Leaderboard

Hello Everybody I apologize that I haven't posted lately as I just went back to work after my paternity leave and found journaling a little time consuming. However, after watching Peter's workshop yesterday, I realized how important journaling is. Took a bunch of trades today. Broke a rule, hit the wrong hotkey, but recovered in the end. Mainly used 5 min charts today. I would love to trade within the 1st 5 min and make money like Andrew but the one rule I made for myself that I haven't broken yet is to wait 5 mins. Therefore, my favourite has been trading 5 min orbs - except today..lol Trade 1 - NFLX Beautiful 5 min ORB. Bought 200 shares but it went south. Had a stop loss below at VWAP but I should've been a lot tighter at the 20 EMA. Here I broke a rule, I was "hoping" for a pullback, even as it went below my over extended stop loss . Finally pulled out. I'm just glad I am in a sim. After a bit of cursing, I reversed my position due to the engulfing pattern at 303.08 with a stop loss at premarket low. Given the price, I should have decreased my share size. Once it hit 2R, I started to scale out. Scaled out again once it hit another low. Brought my stop loss to the B/E and kept the rest for that profit target at the 200 EMA. I would have loved to stay in but my goal was the 200 EMA. Trade 2 - CRON Shorted CRON after the 5 min ORB. Got in an 9.65 with stop loss at VWAP. Waited for 2R and tried to get out as close as possible to that 9.15 level. Was going to cover, hit the wrong hot key instead and shorted another 400 and then immediately covered those 400 at 9.25. CRON hit that 9.15 level again and I scaled out hitting the right hot key this time. Covered some more at the 100 MA and was eventually stopped out at the B/E. Trade 3 - ROKU I'm glad I was busy with NFLX and CRON or I would've have taken ROKU long after the 5 min ORB. However, I saw the engulfing pattern and went short at 131.51. (I would've loved to get in closer to the VWAP right after it engulfed the previous candle but I wasn't watching this stock at the time) I was too stretched from VWAP so i decided to use premarket low as a stop loss. Waited for 2R and I think there was a level there and covered some. covered more. Not sure why I held 50 shares of ROKU for so long but I should've have clearly covered all at the B/E Trade 4 - ROKU Saw a huge pop and that's why I covered all my shorts from trade 3. Popped above the VWAP, volume was coming in and saw that hammer doji forming at the end of that 5 min candle. (Also, Andrew was saying he was going long - that was just a bonus to my analysis) Went long at 132.4 Started to scale out way to early. Should've waited for 2R. Was going to sell all my shares at break even but hit the wrong hot key...again . Not sure why I sold all my shares at the 200 EMA. Should have scaled out to at least 134 profit target. All the virtual money I lost on NFLX, I earned back and a little more with the other trades. Lots of mistakes to learn from but I'm happy overall! Again, any feedback would be appreciated and thank you for all the support.

Hey Skye, I have a hotkey that you can double click the chart, hit a hotkey and it will buy the correct shares and set a stop. I also have a separate hotkey where you can double click your stop and it will put a range order in for 2:1. If you’re interested in either of these let me know. My biggest project now is trying to figure out how to combine the 2 hotkeys into one. I would like to double click my chart at the stop, hit one hotkey and that will enter the position and put a 2:1 range order in. Let me know if any other this would help you out. Thanks !

Toan, try changing the Global Default Order Configuration: Go to Setup > Order Templates For Q---Nasdaq, change Account in drop down Hit Apply For N---NYSE, change Account in drop down Hit "Apply to all exchanges" Hit "Apply" If that still doesn't work, for each Montage: Right-click the order entry area > Order Template Check Use Global Default