This is so true Mark, instead of beating ourselves up we need to look at it as opportunities to improve and learn from them. Daily Trading Coach is an amazing book must read for anyone that has not yet.

1. Do you have a trade log? 2. Do you have a plan for Day 1 when the market opens? a. Time you will trade b. strategies you will pursue

@Glenn Buddeyes, please add guests and thank you @JD for the updates! @Steph Amazing reminder! Please stay as safe as possible Floridans!

Mark I read and analyze you journal every day. It was quite easy to see you trading has improved greatly this month. It was like you added more dials to turn to your systems. The red P/L is just the time it takes to learn which knob to turn and how far.

thanks Glenn, you too. i used to be harder on myself too but i learned from the daily trading coach that it's more detrimental to your performance to be negative in your writings. I try to keep my journal tones the same as i would giving advice to a friend, though easier said than done.

August Recap Hope everyone has a great holiday weekend. i've used this long weekend to do some extended research on my trades for the month and see where i can improve. I started a new spreadsheet that shows trade outcomes in my own words to try and better grasp areas where i can improve my trading. this is still a work in progress but here's how it looks for August: As i've been discussing this week, i'm picking stops that are too far to make my profit targets. So one of my major focuses for next month is to take smaller risk but still have the risk level be a resistance point. My "original target hit before stop" needs to be double what it was in August in order to be profitable. i'm comfortable with my low win rate to get 3R winners but i'm not comfortable with having unrealistic profit targets. Another issue i've noticed is my lower than average win rate between 9:30 and 9:45. the average up-draw is only 1% which means these trades are never going in my favor. i would be better to do the exact opposite of what i'm currently doing during that time frame. i'm a little torn on what to do about this because i know that's a crucial time for big moves but it's obvious i'm not good at trading this fast market action. My options are to not trade then at all or trade sim during that time. i think i'm going to avoid trading then next month all together because i don't know how to quickly switch my hot keys between sim and real and i don't want to accidentally get in to a sim trade when i want to be in a real one later in the day. i will also look in to seeing how to quickly switch hotkeys from sim to real so i can sim trade 9:30-9:45 then real trade 9:45+ There's another area i can improve that i have been doing better at and that's trade management. it's tough to know when to get out of a trade and when to stick with it so i'm using two objective markers to get out of my trades. the first is a 5min shooting star/hammer after a new high or low of the day and the 2min engulfing after breaking the high or low of the day which usually results in a 5min shooting star. if i'm in a trade and i see either of those two, my plan is to get out at the best price but before my stop. otherwise i hold the trade. psychologically, i'm feeling the best i've ever felt about my trading. i've graduated from bleeding money to pretty much break even. i used to have days or weeks with just fear that i was going to lose all my money and now i don't feel that way at all. i'm gaining confidence in my setups and more importantly, my trade management. i can see signals once i'm in the trade that tell me it's not working so i can limit my losses instead of seeing them and just ignoring them and hoping i don't get stopped out. Acting on these signals to exit a trade makes me feel in control and less stressed because i have a plan and i know what to do. so if i'm confident in my setups and i'm confident in myself to exit the trade on specific signals, there's nothing to fear while trading.

Hey guys and gals, fellow Floridans, everyone please take precautions. No matter where you are. We all know how unpredictable these storms are and it Dorian has potential to get nasty. Be prepared. Just in case

Hey BBT! Sorry this was longer than expected.... I posted a couple recap videos under Justin S. It was so much fun trading live, but I’m going back to paper trading. I lost 500k on AMD today. Haha just kidding 😂😂😂. The truth is I’m just not profitable enough. I’m doing something wrong. I’m working on it. Need to get better at getting into the right trades. Let me say though, I managed my risk like a rockstar and never went over my max loss on a trade or on the day. That is a skill I must pat myself on the back for. There are many areas a day trader must work on, so identify your weakness’ to improve, but also recognize what you are doing good at. My small losses were adding up and I don’t want to dig myself too deep so I’m taking a step back to re evaluate. Sometimes it feels like going in circles, getting frustrated, but if you look back from where you first started we all have come a long way. Just a year ago I didint know what a candlestick even was 😂👍🤟! I am a stay at home dad and was hoping to be profitable sooner, but I will paper trade until I start growing consistently. There is no rush because It’s very important that I protect my trading capital and am holding it in Wealthfront account to slowly grow while I figure out how to be successful at trading. While trading live I focused on ABCD pattern. Some small wins and losses. I did have one perfect trade on MU that went right to my target. It was the perfect trade. I just was not finding that successful trade enough. Many pullbacks pushed up only a little just to reverse and not make a new high. I’m doing a lot of experimentation to do what makes sense for me. I’m even trying to trade without moving averages and vwap just so I can focus on the price and the levels it’s supporting at. Is that crazy? Maybe. I think these are things many traders go through to find there niche. I’m just happy that Andrew offers a lifetime membership so I can afford to stay with the community through the ups and downs. This is rare. Lots of people only offer monthly subscriptions. Andrew is a true stand up guy for what he does for his students and I really appreciate it. I knew I’d be in this for the long run so how ever many years it takes it’s good to know I have this community. Everybody’s recaps and struggles remind me to keep pushing forward. Even Andrew had to go back to paper trading at one time. Crazy! I hope one day I can post more recap videos, be consistently profitable, help other traders and go to a meetup to meet the BBT.

