Leaderboard

Thursday 11/21/2019 I had a well-being score of 4.5/10 this morning. Disappointed in myself for breaking a rule today. I also had a bad hotkey mistake. I took 3 live trades this morning with BABA and ETFC. My watchlist: ETFC, BABA, ROKU, M, AMTD and SCHW. BABA had an interesting PM. The price dropped one dollar then rose two dollars to drop back down to PDC before the open. The PM volume was just enough (>100k) to have it on my primary screen at the open. I had no directional bias. I followed my usual procedure. I waited after the opening bell to see how large would be the big print on BABA. I didn’t have to wait too long (~12 seconds) and we got a marginally large print for 162K. My rule says >150K OK to use this method, but I have never traded on this small of a print before. I am assuming this print is large enough to say BABA will move, just need to get some hint of direction. I waited for the next prints, it didn’t take long. Five seconds later there were two large bearish print. But they were only 12 cents under the very large prints. I like to see at least 15-20 cents from the really big print. If it is only 10 cents I wouldn’t have used it in a signal. 15 cents I would have, so this is a gray area. After the bearish prints, the opening candle became a bearish reverse hammer and the 5min chart looked bearish. Also, bids were building, but not big enough I would call a signal. But all these signals combine was enough that I went short with half shares. My target was $181 (LOPM) and my stop was the 200MA. This is what it looked like when I took the trade: The price reversed the instant I got my fill and I was stopped out in a few seconds. It took about 15 minutes for BABA to settle down then moved higher. Was this stop out just probabilities or the marginal size of the really big print and the marginal delta between the first print the second? Will have to collect more data. I then moved ETFC over to my main screen to look for a raising devil play. The price was moving up and reached VWAP. The moment it hit the screen I saw a L2 signal and the price move passed VWAP. I immediately went long without a full plan. There were a ton of levels just above it and it gapped heavily down in PM, not the smartest play. The L2 signal disappeared immediately after I entered the trade. I usually wait around a few second to see if the ask will stay. The price quickly dropped and I was stopped out of a few seconds later. I then flipped positions. I would like to say it was just a reflex, but I knew I was breaking my trading rule. I had a full -1R stop out so I am limited to 2 live trades. So I consciously broke the rule. Even though I had an OK short with ETFC, the market was nice enough to teach me a lesson. After I exited the trade I walked away from the screen to clear my head before starting SIM trades. I didn’t notice I still had my order to cover at B/E. The price spiked up just high enough to fill my order (as a long) and spiked back down for a >-1R loss. I did have a good SIM trade with SCHW to the short. What I am grateful from today? Actually, I am grateful for the market teaching me a lesson about rule breaking. Making a profit from breaking a rule would have been bad. What do I need to improve on: Rule breaking and trading without a plan.

Wednesday 11/20/2019 I had a well-being score of 7/10 this morning. I took 1 live trade this morning with BABA. Disappointed with my watchlist today. There were so many gappers but very few Centerpoint had shorts for. So based on the short availability I created my watchlist: AAPL, BABA, ROKU, TGT, LOW and URBN. BABA gapped down in the PM with OK volume. There were so many strong levels above the PM price that I was doubtful it could punch through them easiIy. So I was short bias’d. I followed my usual procedure. I waited after the opening bell to see how large would be the big print on BABA. I didn’t have to wait too long (~11 seconds) and got the largest print I have seen since I have following this procedure at 367k. So it is likely BABA will move, just need to get some hint of direction. I waited for the next prints, it didn’t take long. Two seconds later there was a large bearish print. A few seconds later the price dropped through 183.38 daily level which the PM showed respect. I shorted and of course got a terrible fill, but that is to be expected. I took half share size since it was so close to the open. My stop was the 183.87 level. But, there was no good target. The next target was the 180.40 which was unrealistically too far away. The price dropped fast and quickly reached my first target for a partial (182.58 LOPM), where I took a large partial. The other partialing was taken mostly at price stalls. With my half shares this was only a 1.2R trade compared to my fix risk. But the return vs risk particular to this trade was 2.5R. So I was happy with that and I didn’t feel like trading live anymore. I had my one good trade. I took a SIM trade with URBN and got stopped out. Then I took another SIM with ROKU for a +3R trade. Now that is a big deal for me since I almost always get chopped up by ROKU and was thinking about not trading it anymore (even in SIM). But, the setup and entry it gave this morning looked too good to pass up. What I did good today: Didn’t break any rules today. The prints were correct and BABA did make a nice move after the open. Today I guessed the right direction. What I am grateful from today? I am grateful BABA gave more info on the T/S to help me determine direction. What do I need to improve on: I like my trading today. I am going to leave it at that.

