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Showing content with the highest reputation on 10/15/2019 in all areas

  1. 2 points
    10-15-19 Up at 7:40 with 4 hours sleep.... SSS and a coffee..... PAT: Share Size.... Notes: A+ setups take at full share size with Kyles hot keys..... A setups about 3/4.... B+ at 1/2 and all others should be in a SIM...... ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PINS PB#1.1 ... A setup... took about 3/4 size..... 1min ORB on a pullback and momentum to break the PML ..... Took 50% off at at 2.5/1 and out at BE.... +22.50 PINS PB#3... A setup.... took 3/4 size in three steps keeping my risk down..... my original target was LOD so I took 50% off there and then I had my sites set for 24.00, I hit my hard stop of BE.... +82.00 APHA PB#3... A+ setup... full share size.... Trending the 9ema on the 5min with an ABCD on 2min, Strong catalyst.... took 25% off at 2/1...... and hit hard stop at BE... +28.13 CGC... A setup... 3/4 size.... trending the 9ema on the 2min but a bit extended from the 9ema on the 5min with confirmation of the ABCD on the 2min, strong catalyst..... took 25% off at 1/1.... and hit Hard stop at BE.... +18.88 Cons: I feel like I should have partialed a bit more aggressively locking in profits..... Pros: Found my setups and feel like my Size compared to entries were good..... Favorite Trade: PINS PB#3 Notes: I feel like I should have partialed a bit more aggressively locking in profits..... I was trying to be more aggressive with a longer profit but should have used my targets as an all out or at least took 80 or 90%.... R = 50.00: +151.51 / 151.51
  2. 1 point
    Tuesday 10/15/2019 I had a well-being score of 6.5/10 this morning. A bit of an emotional rollercoaster today. But I feel better now. I learned a lot today. Plus, I just donated my car to charity this morning and I am getting some good vibes from that. Took 2 live trades this morning was with NVDA and JPM. I really liked both the daily and PM on both stocks. Really liked the gap between tech levels that both were sitting on. NVDA immediately had volume and found support on the 189.60 level and made a small hammer. I went long with the 192.77 daily level as my target and the 189.60 level as my stop. The R/R is too big ~7. I usually don’t do that well with that large of a R/R. But there was the HOPM 1.5R away for a good first partial. The price popped up but missed my 1.5R limit order by a few cents. Then the price retraced. By my current rule if the price moved 1R and retraces I get out at B/E. So I placed my stop order at B/E. The price came down to stop me out by 2 cents. Then the price immediately reversed and went on a 10R run in the next 7 minutes without me. My attention briefly moved to JPM where it was setting up for a 2min ORB. Then I moved back when I thought I hadn’t canceled the 1.5R limit order on NVDA. But I didn’t see anything in my order window so my attention swung back to JPM for a few seconds. But then I thought, “No I really have no memory of cancelling the order.” I looked back and the price reversed so quickly it took out my limit order and now I am shorting NVDA which is flying higher. I covered quickly for a -1.5R loss. You will also see a third trade on the chart, but it was a SIM trade (+2R). So when my attention finally went back onto JPM I missed the 2min ORB entry. But T/S were flying and I thought entering at the break of the LOTD is not bad either. The R/R is now less than 2, but the volume at that moment was great so I went short. My target was the 118 tech level with VWAP as my stop. I set my 1.5R limit order which was just above the 118 level, which was perfect. The price bounced hard at the 200MA, where I should have probably taken a partial, but I was not ready and it bounced fast. Since the move was greater than 1R I set my B/E stop. I was then stopped out by few cents. Then the price reversed and made it to my target. So two good trades both ruined by my B/E stop rule. According to the data I have collected for the last few months, stocks usually do reverse on me if they retrace after a 1R move. So I will keep that. But I need to give it more room than B/E. I tend to enter as the price breaks an important level. It is my style of trading. Which means there is a good chance the price will find support/resistance on the level I chose to enter the trade. So it is not a coincidence I keep getting stopped out within a few cents. My B/E stop hot key uses the AvgCost +/-2 cents. I added the two cents to help with the fill slide. But that makes the situation worse. So I rewrote the script and added the opposite. So a B/E sell will be 2 cents below AvgCost and 2 cents above for a B/E cover. If I had this today, both trades would have been winners. So you are probably wondering why I don’t use a range order for the 1.5R limit order with the B/E. I don’t want to activate the B/E stop until I see 1R or a bounce form a tech level. Essentially I need it discretionary. I also need the 1.5R limit order activated quickly or I will immediately start taking partials. I usually can’t help myself and take one as early as 0.5R. Once I see the 1.5R limit order I can sit on my hands better. Though not a permanent solution I am learning to be patient. Score cards (live trades). NVDA JPM 93% 85% What I did good today: I did spot and enter two good setups. What I am grateful from today? Emotionally recovered from missing a 10R run, by S/O too early. What do I need to improve on: Rewrite B/E scripts. Careful to cancel out of unused limit orders.
