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double top on the 5min rejecting the $29.62 level (high of pre-market?) plus that indecision candle on the 5min with a break lower. then it starts making lower lows, lower highs on the 15. just my 2 cents.

Thursday 7/18/2019 I had a well-being score of 6.5/10 this morning. My nerves were actually OK. I wish I knew why some days my nerves are better than others so I could control them more. I took one live and one SIM trade today. Though I will only journal the live trade here. I was focusing on MU and AAPL again. I was hoping to trade FB at least once this week, but AAPL had OK premarket volume and some news. AAPL opened and the price dropped and bounced off the 200MA-1min and formed a hammer with really good volume. There was a triple level of a 203.97 daily, the $204 and the 50MA. When it broke these levels I went long. My target was 205 and stop out at the 200MA-1min. R/R~3 which is really high at the open. I took an early partial at the 200MA-5min since I was worried about a bounce. Then I got a really bad fill. My fills with Centerpoint have been getting worse and slow lately. So, I essentially took a partial at B/E. That messed up my emotions. So I did what I usually do when I am not controlling my emotions, I take a ton of partials. The only thing that saved me was I took small partials. So I did have 20% of my shares left when I hit my target. It doesn’t sound like much, but if I partialed with regular size I would have had 6% left. What AAPL looked like when I took the trade: The complete trade: I also took a SIM trade with MU. I actually had a winning 5min ORB. I can’t remember the last winning one. Score card for my live trade. AAPL 88% What I did good today: I was much more prepared today for the opening bell. How did I challenge myself today? Tried to trade on SIM as if it was real. What I did bad today: Let my emotions effect my trade management What can I do better tomorrow: I should have tried some calming exercises during the AAPL trade instead of just baring the emotional swings.

Hi All, I found a classic chart patterns graphic after seeing that Michelle and Carlos have this up on their wall and really liked the idea of having it as a reference. It also coincides with Robert's video on wedges and triangle patterns. Here's a link to high quality sections of the chart examples: https://www.behance.net/gallery/27641581/Classic-Chart-Patterns-Print Added the Japanese Candlesticks chart which is really useful too.

Hey Phoenix, I am planning a Phoenix meetup for the evening of Friday August 2nd!! I am suggesting Culinary Dropout as the location because it is centrally located and a really fun place. https://www.culinarydropout.com/locations/phoenix-az/ Location and time are flexible at this point, so please reply to this post if you are interested. Please include your preference on time (I am thinking around 6 or 7) and if the location works for you. If you have any other suggestions for location, please include that info as well. We might have one or two BBT moderators join us as well. Happy Sunday all, Michelle

Friday June 19th, 2019 Sleep: 7 hours. Mood: good, ready to trade. happy to be home with no distractions. First trade of the day was an ORBD in AMRN. didn't break the LOTD and stopped me out in 10 seconds. should have waited for the break lower before getting in but i liked the spinning top on the first 5min candle it just didn't work out. GOOD: good setup, entry spot was good, just a little too early RFI: too early on the entry, could have waited for a break of the LOTD and still had a good R/R MOOD: ok, i thought the trade made sense, it just happened to not work. CONSISTENT: yes, got out as planned. I was done for the day and then i saw MU making a double bottom. i thought about getting in at the PDC but i was too afraid since i was 0 in 4 on trades this week so i didn't jump in. what i noticed though was the hammer holding the low of pre-market on considerable volume and thought i have to take this long. i got anxious it was going to run away on me so my entry wasn't great. i though about adding but didn't. original target was 45.34 for 3R but then when it bounced off that high from a couple days ago, i adjusted down to right below it and got filled. i did not need to move my exit. GOOD: held this trade for a while even though i was starting to have doubts. didn't bail on that big pullback at 11:40/ RFI: so many opportunities for better entries. did not need to move my profit target. MOOD: happy to get a win this week. CONSISTENT: yes, i'm fine with the adjusted R/R. even though i didn't end up needing to move it, better to get 2.5R than -1R What i did good today: Getting in the MU trade after taking losses all week. What i did bad today: entries were too early. all week i've been too early on my entries. What can i do better tomorrow: Have to wait for the confirmation the move is happening. i'm throwing away money trying to guess the move too early.

