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Tuesday 7/23/2019 I had a well-being score of 6/10 this morning. My nerves were not good. I am worried I am going to give my profits back for the month and have another flat month. I took two live trade with AAPL. Then two SIM trades: ROKU and MU. I was focusing on MU and AAPL at the open again. As usual I created my mental scenarios what I would do depending on possible setups. Neither stock I had any bias this morning so I had the usual 4 scenarios in my head. One scenario was AAPL to pop up, on high volume, and go long when it breaks the high of premarket. After the open the price did pop and had to make a couple attempts to break the premarket high (which I like, it shows it’s a real level). It did make a clean break, so I went long. My stop was the 208.43 daily level and my target was the 209.43 daily level. R/R~2. But the price reversed almost immediately and I was topped out. Now the trade looks like the short scenario I had. I have difficulty flipping positions, but since the setup looked just like the scenario in my head I didn’t find it too difficult and went short when it broke a premarket level 208.30. But I went small share size. Not sure why. I didn’t have time to think it out much so I gave it a large stop. My stop was supposedly the 50MA-1min, so in theory I was half share size. My target was the PDC. I got a little confused, not use to flipping positions, which was my last stop and my new entry, so I took my first partial well too early. My second partial was about where my first one should have been. The 1st 3 partials were small. I only got 50 cents out of AAPL on this trade which isn’t very good. When I was finished live trading I took a look at my P/L and was surprised it was negative. Then I remembered the winning trade was half share size. What the chart looked like when I took the trade: First trade Second trade The complete trade: Score card for my live trade. AAPL AAPL 86% 85% As for my SIM trades, they were both 10min ORBs. ROKU I was immediately stopped out and MU I had a nice winner. So I was green for my SIM trades today. What I did good today: Created viable scenarios to follow at the open. How did I challenge myself today? Flipped a position. What I did bad today: I am not happy about the small share size I took on the second trade. What can I do better: I need to start thinking about the possible flip trade before I exit the first trade.

22.Jul.19 Breakeven day. But I am happy overall how it went today after my Hulk trading on Friday. Watchlist: $MU, $FB, $AMRN, $TWTR, $PETS, $ACB, Watching $MU and $ACB at the Open. Trades 1&2: $MU. Formed a White hammer on 1min, crossing the MAs. Took it short. Per my new layout, I don't have 2min chart, but the price bounced off 200MA on 2min (which I noted only while journaling). Took another short for LOD and got stopped out again. I need to find a way to implement the 'PullbackORB-Breakout strategy'at the open. Trade 3: $ACB. This was a very good trade.. 5min ORB, one hotkey mistake, lost half the sharesize. But managed the remaining half very well, partialing at 3R, 4R, 5R before exiting on 15min High after 2 hours. Trade 4: $FB. Another good trade on $FB. Setup: Bounce off 200MA on 15min. Partial at 50MA on 1min and at VWAP. Trade 5 & 6: $NVDA. Break even on a failed ABCD setup after 1R move. Trade 7: $TWTR. Breakeven Trade. Reversal on 200MA 15min, but din't get the move. Trade 8: $MDLA. Took Long after price moved above VWAP and MA's. Realized it was not a proper setup and exited. Small loss. Good: Traded well, after the Hulk day on Friday. MA bounce reversaal (A+ setup) worked very well in Live ($FB) and SIM ($NVDA, $ACB & $AMD) Improvement: I need to trade only the Setups. If not for my $MU and $MDLA trade, I would have been Positive. Both trades, I was trying to trade the current price action.

July 22, 2019 - $MU (Stopped Out) I know you should go all the way through a sample set before changing it up, but in the middle of this set I needed to make a change in how I was trading after entering a trade. The major change was how I was taking profits and exiting the trade. During the first part of this sample set I have been exiting way to quickly causing me to miss the moves. For the reminder the sample set I have hard rules for exiting a trade. This may cause me to stop out more, but I want to see the effects on the bottom line. Sample Set Results, S 12 13 14 15 16 17 18 19 20

