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Thursday August 8th, 2019 Sleep: 7.5 hours, Mood: good, ready to trade, quiet morning. Only took one trade today. i took an ascending wedge in AMD. After watching Aiman's recaps, all i'm seeing are wedges! i got in right at the break of HOTD. I was nervous about this trade because i get burned a lot taking trades at day lows and highs. i ended up taking off half at a daily level that i was thinking was 2:1 but realized it was only 1R. sold another half when it was hesitating to go higher and the final piece at 3R with a new 5min low. i should have just set my 3R range order and sat on my hands but i just didn't have the confidence this was going to work. i was planning on adding more on a pullback to the 9EMA on the 2min but it never happened. GOOD: took a trade! RFI: partialled too early MOOD: good CONSISTENT: no, selling was not to plan. What i did good today: took a good trade What i did bad today: nerves killed my exit strategy What can i do better tomorrow: stick to 3R plan.

August 7, 2019 - Profit Target ($BAC) Coming off vacation was much better than before going on vacation. Came back after about a week off and took a short on $BAC. This was definitely not the top stock on my watch-list, rather it was just a standby that I saw my entry start to form and decided to take the trade when it appeared. I executed my profit taking with the revised plan that I developed while sitting around the pool in Arizona. I took a partial at 1R another at 2R and than set a range order to let the rest ride to the profit target or back to 1R. The range order executed when the stock moved back to my 1R level. I plan on posting the update this weekend when I transition to my next sample set. It does feel good to be back in my normal trading area. Sample Set Results, S E P S P 16 G 19 20

08.Aug.19 Green Day. 2R(4r) . I took a Pre-market trade in $ROKU after watching the earnings last night. I almost met my goal this morning even before the open. I could have stopped trading, except I didn't Watchlist: $ROKU, $AMD, $CRON, $GDOT. $ROKU and $AMD watching at the open. Trade1: $ROKU. Took this premarket at around 7AM EST, very small sharesize. On the 5min, it was a Clear ABCD pattern. Got 2R for the trade (I have 2 Risk sizes - regular 'r' that goes with A/B setups and Big ''R'' that goes with my A+ setups) Trades 2&3: $AMD. Gapped up on good news. Took it long after the pullback to VWAP for long. Made a hotkey mistake and got out. Took another entry (Chasing) got out at 'r'. Total loss 2r. Trade 4: $UBER. dropped at the open pulled back to 200MA-1min. thought it was breaking down and took it short. I was quick to stop after not getting the price drop. Good move. It was strong. 1r loss. Trades 5&6: $ROKU. took VWAP breakout for Long (as the stock was very strong) got stopped out. Went long after the bounce off 200MA(1min) for Trend trade. Got 2$ move. Good: Was very patient today with my partials, esp the last trade on $ROKU and got 3$ move. My last one trade covered the losses of 4 losing trades. I added to the position too and stopped out at the right time (before the dump). Traded premarket against strong fundamentals and was patient with partials, Held this for 2.5hours. Improvement: So after my first premarket trade I was up 4r. I made 5 more trades and back exactly at the starting point ie) 4r. May be I should stop after one losing trade beyond achieving daily target. Pay less commission.

Thursday 8/08/2019 I had a well-being score of 6/10 this morning. My nerves were actually OK, even after the double stop out yesterday. I took 2 live trades both with AAPL and a few SIM trades. Got stopped out of both AAPL trades which is a bit of a story and I was green 4 out of 5 SIM trades. Again with the premarket I saw no reason not to keep AAPL and AMD as my two main focuses. PM looked good for both but I had no bias for either stock at the open. Now I have been getting more and more irritated with my inability to take partial profits correctly. When I decided to hold to correctly partial yesterday on my MU SIM trade, I had the most profitable trade in 2019. So I was really steadfast this morning to at least hold to the correct first partial. That was my undoing of course. AAPL was positive at the opening, immediately engulfing the PM 1min candle. I waited to see where/if it would find support. It was moving through the 50MA-1min without much care, but it was finding support at 200.50. That happens to be VWAP, but I assume that was a coincidence since AAPL usually takes about 2 minutes before it respects VWAP. I do see resistance with the 200.50 level in premarket so I assume that was the reason. I went long after a bounce from that support. My target was the recent PM high of 201.55 with a stop at 200. I got a bad fill, but that’s common so close to the open. My R/R was still above 2. So everything OK so far. But, all that was going through my mind was, be strong and take a correct first partial. I was repeating over and over in my head and honestly not really paying attention to the trade. If I took this trade yesterday my first partial would have been at 201, which is the first tech level. But that’s at ~0.5R. The price reached 201 three times giving me plenty of time to take a partial. It took huge restraint not to. But because all of my energy was going to NOT taking some profit I failed to think that 3 times hitting a resistance means I should exit or take a large partial. It’s not a rule, but something I think about when I hit a resistance/support level 3 times. But, I wasn’t thinking about trade management, I was just trying to hold myself from taking a partial. The price retraced and I tried to stop out early at 200.30 since it was now setting up for a short. So I stopped and flipped. Lots of slippage on the stop so I ended up with a full –R loss. I did get an OK fill on my short. My target was PDC with the 50MA-1min as my stop. Essentially, I was paying an R to see if it would break the 200 and drop. I had to wait 3 minutes but it broke 200 and dropped quickly. I waited, though difficult for me, to reach the 1R profit which was the low of PM. Just as it reached the 1st target and I I tried to cover my DAS froze for about 10 seconds. When it came back I see the order was never initiated and the price retraced. I waited for it to drop again. It never did. After 4 bullish 1min candles, I had enough and stopped out at -0.5R. So two stop outs, that could have easily both been small winners. Very odd. But, now I have a decision. Two double stop out days puts me back into SIM, but both of these S/Os were unusual. I need to see how I feel tomorrow. Any nervousness about it and I will go back in SIM. The chart when I took the 1st trade. Both trades: Score Card (live trades) AAPL AAPL 80% 88% What I did good today: The setups were OK. What I am grateful from today? Usually double stop out days really take its toll emotionally on me. But I feel OK. What do I need to improve on: Tried to change my profit taking methods in one day. That won’t work. It needs to be done gradually.