July 18, Sim on $QCOM Day 3 of no trading at the open. Tomorrow I might be able to trade, not sure yet though. I came back in the afternoon again to work some more on my entry for a moving average cross over. Just like yesterday, after opening the platform I saw a good setup according to my gut at 1405 on $MSFT and $AMD. This time I didn't trade, as I had somewhat of a trade plan that I wanted to test out and see if it would work. Both trades did move the way I was anticipating. About 1/2 an hour later I saw the setup on $QCOM and decided to take the trade as it broke the support level with the moving averages sloping to crossover the 50. On the five minute made a new low right at the support level. Also made a new 15 minute low along with rejecting VWAP 3 times. Overall, I think I now have a set of criteria that I can start testing in sim to see the accuracy and profitability of the trade. A big step that I been trying to accomplish for the last month or so. Safe trading tomorrow for everyone.

18.Jul.19 Green Day. I had changed my strategy a bit. I have reduced my R factor by 50%, My Max loss is 4R, Daily goal is 4R. Because I am starting out without PDT rule, I would like to take as many trades as possible to confirm my style of trading. It may result in overtrading a bit and lot of commissions. But I think it is important not to restrict myself when i feel the setup is there. My Risk controls are my Maxloss per day and small R. I can do this in SIM, but sometimes I get very complacent in SIM. I will journal most of the trades that are relavant, if not all. Watchlist: $AMRN, $AMD, $MU, $FB, $ROKU (although I liked $NFLX, price is not in my range) Trades 1, 2, 3 & 4: $AMRN, I liked $AMRN because it was gapped down. Price is within my range and it is not very volatile. I took ORB down after a shooting star (alike), got stopped out after 1R. I waited for the price to pop above VWAP, took it long after the long wicked candle, got stopped out. Did it again, and got stopped out. Then the price starts to move up on ABCD pattern, I took it long now and exited at HOD. Missed the move, but I was short biased on $AMRN and was worried about the Double top. But $AMRN traded much better than I imagined. Trade 5: $AMRN. I am a bit emberassed about this one, because of the way I managed it. This is probably one of my worst Trades if not The absolute worst. Mid day, I noticed that $AMRN started to reverse. i saw the Shooting star on 15min at the 50MA. This was perfect setup. My entry couldn't have been better. But I chickened out after the price retraced back to my entry. I missed a 10R move. I was already Short biased on $AMRN and I should have stayed in this. As expected price came down to 50MA on daily and even close to 200MA daily. May be I just wanted to stay green today, however small that is. I expect $AMRN to be in play again tomorrow. Trades 6 & 7: $MU. $MU was strong on the daily. It created a false VWAP breakout on the downside, then came above resistence including VWAP. I took it long and partialed at HOD. Went long again on the pullback to the HOD. Nice Trend trade. I managed it quite well. Trades 8: $AMD. Noticed $AMD wedge forming at $32.77 (daily level) Took it short at the break of wedge to LOD. Partialed once before exiting at new 15min high. Neat trade. Trade 9: $ROKU. This was a really nice Reversal trade. 15min had strong support 50 and 200 MA below. Price bounced off of 50MA also forming double bottom on 5min. This is A+ setup. Sold all the way to VWAP. Good: I like my new strategy to cut down the R and be open to take more trades. I can learn a lot from it. Also means, I am operating with small share sizes, which I will slowly increase every month. I changed my DAS layout also, and like the new format. Improvement: Need to accept the loss on a Trade, I am still hesitant and assume that my trade setup is going to work every time. Or I am cutting short my trades so the A+ setup now becomes an Invalid setup ($AMRN short). $AMRN could have been my one and done. My focus is to try and avoid this going forward.

thanks Rob i'll check it out. i was thinking maybe it's better to remove the per trade stop loss so i have to work on doing it manually. a lot of the time i hesitate to exit because i know the auto-stop is coming. I'll remove it starting tomorrow and see what happens.

