Leaderboard

21.Oct.19 Green day. +4R. Today I had a better day. I am going to keep this journal short, as I am travelling. I may not be able to trade the next couple of days. Watchlist: $AAPL, $AMD, $HAL, $YNDX. Last earning season, I did not trade well, partially due to having so many stocks on the watchlist and not watching one particular stock. This time, I made sure, I finalize only 3-4 on the watchlist and observe one at the open. Trade1: $AAPL. $AAPL gapped up and at ATH. $SPY also gapped up, I had a key level at 238.2. Trade 2: $MU. $MU also gapped up. Had a nice entry at 10.05, that I missed. Later took a long at 20MA (1min) final partial at HOD (also 200MA on 15min and 30min). My trade of the day (due to my poor add in AAPL). Trade 3: $MU. I also took a reversal on $MU after trade 2 that worked well (under huge resistence in mutiple timeframes). Trade 4: $INFY. Took a scalp on $INFY once it bounced off VWAP at 12 Noon. Good: Whatever setups I took in Real and SIM worked out perfectly (including $AMTD Earnings Play). I was calm and patient today. I am still listening to relaxing music at the open. Improvement: couple of them in $AAPL trade. Will try to improve on them.

Monday 10/21/2019 I had a well-being score of 7/10 this morning. Was on a >1min restriction this week. Took 2 live trades this morning was with YNDX and ROKU. YNDX, ROKU and AAPL were the stocks I liked the most in the PM. I liked ROKU the most but it was on SSR. AAPL’s daily chart looked great, ready for a breakout. YNDX gapped up big with lots of volume and I liked how it traded last time. Though I liked YNDX the least of the 3, I placed it on my only montage. So I actually traded all of those 3 stocks today. Two live and one SIM. All 3 setup really nicely before 1min after the open and all 3 would have been winners. But due to my 1min restriction I had mixed results. YNDX opened with good volume (but not great) and created a nice hammer and broke a daily level when it finished its hammer. This is my favorite setup. But it occurred less than 1 minute so I waited. After a minute the price passed all the obstacles and there was just open space. It did move 1% from open, but since it gapped 10% I thought t wasn’t extended. So I went long at the break of the 1min wick with 33.68 daily level as my target and VWAP as my stop. The price did move 10 cents in my favor than retraced and I was stopped out (yes by a penny as usual) for a full -1R. But that’s OK I was going to get stopped out a minute later anyway. ROKU had a strong open with OK volume (also not great) but went red to green. I was about 50 cents late to the entry, but I was still in the YNDX trade. R/R was still good even with the late entry. My target was the 200MA-5min with $130 as my stop. I set a limit order at 1.5R (50% shares) and waited. It took a minute to get my limit order filled, but then the price dropped fast and I was out at B/E. A few cents lower it reversed again and reached my target. I took 1 SIM trade with AAPL for +2.7R Score cards (live trades). YNDX ROKU 89% 92% What I did good today: Traded fine with the new DAS setup. I was patuent waiting for my 1.5R limit order to be filled. What I am grateful from today? Not trading in the first minute. Grateful for my -.3R today since I did not trade my best today. What do I need to improve on: Patience. Both setups were just OK. I should have waited for a setup with more volume.

Journaling is the hard work we put in to become better traders. Recommend developing a journal that you enjoy doing at the end of each day, then it doesn't seem like work.