Wednesday 8/07/2019 I had a well-being score of 6.5/10 this morning. My nerves were fine. I took 2 live trades (AAPL and AMD) and 1 SIM with MU. I definitely did not help the score card average today. I even almost hit max loss. With the premarket I saw no reason not to keep AAPL and AMD as my two main focuses. PM looked good for both but I had no bias for either stock at the open. AAPL had 2 bullish 1min candle before the open, then after the open created a hammer on good volume. I would usually go long at that moment, but I was worried about a pull back to VWAP and the price would drop again. So I waited for a break of VWAP, but I wasn’t conscious enough of my scale. Waiting for a break of VWAP I gave up 50 cents. The price did break VWAP shortly after but I did not wait for the confirmation of the break. I have been working on this. I need the price to hold or go back and test the support level (here VWAP) and find support. I actually did this well yesterday. But that was yesterday. Today I went long immediately on the break of VWAP. My target was PDC with the 195.38 daily level as my stop. The price retraced and I was stopped out a minute later. There was some slippage on the stop so it was a -1R+ loss. Actually the setup wasn’t really that bad, it was just a terrible entry. Either take an aggressive entrance after the hammer was formed or a conservative one waiting for the show of VWAP support. I took somewhere in between and paid for it. The chart when I took the trade. The entire trade: My next live trade was with AMD. The 2nd 1min candle was quite bullish and there was a level at 28.60 that seem to be strong resistance. The 3rd candle formed a hammer so I went long at the break of this 28.60 level. I had a good feeling that VWAP would pull it up, but would it break VWAP? That I had no bias and I was going to pay my R to find out. But, if it did I thought it may make a good run so I liked the R/R. My target was PDC with my stop at the 28.49 level. AMD made another bullish hammer and tested VWAP and found resistance. I know in hind sight it looks like I should have bailed at B/E at that point, but it really only tested VWAP once. It looks like from the screen cap of the trade that two candles tested VWAP, but actually it happen to test VWAP at exactly 9:34 so it looks like both candles tested VWAP. The price hit my stop shortly after. I took a -1R+ loss as well, from this trade, though there was no slippage. My entry to stop was 12-13 cents. I have a 10c and 15c R button. I usually round to the more conservative, but after my AAPL stop out I went more aggressive. I have no specific rule against this, but it caused me almost to hit max loss today. The chart when I took the trade. The entire trade: I then took one SIM trade today on MU on a 5min ORB. It was my most profitable trade (SIM or live) in 2019. I thought it would cause serious FOMO that it wasn’t live, but it didn’t. It actually may me feel better. Score Card (live trades) AAPL AMD 75% 87% What I did good today: Took a really good trade with MU. What I am grateful from today? Not feeling salty about the two big stop outs. It is actually cool that I was 33% win-rate with two big stops and still positive. What do I need to improve on: Control emotions after a stop out. Watch for the price scale on your charts, I have been burned before from it.

Wednesday August 7th, 2019 Sleep: 7 hours. Mood: busy with work stuff all premarket. didn't take any live trades again. i wanted to take the WW ABCD but the spread was high and as soon as it broke the new 2min high it jumped 30 cents and i didn't want to chase it. took another ABCD in WW but in sim. it is currently in my favor 1R but i don't know if it's going to hit my PT. i did not take this one live either because it's getting later in the day and it looked like it wasn't going to break the $29 level so i took sim just to keep myself from taking a dumb live trade. My fear of entry is starting to worry me on the surface but the more i think about it the more i'm fine with it. my immediate concern is that if i keep missing these good trades i'm going to end up FOMO'ing a bad trade. I seem to be oscillating between overconfidence causing me to take too many trades and being too fearful to take a good ones. That being said, i think one of the most important parts of trading is finding that sweet spot between fear and overconfidence and i see my current situation as part of the learning process that will help me eventually get it right.

Latest version (2.0) is up. See changelog in original post. Video is rendering and will be up today or tomorrow. The video came in around 45minutes to 1 hour, so I'll include timecodes to jump around. I try not to ramble, but I cover *a lot* of scenarios to try and simplify this as much as possible for people. I also included a voice-over trade of me using it that I recorded a few days ago so you can see my workflow and how I use it in everyday trading.

