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Week 33 Recap Started out the week trading well but didn’t get the moves I was looking for. Really turned the week around on Wednesday with the AMD ORBD then on Thursday didn’t trade as well as the other days but did some good trade management on my exits. All in all, an ok week. Look forward to next week. My confidence is slowly rising now that I’m trusting myself more to trade setups and not jump in an unplanned trade. My cardinal rules of position size and stop loss are really effective, I haven’t missed a stop loss since I implemented the rules. · Weekly stats o 2.8 planned R/R (Goal: above 3.0) [Previous Week: 2.9] o 24/24 100% (Goal: above 80%) [Previous Week: 100%] o -$0.01 (Goal: $150) [Previous Week: $41.50] o 2/2 100% trades with the trend (Goal: 100%) [Previous Week: 100%] o 1/6 17% Non-optimal Entries (Goal: 0%) [Previous Week: 50%] o 0/6 0% Letting Losers Run (Goal: 0%) [Previous Week: 0%] o 0/6 0% No Setup (Goal: 0%) [Previous Week: 0%] o 2/6 33% true win percentage (Goal 45%) [Previous Week: 100%] · Highlights o AMD ORBD A+ setup and execution, started an A+ setups folder and added that picture to it. o Kept the losses to break even with my win % being really low this week. o Starting to feel more comfortable taking two trades in a day o CSCO trade management · Ongoing things to work on o Need to start trading reversal setups when I see them. Like the shooting star at HOTD on MU Tuesday. o Keep working on getting out of trades that aren’t working. I can always get back in if I’m wrong. I need to cultivate that mindset.

Live trading summary for week ending 8/16/19. Much less drama this week. Improved my score card with an average of 86%. I took 7 live trades this week. One trade I was disappointed with. My win% was a good 57% but I was flat for the week. I took one big loss and no big winner. I took 18 SIM trades (5/10/15min ORBs) with a 60% win rate, which is really high for me. Since AAPL was the only stock that my weekend back test data said was in play and I had shorts, so it was most of my trades. ROKU backtest data said it was in play, but It was giving false long signals at the open and really good short signals but Centerpointe has no shorts (on the easy to short list). So I gave up on it and looked at NVDA on Friday instead. Back test data shows AAPL still in play at the open. Last week I had two possible stocks for my secondary focus, ROKU and TSLA. ROKU always had a better premarket, but the good moves were to the short side (at the open) where I don’t have shorts with Centerpointe. Looking at last week charts of TSLA it would have been the better one to follow, but it always had little volume in the premarket. But maybe it’s like FB where it doesn’t need PM volume. 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, AMD and FB are marginal. Do not trade at the open until better data. Keep $30 risk per trade. If you can find a stock on the gappers list that you like then make it your secondary focus. If not choose TSLA. Use small share size or even SIM when trading TSLA until you better understand its personality Keep trading 5/10/15 min on SIM Don’t add to any trade, even winners. Continue with the Van Tharp’s Peak Performance Course for Traders.

16.Aug.19 Red day. -1r. Not a great day today. But loss limited to 1r, despite bit of overtrading. I will not be trading next week as I am on vacation. Keeping my journal short today, due to travelling. Watchlist: $NVDA, $AMD, $AMAT, $GE $NVDA: Trade 1: Traded in the premarket, biased for Long. Took profit and got greedy, increase sharesize and got stopped out. Trade 2: When the price bounced off 200MA 1min, took a position for long, got stopped out (as I was waiting for $NVDA to reverse due to my bias) Trade 3: Took Long after price bounced off multiple times at 50MA 15min, Good partials too. Added in between, hence stopped out at BE. Price reached my final target of VWAP. $GE: Traded $GE as a follow up to yesterday. Didn't trade cleanly today. $AMD : Traded $AMD when $SPY surged on a news. Scalped the move. Good: Nothing much except kept the loss tight. Improvement: Today was the first time I breached my rule in Premarket (share size). Breaching a rule in premarket disturbs the whole day. STAY GREEN!!!

