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Oct 3, 2019. $CLF I have had some trouble sleeping over the last few days. So I have chosen to really take it easy this week. I am hoping tonight I will be able to sleep through the night. The gappers this morning was rough for me as everything was high priced or low priced. Nothing really within my pre-market scan. I decided to go with $BBBY, $TSG, and $CLF. I ended up trading $CLF due to the economic news and the price action just did not seem like it could push higher. It was really no strategy at all just watching the price action. Overall it was a terrible trade that worked out for a small partial. Looking back it was like a combination of strategies (15 min Orb, and MA-X). Learning. If I don’t get at least 7 hours straight of sleep tonight, I will be in Sim tomorrow. Sample Set Results, S P G E E P P 8 9 10 11 12 13 14 15 16 17 18 19 20

Friday 10/04/2019 I had a well-being score of 6.5/10 this morning. I am limited to 1 live trade a day due to 3 big loss days in a row, broke a rule and a general lack of discipline. My 1 live trade this morning was with MU. AAPL was definitely in play. MU PM looked a little better than BABA so MU was my second focus. I also liked AVYA and placed it on a side chart. Both AAPL and MU opened weak. According to back test data APPL does not trade well from a standard 1min ORB. You need a hammer (or reverse) or a pull back. AAPL did not give those signals so I didn’t trade it. Though today a standard 1min ORB would have done very well. So I took a standard 1min ORBD with MU. Though my mouse curser was 2 screens away from the montage. So by the time I was able to click the short key I lost about 5 cents. But I saw this and took small share size to compensate. My target was the 43.36 daily level and VWAP as my stop. This was a green to red play, but PDC was coupled with the 200MA and a tech level. The price tried to break these levels twice and failed and I was stopped out for -0.7R. I quickly switched to SIM and shorted MU when it made another go at PDC. It broke through this time and I set a limit order at the target of 43.36. My stop was really tight using the 43.54 daily level. Setting limit orders on my SIM trades this week has gone well and has helped my patience. My order was filled and I took another partial, then exited when it was threatening PDC again. At the same time I took a SIM trade with BABA. It was essentially an early 5min ORB and I got a bad fill. But the trade went in my favor quickly and I sold half my shares to reduce the risk. Then quickly sold the rest when the price stalled. I went short again 30 seconds later with a better entry and again I set a limit order at my target and waited for it to be filled. Its funny how good BABA has traded the last two days, since it was the only two days in weeks I was not looking at it at the open. Score card (live trades). MU 87% What I did good today: Traded something new. Kept to my 1 trade restriction. What I am grateful from today? Did well on SIM trades again today (+3.7R) What do I need to improve on: Will try limit orders next week on live trades.

03Oct19 Red day. -3r. Watchlist: $BBBY, $PEP, $TSLA, $GPRO. My watchlist except for $PEP had gapped down, but also had high short interest. So was not sure what they would do at the open. Had $PEP and $BABA at the open. Trades 1,2,3: $BABA. I liked the small hammer and a strong 1min candle on $BABA, I took long at the breakout got stopped out below VWAP. Stock was strong enough it couldn't go back to touch 200MA and pulled back above VWAP with a hammer. I took long again, confident about the setup now, $SPY dumped on a news and I got stopped out. Later tried to scalp the SPY dump, but got out as it was too slow. Trade 4: $SNAP. My one good trade. Took ORBD after the PBBE/3C setup. Slippage was bad and got a bad fill, which means, higher stop. Thought about adding to my position at VWAP, but stock was still consolidating below VWAP. It was about to breakdown and then SPY dumped and helped. I stayed in the trade for 40mins without any partial, first time for me at the Open. Trade 4: $TSG. Another ORBD trade, After a red engulfing candle and below VWAP. Stock moved in my direction a bit then squeezed me out. Trade 5:$PEP. $PEP was choppy in the morning, but after an hour took direction to HOD. I took a reversal, but stock was strong, so flipped my position Partial at HOD and another daily level above it. This was also my One good trade. More importantly, I noticed the 2 hammers on 30mins, and took a Long. to partial at HOD. Trade 6: $SCHW. After the SPY dump in the morning all the stocks were pulling back to their positions. $SCHW was strong and created a double bottom reversal. I took Long above VWAP. I was thinking about false breakout, and still added to my position, Got stopped out. I should not have added. Good: 2 very good Trades on $SNAP and $PEP. Improvement: Looking to trade off higher timeframe 30/60 min in the afternoon. Took some trades in SIM that are coming out nicely recently that also fits my availability to trade.