07.Aug.19 Green day. 2r. Overall good trading day. Losses were small. Cut down losses where possible. Some good winnners and some scalpers. Today was tag-team trading with JaredC at the open, as we exchanged updates in the chat. Watchlist: $MTCH, $DIS, $TEUM and whole lot of other stocks which were moving with SPY. was watching $MTCH and $TEUM (i had a small position premarket) at the open. None traded very well in the first 5 mins. Trade 1: $BAC. Jared took a short at the open. I liked it and waited for a pullback. Entered close to VWAP. It was a nice trade, but the Harmonious setup didn't give lot of move. It formed Double bottom and moved against me. Trade 2: $TEUM. Took a long Premarket for a pop up to 4$, didn't give me the move, I got out Breakeven. Trades 3&4: $NEWR. $NEWR was forming a wedge Took it short at 9MA stop 20MA, price moved 1R and stopped me out. Took Long at the MA cross got stopped out again. Trade 5: $CVS. Scalped 3 times on a good trend. Would have been nice trend trade, had I held on to my 2nd entry. Trade 6: $DIS. Moved with SPY, took it short below VWAP. Partialed at 1R, 2R, 3R as was worried about the false breakout. And so it happened. Trade 7: $MTCH. Another scalp on a trend trade. Good: Losses were small. Partialed and moved the stop to BE. Scalping worked in some cases to lock profits. Improvement: Sclaping on a Trend $CVS and $MTCH, missed big profits. Overall happy today, after the 2X max loss yesterdady. I am working on different Rs for Different setups. Will implement this soon.

7/8/19 after my horrible day yesterday i went and caught up on the wednesday workshops ive missed over the passed few weeks and they have been helpful. i havent been taking proper set ups so im now going to start recording how many winners i have for specific strategies and hope that will keep me only taking good setups and give me an idea of what im better at. feel really happy about today, only took good setups 6 winners 4 losers Trade 1: 5 min ORB, the red candles had much lower volume than the green so i went long just below VWAP with a tight stop and turned out to be a perfect entry and a nice trade. Trade 2: DIS looked weak and looked like it was doing a false breakout so got in on a pullback to VWAP but stopped out, slightly missed my stop but not by much. Trade 3: CVS was respecting the 50 in the 5 and saw it bounce off the second time so went long, got a nice scalp at VWAP then out at b/e. Trade 4: ROKU broke VWAP with volume so went short on a slight pullback for a reverse ABCD below VWAP but stopped out. Trade 5: WW was strong and looked like it was bouncing off the MAs so went long for a scalp then stopped out at b/e. Trade 6: this looked like the start of a reversal making lower lows so went short on a pullback but stopped out when it made a new high. Trade 7: it then couldnt make a new high so went short for the reversal with small size at first then added on the way down. i knew i was going into support so got out early and actually got the perfect exit. Trade 8: DIS was strong and bounced off a lot of MAs so went long and took some good profit before i stopped out at b/e. Trade 9: CVS was strong and dropped suddenly so i went long for a move back up but stopped out below the MA support. Trade 10: i really liked this trade. CVS was strong all day and came down to VWAP, i expected a bounce and got a perfect entry just below VWAP. got one nice partial and brought my stop to b/e but i was really patient with it, saw a pendant form and waited for a breakout then just waited for my 2R then 3R for final exit. Really good day for me taking good setups. Happy Dan

8-7-19 Overall I feel a little tired as of now, woke at 7:40 (hitting snooze) only about 3.5 hours of sleep. Work went a little late last night. SSS and a Bucci Pay Attention to: Do not trade in the first five..... make sure I have clear R/R .......... Pay attention to the spreads......... I made sure to sit on my hands for 5 min. plus +AMD ABC a little late but just tightened up my R/R took 25% x 3 then all out at a little above BE when I seen the price action changing +54.74 +CVS on what I thought was a pull back on an ABC but was a reversal Also took a bit more shares than I should have my stop should have been 1R ($50) but was instead Also I did pay attention to the spread but it was also a little high for my likening (70.00) +MU looking at ABC on 1min. again did not like the price action after I entered so I partialed out early and moved my stop to a profit +29.98 -AMD went with a reversal without good confirmation. The bear candles did not cover the late Bull candle. I did realize it and took only 100 shares and got out for a very min. profit +3.00 Pros: Obeyed my stops and did pay attention to the spreads...... I also took a break between trades that I needed to review myself........ I did have clear R/R levels Cons: I am entering trades a little late because I still do not trust myself....... After I took a couple of the trades I then looked over at the LVL2 Note to Self: Continue to watch the spreads.......... Make sure I have clear R/R........... Take less trades with a more clear pattern...... Pay attention to LVL2 before I take the trade...... P&L Target 50.00: +17.72