8-16-19 Up @ 7:35 7hrs sleep...... rested, SSS and a Bucci I started my day and forgot to log here first after these first two trades Ill take some time to log and clear my head......... PAT: Still need to fine tune my share sizes....... always use my Sticky Notes.... -AMD and flipped to +AMD on ORB ...... third 5 min candle broke the low of previous candle bodies, got stopped out and seen the action completely change so I flipped and took profits on the way up this candle till price action changed again.... +AMD flipped to -AMD on ABCD and a reversal all based on 5min..... got in late on the ABCD with small size (again not trusting my setups and myself) and added to it after confirmation, partialed out three times and all out on new 5min low..... seen the price action change to the short so I flipped the position, took partials and held for a bit, when I realized that I didnt have many shares left I just got out as I didnt have much more to gain. +91.62 +CSCO 3 times on ABCD all fails.... I did take too many shares on this also (500 instead of 400) on every one..... First I took when it went above the 9 to what I hoped was D..... Second bounced back off VWAP and again over the 9....... I should have never took the 3rd trade on revenge with no good stop loss calculated........ (165.00) +TPR VWAP Reversal (lightning bolt)........ Found this pattern from Peters Class but I got in late which moved my stop after partials to BE and got stopped out loosing lots of profit if i pulled the trigger at 19.60 like I should have (again no trust in myself or my setups) +15.25 Cons: Still messing up my share sizes but getting a little better........ Back to not trusting myself and my setups, they have been working..... I did revenge trade on CSCO Pros: I did pay attention to all my Sticky Notes and PAT.......... I am getting much closer to correct share sizes......... Using new price action after entry I was able to flip and make more profit..... Note to Self: Keep adjusting my share sizes......... Trust myself and my patterns.......... NO Revenge ........... Profit Target (+50.00): (58.13) Over all for the Week Target (+250): +397.78 Done for the Day.... If I come back it will be SIM of SIM..... Took a closing 5 min trade..... not sure if I am supposed to treat this like an ORB but .... Seen the 1550 Candle as an engulfing crack and confirmation by the open of 1555 candle and added to my position on the pull back...... Also the LVL2 looked to be Bearish along with the +1.6% on the day (I figured that people would want to take profits for the weekend) took 50% profits all the way to 3 seconds before close... Not sure if any of this is sound so if any Veterans would like to comment that would be great... This trade would end up making my day break even but there is no way I would have done this with real money so it will just stay down here..... +69.07

Welcome to the community @GeorgeSound like a world traveling trader! Love it We are thrilled to have you part of our community and hope to see you active in the chat!

Friday 8/16/2019 I had a well-being score of 7/10 this morning. My nerves were OK. I took half share size today since it was Friday. I took 2 live trades with AAPL and NVDA and 3 SIM trades. I have not been happy with ROKU this week. Since I was half shares today I decided to have NVDA as my second focus with AAPL. AAPL had those same two levels looming above it at the open again (same as yesterday). AAPL opened and moved with no pattern for about 20 seconds than got a huge volume increase and broke through the two levels. I went long at the break. My target was the 205.11 level with the 204.33 as my stop. The price moved up, I took a partial, but than stalled and I took another quick partial. The price retraced quickly. I tried to exit at B/E, but the price slid right through and took all my profits away for a small loss. The chart when I took the trade. The entire trade: I then saw NVDA create a nice 2min hammer. I don’t know how NVDA behaves so unsure how to treat the daily level just above it. I watched the price move up and bounce hard from the daily level. My first instinct was to wait patienly to see if the price breaks that level and go long. But what I see with AAPL is these levels are a strong magnet for the price. Though it may not breeak the level it is low risk that the price will not reverse on you until it reaches it. So I could take a partial and get out at break even. Plus there wre no levels for $3 above this level, so if it broke through it may really run. So on a pull back I went long. I had a stop at 160 but no defined target. Price moved up to the daily level where I took a partial as planned. Price retraced then shot right through my B/E. So my exit was at my original stop at 160. I still think this was worth the gamble. I then took 3 SIM trades all small winners. Score Card (live trade) AAPL NVDA 88% 84% What I did good today: Took 3 winning trades I liked on SIM What I am grateful from today? Only a loss of -0.2R. That’s like a winning day for a Friday. What do I need to improve on: Same as yesterday. I need to revise and back test exit strategies.

August 15, 2019 - Stop and Partial ($AMDx2) Not too bad of a day. I missed my perfect setup on a 5 min ORBD at the open. Man it was perfect, I just hesitated a little bit because the five minute candle was above the VWAP. This lead me to take a bad 1st trade on a pullback towards VWAP. I managed the trade well, it is just not my normal entry. Gave into FOMO. My 2nd trade was much better. Allow I got stuck in chop, it was my entry I like and I stuck with profit taking plan. It eventually hit 1R and I got a partial, and then stopped out at breakeven. The stock never hit 2R before hitting my original stop. Overall a good trading day Sample Set Results, S 2 3 P 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