Thursday June 18th, 2019 Sleep: 7 hours. Mood: Excited to be back at the trading desk. busy with meetings. first trade was an 2min ABCD in NFLX that i meant to get in right at the break of the high but it jumped so fast and i was too slow on the entry and i got a bad fill. good thing i was using my hotkeys so it positioned me appropriately for my stop but once it broke the high it sold off the rest of the morning. got stopped out next 2min candle. GOOD: position size, getting out at my stop RFI: should have traded as an 5min orb going long at the break of the body. still would have got stopped out but at least i wouldn't have got such a bad fill MOOD: frustrated. CONSISTENT: yes. last trade of the day was another 2min ABCD, this one was in $MU. meant to go long on a new 2min high but it never broke and i positioned too big for the entry and then i was too stubborn to get out because i really wanted a win and i ended up getting auto-stopped out for 1.5R. i think my per trade auto-stop of 12 is no longer working. i'm going to re-submit my auto stops but really it's unacceptable for me to still be missing stops like this. very disappointed in trading today. GOOD: right idea, just too early. had i got in at the actual new 2min high it would have been a good trade. RFI: really have to stop missing my stops. if i can't do that one thing, i shouldn't be trading. MOOD: frustrated. CONSISTENT: no. What i did good today: right idea on MU, just got too trigger happy. What i did bad today: let my emotions control my trading and took too much of a loss in MU. when i should have taken a step back and either quit for the day What can i do better tomorrow: stick to your stops or quit trading. I've been good about sticking to my stops but it's been creeping back in lately. i need to think of a good consequence for missing my stops to motivate me not to miss them anymore. Other comments for tomorrow: I've noticed that i have a cycle in my trading psychology which goes: 1.) bad trades -> 2.) red P&L -> 3.) focus on getting good entries and stopping out appropriately -> 4.) good trades -> 5.)green P&L -> 6.) focus on being green for the week instead of good trades -> 7.) chasing entries/ stubborn losses -> 1.) bad trades... repeat cycle. i'm currently at step 6 going on 7. has anyone else noticed this? any advice for keeping in the 3 through 5 steps? i know on paper what i need to do is don't worry about P&L and just worry about my trades but i still fall in to this cycle. any advice would be appreciated. i think Robert H made a video about this in one of his rants. I need to go review those again.

UPDATE: As of 10:30 this morning, I received an update from CMEG on the current issue: 1. Statements are being adjusted to the correct BEARBULL commission structure. If you look at your statement now you will see yesterday will be showing correctly and by the end of the day, you will see the rest of the days also adjusted. 2. Programmers are working on fixing the issue, so it does not keep occurring in the future, but if it does happen while they are working on the change, they will address the fees and correct statements. From my end, I see that CMEG is doing an excellent job staying on top of this issue and making sure everything is corrected and working forward. Please be patient as they get this all resolved. Thanks everyone! FYI: Please make sure that your platform is up to date with the latest version and that you are using the LIMIT and MARKET routes on your hotkeys and hot buttons on montage. Also, make sure you are using DAY as the time in force on Hotkeys and hot buttons as well.

July 17, Sim on $BAC Overview SIM, I am working on trying to identify criteria when taking a moving average X-over trade. The purpose of my afternoon trading today was to work on finding stocks that had a setup along with taking an entry with a good risk. The profit target did not matter to me as I was working entries with this strategy only. Why did I enter: So here is the thing. I see certain chart patterns with the moving averages about to cross and more times than not I am right in that the stock moves in the direction I was thinking. So I literally opened my platform, looked at $BAC and saw what appeared to me as a good entry. The problem is I do not know exactly why it appeared to be a good entry. When I trade Orbs, I have a predetermined criteria to enter, for this type of trade I have nothing other than a gut feeling. The one thing that did stick out to me was the stock rejected 29.62 4 times on the 15 and 3 times on the 30 minute charts. I was wondering what do you all see that makes this a trade that worked out? Or was this just a random occurrence just getting lucky? Thanks

Wish I could be there. Have fun and a drink for me!

Sounds like fun....I do not think I can make it but will be there in spirit.

I'll be there. Culinary Dropout sounds good to me.

Hi Michelle, I just posted this meetup in our BBT Facebook page. Please let me know venue & time to update this fb event.

Hi Michelle, I'm excited to know about the meetup! Please count me in. Culinary Dropout is a great suggestion! If I may suggest, the one on Scottsdale Waterfront works out better for me. However, Phoenix location is okay too if it works out for everyone. Here are a few other suggestions: Rehab Burger Therapy in Scottsdale - https://www.yelp.com/biz/rehab-burger-therapy-scottsdale Thirsty Lion in Scottsdale - https://www.yelp.com/biz/thirsty-lion-gastropub-and-grill-scottsdale-3?osq=Thirsty+Lion+Gastropub+%26+Grill Roaring Fork in Scottsdale - https://www.yelp.com/biz/roaring-fork-scottsdale OHSO in Paradise Valley or Arcadia - http://ohsobrewery.com/restaurants/