06.Aug.19 Max loss day, more than maxloss actually, as got hit by Slippage of more than 1$ on $ROKU. I was so biased on Long today, It messed up all my trades and stopped me out. I had less than 4 hours sleep for the last 2-3 days and it is really having an effect on my trading. That's why I journaled early today so I can take some rest. Watchlist: $SNAP, $ROKU, $GSKY and $TWTR, $AMD, $MU. Watching $ROKU and $GSKY at the open. $SPY is up. My main pick was $SNAP which was down (against the market). And $ROKU, which had a independent run yesterday and looked good today. Also watching $GSKY which was at ATL and harmonious. Trade1: $GSKY. $GSKY had the perfect setup for me to take short. It had gaped down on Daily and pulled back at the open, I could have gone short. I hesitated because I don't know the stock. It dropped 1$ in the first 15 mins. got FOMO going now. So later when the stock appeared to have reversed I took a Long for fallen angel, but got out as the move didn't happen immediately. Trade 2: $ROKU. Was long biased on the market and $ROKU today. I preempted the ORB move a bit. The FOMO on $GSKY may have played a part unconciously, although I didn't remember it while trading $ROKU. Trade 3: $ROKU. Took a reversal after the price bounced off 200MA on 5min. Din't like the price action and got out. on both Trade 2&3 I made a mistake in calculation of shares and went double the share size. Trade 4: $ROKU. Took a reversal after the MA cross of 9/20 (1min), with a new 5/15min high. But it dumped on me following $SPY. Had a bad slippage and loss on this. Trade 5: $PYPL. Price formed a hammer above VWAP and MAs. Took it long, but stock dumped me for a SO. Andrew also took the same Long and got stopped out. Good: Din't overtrade or Revenge trade. Got stopped out alright, except for the slippage on $ROKU. Improvement: I am ok to be biased about the market and stocks, but have to change the view as the market evolves during the day. Also, took twice the share size by mistake.

Yep you were right. I have changed my self analysis part of my journal to a more positive tone.

Tuesday 8/06/2019 I had a well-being score of 5.5/10 this morning. Getting only 5.5 hours of sleep every night is really catching up with me. My nerves were fine. I am so glad I took a trade with a good score card, my scores have been poor lately. I took 1 live trade with AAPL and 3 SIM trades. With the premarket I saw no reason not to keep AAPL and AMD as my two main focuses. I had no bias on AMD but I had a strong long bias on AAPL. I really liked the premarket. Lots of volume and AAPL gapped up, then gave half of it back, then slowly creeped up to test high of premarket right before the open. The last two 1min PM candles both tested the HOPM and found resistance. Huge volume for AAPL at the open. First, the price dropped and tested the 196.18 daily level twice finding support. Then shot up and plowed through the HOPM and the 197.09 daily level. Then the price dropped down and tested the HOPM and found support. I went long the moment it bounced from that level. My target was the 197.67 and my stop was 196.50. Since I entered the trade 20 seconds after the open on high volume I assumed I was going to get a bad fill (around 197). Plus there is a lot of slippage this close to the open so I took shares for a 75 cent R. This large of an R is not that uncommon this close to the open. But, I ended up with a great fill, so it looks a bit odd in hindsight taking so few shares. I used up 5 partials to make it to my target. My current goal is to only use four. Though my first 3 partials were all small. And I was happy I exited right at the peak. The chart when I took the trade. The entire trade: I then took three SIM trades today and was stopped out on each one. I have been stopped out on all of the last 6 SIM trades I have taken. I need to review my SIM trades to see where I can improve. Score Card AAPL 94% What I did good today: Good score card What I am grateful from today? I had laser focus after the open, just looked at AAPL with some glances at my SPY chart for insight. What do I need to improve on: Still need to work on the next step of improving my partialing. Need to keep it to 4 partials to my target. I need to review my SIM trades to see where I can improve.

Tuesday August 6th, 2019 sleep: 6.5 hours. Mood: good, ready to trade. a little tired. no trades today. didn't like anything for ORBs and i almost too ACB on an ABCD but after making a new 2min high, it didn't have the momentum to move higher so i didn't get in. like SQ for an ORBD but i didn't like the 200 and 50 MA on the 5 minute chart at the time but looking back i could have used those as profit target. i thought the price would just bounce around the two. missed two more short entries at pullbacks to the MAs in SQ. oh well.

8-6-19 Overall I feel rested, 4.5 hrs sleep, woke at 7:30 SSS coffee and toast Today I will try something, If I take a trade either with a very bad entry or false setup I will come here to log and then continue giving myself a few minutes to reflect and make improvements. I will also attempt to keep up with a P&L +AMD for a scalp, entry a little late then tried again on 1min but it was just a pull back. (8.00) -TTWO I did not have defined stop or profit targets and ended up out too early. (67.00) -ACB 6.94 again late should have been in at 7.00 A hotkey mistake I thought I covered when I seen a change in the pattern at 6.85 +45.00 -ROKU 99.89 (I programmed the hot key wrong and instead of partialing out 25% I was adding 800 shares same as above) I did exit early on a pull back when I should have read the level 2 that Andrew called after my exit but would have ended up the same way after looking at the charts +87.00 / with my hotkey mistakes it did come out to a loss ...... my hotkey was a program error on my end.......... +MU 42.01 s/ 41.95 yesterday close t/42.18 MA, 50% out at 42.12 and stopped at BE +27.50 +BABA took it as a pull back but ended up making a double bottom and then I scared myself into not trading the double bottom and thinking that I may be revenge trading. I did stop at my stop loss for minimal damage (32.00) Pros: I did obey my stop losses and took a break in between my trades that I did not feel good with Cons: Did what I said I would not do, I took trades for early scalps and did not have any good patterns that I recognized early on. I also did not have clear R/R targets on a couple of the trades Note to Self: Stop trading in the first 5 min......... make sure I have clear stops and profit targets ......... P&L Target 50.00 +52.50