I was getting burnt while taking the conventional ORBs at the open. It affected my pshychology when my first trade of the morning fails, even when I think the setup was perfect. For e.g, A beautiful strong 1min open candle on $TIGR below, with no wicks, I went Long and got stopped out. If my first trade fails then it becomes a catchup to overcome the losses and then achieve the daily goal, and my pshychology gets messedup. I found some ways to narrow the ORB setup down to a level which offers high accuracy and would like to share this strategy "Pullback ORB with Breakout Entry"|. I have tried this out for the last couple of months and it has worked very well so far. The reason for this setup: I wanted a high accuracy setup at the open. I don't like overtrading, I prefer one and done, if possible. I am time constrained during the day. I can trade only at the open for 30-40 mins. And I am not good at Trading reversals. About the setup: This Pullback ORB-Breakout Entry works very well with @WilliamH Harmonious Charts. Step 1: At the premarket, find a Harmonious setup, where the price action is above (or below) all the MAs on multiple timeframes 1, 2, 5, 15, 30, 60min and Daily (most of them, if not all). I prefer when the Harmonious chart is also ATH/ATL (All time High or Alltime Low) Step 2. Pullback candle: At the open, Watch the 1min chart for the first 2 mins. Check if the 2nd candle is a Pullback Candle. Then it is an Alert. E.g Below. Step 3: Breakout Entry: Wait for the 3rd candle to break the previous 2 candles high (only bodies, no wicks) and take an entry. E.g Below. Step 4. Profit Targets: This is usually high RR setups, some times as high as 3-4 RR and a good candidate for riding till close. Step 5. This pattern/Setup works as good when it occurs on 2min or 5min timeframes too. If step 2 doesn't occur on 1 min chart, switch to 2min chart and watch for the pullback candle on 2nd 2min candle. Continue Steps 2-4. If it doesn't occur on 2 min, switch to 5min chart and continue steps 2-4. P.S: Harmonious charts - Sometimes you may find higher timeframes as Harmonious and smaller timeframes not harmonious, Wait for the open to see if the price action becomes Harmonious on these smaller timeframes too. Contrary to other setups, this setup works well when it appears on smaller timeframes. Eventhough it may appear on 15 or 30 mins, the setup may not provide high RRs. These are not rare setups, they occur almost everyday on common stocks like $FB, $AMD, $MU, $UBER, $TSLA etc., At the open, I watch 6-7 stocks for this setup and switch from 1min to 2min and then to 5min. Please let me know if there are any questions.

23.Jul.19 Green Day. Achieved daily target, traded $MU, 3 trades all Green. Watchlist: $MU, $FB, $SNAP, $KO, $AMD and $INTC. Watching $MU and $AMD at the open. Trade1:$MU. At the open price dumped and gave a pullback. I took it on the breakout of 1st and 2nd candle. This is the Pullback ORB and Breakout Entry setup. Took a partial at Y-Low, and got out at BE after the buying pressure creating wick. Trade2: $MU. Took Short below the 200MA on 1min, this was also strong resistence with MAs on multiple timeframes. MA bounce reversal. Price din't drop fast, so i partialed. It formed a Double top, so I added and partialed at MAs and VWAP. Trade3: $MU. Price continue to drop below VWAP and I took short under VWAP, very small stop. VWAP breakout. Price dint touch the target of $46.6, but bounced back up, so got all out. Trade4: $MU. Doji on 5min. I took it long after the price broke the doji. SPY spiked and so did $MU. Hammer at support. Got all out at 200MA on 5min. Trade5: $HAL. It's a small Test trade. Took it short below 50MA on 15min. had 2R on it, exited after the new 15min High. I also took $AMD MA bounce reversal off 5 and 15min. Rode it till HOD, after crossing VWAP. It worked out very fine. Good: Traded only setups today and not Price action. Pullback ORB, MA bounce reversal, Double top, VWAP breakout all worked out. Stopped trading after daily target. Resspected my Stop for $MU although it moved a lot. Improvement: Partials, but I am happy with the overall trading today.

23/7/19 taken the last few days off for personal reasons. Haven't been feeling great after a break up so been feeling sorry for myself and thought best not to make it worse by trading badly. still not feeling 100% but dont wanna take too much time off. Trade 1-6 LOL. went for a 4 min orb and got stopped out. once it came above VWAP got in again for a nice trade but missed a lot of profit by saving too many shares and missed the peak of the trade. 3: once it went came back above VWAP i went long again. this was stupid as it was a low volume pullback on a down trend. then did the same thing again straight after. Stupid. 5: saw on the 1 min that the price bounced straight off 50 and near the 20 on the 5 min so went long with a good entry for a quick scalp. and then got stopped out at break even. 6:after i was stopped out and the price went below the 50 on the 1 min that it help before i took short for the reversal and made some profit but made a hotkey mistake and lost some money there. Trade 7: Thought MU was bouncing from the VWAP but got stopped out due to a drop with volume. price paused for a minute with low volume so thought a continuation was coming so went short for a nice trade and got out at a daily level. trade 9: heard brian say he was going long for a reversal on ROKU, i wasnt confident and so sold all my shares in one spike for a very nice scalp. Trade 10: dont really know what i was doing here, and after the price drop with high volume i shouldn't have taken this trade long. i also stopped out late for a big loss and then frustrated i took the reversal without really thinking and that was also a bad idea. should really have a cool off period after a losing trade... Trade 12: tried the same thing again with ROKU twice but with no luck. kept my stops tight though and followed stuck to them well. Trade 14: NVDA broke through VWAP with increasing volume so went long but i missed the move and decided i was too frustrated to carry on so decided go get out at b/e and stop trading. pretty bad day, stopped before i hit my max loss due to frustration but this i think was a good move.

