11%] o 0/2 0% true win percentage (Goal 45%) [Previous Week: 33%] · Highlights o Didn’t FOMO and take bad trades on Wednesday or Friday. · Ongoing things to work on o It’s crucial that I work on getting my win percentage to at least 45%. that would really help with my weekly P&L. o Need to wait for 2min then 5min breaks for confirmation the trade is working. The MU trade never broke to a new 2min low and the GBX trade was too late after the 2min break and the 5min break. o Pay more attention to volume.

Basically, your questions made it complicated lol. Anyway, what moves the market are algorithmic trading, retail traders, and market makers play a role in its movement as well, now patterns are something we trade, but we all know that they don’t work all the time, if the work 50% of the times then it’s good now those patterns aren’t just some pictures which we see and go for an entry, those patterns describe the price action, but instead of describing what the market did in words, we describe it in patterns cuz it’s easier to remember when we visualize stuff, let’s go for the abcd pattern for example, first of all stock moved a lot with volume and made a huge move, then traders at particular level or round number started taking profits, some shorts go for scalp because they know other day traders are taking profits here, which forces the stock to drop, but with less volume since the longs didn’t get all out, the stock pulls back to a particular level or support, at which the short scalpers take their profits, and the longs add to their positions, the stock consolidates in a range until the support is clearly defined, more longs enter into a trade, and shorts exit anticipatIng the break of the previous high which makes the stock get into new highs now this was an explanation of the price action, but instead of explaining it this way which will make people (especially newbies) see it differently and enter on the wrong places, experienced traders explained it simply as an abcd, stock moved from a to b(huge move) pulled back to support(c) take long with stop at c and profit target at break (d), now the strategy seems so easy, why do experienced traders make money on abcds and novice traders lose on them? Simply because experienced traders see this happening over and over and they’re able to identify good abcd pattern from a bad abcd pattern, because over time they saw it happening over and over and over, same can be said about flags, and reversals, double bottoms, they’re all price actions explained in words, but does every double bottom means a reversal? Why is Brian so good at entering and catching doUble bottoms while we get stuck in a pullback before the break of the lod or hod l? Experience again, it depends on how many times you saw the pattern, how many times you journaled it, adjusted it and mastered it, depends on your entry and your discipline on partialing at 2;1 and not greeding, now what does market makers do here? They see our setups, they feel they’re going to work, they want the best entry, they drive the price down by bidding lower, we get scared of the stock pulling back and sell our shares to them, before they drive the price back up and catch a bigger move, what do algorithms do? They drive the price action in our direction as well, algos will be moving along with us retail traders, there’s no reason to trade against us when more money can be made trading along with us dont forget all the swing traders and investors which enter the price for long term investment and they also affect the price action but they stick to their positions my comment became much bigger than I expected it to be,, hope it was at least to the point lol

These are some follow up questions from William's instructional video: Can you please confirm: The red in this video (selling pressure) are trades executed at the BID price setting in DAS, and the green in the video are trades executed at the ASK price setting in DAS