  3. 1 point
    14.Oct.19 Greenday. +2r. Watchlist: $PE, $CRWD, $YNDX, $FAST Trade 1: $PE. Took Rising devil setup on this. Stock had gapped down due to acquistion news. I took short just above VWAP, 2 portions. One got stopped out above 50MA, other one was above 200MA, that survived the stopout. Partialed at daily levels and got 2r/3r on this. Added after the stock pulled to VWAP, but it was forming Double bottom with big volume. So got out on the next candle. This is similar to my $YNDX trade from Friday. I held longer this time and got out only after the confirmation. my best trade of the day. Trade 2: $PE. After the ORB trades, I waited for the price to breakout VWAP and took long. L2 had a Seller trying to push the price down, but still stock was strong to go back to 200MA on 1min. I got out last part, after the stock got weaker. Trade 3: $OXY. This is from the reversal scanner, after noting double bottom, I took it long got out at VWAP. Then the stock broke out VWAP came back and bounced off VWAP, this is a new setup, so went long again, got out at daily levels. Trade 4: $OXY. Noted 2 shooting stars on 30min. Took short, but got stopped out. Stock went back to 20MA before reversing to VWAP again. Trade 5: $ROKU. Roku bounced off 200MA on 15min, such a strong support. Took it long for reversal, but got stopped out. Good: I improved from my $YNDX trading from friday to $PE trade today, both Rising devil setups. This is a common setup for me, Rising devil followed by VWAP pullback short. If I get all out due to Double bottom, then there is an opportunity to go long till VWAP or HOD. atleast 3-4 setups available continously. I made a conscious decision not to include $SES in my watchlist today (~1Mn shares flt). Although it created such a ruckus in the room today, I am glad I wasn't even tempted to look at it. These kind of lowfloats don't deserve my watchlist. Improvement: Bounce off MA is not working out recently, may be due to the market conditions. Need to reevaluate if I am going to take this again, may be on certain conditions (for e.g 9/20 already crossed on 1min) Made an error on hotkey again. instead of covering I pressed short. I should have stopped after my 3rd losing trade of the day.
  4. 1 point
    October 14, 2019 - A very slow day without a lot of good setups. I sat on the sidelines in the morning as I didn’t get any good setups from $FAST, $YNDX, or $FCX. I came back for the afternoon session and it was terrible. I could almost look at some stocks and see the computers trading them. I choose to just sit back, watch the charts and look at volume compared to the price action. I really wanted to get a trade in today, but was not willing to take a bad trade. Looking forward to tomorrow. Sample Set Results, S P G E E P P P P G G 12 13 14 15 16 17 18 19 20
  5. 1 point
    Monday 10/14/2019 I had a well-being score of 6.5/10 this morning. I moved my fixed R to $10/trade while I figure out the sweet spot. High enough to feel the uncomfortableness of live trading, but low enough I will trade smartly. Took 2 live trades this morning was with YNDX and FAST. Backtesting showed AAPL and BABA are no longer in play at the open. Sadly there was enough data by last Wednesday to show this. I will backtest charts daily from now on and use the last 5 days (moving average) to determine the plan going forward. This would have save me two days of double stop outs. But, AAPL has made really nice 15min ORBs all last week and BABA still in play at the 5min mark. So Both stocks are off limits at the open. I can look at BABA at the 4min mark and AAPL just before the 15min mark. YNDX and FAST were on my opening watch list, with MU and BABA on my 5 min watch list. AAPL was on my 15min watchlist. My attention was entirely on YNDX at the open. I like it was the only stock I saw gapping up and it was gapping up more, with volume, right before the open. I already planned if it broke the 31.05 level with volume to go long. Which it did 2 seconds after the open. I usually wait a few seconds for the price fluctuations to settle down, but the L2 looked positive so I went long immediately. The priced spiked during my fill and I immediately lost 20 cents on the fill. For a $30 stock, it is pretty much game over. But since I was so close to the open I did go half share size. So my risk was still just above 1R and my R/R still OK. Too bad the price retraced back and I could have gotten a better entry a few seconds later. Live and