Monday 8/05/2019 I had a well-being score of 6/10 this morning. My nerves were fine. Quite disappointed in my trading today. When the markets are quiet I can barely focus on two stocks at the open. I usually concentrate on the one I like more at the open and glance at the other in case of a really good setup. Today was a volatile open and one of my focuses was AMD which I haven’t focused on in awhile. So today would be a very bad day for focusing on two stocks at once, but that is what I did. If I chose either AAPL or AMD I would have likely had a good trade. But by focusing on both I ruined both trades. Everything was gapping down. I did not have a bias on AAPL, though I was short bias on AMD due to very little resistance levels below its current price. I really liked that AMD gapped up the minutes before the open. This made me even more short biased. The price was respecting the 50MA-1min, so I was going short if it broke it. I had no idea I took a trade on AMD 5 seconds after the open. I knew it was close to the open, but until I watched the recording is when I realized how fast I took the trade. I did take it half shares because it was close to the open. My target was the low of premarket and my stop was the 28.25 daily level that it showed respect for already. Though R/R ~2 we are talking pennies here with a lot of slippage, so the R/R really was not that good. But I was hoping for a big drop if it broke the low of PM. Plus over 1 million shares traded in 5 seconds. Wow! The chart when I took the trade. I did make mistakes with the partials. I have to admit I seldom look at the spread with AMD I always assume it’s tight. So when the price dropped 8 cents I tool a partial which filled at almost B/E. So I looked and there was a 7 cent spread. So I waited for the spread to close to 1 cent and took another partial and got filled near B/E again. This flustered me a bit. Now looking at the recording I just happen to catch an upward spike, which happens a lot at the open. Then the price dropped to my target. I took another partial. Not the best fill but at least not at B/E. But I made the mistake of taking a small partial. I am at my target now, so why did I not take a large partial? Then the worse of my mistakes. I started eyeing AAPL and seeing a really good setup. But I was still in the AMD trade. The AMD price started to go against me and the plan was to use VWAP as my stop. But I was looking for an excuse to get out. So as soon as it “looked” like it was going to break VWAP, I got out. The moment I did the price went back in my favor and would have been a good trade. So by not focusing on one stock I ruined the trade. The entire trade (sorry about the image quality): So I was really liking the setup on AAPL and was focusing on it more than AMD, which was really poor trade management. So I bailed early on AMD but the entry on AAPL had already passed. If I was just watching APPL I would have gone long with the strong hammer when it broke VWAP. Instead I chased it and took it the moment I exited the AMD trade. The R/R was now bad. To make things worse I took a full share size which limits my stop to 197.70 daily level instead of the better 197.50 level. The price instantly went against me the moment I entered the trade and I was stopped out at my shortened stop level. If I took the correct share size I would not have been stopped out as it bounced from 197.50 and went higher all the way to my target at the 200MA-1min. Its been a couple of months since I have taken this bad of a trade. What it looked like when I took the trade: The entire trade: After the AAPL debacle I switched my platform to SIM. I saw AMD breaking the low of premarket again and L2 had some large bids so I shorted. VWAP was my stop again and honestly I didn’t have a target since there were no levels below. This is something I would only take on SIM. But as soon as I took the trade I realized I forgot to click the watchlist again so the trade was still live. I wanted to get out, but the price went in my favor quickly. Again I took a small partial instead of exiting or a large partial since this trade is a mistake. Then got out at B/E. If I never bailed out early on the first trade I would have had a 30 cent move. I then took three SIM trades and was stopped out on each one. That didn’t help my confidence. Score Card AMD AAPL AMD 80% 65% 87% What I did good today: I kept my losses to -1R How did I challenge myself today? Traded AMD, first time in awhile. What can I do better: Should concentrate on only one stock if there is a volatile open. Don’t look around at other charts for a next trade, while in the middle of a trade. Don’t leave a trade early to take another trade.

Monday August 5th, 2019 Sleep: 7 hours. Mood: good, ready to trade. I spent a couple hours reviewing all of my July trades and i'm working on making a longer post this week but from my initial pass it looks like when i'm wrong, i'm immediately wrong and when i'm right, i'm catching a nice 3-4R move. i looked in to scaling out more but only on two or three trades would that have made sense last month. Goal moving forward is to stick to my 3R range orders and just try and make sure i'm taking setups that i'm comfortable with and getting good entries. Giving up on the momentum trades again for now, they're just not in my wheelhouse. First trade of the day was in TWTR. almost took it short on the new 5min low at 10 but it wasn't a good R/R to the LOTD so i held out. played this as an MA trend plus reverse ABCD. stop was a new 5min high, got in at the break of the first 2min low after touching the 9MA on the 2min chart. Almost got stopped out, it came within 4 cents of my stop but then it started making a descending wedge and once it broke lower, it hit my 3R profit target. GOOD: stuck with my trade, went according to plan RFI: could have got a better entry MOOD: good CONSISTENT: yes. What i did good today: took one good trade What i did bad today: still taking entries at new lows and not on pullbacks What can i do better tomorrow: wait for better entries

