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22.Aug.19 Green day. +4r. Decent Trading day. Watchlist: $TGT, $LB, $DKS, $JWN, $LOW. Trade1: $LB. Had gapped down on daily, also selling at the open. At the open, i took it short below VWAP, got stopped out. After the price bounced off 20MA took another short. Partialed at 2R, 3R. overall at daily target after this trade. My best trade of the day. Trade2: $DKS. $DKS had over 30% short float and also gapped up on the daily. Usually this tends to make the short sellers cover their position which results in lot of buying. But $DKS was still weak at the open, I hada bias that it would reverse. i took 2 long positions and covered after 2R. Price was choppy after that. I was at +5r for the daily. Should have stopped trading. Trade3: $JWN. Gapped up on the daily, very strong at the open. Noticed 3 shooting stars on 1min, aligning with a doji on 5min. Took it short and got 2R. On hindsight, I could have taken it long, where I exited (5min hammer at 9MA) as it was a beautiful trend trade all the way to 31.1(from 30.4). I was up 6R now and still trading. Trade 5: $TGT. Took it long on the Trend trade, was not optimistic about the move as $TGT was already extended. Got 2R/4R. but price moved another 50c (6Rs) beyond my exit. Trade 6: $LOW. I was short biased from yesterday. Once the price broke VWAP I took it short to the LOD. There were no tech support levels to the target. Unfortunately, didn't workout, as it was VWAP false breakout. Trade 7: $GPS. My worse trade of the day. There was no real setup. I just wanted to ride the price long towards 17.77 level. Got chopped up and had 1.5r loss. Should not have traded this. Good: Good trades and finished the day well overall. Improvement: I can't resist trading now. The moment I see a good setup I jump in. I need to find a way to cut down # of trades.

Hi folks, here is a copy of the playbook template I discussed in the Feb 14 recap. The file is obviously a sample meant for each individual trader to complete with their own strategies, patterns, and setups. https://drive.google.com/a/bearbulltraders.com/file/d/1bmu3XzT_KtzTfya2Fo7Uqc7DZG_N7q-B/view?usp=sharing Please download a local copy as .xlsx

Thursday August 22nd, 2019 Sleep: 8 hours. Mood: good, ready to trade. didn't get a chance to trade yesterday so i was ready to go this morning. took an ORBD in $LB. waited for a pullback and a new 2min low because i was cautious of the first 5min candle, those have reversed on me and stopped me out too many times so i waited for the new 2min low for confirmation. took off half when it couldn't make a new 2min low and the rest at breakeven. could have played it as a double bottom but i wasn't at my computer when it turned around. i was stopped out by the time i got back. GOOD: waited for confirmation RFI: shouldn't have left the computer MOOD: good CONSISTENT: yes What i did good today: took a good setup with confirmation What i did bad today: left my station and left money/potential reversal opportunity on the table What can i do better tomorrow: try to watch as much of the trade as possible

My style of trading doesn't use hard stops. If hard stops is your style, you can build them into your own hotkey scripts

Thursday 8/22/2019 I had a well-being score of 7/10 this morning. My nerves were good. I took 2 live trades with AAPL and TGT and 6 SIM trades. Feeling pretty bad about today’s session. But, as time passes I am thinking this may have been a really good learning session. So AAPL and TSLA were on my market open watchlist with MU, AMD and TGT on my 5min ORB watchlist. AAPL had an OK PM, TSLA had a lot of volume and gapped up but PM looked a little scary. AAPL setup nicely with a small hammer on lots of volume. I did have two major tech levels in front of it, so I waited for the price to breach one of them and went long. My target was the daily level at 214.14 and my stop was the LOTD. At least for AAPL, I like a major tech level in the way. It seems to pull the price to it. Yes it may find unsurmountable resistance at this level, but I am OK with taking a partial there and getting out at B/E. So I like that there is a tech level at 213.68. That level was suppose to be my 1st partial target, but since it took awhile for the price to start moving I was impatient and took the 1st partial early. Then my second partial was at the tech level. I took my third partial on a price spike. Then the momentum was lost and I exited near B/E. Too bad I took small partials. I was hoping it would run. Next trade was with TGT. I saw nice setup on my side chart. TGT was strong today but opened lower and then made a nice 2nd 1min candle hammer. I wanted to go long at 105 with the HOTD as my target and LOTD as my stop. R/R<2 but we have no substantial targets since price is at an all time high. I brought TGT to my main chart so I can take the trade. As I did it hit my entry point, but an instant before I took the trade I balked because the Y scale seemed a bit abnormal. So I stopped to recheck my stop and check if my share size was correct. My calculations were fine, but this took a couple of seconds. By that point my entrance was lost. But I don’t have a last instant check when I take a trade. If I see an entrance the share size calculation is almost instint (mostly due to my platform setup and not my mental capabilities) so there is no “are you sure” in my process flow. It was weird watching the price move but I couldn’t stop myself, the trade was already a GO. The moment I took the trade I knew it was a mistake, but it reversed instintly and price dropped so fast I was caught in the headlights. The stop was now twice as far, at least I moved the stop to VWAP so my loss was just over -1R on the trade. I then took 6 SIM trades. 5 losers and one small winner. That sure didn’t help my confidence. Though two of the losers, with a larger stop, would have been big winners Score Card (live trade) AAPL TGT 91% 75% What I did good today: Two things I learned today. After my AAPL trade my immediate instinct was that I was done for the day, switch to SIM. But, intellectually I was thinking that was a small win and I am allowed another trade. Plus, I am negative so far for the month which is highly unusual at this point in the month. For the last 9 months I am usually been positive at this point (to give it back the last week). So I really pushed myself to go against my instincts to take another trade. But, my intuition knew I was not going to trade well. And I didn’t. So it’s good that I am developing this inner voice and its getting louder. I just need to start listening to it. Second is I have an issue trading a second time on a stock I already made money. If I have a winning trade and then a losing trade on another stock it’s usually not too bad emotionally. But, if I give all my winnings back on the same stock it really hurts. Not sure why. But because of this I have really been missing out on some really good trades. Four times in 9 days AAPL set up REALLY well after my 1st trade was finished. I see it but I won’t trade it. All four times AAPL went for really good runs. If I caught just one of them I would be positive for the month. Vikram called me on this the other day and he is very much correct. What I am grateful from today? Actually happy with a -0.3R loss. It could have been worse after the TGT debacle. What do I need to improve on: Need to teach myself to take more than one trade on the same stock. Every trade should be its own emotional state, not based on a previous trade.