learn. So I was long YNDX a few seconds after the open with HOPM as my target and the daily level of 31.05 as my stop. Due to my bad fill it didn’t feel promising to take my first partial at 1.5R and instead I took 25% at 1R. The price than retraced and I was all out at B/E. FAST actually setup while I was trading YNDX. Though I will take two trades at once with stocks I know well, I wouldn’t dare with these. After my YNDX trade was over, I did miss a move with FAST, but there was still a lot I liked about it for a 2min ORB. The candles were creating a mini ABCD and even though the stop would have to be far away, the 200MA-1min was right above my 1.5R and the PDC at 3R. So I was long with PDC as my target and VWAP-1min as my stop. The price advanced quickly and I took a 25% partial at 35.85 which was a really strong level, since there was a daily level, HOTD and the 50MA-5min. Then the price moved higher and bounced really hard off the 35.93 daily level. So hard I took another 25% partial because I just lost faith in the trade. Then all out at B/E. Then I did well in SIM. I took a 5min ORB on BABA which made it to 1.5R partial than out at B/E. I also took a SIM trade with AAPL for a 15min ORB which really ran. Score cards (live trades). YNDX FAST 86% 95% What I did good today: I like how I managed the FAST trade. What I am grateful from today? +0.6R is not that much of a day, but it was a lot of fun trading new stocks. What do I need to improve on: I will move my backtesting from weekly to daily. I just have to be careful not to make decisions on one point of data. Need 5 min. So I have to use the backtest data as a moving average.
  6. 1 point
    10-14-19 Up at 0740 with a little over 4 hours sleep. Fell ok..... SSS and a coffee.... read a bit in the Playbook.... PAT: Share Size Notes: Pre 5min setups must be A+ for "Live" trade..... Any PB#1 ORB setups must be A or A+ for a "Live" trade..... Keep working on proper trade management.... Will cut out for a bit to go get my Live account ready to go..... SES Took a couple scalps on this Low Float just trying things out.... I missed one good move that I wanted to trade so I went ahead and took these for practice in SIM of SIM.... one win and one loss +26.75 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FAST PB#1.1 (A+ setup) ... 2nd day play Strong stock that gaped down looking for a long position.... Took a small share size on purpose as these are still a little foreign to me.... The 1minORB broke VWAP and with nice ASKs on LVL2 and Tape prices going up, decided to add here then some quick scalp partials and all out at BE.... +21.50 FAST PB#1 (A setup) the 5min ORB candle was a bit extended for me keeping this from an A+ setup, confirmation on the 1min ABCD.....I kept the share size a little bit small even after the add ons as I did not feel this was an A+ setup..... I added in at a very bad spot and got filled even worse... I do like the second add... I partialed out a bit too much so I added in the amount I did not want partialed ..... all out on a new 5min low.... +29.00 Trades 3 and 4 were PB#3 which I would grade both at B+ or A..... I took full share size on these which in hind site maybe I should have stayed small here also... One I got stopped out on and the other I partialed and all out on BE.... -32.40 AMD PB#3 (A+ setup).... trending the 9ema on the 2 and 5min breaking the 200ma on the 5 and 15min, looking for the 50ma on the Daily.... I partilaed on the way up leaving myself with a little just incase it breaks out over the 50ma on the Daily.... stopped out on three consecutive 5min lows and below the 9ema on the 5min.... +86.70 Cons: Just work on Share size a bit more Pros: Found good setups in this choppy market today.... Stuck to my rules and felt good ..... Favorite Trade: AMD PB#3 Notes: Work more on share size R = 50.00: +131.55 / +104.80
  7. 1 point
    14 Oct 2019 Took only 2 trades on our best friend, also know as $MU. First trade - I saw the candle bouncing on VWAP and thought it may take off and I went LONG. I was on the wrong direction where I got stopped out. On my second trade, I saw it moving downwards and bouncing as a resistance in 2 min chart. I immediately took the trade SHORT and manage to exit at one of the lowest point. Today is breakeven for me. My learning lessons should be not to LONG the share if there is a MA above the trade (in 2 min chart). Any bros who would like to contribute 2 cents worth are most welcoming! Thanks!