3/10/19 another frustrating day today but feeling okay about it. 2 losers (ORB, wedge breakup and VWAP hold) Trade 1: stock seemed really strong, waited for a big low volume pullback but stopped out. Trade 2: so i saw a rough ascending triangle so went long close to the support line with stop below the previous low. i added above VWAP once it held, i was feeling confident about this but i had to leave to buy some tickets so i set my stop at my average entry price, and stopped out by 3 pennies but if i gave myself a 1 R buffer it wouldve worked out, its currently at 4Rs at the time of writing, but if i was watching it i wouldnt have stopped out at b/e so not too annoyed about it.

Thursday 10/03/2019 I had a well-being score of 6/10 this morning. I am limited to 1 live trade a day due to 3 big loss days in a row, broke a rule and a general lack of discipline. My 1 live trade this morning was with TSLA. Since I am restricted to one trade I was hoping to trade something different. Though I was hoping to trade something new, AAPL still looked good in the PM so was one of my top 2 focuses. TSLA was definitely in play. I liked GPRO but Centerpoint did not have shares to short. BBBY looked good so I kept an eye on it on a side chart. TSLA opened weak and I was watching for a pull back to VWAP. I missed it since I was looking at AAPL and BBBY at the same time since they looked about to setup as well. So I shorted TSLA on a standard 1min ORBD with the break of the candle body. My target was quite far away at the 227.89 level that is not even on the chart below. And my stop was VWAP. Not that pretty of a setup but a huge R/R so it was worth a try. I went half shares knowing TSLA can smash right through your stop and give you a -2R. Just as I entered the trade with TSLA both AAPL and BBBY both setup. But I have a one trade limit so I just had to watch them. The price quickly retraced and I was stopped out with a huge, but expected, slide. Since I went half shares I only lost -.8R. Though my target was far away, the price did drop and reach my target 20 minutes later, showing it was a good calculated risk. I quickly switched to SIM since I wanted to catch TSLA if it setup again. But instead I saw a setup on BBBY. BBBY open strong and created a mini ABCD inside the 5min candle. Essentially this was a 5min ORB that I took a little early because I thought it may pop if it goes red to green. My target was 10.24 level with 200MA-5min as my tight stop. I tried something new. I am really focusing on taking partial profits better. So I pressed a newly created button which sent a limit order at 2R to sell 50% of my shares. Since 2R is right at a level it was a really strong spot to aim for. Then I sat on my hands. I would have likely taken 4 partials on the way to my target, but with the order already in (and in SIM) I was able to wait and get my order filled. Shortly after I saw something scary in the T/S, though I do not have a recording of it so I can’t go back and check what it was. But it was enough I got all out. The price dropped then the signal disappeared and I got back in at a lower price with a slightly higher target and PDC as my stop. I waited patiently and took two heavy partials then all out at B/E. Another button I set up to place a stop at B/E. I have been getting out to early. A nice +4R winner. Besides traded something new, using some new hotkeys, I also decided yesterday to look at my P/L every day (after trading was finished). The month without it helped me get my mind a little more focused on the training not trading aspect. But, it is also counter productive. I still need to know my P/L to help evaluate my trades. And I was instinctively estimating my P/L anyway which takes longer and is a waste of time. Score card (live trades). Using the new scoring: Original New Setup 50% 25% Entry 20% 15% Partials/Exit 20% 50% Share Size 10% 10% Total 100% 100% TSLA 89% What I did good today: Traded something new. Kept to my 1 trade restriction. What I am grateful from today? I really like the 2R limit order button. What do I need to improve on: Keep trading different stocks in play. Maybe wait for the break of the wick on 1min ORBs if the end of the wick is close.

I'd love to see how other traders have their monitors set up. How many? What's on them? Do they change charts as the day moves on?

Tape Reading and how to use it for trading..

TAPE READING!