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September 23, 2019 - $MU I had a good setup this morning for a 5 minute Orb, it just didn’t run after my entry. I exited solely because of something I saw in a recap video last week. The stock got to a point and although there were a lot of “ask” at a higher level, the T&S stalled out, so I decided to take a partial at that level. I was going to hold the rest to the profit target as I believe if it would have made a new high of the day than it would have continued up, but it could not break above the high of the day and eventually came back to my entry. Only bad thing about this trade was that the shares did not calculate correctly so I did not even have the correct number of shares on this trade. In the afternoon, I got a full shot of FOMO after missing an entry on $NVDA short. I hesitated on this one because I am just not all that confident right now on my entry point. Reminds me of when I first started trading. I refined the entry point a little more today, so I think I am going to reset my sample set 7 and test this entry point. I am only four trades into, so not that big of a deal to reset. Sample Set Results, P S S E P 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

9-23-19 Woke at 7:35 with 4 hours sleep. I do feel fine not too groggy. SSS and a coffee. PAT: Messed up on XLNX on Fri. with a ridiculous share size and not realizing the spread was so large...... I also took trades once I realized later in the day how bad I had messed up so I will no longer treat this as SIM.... I worked hard on my playbook and need to stick to it taking only B+ setups and better..... Notes: I installed a couple of Kyles Hot Keys (Hot Buttons for me) and will give them a try when I want full share size.... PreMarket Routine: Read a little in a technical book..... Did some stretching/exercise and just a bit of meditation..... MU first..... PB#2 full share size with Kyles hot button.... second ... PB#1...... 5min ORB with ABCD on 1min.... Full size with Hot Button...... hard stopped out....... third.... PB#1...... same trade except ABCD on 2min..... Hard stopped out..... fourth ..... PB#2 ...... VWAP false breakout.... tight stop and 1/2 share size without good confirmation..... stopped out below the 9ema ...... fifth.... PB#2 .... another attempt at VWAP false breakout with a little more confirmation..... looking at the 5min for the False Breakout.... stop at below VWAP 49.85 with Kyles Hot Button for full share size.... Target is HOD at 50.12.... took 25% off at HOD to reduce risk a bit (if I hit my stop without a partial I will be way above max loss for the day) and at my target.... All out at break of VWAP on all time frames...... Again I wish I would have taken my profits more when I was at 2.5Rs .... -48.40 ROKU first.... PB#1..... 5min ORB..... second..... PB#1.... 10min ORB...... booth of these trades I am setting my stops too close because of the aggressive price action.... I should stay away from ROKU from now on..... I just started trying it and now realize it is not for me.... -117.00 X PB#1.... 10min ORB with ABCD on 1 and 2min...... Used the Hot Button for full share size and hard stop.... I ended up micro managing the trade and deleted the stop and ended up getting out without a Reason2Exit which ultimatly cost me my day as it is now over 100.00 winner.... PB#3.... Trend... took this trade and the 2nd KMX trade below but had to leave and set orders for them... came back for a nice winner here and a tiny one on KMX.... Had to get out of these so I can get to work a little early today.... +98.84 KMX Both trend trades PB#3 one looser and one winner for a 0.37 winner LOL Cons: Took trades out of FOMO and less than B+ setups...... Micro managed a couple trades and ended up Red instead of a solid Green for the day...... Pros: Don't have a lot of good things for today..... Favorite Trade of the Day: None to speak of ... R = 50.00: -66.79 Notes: Will need to get back to my old tight self when I was taking more profits on the way up.... Use my stops as I am supposed to..... I do not have much time here for the daily Journal so it is cut a little short....

Golden words!

23Sep19 Greenday. +1.5r. I have been trying to be very patient now and trade only setups. I took only 2 trades today, both didn't give me huge moves, I got out for small profit. Watchlist: $X, $ROKU, $TEVA and $OSTK. Trade 1: $X. $X had gapped down at the open and selling before the open. I was expecting to catch the Rising devil, but the setup didn't occur, $X was very strong today. I waited. At 11AM, the price hit 50MA on 30min (also 200 on 5min), created a hammer. As I was already Short biased, took short. Took one partial, but the stock was strong so got out before my SL. 0.5r Trade 2: $BHGE. Another reversal setup. 5min cfreated a hammer at a daily level $24.3. Took it short once again, the price didn't drop as I expected, so got out for +1r profit. Good: I felt the market was difficult to trade today, took my first trade after 1.5hrs. Although both my trades didn't go my way, I read the price action and closed my position before SL, making small profit. Improvement: Happy with my trading (or lack of) today. I missed the ORB on $AMD, this is one of my setups.

23 September 2019 EXAS Trade 1 The first trade of the day was on EXAS. It was a harmonious chart play. On the first two minute it made a significant move up. I waited for a pullback to enter for a long position. It did pull back to VWAP and I hit my hotkey. My stoploss was below the three moving averages. Unfortunately it didn’t work out. CHWY This was my V shape opening range breakout pattern. It was forming a V shape on the 1 minute chart and it engulfed on the 5 minute. My entry was a little bit late. It should have been right when it broke the 5 minute body and the break of VWAP. My stoploss was below the moving averages. Partialed out some at 1:1R and got the rest out below VWAP. ROKU This was a bad version of a ascending wedge. There was no clear triangle forming on the minute. It made 3 touches to the top which made me long biased. There was also a moving average coming up on the chart. I should have exited this trade earlier, when it made a new 5 minute low. Not really happy with this trade EXAS Trade 2 I made another trade on EXAS. This setup was a ascending wedge. It was on a uptrend on all the time frames. It was flattening out at VWAP and once it broke that level I went long. Put my stoploss for the break of the triangle. NFLX This was the trade of the day. Bearish Harmonious chart was forming on all the time frames. I got in at the break of the flat bottom of the wedge. About 10 minutes later I saw it was forming another descending wedge and added to my position. I started partialing along the way down on levels of whole dollars and daily levels. This trade brought me back into the green for the day. I had a realized 4R on this trade. Ended the day around +1R.