  8. 1 point
    October 11, 2019 - $JD A slow grind today on $JD. I got into the trade because of the volume and price action when it rejected VWAP. $BABA is to expense for me, so I choose to add $JD to my watch list instead. Got my 1R partial, set my range order and just missed the fill at my profit target. I let it go a couple more minutes but when it couldn’t pop back up I got completing out. Not a bad trade. Numbers weren't adding up on this sample set so I had to go back and see what happened. I missed entering a trading day in which I got stopped out twice early. I went and adjust all the sample set results to correctly reflect the results. Sample Set Results, S P G E E P P P P G G 12 13 14 15 16 17 18 19 20
  9. 1 point
    I am almost at my 1 year trading live anniversary. Time to evaluate if it is worth continuing this journey. I was in SIM for 6 months, so I have been trying to learn day trading for 18 months. I always planned to access my progress and evaluate if I should continue at my 1 year live anniversary. It has been quite costly in time, so it is a serious consideration. Though I feel like progress has been made in my trading I don’t see any change in profitability, so it is not an easy decision. But with some reflection, this week, I realized it is better to look at this more holistically. The change in my personality (for the better) has been dramatic. I would even say transforming. Especially, the last few months. I see improvements constantly and I would not want that to stop. Waking up at 5am and forcing yourself to face your fears, endure stress and muster the strength to make changes in yourself to improve creates dramatic results. Let us say I went a different path and started working on starting a business. I would have worked on prototypes, a business model/plan, and presentations for funding. For the most part not stressful and no internal improvements would have been made. If I feel off that day, the worse thing is I program the 3D printer wrong and the part is thrown in the trash. If I feel off while trading I could go tilt and lose a large part of my family savings, permanently altering our lives. A much greater incentive for personal growth in the latter. I like this growth in myself and I don’t want to stop. That alone it is worth continuing. Now if someone walked up to me and asked if they were training correctly, and they showed me my training plan for the last 18 months, I would say no. So way am I training this way? If you get a couch potato and you want to start training him for some track/field event, would you spend 10 minutes a day practicing in each decathlon event? No. But that is what I did. I set up my platform, and started trading different setups every day. Hoping I would get good at one of them. I would have recommended to the couch potato to first put the mileage in running. Then hit the weights. Improve your flexibility and get on a sensible diet while reading up on the events. So why didn’t I do that? And worse why am I not doing that now? Yes, I am trying to improve on some of that, but looking objectively I am still training wrong. So first I listed what I should have done the past 18 months, find the deficiencies and then I will create an appropriate training plan. So here is my should have done list: 1 Education Read enough to know you have a serious interest. Read enough to learn what next to read. Read enough to know what platform broker/SIM to use. 2 Get fit Physically (exercise and diet) 3 Get Fit Mentally (Decrease the incoming stress, able to handle stress and methods/activities to alleviate the stress). 4 Business plan Do you have at least two years to learn? How many hours/week can you devote? How much disposable cash reserves do you have to cover expenses and losses? 5 Set up Trading equipment. You can be frugal, but don't be cheap. 6 Training Plan 6 months SIM. Training during market hours and training after market hours. Mental and physical fitness should be part of the training plan. Also reading, webinars, etc. 7 Trading Plan What time of day do you want to trade SIM, for how long? Chat on/off? Risk? Max loss? Max trades? These should all be decided in SIM 8 Learn the platform in SIM Make a trade, partial and stop. Don't leave this phase until hotkey mistakes are <10% of the trades 9 Exploration phase You need 3 trades in your playbook, though only one needs to be solidly profitable. 10 Dip your toes into live trading Once hotkey mistakes are reduced and you have at least on setup in you playbook, you should go live at least once a week with very small share size 11 Discover trades that fit your personality Nothing works? Or some setups do work but you are completely stressed when you take them? 12 Reread trading books, especially psychology The books will mean more after being in SIM awhile 13 Revised trading plan At least the last month of your trading plan should mimic your live trading plan 14 Choose 3 setups Not just the one's that have worked the best, but the one's you feel the most comfortable taking. 15 Refine trades You should be now taking trades like they are live. Once you do this you will see adjustments are needed. 16 Revised trading plan This is the live trading plan, risk, max loss and max trades need to be written in stone 17 Revise Business plan If not yet, trade losses need to be in your business plan 18 Go live 50% I assume, in the beginning, you will hit max trades quickly then switch to SIM. Also make sure you take some SIM trades on setups you are still working on. 19 Work on nerves Reread psychology books, they will make the most sense once you are live. 20 Test risk management Even if you lose every trade, your losses should be manageable. If not work on risk management. Do not go past this step until complete. 