AIS 0820, 4 hours, 5/10 Pat: Trade setup Grade..... Stick to a plan.... No wandering from my choice stocks.... Notes: Mute Vol. in Chat for first 30min...... do not open DAS after a decision to stop trading..... Not much time here today.... CRON PB#1.... A setup... 1/4 share size..... 5min ORB with ABCD on 1min.... took profits and added in on second ABCD that failed and out at BE....... +.2 R TGT Took a few trades here with a total loss.... more went against me than with me..... -2 R Off to other business as this is my break time..... Think I will call it a day and be happy with a Med. size loss and get some rest.... not feeling very good from the week.... Cons: Should have stopped trading when I was at +1R and feeling groggy..... I over traded a bit today.... Pros: Respected all stops and am able to walk away.... I will not open DAS or Chat Room anymore today..... Favorite Trade: The Reversal on TGT Notes: Take less trades.... think I will add a challenge... Take max of two trades before my 1100 break.... Rs: -2

November 21, 2019 -$AMD I had some good trading today, just misplaced my stop on $AMD, which caused me not get the 1R move that I should have gotten before getting stopped out. There was nothing wrong with the setup or the entry, just that I put the stop too high. It should have been about .05 cents lower, which would have gotten me the 1R partial and even a 2R partial. Oh well learning moment. I got out of the trade, when the "asks" started stacking up. The stock eventually went to 39.65 before coming back to my entry point. Sample Set Results, G S 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Hey Aaron, awesome analysis, I love feedback from traders as it helps me see my blind spots. 1) I would definitely agree with you, when I began trading I was focused on how much cents I was willing to risk and it was small. Since January when I started using Kyles hotkeys, I don't worry anymore about what the actual dollar amount per share is that I risk, because I have my hotkey's set to .33% of my account per trade or 3 trades within a day for ~1% of my account. 2) At the open I have a very defined set of criteria that I select stocks for my Orb strategies. This has been based of my performance and what I do well at. I am not comfortable with stocks above $50 at the open, they just move to much for me. After 30 minutes, I switch my layout and watch the same 9 different stocks daily along with 3 of the best stocks on the gappers that did a good move at the open. ($AMD, $MU, $JD, $SQ, $ROKU, $MSFT, $QCOM, $AAPL, and $NVDA). 3) I have 3 strategies I trade. 5 and 15 min Orbs that I have been doing for a year and within the last couple of months I have been working on a new afternoon strategy that involves the 9/20 crossing the 50. It did not work well in September because I did not have a good entry point identified and would get chopped up a lot; However, when I was watching Thor's Video on PLBO, I noticed my moving average crossover strategy was appearing quite often before his entry on the PLBO. So, I went back and did some analysis on my trades and found that the more often than not the ones that did work had a very similar setup to Thor's PLBO and the ones that I got stopped out on didn't. Therefore, I have layered Thor's PLBO strategy over mine and I just got done testing it in Sim. $T was the first live trade I intentionally used it on. That was a long way of saying I scalp at the open and like trend trading after the market has been open for 30 minutes. 4) When I post my yearly recap you see that it not the money that is my issue; rather, it is I just don't like to be wrong.

Mike; I read many of your posts tonight. My thoughts. 1) You are only willing to risk a few cents. This requires perfect timing, entry, and to an extent knowing the future. 2) I see you got in on T today. Are you willing to consider stocks not on your list? For example, TGT had a nice move. 3) What do you prefer? Intraday trend trading such as TGT. Or volatility scalping such as MO, CORT. 4) I see in most of your videos you are adding AMD to your watch list. This is a violation of your process. Follow your process of focus on stocks with a catalyst. AMD rarely has a catalyst. 5) If the thought of losing money is too stressful then you might consider selling put credit spreads 45 to 60 days in the future on massive down days in the S&P500 or a favorite stock of the market (not yours). Take care.