Monday 9/23/2019 I had a well-being score of 7/10 this morning. I took 2 live trades this morning, with AAPL and BABA. I have no directional bias on BABA but thought it may move today, based on how it broke out a little on the daily then retraced back. I had a small long bias on AAPL, from its 50 cent climb in the last minute of PM. AAPL made a small hammer on OK volume. From the moment I clicked buy until the order was filled the price jumped 20 cents. My target was the 200MA-5min and my stop was the previous HOPM. So that bad fill made my R/R~2 reduced to 1.2. Sadly it took me 5 minutes to finally want to take the right action and reduce my risk. And then I missed my chance. So sadly I made my big trade management mistake and held on to a bad fill trade again. But I do give myself a little slack here because I did take two trades at once. And for the first time had to manage two trades where one was long and one was short. Which I found a bit demanding. So I did take a partial profit, but I should have taken 1/3 shares off at least to place my risk back to -1R. Or just completely exit the trade for a profit. But, instead I only sold 1/8 of my shares. After 5 minutes I finally came to my senses and wanted to take a large partial. I was planning to take off half my shares when it hit 219.30 level again. The problem is when it did my cursor (I use a mouse not hotkeys) was 2 screens away on the cover all button because I was about to be stopped out on my other trade. So I missed my chance and 2 minutes later got stopped out at my originally planned stop for an estimated -1.3R. I don’t look at my P/L anymore so it’s just an estimate. I had so many chances to get out with small profit or B/E after the bad fill. I need to break whatever belief I have that I need to stay in the trade and try to be right. I rather just make money. I also took a live trade with BABA. 2.5 minutes after I entered (and was still actively in) the AAPL trade, BABA was setting up nicely as a short. It was weak and gave 3 strong red candles. Then pulled back to the 180.45 level and found resistance. I shorted on the bounce from that level. I expected there would be a bad fill and entered with less shares. Instead I got a good fill and now felt FOMO for having too few shares. This brings out another trade management issue I have. You must manage the trade based on the trade’s very individual risk. Which on this trade was 30-35 cents. Instead I tend to manage the trade based on my fixed risk, which was 50 cents (based on the shares taken). This caused me to mismanage the trade. So I entered the trade with 178.80 level as my target and the 180.45 as my stop. I took 3 very small partial profits on the way to 2R where I would take a large partial. But here in lies the problem. How am I defining 2R? Trade specifically I have already reached about 2.7R and should take a large partial profit. But instead I am thinking my fixed R=$30 dollars which translate to 50 cent risk for this trade and thus I am only at about 1.8R. So I was waiting for a slightly lower price to take my large partial profit. That price didn’t occur until almost 20 minutes later. Instead the price retraced. Did I take another partial, reducing my risk, so I could stay in the trade longer? No I just instinctively got all out when it made a new 1min high. I took a few SIM trades and was flat on SIM trades for the day. So again today was like the rest of the month. I have been taking good setups but mismanaging my trades and still not profitable. If wise, on the AAPL trade, I should have gotten all out at my first partial, after my bad fill, and walked away with a +0.7R. Or at least exited the trade immediately after the bad fill for no loss. Instead I stayed in for a -1.3R loss. Then on BABA I should think of the risk as a vey individual, trade dependent quantity. And took a heavy partial at 2R. Instead of waiting for the inflated 2R based on fixed risk. Thus turned a good +1.5R trade into an OK +0.8R. With only mildly adequate trade management skills this should have been a solid profitable day. Instead I have about a -0.5R day. Score card (live trades). AAPL BABA 84% 92% What I did good today: Though not well, I was able to handle taking two trades at once, at the open. One long and one short. That was a bit demanding. What I am grateful from today? That I am learning from my trades. These trade management rules will take many trades to learn from. But I am learning. What do I need to improve on: Must make reducing my risk more automatic reflex. Either a bad fill, trade not going well, or nearing B/E but want to stay in the trade longer, I should just take a few shares off. Look at each trade’s risk independently.

23 Sep 2019 I took 2 trades today on the same stock, ROKU. Both are not fantastic. 1) FOMO and went short but with a very lousy entry but managed to get some profit. Pure luck and no trading strategy. 2) Saw harmonious chart and candle sitting on all MAs. I took long but I got out as when the next candle start to retrace on 1 min chart. In red today and decide to stop trading for today. Peace.

Who wants to volunteer to lead an offical BBT meetup in Vancouver in December. You will be responsible for leading the forum post, picking the date, time and venue. I will help along the way and coordinate with Andrews schedule. Who wants to to take this up?

Congrats!

$CNQ - Canadian Energy name, nice bull flag, looking for continuation up..., check volume, respect stops - resistance at $27.88. formed nice support at base of breakout candle, has potential. A break below could lead to 200MA and Gap fill in the short term.

I Swing ideas for next week At strong support 21.90 area, looking for breakdown below blue trendline, targeting 200MA on Daily or bounce off and some recovery to the upside. For upside, stop would be below blue trendline closing hourly basis.