Vikram, 2.5R great job and welcome back! I tend to mute the chat at the Open as it’s more fomo than I can handle as a newbie so I never even heard about $CREE until now. Wonder why it wasn’t in Carlos’/Norm’s premarket show? What a drop at the Open! Great trade and add-in on trade #4. I’d love to see these trades when i’m still at my trading desk during trading hours so I can look at all the charts. Can you email them to me during trading hours so we can share thoughts?

21.Aug.19. (Didn't trade on 19, 20th Aug due to vacation.) Green day. +2.5r. Back from vacation today. Thought I'd just watch the action, but ended up taking some trades. Watchlist: $PDD, $TGT, $LOW and $CREE (copied from Andrew and Brian) Trade1: $CREE. Took reversal on $CREE after the price bottomed at Noon. Half share size, so added to the position post reversal confirmation. I change my Stop after the add and I got stopped out . Original stop would have kept me in the trade till VWAP. But that is my rule and I am just following my rules for now. Trades 2&3: $CREE. Another 2 longs but didn't like the price action yet. Was watching for setup. Trade 4: $CREE, Main trade, Observed that the stock was trending up. So took Long when 2min/5min hammer appeared. Stop was below 50MA on 2min (40c). Got 1R partial (40c). Now my stop moved to 20c (hammer candle). Got my next partial at VWAP (80c move). Average 2.5r. Trade 5: $UBER. Took Long after the 200MA bounce off 15min. Target was VWAP (4R for a 5c Risk). price moved 3R and dumped, got out at 1R move. Good: Good day after coming back from vacation. Was in control in all the trades. Improvement: Was planning to only watch today, made some good calls in $MU and $ROKU after the open. Couldn't resiste myself, so made some trades and they turned out ok.

August 21, 2019 - Nothing I had work today that prevented me from trading the open. I tried to take a trade on $ROKU in the afternoon but ran into some Ping Rate issues followed by internet connectivity issues, so I had to call it a day. The life of a trader on Wifi. Hopefully tomorrow afternoon will go better. Sample Set Results, S 2 3 P 5 6 P G 9 10 11 12 13 14 15 16 17 18 19 20

Unfortunately this feature isn't available yet, but DAS is working on it and they're usually fast with their updates! I expect it to be out pretty soon, but can't tell for sure because there was no official statement from their side. I guess we should just wait till they announce it!

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!

Same here, with my couple of weeks trading experience, today I lost $1200. Have habit of starting with big volume and kept adding as the price drop and ended up with that big loss. Lesson learned with big price pay:), during first 5 mins after opening, never expect to buy stock with bottom or lowest price when the stock is violently shooting up! which is what I did today and did not get filled on time. Should had let go! but I did not and resubmitted and ended up filled with bigger price:).

@Fernando Samora We've all been there! You are definitely not alone. I would suggest forgetting about that loss. The moment you start thinking about "making it back" is when emotions enter the equation again. Focus on trading small and trading well. Your recovery plan sounds like a good start. Also look into Risk Controls to prevent these types of days from occurring. Best of luck.

Keep your head up, Fernando. We've all been in that place at one point in our trading careers. You have the right thoughts moving forward. Reduce size and goals as you get a feel for trading live money.