21 Go 100% live Once risk management is solid, go fully live. 22 Increase fixed R Find the risk you are comfortable and slowly increase. Stay within comfort zone. With that in view I didn’t even get through step 3. In the Van K Tharp course I am taking, they give you a test to check if you are ready to handle trading. There are essentially 3 parts. How much stress is in your life now (can you handle any more like day trading)? How well do you handle stress? Do you have methods to efficiently alleviate the stress? I failed this so badly I was below the bottom of the scale. So I should have known and fixed this 18 months ago. Now I have made progress and I do noticed my nerves are better when I trade. I have set goals to improve it and I have listed those in another part of the forum where I journal the Van K Tharp course I am taking. But this must be my top priority. I am so glad I created a business plan or I would have quit when I started losing lots of money when I went live. Because I assumed I would have losses and had it in my business plan. Though I spent 6 months in SIM, I never really made it through step 8 (know the platform) or step 9 (exploration phase). I use to make 2 or 3 hot key mistakes a day. It completely disrupted my trading and was a big impact in learning how to trade. I should have spent all my time fixing the issue before moving on. This issue is fixed now and my hotkey mistakes are low, but that was a waste and caused undue stress. As for step 9, I left demo without any working setups. I tried and nothing worked. Then I chose the 5min ORB and heavily practiced it on DAS SIM and tradingsim.com with little improvement. I finally left demo just to try another platform to see if it would help my hotkey mistakes. It did. I wish I did step 10. I do recommend it for new traders. Step 19 took a while to fix (nerves). Rereading Trading in the Zone and Daily Trading Coach after you go live has much more of an impact. I tried reading lots of other books to help, I found most not useful. I did finally find a couple that helped. Essentially, I was raised that being negative was good. We would be punished as children for acting to positive, like we are jinxing the future. If we enter a task to positive and we fail my parents would love to tell us we ruined are chances because of the positive thinking. “Laugh before breakfast, cry before dinner,” was my parent’s favorite phrase. So this was a lot of programing to change. But, I have known lucky people. They enter the situation positively and assume things will go their way even though the odds are against them. And I watch how things go their way. So this mind set can really help in trading. You don’t second guess yourself and the ability to find setups is improved. There was actually an experiment that showed this. To keep an open mind to different possibilities. If you think that something positive may happen, when an opportunity, though it may be outside the box, crosses your path, you would see it and act. I would be close minded and not see it. There is actually some data for this. I once read about an experiment where volunteers were gathered. One set of people considered themselves usually the lucky type and the second group considered themselves unlucky. Everyone was given a newspaper and asked to count the number of pictures in the newspaper. The unlucky group usually took 2 or 3 minutes to count all the pictures. The lucky group usually took around 10 seconds. Because the lucky group all noticed a big sign on page two stating, “there are 46 pictures in the newspaper.” The unlucky group were focused on just looking for pictures and never noticed the sign. You can imagine how that applies to day trading. So you need to make yourself luckier by using the power of attraction. Step 20 (Risk Management). Ok, I think I got this one. I have not lost any money in the last 8 months trading live. My trading is not very good so it must be risk management keeping me afloat. Step 21 (increase your fixed R). Definitely doing this one wrong. Essentially, I increase my fixed risk/trade, during profitable time, to the maximum I can handle without it affecting my trading. That’s not really the correct way to improve one’s trading. My fixed R is currently $30. If I go any higher the impact of a full stop out is too much to handle. Thus, I am at my maximum I can emotionally stand. But, it is still too high and affecting my trading causing bad habits. You shouldn’t choose the most you can handle you need to find a sweet spot in the training phase. If too little it feels like you are in SIM and you will trade too reckless. If too high you will trade to careful. So I need to lower my R. It will take a few tries to find the sweet spot. So I am trying to determine my new trading plan. I will need at least a week to plan and experiment. I will have it fully implemented by my 1 year live anniversary. I have decided to give it one more year. If I still haven’t seen steady progress I am pretty confident I never will and should move on. The one thing that is certain, as in all changes for the better, things will get worse before they get better. Once I step outside my comfort zone and change things up, I will take losses again. I need to prepare myself for it. I have gotten quite use to not losing money. Sorry this post was a bit long winded. Thanks for reading. Have a good weekend.