8-5-19 Up at 7:30 felt rested. SSS and coffee TSN took it long twice and short once. Pretty disgusted that I did not realize the spread was 28 cents. 1st took it long and thought I took some profit should have stopped at BE since IO did take profit but let a winning trade lose money. 2nd I did see the bounce off VWAP and took my eyes off of it for too long and missed my profit. I got pissed and then took it short for a mini Hulk and got stopped out again. +SBUX 94.27 got stopped out 94.14 which was below the 20MA +NUGT 37.11 partialed at 37.25, 37.38 and stopped at 37.08 (This was my only focused trade I took) +TVIX I misread a reversal on the 1min and stopped myself early from fear of previous trades. If I would have stuck with my plan of a stop below VWAP I at least would not have lost money on this one Came back after a rest and I found NUGT doing a reversal (a little bit late) which I did not think was too late but only cuts down on my profit.... +NUGT 37.04 S/ below 9 36.84 T/ 37.44 Partialed out at 37.30, 37.54, 37.74 and all out at 37.32 ..... I moved my stop to BE on the first partial then to 37.30 on second partial and my final stop was below the 9 . I will start putting in my pros and cons of the day along with notes to myself when needed Overall: this was a net loss day which was mostly due to my blowup early on TSN which ended up being -10R (WOW) Pros: even though I hulked on TSN I did stick with my stop losses on all trades and had a R/R in my plan Cons: after my second trade on TSN when I realized my mistake of the very large spread I let it get to me and was taking trades out of frustration. Note to Self: pay attention to the spreads ........ if I feel frustrated leave and come back later or another day...... I also need to trust myself I did not take a couple trades as I was listening to the chat.... As the pros are always telling us to trade your own style..... I feel like I have been better at 10:30am and on, maybe due to feeling more awake from my 4 hour sleeps

Live trading summary for week ending 8/02/19. An unusual week. The first three days I was on a family vacation with spotty WIFI so I didn’t trade even SIM. I traded Thursday but only took one live trade. Friday I did take two trades, which I thought were live but were in SIM. So I only took one live trade this week. So no stats. I increased the risk this week to $30 risk/trade. Back test data shows AAPL still in play at the open. MU and FB are marginal at the open. AMD and TSLA are possibilities at the open. But I don’t know TSLA well, I will need to trade that stock in SIM or half share size first, to get to understand its personality. AMD’s personality has changed at the open since the 2 months ago when I use to trade the stock. So I will need to keep share size small. Here is my plan for this week: Concentrate on process and score card, not on W% and P/L AAPL is still in play at the open. Make it the primary focus. Both MU and FB are marginal. Do not trade at the open until better data. Keep $30 risk per trade. Choose TSLA or AMD to be the second focus at the open based on PM data. Go small share size or even SIM on TSLA until you better understand the personalities. Keep trading 5/10/15 min on SIM Don’t add to any trade, even winners.

Week 31 Recap Rough week for me. Hit my usual 33% win percentage but none of my winners were greater than 1R. Decided to start taking more live trades at the open and I just got beat up Thursday and Friday. Back to my slower trades after the first 15 minutes are over. · Weekly stats o 2.5 planned R/R (Goal: above 3.0) [Previous Week: 2.4] o 45/48 94% (Goal: above 80%) [Previous Week: 100%] o -$73.67 (Goal: $150) [Previous Week: $5.56] o 4/12 33% trades with the trend (Goal: 100%) [Previous Week: 33%] o 5/12 42% Non-optimal Entries (Goal: 0%) [Previous Week: 33%] o 0/12 0% Letting Losers Run (Goal: 0%) [Previous Week: 0%] o 2/12 17% No Setup (Goal: 0%) [Previous Week: 33%] o 4/12 33% true win percentage (Goal 45%) [Previous Week: 33%] · Highlights o All stops respected o Added rules for position sizing o Had a good 3R trade in MYL that would have worked had I not given up on it · Ongoing things to work on o Have to capitalize on winning trades o Practice taking all setups next week o Better entries

8-2-19 Rested good up at 7:30 SSS and coffee Felt good lots of research (maybe felt too good) Overall a Bad trading day due to lack of patience to wait for a setup that I am familiar with. I will let my charts do most of the talking. +AMD for ORB worked out OK...... second trade was a little FOMO as I was looking at the ABC after it happened and my R/R was not good,..... third trade was taken as a reversal but yet again I came back to the chart late and had FOMO again and got stopped out...... and yet again on a fourth trade I went long on a reversal that I was right about but instead of sticking with my plan and partialing out I added to my position and did not make much on it as I should have. +MU thought it was bouncing off the prev. day close and going to the high of the day, got stopped out at just under prev. day close..... second trade ABC breaking the 50 and 20 partialed out twice and closed at BE..... third trade Thought it wasgoing to prev. day close as it was crossing to 50 but got stopped out. +SQ I was watching the 5min only and took the trade thinking that it broke VWAP and was heading to low of pre-market, but if I would have paid attention the the 1 min. I would have seen the DOJI along with no new Hi. EDIT I took -PINS at 34.62 (the spread was higher than I anticipated) at 12:01 s/34.74 above the 9 t/33.76 5min. VWAP, took 25% 33.99 to protect earnings, 25% at VWAP 33.78, 25% 33.25 hi of pre-market...... brought stop loss up all the way and final stop is a new high on 5min of 33.33 Overall I would have lost 180.00 which is above what I should allow. My R value is 50.00 after my walk away and return to trade I found this reversal and end up with a $300 Green Day..... This makes my weekend much better...