15.Aug.19 Green day. +3r. Watchlist: $BABA, $CSCO, $GE, $WMT, $CGC. I traded only $GE as it was in play on a negative news and i found it trading very well. Trade1&2: $GE. Gaped down daily, due to news. Took it short on the pullback, got stopped out. Three 1min candle appearing to go high with long lower wick, Flipped position for Long, got stopped out again. Very small sharesize. Total loss -1r. Trade 3: $GE. Price bounced off 50MA 1min, took it short with a stop of 8c (above 50MA 1min, where it bounced). Took partial at 2r. Exited all on a new 5min high. Best trade of the day. Trade 4: $GE. Took short below VWAP after doji on 1min, price didn't dump, so gotout for 0.5r. Trade 5: $GE. $Price moved to 200MA on 1min, bounced off, I took it short. Very good trade. Entry - $8.39, Stop - 4c, Partial at 2r, 5r, 8r. Good: Managed the emotions and trades well. Didn't overtrade. one of my best days. Improvement: Missed some move on $GE as ran 30c beyond my last partial, could have kept 5% to run till the end. But overall happy about the day.

I shared my thoughts on the classic ABCD/Flag strategy. This pattern presents itself in virtually every move, across multiple timeframes. The formation consists of: 1. Run-up/sell-off 2. Profit taking/consolidation 3. Continuation Let me know your thoughts!

I've studied ABCD's extensively, analyzed charts and watched hours of live recordings of my trades. What I've discovered are three low risk entries and three high probable exits. Before trying this strategy, it is recommended that your psychology is resilient enough to add-on to a negative position. The goal of this strategy is to anticipate a developing ABCD's pattern, which happens to occur very often in the market. So that you can scale into a position that reduces risk and maximum profits at the same. Mastering this strategy will make you look like a day trading Genius! Entries: 1. Opening range breakout: Enter your first entry on a 2 or 5 minutes ORB. 2. Flag: Add to your position after a break of a flag. 3. Pullback/Retracement: This entry requires a little bit of faith and a strong boost of mental psychology to pull off because adding on the pullback is essentially adding to a negative position, so take precaution. I use these three strategies to find the bottom of a pullback which all appear to work: fibonacci retracement, reversal/engulfing pattern, and support/resistance/L2. The safer and lowest risk entry is adding on the reversal/engulfing pattern. Exits 1. Whole number: Always obey whole numbers. 2. Towards newer highs: The majority of new highs fail so why not profit into them because the stock liquidity is at its peak. 3. Counter pattern: Never hold a position if a stock is developing a strong pattern in the opposite direction. There are exception to this rule such as the stock price not violating the pullback criteria. If the stock flips from red to green, it's highly recommended that you take the lost to reduce any further damage. The goal of this strategy is to scale into your position using the three entry criteria described above. Scaling into your position reduces your risk because if the first entry fails to show continuation, your lost is only limited to that smaller position size. Upon each add, you are essentially adding to your position with confirmation of the price continuing in your direction. With the only exception of the third entry criteria which requires good psychology, practice and experience to master. The exits criteria are based on high probability locations where possible opportunities can occur to exit the trade. Study 1) AMD: First entry 2 ORB, Second entry Bull Flag. First profit take at whole number, Exit into newer highs. 5/29 Study 2) AMD (Failed ORB): Long 2 min ORB failure. Reversed Short 2 min ORB, Added on pullback, Added on flag. Exited into newer lows. 5/23 Study 3) AMD (Trading very fancy!): Added on pullback using multiple timeframes, Added on first flag failure, Added on second flag failure, Added on third flag from another timeframe. Exited into newer highs. 5/22 Study 4) AMD (Trading ABCD's with my eyes close, not recommended): 5/17 Picture 1: 2 minutes ORB using stop limit orders and price=HIGH hot key. Entered limit orders using fib retracement and support/resistance to guess the pullback before walking away. Picture 2: Violated profit taking opportunity 3 because I wasn't around to see it. Instead I entered limit orders to my profit targets before walking away again. It appears I also added near the whole number as a little revenge trade. Picture 3: Missed an add opportunity on a flag. Took profit half way up into new highs failure, and missing the profit opportunity on the way down on exit criteria 3 because I wasn't in the room. Returned a little after 10am to exit near the whole number. Picture 4: Final. Long channel trade between support and resistance. (Which is another strategy I use but I won't go into details in this discussion) From my experience, ABCD patterns have an extremely high probability of occurring in any stock. For example, AMD had ABCD patterns formed almost every single day last week. Conclusion: Please note, I don't recommend trading any stock with your eye close. Use precaution and common sense because day trading is extremely dangerous so manage your risk wisely. In fact, I trade AMD almost everyday, so I am very comfortable trading this stock. As a disclosure, I trade with my own money, and this strategy is not for everyone so your results will vary. This strategy was created after watching hours and hours of my live trading video journals and combining with other strategies. This strategy will not make you a Genius at day trading but it will increase your odds of becoming profitable and a consistently profitable trader.

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