  10. 1 point
    11Oct19 Greenday. +6r. Busy trading day, today I was able to spend the whole day looking at the market and trading. Green Friday once again. Watchlist: $ AAPL, $ROKU, $FAST and $YNDX. $YNDX had gapped down against the market and $FAST was harmonious setup(both earnings). Trade 1: $YNDX. Rising devil setup. Short below VWAP, Stop 25c. Partialed at 2r, but the price turned against me and I got 2 more partials. Trade 2: $YNDX. After the pullback to 20MA, added to my position, partiled towards low of the day. Added to my position again by mistake, got all out. Trade 3: $YNDX. Later at Noon SPY dumped and pulled most of the stocks down with it. Slowly all the stocks were recovering to their original position, Robert called out $YNDX. And I took it long at the key level of 29.5 for 2:1 AON exit. Stock squeezed and I got my fill. Trade4: $FAST. Gapped up on earnings. very strong at the open. I took long after the pullback to VWAP and bounc. Also at the break of daily level 35.5. partialed towards HOD and got all out on new 5min low. Good: Very obvious premarket list today. Entries were good. Enjoyed watching the market whole day. Another +ve Friday.
  11. 1 point
    Friday 10/11/2019 I had a well-being score of 6.5/10 this morning. I was not able to trade yesterday due to power outages. Took 2 live trades this morning was with AAPL and BABA. I still like the daily charts and PM on both AAPL and BABA. I was long bias on both before the open. I essentially took the same trades I did Wednesday when I got stopped out on both. And today I also got stopped out on both. Volume was instant for AAPL and a large hammer was created and I went long when the price broke the 200MA-1min. The only target above that price was the 233.49 daily level. But that is an R/R~1.7. My stop was the PM level of 232.65. I set a limit order at 1.5R, which was just below the target. Two minutes later the price missed my order by a nickel and retraced back to B/E, where I had a stop order to exit the trade for no loss. A few minutes later AAPL started its run up. BABA had a really strong volume quickly and I really like the bullishness on the 5min chart with PM. I saw a L2 signal and a break of the 171 level that was resistance in the PM. I also liked there was a daily level 1R away that seems to pull the price up near the open. I had no good level for a target so I used 172, with my stop at 170.50. Wow, the price instantly reversed and I was stopped out in seconds. The one bad thing about the trade is I used the wrong share size. I saw the stop was 50 cents away but I used shares for a 35 cent stop. For some reason my stops coincidentally have been 35 cents for BABA for almost two weeks. So I think it was a reflex. But that stop now cost me an extra -0.5R. BABA did go for a run up later. Which is good because I have a swing trade on BABA. 5min chart when I took the trade: The total trade: Then I took a few SIM trades for +2R profit. Score cards (live trades). AAPL BABA 93% 90% What I did good today: I like that I followed my new B/E stop out when price reaches 1R on AAPL. That is not easy for me. It’s difficult to S/O at B/E unless I take a profit. What I am grateful from today? That the power outage didn’t last longer. What do I need to improve on: I think I may move my backtesting from weekly to daily. I think AAPL and BABA stopped being in play at the open by midweek, but I kept trading them at the open. I just have to be careful not to make decisions on one point of data. Need 5 min. So I have to use the backtest data as a moving average.