I'm AA. I've been trading on and off for over a year now. Recently, I want to take trading more serious so I start to record my trades in a journal. My result hadn't been great, but I usually have some kind of ideas/excuses on why I would take a trade. So by writing this journal on BBT forum, I hope to get some feedback about my trades so I can improve as a trader. Anyway, I've been red all week so my goal for today was to make a few good trades and be done for the day. By doing so, I will be able to gain back some confidence in my own ability. Today, my main watch list is AMD, CROX, PX and WLL. My side watch list is QCOM, MU, and SPWR. Usually the side watch list are for stocks that price too high for my account or I don't have share for short, or maybe penny stocks. Trade 1: I saw that AMD had a strong open. I took a 1 min ORB when I see that it bounced back from VWAP on the 1 mins chart. 1000 shares at $30.66. My stop loss is below VWAP. Sold 600 at $30.7 which is high of the day. Then the rest towards the 200 SMA on the 5 mins chart for a profit of $70.40. I usually don't take trade in the first 5 mins so I was scared of the volatility of market in the first 5 min. As a result, I took profit way too early. As you can see, I scaled out way too early too... Missed out on a 60 cents move Good trade, but bad management. Trade 2: CROX gapped up a lot. It sold off badly in the first 5 minutes. This is probably the sign of share holders and swing traders taking profits. I saw that CROX bounced back perfertly from $24.6 level. That is the 200 SMA level on the daily chart which is an extremely strong support level. Then, I saw CROX pushed up above the MAs and VWAPs. It consolidated at this level. On the 5 mins chart, CROX seemed to hold the VWAP. I went long at $25.69 for 1000 shares. Stop loss is a bit below VWAP. Target is at around the @25.99 level then high of the day. Anyway, I sold 600 at $25.91. 240 at $26.05. The rest was supposed to be sell at $26.35 but it dropped 12 cents on me so fast that I sold it at $26.23. Profit of $304.80. Overall, today is a good day. I missed two opportunities today. One was on WLL. WLL gapped down a lot. I saw that it reject the VWAP and wanted to go for a 2 mins ORB, but then I saw that the spread was 10 cents! So I didn't take the trade. Right now it has SSR but I think it didn't have that at the time. Another missed opportunity was on SPWR. It gapped up a lot due to good earning. The last 20 mins of the pre-market seemed like it was ready to pop up. Well, I saw a strong open in the first 5 mins, I was waiting for it to pullback to test VWAP. If it holds VWAP then I can go for ABCD + ORB strategy. Well, I saw the pattern on CROX around this time and decided to trade CROX. Next thing I know, it skyrocketed without me

Thursday 8/01/2019 I had a well-being score of 5.5/10 this morning. My nerves were fine. WIFI was poor in our hotel room, the last 3 days, so I couldn’t even trade SIM. But it was a family vacation so I probably shouldn’t have been watching the markets. I have not taken a live trade in a week. I took one live trade with AAPL and one SIM trade with MU. I only liked AAPL in the premarket. I had MU on my secondary chart but was not planning to pay attention to it until 9:33am. I had no bias on direction on AAPL. Though I would likely need a hammer or weak first candle and pull back on the second 1min candle to go short. To go long my setup was simple, if it breaks the high of premarket <1min with high volume go long. I was betting on the 200MA-5min being a magnet to pull the price up. I usually would shy away with that big resistance in front of it. But I have been noticing the 200MA-5min is really good price magnet very near the open <1min. Though it may bounce and retrace to stop out. It’s a good place to take a partial and get out at B/E, where the price usually keeps retracing. Though it has a lower chance of working out it has a lower chance of a full -1R stop out. So, I took the trade when it looked like it broke the HOPM. Though looking at the chart now, it actually didn’t and I entered the trade a little early. My target was the 216.50 level and my stop was all the way down to the 200MA-1min, so I had to go a little light on the shares. The price touched the 215 level twice and took some restraint not to take a partial there. Then I almost got stopped out. But, I waited for the correct first partial at the 215.23 level. Then I was about to take another quick partial at the 200MA-5min, but the there was a really big ask (unusual for AAPL where L2 is not very useful at the open) for 215.50, so I waited. The price popped and I took another partial. Less than a minute later the price had a big and instant spike down through my B/E stop. So I took another partial, since I was losing faith in the trade. Once it broke back through the 215.23 level I exited. The chart when I took the trade. The entire trade: I took a SIM trade on MU, trying to practice my 5min ORB. MU opened strong and I saw AMD was really strong as well and I was hoping MU would follow. MU created an ABCD and I went long at the break of the 5min candle body. The same story with the 200MA-5min. Was it a hard resistance level and I shouldn’t take the trade or a good magnet for the price? Since this was SIM it was worth a try. My target was 45.81 level and my stop was VWAP and the 45.31 daily level. I took my first partial at the 200MA-5min then partialed when the price seemed to halt. I finally exited when we had 3 LL/LHs in a row. Score card AAPL 87% What I did good today: Waited for the correct first partial on AAPL. How did I challenge myself today? Traded with the higher risk per trade ($30) What can I do better: Wait for the proper entry.