I did contact CMEG about my commission fee. I was following up with them last week. Today they applied credit to my account.

Thanks a lot @IamKarthiI also have the same problem. If i get the first 2 trades red then it just goes downhill from there and I get hulk days! I am in sim though, so all is not lost. I will try to trade your ORB strategy tomorrow as ORB's are pretty much where I have made most of my green trades yet.

Monday July 22nd, 2019 Sleep: 7 hours. Mood: good, ready to trade. first trade was an ORBU in MU. got in right at the break of the body of the first 5min candle. set my stop loss for the VWAP. got stopped out. i need to stop getting in to these trades that late. need to get in on pullbacks on the 2min. it wouldn't have worked either way but i've been getting in when it's too extended and just getting burned. GOOD: got out at stop RFI: should have just past on this trade MOOD: frustrated. CONSISTENT: yes last trade of the day was a wedge/ hoping for a break of the LOTD in $MU that didn't work. it did break the LOTD but had no follow through and got stopped out. GOOD: got out at stop RFI: i need to wait for confirmation of the move MOOD: frustrated. so tired of being wrong so often, it is extremely frustrating CONSISTENT: yes What i did good today: stuck to my stops What i did bad today: not taking good setups at supports. being wrong way too often. What can i do better tomorrow: no idea, i need to regroup and look back on my past trades and see what i can do to improve my accuracy. I don't know what to do, i've been wrong 6 out of my last 7 trades and it's really frustrating to keep getting stopped out.

hi JD, thank you for the advice! i did watch that video a couple days back and i have giving some thought to consequences in the past but i never thought of one that was painful enough to work. like in the past i would go back to sim if i broke a rule but it wasn't enough pain to stop me from breaking my rules. I've been brainstorming about this with my wife and I've decided that i'll give up video games for two weeks if i let a trade go past my stop. I play games everyday so this one would be sufficiently painful and allows me to trade live even if i break rules. i also removed the single trade auto stop from my das platform because it's not consistent enough and when the stock approached my stop in the past i would just let the auto stop get it instead of me and that's not really taking responsibility for getting out of the trade. we will see how it goes!

In regards to: Prerequisites 3. Pre-market volume and price action is tradable. I believe all of the members would enjoy and take a lot out of a class on this topic. BBT does a great job teaching, but I feel there has not been a lot of emphasis on how exactly to read the premarket action. I know Andrew goes over it every morning as he builds the watch list, but its so fast and I don't get exactly how his mind is working when it comes to reading the premarket. Thanks for this list Robert H, its great. I'm a huge fan of videos that I can go back to and view over and over again. A video with examples for each of these bullet points would be fantastic. Yes I'm being greedy with wanting all of these videos, but I think it would be a huge help to everyone. Cheers, -Joshua L