  12. 1 point
    10-11-19 Woke at 0740 with 7 hours of sleep and feeling pretty good...... SSS and a coffee.... A little meditation and away we go.... PAT: fine tune share size..... Notes: No pre 5min trades and all PB#1s will be Sim of SIM for at least the rest of the week... FAST PB#1 (A+ setup), this should have been in live with all the confirmation.... Made a beautiful 5min ORB with confirmation ABCD on 1min and 2min, also the price action, LVL2 and Tape were all positive confirmation.... scaled in to it to 4/5 position and took a 50% partial then out At BE as price action was changing... +48.00 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FAST PB#3 (A+ setup)... Trending the 9ema... the 9ema crossed the VWAP.... the previous down trend did not break VWAP..... ABCD on the 2min...... I added on the close of my entry hammer candle, I did take a little smaller share size one the first one and added into about 3/4 share size (probably a little too cautious here)... took small partials on the way up at key points and then all out on new 5min low..... +124.51 Cons: None today..... Yahoo.... Pros: Found and took A or better setups.... Favorite Trade: FAST both trades.... Notes: Just need to work on share size a bit.... Calling it a day, have family coming in..... R = 50.00: +172.51 / +124.51
  13. 1 point
    11 Oct 2019 Today I took 3 trades (2 green and 1 red) . Overall still green. 1) $MU - Took SHORT when it is bouncing off VWAP and the share took a sharp upward turn and I got stopped out. I realized that I am shorting towards 50MA. Bad move and didn't check my chart clear enough. 2) $FAST - Many traders in the chartroom heard Andrew saying to take a LONG and I took it but he didn't. It is a very good move upwards and my biggest win for the day! 3) $ROKU - At 2 min chart, I saw the candle bouncing off the 200MA and it serves as a strong resistance. I took it SHORT and covered all of my positions before it went back up. It was a very small move but I was lucky to cover everything. 2 green days in a row and I am happy. Hope to continue to maintain consistency when in LIVE account.
  14. 1 point
    October 10, 2019 $DAL, $JD I am still having some confidence issues but overall fighting through them. I started reading the VPA book Norm recommended and it is pretty good on explaining the relationship between price action and volume. I got a partial on $DAL with a little extra after inputting the wrong share size in the range order, and then a 2R on $JD. I left some to run but than the president tweeted about China and everything reversed, so I got out near my 1st partial. Overall a good day. Looking forward to ending the week on a good note tomorrow. Sample Set Results, S P G E E P P P P G 11 12 13 14 15 16 17 18 19 20
  15. 1 point
    Well now that I figured out to post again I post yesterday journal and today. I did not think I would encounter such a big problem after the upgrade. Completely self-incompetence about clearing a cache. Thanks to the BBT Support team for helping out yesterday. October 9, 2019 $AMD Not a bad day today after about a week of re-calibrating and get back into live trading. I was with you on the missed pullback on $AMD around the 5 minute mark. I kept watching $AMD and when it couldn’t push higher above VWAP, I decided to short it a little bit before the close of the 15 minute candle. I got in right as the big move happened, so I didn’t get right at the break of the candle instead a little bit lower. Still a good entry. I just did not get filled on the first leg down before a pullback, but on the second leg I got a partial at the low of the day. I eventually got before my breakeven point because the stock seemed to reverse and the volume started picking up. Eventually, I would have gotten stopped out at the break even point. Sample Set Results, S P G E E P P P 9 10 11 12 13 14 15 16 17 18 19 20
  16. 1 point