Thank You

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I believe the objective of all trading rules is to manage risk. As such, daily targets are important, but only insofar as it helps the trader manage their risk profile. I will state up front, however, that I very firmly believe that a daily targets should not be solely (nor primarily) profit based. On any successful trade, I think we can all agree that you would never completely exit a trade just because you’ve made “too much” money. However, smart trade management tells you that you should scale out of a successful trade to lock in profits and manage downside risk. You should also move your stop-loss point, as appropriate, to avoid profit slippage on any shares you still carry. And eventually, you will exit the trade when the technical indicators dictate…and not(!) based on our achieved P&L. Likewise, I think traders should set a daily target. Not to specifically tell you when to stop trading, but to set a risk parameter that will allow you to reduce downside risk. Personally, here’s how I do it. Before each trading day I set my daily trading target along with my max loss target for the day and my max loss per trade. For illustration, let’s assume those values are as follows: Daily profit target: $500 Max daily loss: $300 Max loss per trade: $100 Minimum per trade risk-to-reward ratio: 1:2 * *(note that this value rarely changes) This tells me that on this day, I cannot, at any point in time, have more than 3 more losing trades than I have winning trades or I will hit my max loss and have to stop trading. The daily max loss is unalterable once set. No exceptions. However, the daily profit target is a guideline only, and here’s the rules I use to manage my risk: 1. Throughout the day (approximately hourly) I self-assess on how tired I am. If at any point I determine I am too tired to be effective, I will force myself to stop trading no matter the time of day or what profit level I am at. This, of course, is much easier said than done. But, through years of practice I have gotten very good at self-regulation and am able to put down my tools and stop trading. 2. Equally, I will also assess how distracted I am. If at any point I determine I have become distracted from the markets for any reason (emails, family, the chatroom, YouTube(!), etc.) and am not “in the zone” for trading, I will take a forced break of a minimum of 10 minutes (up to 2 hours) depending on the situation and time of day. I will then re-assess whether I can, and am willing(!), to re-focus on the markets to make some successful trades. If not, my trading day is done. If I am good to go, I will look at my P&L. If I am over my daily target, then I will not re-enter the market. If I am red but not a max loss, I will stop trading. If I am green but below my target I will consider resuming trading. My reasoning for this is that if I allowed myself to get distracted once today, it’s more likely to happen again if I am over target and feeling comfortable than if I still need to hustle to hit my goal. If I am red and got distracted, then I am obviously not in the game and any continuation of my trading will very likely lead to me hitting max loss. 3. If I am over my target, but not more than 1 loss over (i.e. between $500-600), then I will reduce my trade size by 50% until: a) I have achieved a profit of more than $600 where I can return to full trade size if I like, b) my profit dips below $500 and I must stop trading, or c) I remain between $500-600 through 2 more trades when I will also require myself to stop trading as my trades are obviously not achieving their individual risk-to-reward targets. 4. If I am over my target of $500 but not yet at 2x my target (i.e. $1000 in this example), then I can continue to trade until either: a) I have 2 consecutive losses, or b) I come within 1 loss (i.e. $100) of my $500 initial target. In either case, I must stop trading immediately 5. If I have had an exceptional day and am more than 2x my target, then I allow myself to risk any amount over $1000, if I feel like it. However, note that based on my fixed daily rules, I must still NEVER exceed my maximum loss (risk) per trade of $100. If I slide under $1100 (i.e less that 1 loss away from 2x target), then I must stop trading immediately. The above rules cover most scenarios. I hope this wasn’t too convoluted. It makes perfect sense to me and because I have been applying them for so long I am able to assess the above rules in seconds throughout the day, almost automatically. However, I know they might seem complex, especially when seeing them for the first time. At the outset of this article, I mentioned that I believe targets should not solely be profit based. Embedded in the above rules are my personal ‘targets’ on effectiveness, focus, risk, and fun! Yes, fun! Rule 5 is completely fun based. I allow myself to play with any ‘extra’ money, if I so choose. If that day it feels more fun to keep the money than to trade it, I will. However, if it’ll be more fun to keep trading, I can…as long as I stick within my rules thus limiting my risk exposure. Also note that rules 1 and 2 are done hourly throughout the day, irrespective of my P&L. They precede any consideration for how profitable I am on the day. As a final note, I have the habit of not looking at my daily P&L unless absolutely necessary. I used to stare at it constantly and it led to some bad behaviours. So, now I keep it hidden so as not to distract me or affect my decision making on any given trade. (I do however, look at my P&L on any open trade). So, how do I know my P&L and apply my rules if I can’t see where I’m at? I’ve found that I generally have a pretty good feel for where I’m at. I know if I’ve had a good or a bad day. I’ll usually only check when I’ve either taken a distraction interrupt, if I believe I am near max loss (that one is usually easy), or if I’m not sure if I am just above or below break-even. If I’ve made it to lunch without those happening, then I’ll check before I get up for lunch and apply my rules as appropriate.