Since everybody has different levels of experience with the stock market, it is difficult to have a one-size-fits all objective list. I am going to try to cover all the areas that you should have a firm grasp of by the end of the 3-months. It is a rough outline of what I have learned after 4 months of paper/real trading. This post will be a work in progress, but here goes. ~IN PROGRESS~ Day Trading is probably the most deceiving profession on the planet. On the surface the concept seems very simple: buy low and sell high. Then why is it that 90% of traders fail at his endeavour? Surely they aren't trying to do the exact opposite of what is profitable. Even flipping a coin has better odds at 50%. Let's take a look under the hood to see what is required to be a successful trader. CLASSES There are four classes in total. Each one runs about 1 hour, except for class 4 which is almost 2 hours. It is recommended that you attend the classes multiple times to reinforce your knowledge, refresh the concepts, as well as stay updated on any new material. It is your responsibility to go over the slides and understand what is being taught. If you have any questions, please ask them during class, in the forums, or in the chat. The community is always here to lend a hand. You should also bookmark the Bear Bull Traders FAQ and DAS Trader Pro FAQ. Some members choose to read additional day trading books, as well as practice trading replayed market data. What you get out of the course is directly related to how much effort you put in. In a sense, the entire 3-months is more of a self-paced learning program than a structured course. There are no quizzes, no tests, no projects and no scoring. It is up to you to wake up every morning and spend time in the chair mastering the trade. Nobody will hold your hand, watch over your shoulder, or monitor your performance in any way. That is how day trading is in real life: absolute freedom to stake your fortune or self-destruct and implode. STOCK MARKET BASICS -Warren Buffet once said 'The stock market is a device for transferring money from the impatient to the patient.' This is true for long term investing and for day trading. Remember that for each transaction you see in the Time/Sales window, there is a buyer and seller. When a stock is down 20% on the day and you short it, somebody is on the other side of that transaction buying. You don't know their hand though. They could be covering their short from earlier, it could be institutions loading up for long term investment, somebody hedging an options contract, etc. Beginners often gloss over this point. Volume represents transactions being filled; a transaction always involves two parties. You are trading against other people, not the market itself. -Exchanges: NYSE, NASDAQ, AMEX -Market Makers -Pre-market and after-hours -High Frequency Trading (HFT), algorithms -Bid, Ask, Spreads -Short-selling. What does it mean. -Short inventory. Why are some stocks shortable and others not -Short Sale Restriction (SSR) -Short interest, or Short Ratio -Share float -5-cent tick programs -Circuit Breaker Halts -News, earnings, and catalysts -Buyouts -Pattern Day Trade Rule >>> Make sure you understand the above prerequisites before proceeding any further. Investopedia is a great resource. CHARTS -Candle Sticks. How to read them. -Understanding Price Action. Bearish vs bullish candles. Indecision candles. -Higher highs and higher lows / Lower highs and lowers lows -1-minute vs 5-minute chart -Moving averages and how they are calculated in different timeframes -VWAP. Why it's an important intraday indicator >>> The above concepts are not tool-specific and apply to all trading platforms MECHANICAL ASPECTS -Knowing your tools (DAS) -Platform, Hotkeys, Scanners, Journaling -Order entry. Limit, market, marketable limit, stops -Level 2 -Calculating commissions and tickets >>> The goal is to familiarize yourself with DAS and be comfortable using it. For some this could take days. For others this requires weeks. TECHNICAL AND STRATEGIES -Finding Stocks in Play -Good vs. bad pre-market price action -Finding Support/Resistance Levels -Day trading Strategies. Master recognizing the patterns, entries, stops, targets. -ABCD / Reverse ABCD -Bull Flag Momentum / Bear Flag -Fallen Angel -VWAP False Break Out -VWAP Reversal -VWAP Trend Trade -Opening Range Breakup / Opening Range Breakdown -Red-to-Green / Green-to-Red -Moving Average Trend Trade -Top Reversal / Bottom Reversal -Time of Day: Open, Late Morning, Midday to Close >>> Everybody will pick this up at a different pace--learning to recognize different strategies, figuring out which one works best for you (at what time of day), etc. MANAGING YOUR ACCOUNT -Risk Management -Position Sizing -Money Management PRACTICE THE PROCESS OF EXECUTING A GOOD TRADE Putting on a trade is more than buying at point A and selling at point B. You need to combine everything you learned to get in and out of a single trade properly: 1) finding good stocks in play 2) identifying chop and staying away 3) identifying the strategy or setup 4) quickly calculating risk-to-reward 5) getting a good entry and avoid chasing/jumping the gun 6) managing the trade based on live price action and new information which the market is providing you 7) taking profit (often overlooked, yet it involves half of the entire trade) 8) you need to do all of the above while keeping your emotions in check and fighting your psychological demons >>> Over the 3-month period, you will repeat this process hundreds of times. This is where the bulk of your time will be spent. Learning to take good trades and improving on your mistakes. This is the only path to consistency. Don't waste time trading unrealistic sizes on low-float stocks because you won't learn a thing. >>>Some of your trades will turn out to be winners, some will turn out to be losers. Most likely you will have a few trades that blow up your practice account (but don't worry, you weren't taking things seriously and would never do it live, right?). GOING LIVE -Choosing a broker -Starting small and gradual position sizing -Returning to Simulator -Peer-to-peer support PSYCHOLOGY OF TRADING -Why do most traders fail here -I'm highly intelligent, analytical and very disciplined. Why this will ruin your trading. -I'm a good poker player. Good--you will be playing against yourself -Revenge -Overtrading -Fear of missing out (FOMO) -Fear of pulling the trigger -Trading scared -Averaging down -Turning a day trade into a swing trade ~IN PROGRESS~