Nice some really good ones here already. The one I received was "Trade Small" which was already mentioned. There are so many great ones out there. Respect stops should be every trader's number 1.

This is a fantastic idea @KurtLoeblich First of all, I highly recommend people visiting this YouTube channel and watching the videos especially highlighting Joe Rogan, Elon Musk, Bill Burr (His is more funny, but still interesting), Jocko Willink and Sadhguru. It is the same idea, "The Best Advice I've Ever Heard" For me, I think it is "Respect Your Stops" Simple but definitely OP.

Always follow you risk / reward plan

Trade small till to survive the learning curve was the best advice I've ever got 😄 There are a lot of other usefull advices, but let's see what other members come up with!!

Some more icons created, included in the pack here: https://drive.google.com/open?id=1zoTI4RAYK0GRGmkVt-NQA3V9czg-UKHV

I have been there. Some more advice. Put in a plan. Start with simm but have a plan to go live let’s say in 6 months. Start small - 50, 100 shares. The main thing is psychology. Are you overtrading, revenge trading, fomo? Uploading your trades to a platform like tradervu is priceless. Review and find errors. Work on one fix at a time. Is it entries?, honoring stops?, scaled exits? One thing you master in simm at a time. Figure out what setups are working and which ones are not start taking your a setups and go bigger in size eventually. Figure out what time of day, what type of stock. Essentially where your edge is . Finally don’t set a time limit or $$$ target. Give yourself time. It took me a year before I even reached some semblance of consistency and I am still working at it. Y a year I mean one strategy like Andrews trades not jumping around crypto, forex futures etc. finally have fun. You have to love this whole Thing, else it won’t click.

Hi Mahmoud: Be on chatroom every day, watch Andrews / Mods trades. Get familiar with the platform. Watch classes 1-5 Watch all free and premium resources Watch all Lifetime Members Webinars (You´ll find all these resources in the Education Center) Set up your DAS Trader Pro Test your setup / fine tune your setup Define your trading plan Start simulation trading, keep journals of your sim trades, review your tardes. Attend all live classes, ask questions For a more detailed learning plan, read this DAS Simulator 12 week program.

Hello everyone, First of all I am delighted to join the community. French, born in 1981, happy in marriage and happy father of a son born in 2015 and a little princess just born in July 2018. My goal is quite simple: to get out of my job full time. Engineer in civil engineering I manage daily complex construction projects. It is interesting but I do not wish to make a career in this environment. I trained in swing trading for a year, without losing or winning fainal. As the markets are more and more unstable I prefer to evolve towards intraday trading. The US market opens at 3:30 pm in France in full working day and in the evening I have my family life. I have my Tuesday afternoon to trade quietly from home, the rest of the week I trade from a small laptop as soon as possible connected to the internet of my mobile phone. The challenge is very difficult. But I'm a fan of this quote: "They did not know it was impossible so they did it". I take all your advice and I wish you a very green success!

Here's a screenshot of how I do it. You'll notice I have the button mapped to: CTRL+ALT+PgDown (ignore the title of F1, I never changed it). In the Settings > Profiles > I have a "Day Trading" profile configured and Application set to "None." Also note that DAS doesn't appear to support certain key presses (F13 to F24). I also uploaded my DayTrading profile here if you want to see it: https://mega.nz/#!Wgl2mA6a!l8cCkSJnh1c7eD6bK6VM2yE5U_DgfAd-9uAs8qEuGvw You'd have to unzip the profile and import it.

Hi All, my name is Carlos M. I am 32 and live in Northern Jersey, few minutes from the NYC. After 12 years of working as a Senior Operations Manager, I was laid off this past December. My company purchased GE Appliances and moved to their headquarters in Louisville, Kentucky. I thought I would be more upset about the layoff but I had 12 amazing years, and I was ready to move on and try something new. The company gave us almost a year and a half notice, that was more than enough time to prepare. (Plus a nice $$$ for years of service and sticking around until the end :) ) As my work started to transition to the new company, I found myself having a lot of free time during the day. I always had an interest in trading stocks and this was the perfect time to start practicing and getting ready. I did another online course and trading that did not work out (that’s a story for another time), and then I found Andrew’s Book and Chatroom community. Signed up for the Platinum package, I did the simulator for about 4 months and when live this month (January 2018). Looking forward to possibly meeting up in the near future with others traders and continuing being part of this amazing trading community. Carlos M.