November 20, 2019 -$T It feels like an entirety since I posted a journal entry. Well I didn't fall off a cliff, just had a lot of work related items come up and cut into my time that I set aside in the evening for Journaling. I still completed my personal journal, just didn't quite have the time to post it here. I also haven't posted the yearly recap as I haven't had time to finish it. I am going to be in and out over the next couple of days as well. I think I will be able to trade maybe 4 more days in November. Today was a good day. I had $AMRN, $T, and $AMD on my watchlist. I still can't believe $AMD is above $41. I didn't get any Orb setups, but I did find 2 crossover strategies with the PLBO on $T and $AMRN. I hesitated on the entry on $AMRN, so I missed that move to the short side; however, shortly afterwards I got an entry on $T. Once I got in my reminder on my came up to remind me I had an appointment in 15 minutes. Always wonderful getting into a trade and then realizing that you need to go. Luckily for me, I got a 1R partial and set my range order; however, with some luck also comes disappointment when you return and see the huge move on a $T. Yes it was only like .60 cents but when your risk was only .08 cents your planned R is around 8.5. Oh well, strategy worked, I just couldn't manage it due to commitments. Sample Set Results, G 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

18.Nov.19 +9r. Traded $AMRN and $YNDX and hit them both. Watchlist: $AMRN, $YNDX, $KHC, $CGC Trade1: $YNDX. Gapped up. 3Bar play on 5min on a Harmonious chart. Took twice the risk as the setup is A+. 25% off first partial, 50% off on 2nd (just above big ask at $40), 15% on 3rd and 10% on Final (on a 30min low). Trade 2: $YNDX. Took long mid day, on the bounce from HOD. 6r profit target, got stopped out below 50MA. $YNDX was not trading clean after this. Trade3: $AMRN. 30min ORBD on $AMRN. price couldn't break thru PCL. Held longer than usual. Took another entry for 2:1 AON on the pullback. Good: Clean trading today. Held for longer moves and no overtrading. Increased risk on A+ setup. One of my best trading days, as my trading was clean and got 9r. Improvement: Think about adjusting sharesize for 1st partial. Currently it ranges between 25% to 50% for 2r move. Overall, very happy with my trading today. Hoping to have more such days.

Hello Everyone Traded yesterday, did not do well. Did not have time as I was pretty busy yesterday. Today wasn't good either - pretty much the same issues as yesterday. Emotional trading and a bunch of WTFs. LOL...Peter just did a poll and I'm in the 5% of traders today..blah. Tried to take Roku short after the 5 min ORB. Was waiting for a pull back closer to VWAP but still got in too stretched from VWAP. Didn't go my way and got stopped out. Again, I waited to long as I originally had a stop loss at VWAP, but I was being "hopeful". Thought I got rid of all of my stocks, however I moved my hotkeys around and didn't notice I only got rid of half. I noticed I had short stock left half way into that 1 min chart. I then just tried to partial out with what I had left. Tried to get rid of it all since the whole thing was a mistake anyways but hit the wrong key. Once ROKU went through all those MA and popped over the 50 MA, I went long. I also noticed the 9 and 20 MA crossing. Stop loss just below VWAP. I know the partial outs look early. However, I did hit the hotkeys at around 128.95 but it recorded much lower for those partials. I'm guessing, they didn't fill until then. My goal was that 100 MA. INTC Thought I saw a ABCD pattern building so I went long at 55.46 with a stop loss just below the 9 MA. I then pulled all my shares for no reason. I was upset about the ROKU hot keys mess up and hit ESP on all my trades out of frustration. My original plan was to start scaling out at 2R. I need to be patient and not let negative trades affect other trades. Things to work on: - STOP BREAKING RULES!!!!!!!!!!!! (should start using hard stops) - take it one trade at a time. If one trade is bad, move on and focus on the next trade. - Patience, patience, patience... - learn more about trend trading - study and focus on MAs crossing - Practice, practice, practice hitting proper hot keys on keyboard I also need to remember that I am in a sim to practice. It is actually good to make mistakes now and learn from them. Well that's that. I will see everyone on Thursday morning as I am back to my nursing job for 4 shifts starting Sunday. I wish I could trade and practice everyday as I definitely want to do this full time. The life style is just amazing. But what can I do.... Thanks everyone and have a wonderful weekend!