    10-10-19 Woke at 0740 with 4 hours sleep and feel pretty good.... SSS, a coffee and muffin...... Read in The Playbook....and a nice quick meditation.... PAT: If I take a SIM of SIM I still need to Manage it properly and not stop out early..... Share size...... Take better setups, A or better..... Notes: No pre 5min trades and all PB#1s will be Sim of SIM for at least the rest of the week... BBBY PB#1.1 .... 2min ORB .... LVL2 ASKs stacking and Tape was printing strong.... +49.00 PB#1 .... 5min ORB .... Same LVL2 and Tape ...... This one I feel great about and also feel like it was an A setup.... 5min ORB with ABCD on 1min and Clear price action..... There was the news that the star CEO of Target went to BBBY and the super large SF of 55% that lead me to the long biased position on BBY ..... +57.25 A quick mistake on the short and covered quickly for BE +106.25 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- BBBY PB#3 (A setup), didnt quite get back to the 9ema on the 2min...... took a 25% partial .... added on the next bounce off 9ema..... stopped out just below BE..... the next was an accidental short and covered quick for BE.... then long on the bounce off the 50ma on the 5min and jumped the gun on the partail.... added on at break of VWAP still trending..... and stopped out below VWAP ....... -19.50 DAL PB#3 (A setup) again a bit above the 9ema on the 5min holding it back from an A+...... the 9 and 20ema had just crossed the 50ma on the 5min about 20min prior to entry.... I found this after I came back from a break..... I entered with 3/5 share size and added to full share size once price action confirmed it (this was a bit late and slow on the triggerand after review this should have never been an add here )..... once into this time of day I mostly use the 5, 15 and 30min charts..... the stop I had was a solid break of the 20ema on the 5min.... when I added at a bad level it did extend my stop loss to over 1.5R, I did get lucky as it never fell below -0.5R... at about 1430 I had to go out for awhile so I sold all but 96 shares (I really did not want to leave this) and left myself a wide range order figuring I would be back before market close.... I got back about 2 min before market close and closed my position within the last two seconds of market.... +201.75 Cons: I took too much size on DAL Pros: Found A setups...... respected my stop loss...... switched my charts so that the 1 min was no longer there then about noon I took off the 2min chart Favorite Trade: BBBY second trade PB#1 and third trade PB#3 Notes: Found a good setup on BBBY that I still after review feel very good about even though it turned into a small loss... And took too much size on DAL..... R = 50.00: +288.50 / +182.25
  17. 1 point
    Not sure, better to ask DAS Support [email protected]
  18. 1 point
    Hi guys ! shared my setup, layout and hotkeys configuration here ! bock in dark theme and andrew's theme red over white !
  19. 1 point
    Hi guys! I finally got my trading station ready! First of all I really want to thank everyone posted here, I read every comment, every detail and everything you posted, in conclusion I could build my own trading station! I actually lost all my trading capital building the station and hopefully becoming a life time member, but after thinking about it and reading @Andrew Aziz book I learned that it's an investion I've to do in order to become a successful trader. First lose money! Then make it :D, I'll be in simulator until I save money for trading So, let's go to the details! 1)Graphic card ASUS GeForce GTX 1080 8GB ROG STRIX Graphics Card (STRIX-GTX1080-A8G-GAMING) I wanted to buy the MSI Gtx 1080 gaming 8 x8gb but it wasn't available in my country, so I went with this 2)Mother board GIGABYTE H370 AORUS Gaming 3 WIFI (LGA1151/Intel/USB3.1 Gen 2 Type A,Type C/HDMI/M.2/ATX/DDR4/Motherboard) 3)Ram CORSAIR VENGEANCE LED 16GB (2x8GB) DDR4 2666MHz C16 Desktop Memory - White LED 4)CPU Corsair CX Series 750 Watt (2017) 80 Plus Bronze Certified Non-Modular Power Supply (CP-9020123-NA)I actually got 100w, but couldn't find it in amazon, you actually don't need 1000w, 750 is more than enough! I think even 650 will work, but I couldn't find 750 in my country as well 5) Cooler ARCTIC Freezer 33 eSports ONE - Tower CPU Cooler with 120 mm PWM Processor Fan for Intel and AMD Sockets - for CPUs up to 200 Watts TDP - Silent and Efficient (White) 6)Processor Intel BX80684I78700 8th Gen Core i7-8700 Processor 7)SSD, ADATA SU800 256GB 3D-NAND 2.5 Inch SATA III High Speed Read & Write up to 560MB/s & 520MB/s Solid State Drive (ASU800SS-256GT-C) 8)Hard disk 2tb WD Blue 2TB Desktop Hard Disk Drive - SATA 6 Gb/s 64MB Cache 3.5 Inch - WD20EZRZ you'll need an ATX box I believe but it depends on your style :DD With the box this whole setup cost me 1450$ from a local store, I also have 4 philips monitors 24 inch each cost 100$+ a cheap desk xD 60$, gaming mouse and keyboards because I love games, both cost 80$, and a stand for 6 monitors which cost 120$, 3 hdmi cabels, 1 adapted from vga to display port, another from hdmi to display port. I believe that's all!
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