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Good morning everybody! I had a good day today. I came off a night shift and was debating whether I should jump on this morning. Let's just say I am glad I did. As always, I have the 1 and 2 min charts open during the open and look for a 2 min ORB. If I do not see anything, I switch the 2 min chart to a 5 min chart and then look for a 5 min ORB. I then use my 1 min chart for confirmation. Once I am in a trade, I then switch my 5 min chart back to a 2 min chart. I have also decided to use a hard stop loss but I did move it lower than previously. I have also learned (from listening to Carlos and Brian this morning) that using the 20 MA is a good resistance as the stock usually likes to bounce off that MA. Therefore, if the risk allows it, I have moved my stop loss at or just below the 20 MA on the 1 min chart. Took 2 trades today. MU and AAPL. MU Didn't see anything in the 2 min chart but I did like the 5 min ORB. Took it long with stop loss below VWAP at 47.60. Started to scale out at 2R and then 10% as it climbed. Saw the pull back on the 1 min chart. Was debating on adding but I opted not to. I will definitely try it out next time. Kept scaling out as the stock rose. I was eventually stopped out. But this was definitely the longest I have been in a trade. But the patience definitely shows how rewarding it can be. At the end, you'll see me buying stocks. That was a mistake. I had put my stop loss at 48.18. But when I looked at my open trades, I was short, 4 trades. I am not sure how that happened. When I put my hard stops, I don't touch the number of shares, so I am not sure why it sold more than what I had ordered. AAPL Trade 2 I took while in MU. MU wasn't going crazy and AAPL had a nice 5 min ORB with a nice ABCD pattern on the 1 min chart. I went long with my stop loss below the VWAP at 268.80. I was getting close to my max risk limit but I had just made it. I guess if I waited a little longer I would have been closer to VWAP but oh well. I may have been a little early with scaling out just below 2R. Continued to scale out and was eventually stopped out. On the last AAPL image, You'll see that I was stopped out just below the 9 MA. At this point, I had not yet heard Carlos and Brian suggest to use the 20 MA as a resistance. Learned my lesson and used that information with MU instead. Overall, good day. I did well and I learned a couple things. As always, feedback is greatly appreciated! Have a wonderful weekend!

You can open a TD Ameritrade account and download Think or Swim software and trade in real time(you have to request real time data) and with the On Demand feature you can trade anytime in the recent past. No deposit required. The level 2 data is not as deep as what we normally use but it can be close. Its far from perfect but it can be a pretty good substitute for practicing the set ups etc. in real time. There is also a browser based trading simulator called Tradingsim that can be modified to be somewhat similar to DAS. They offer a trial for free, and like Think or Swim, it allows you to trade in the recent past for additional practice. Neither offer good hotkeys and they will only offer a less beneficial temporary substitute but are certainly better than nothing. good luck!

12-06-19 AIS 0755, 5 hrs, 6/10 PAT: Spread..... A setups ...... Notes: Careful after a couple small losses to not over trade, opportunity will present itself....... BIG Reason2Trade..... On Scanners.... RVOL at time of trade 60.0.... Dividend announcement.... PB#2...... A setup.... 1/2 size ..... After review this was a bad setup, maybe a B at best.... did not have an ABCD and the Wick on prev candle was too large.... I stopped out when the as price action was changing on me very early..... My original stop was below VWAP to which I would have been stopped out at 0945 for a larger loss anyway..... I only wish I would have kept this on my watch and reentered at 0948.... -.5R AUPH Reason2Trade.... 2nd day play.... RVOL at time of trade 1.75.... PB#2...... A+ setup.....full size..... Made an ABCD on the 1 and 2min which I jumped the gun on (If I would have stuck to my plan I would not have been in this trade as it never confirmed the ABCD on the 2min)...... stop loss was below VWAP and target was 15.45 PMH...... I stopped early with price action change.... .5R CLVS Reason2Trade.... previous in play .... RVOL at time of trade 4.0 PB#3...... A setup.... 1/2 size..... My entry had a .04 slip and my stop slipped .13 which destroyed my 1/2 size....... Trending the 9ema on the 2min and no new low on 5 or 15min..... no ABCD...... -1R Cons: In on BIG and AUPH without confirmation, Pulling the trigger a little too early... Pros: Got out on BIG and AUPH early with price action.... Fav. Trade: CLVS Notes: CLVS was the only trade I am happy with and I may end the week here.... Rs: -2R

Van Tharp Institute Peak Performance Course for Traders Vol 3: How to Control Losing Attitudes Chapter 4: How to use your brain We mostly receive low quality data from the markets. Psychologists estimate that 80%-95% of the information we pay attention to in our heads is total junk. So our thoughts are mostly junk we mistake as reality and the only info we get from the markets is vague concepts that adds more junk to your head. Oh boy! This means that traders do not have direct sensory feedback about their trading performance. Research shows that one of the most important attributes a trader can have is personal control. Only 10%, of the top traders, answered this question true: “I don’t have control over the direction of my life is taking.” 60% of the bottom traders answered it true. There is a large difference between the world and our experience of it. Investment success comes from internally representing events appropriately; it has nothing to do with the events themselves. You trade your beliefs in the markets not the markets themselves. Investment success requires that you develop an adequate internal representation of yourself and the market. Internal models develop through three processes: generalization, deletion and distortion. We generalize what we see or experience in the market. If we believe something about the world we pay extra attention to information that supports that belief. Contrary information is deleted. Deletion reduces the world to proportions we are capable of handling. An interesting experiment performed on distortion. A group was given playing cards and asked to recognize them In the deck there were a few abnormal cards (like a red spade). Many, in the experiment, identified the abnormal cards as normal. Some, even with a long exposure (40x what was needed to recognize a normal card) were still not recognizing the abnormal card. They saw what they expected to see. We see patterns in the charts that we want to see. We have to break through the distortions by analysis. The course now asks to take the answers from the DT (Distorted Thinking) test taken in the last chapter and the answer questions to help you evaluate your internal models. If I answered true on any DT Test question I need to answer questions listed in the course. I only answered true on 3 questions out of 15. That seems like a low number. Not fully sure why I don’t generalize much. I did notice on my trader’s inventory profile, one of the very few positive attributes I had was I take responsibility over my trading performance (or lack of it). Maybe that helps. The question I stated was true: After that one big loss, I’ve been afraid of that market. Q: How does that loss cause you to be afraid? Do not feel in control. Q: How specifically are you afraid? I feel that any trade in that market has a high probability for failure. Q: What is it about the market that scares you? I feel I cannot trust any stock (or the CEO of that company) in that market Q: Does that have to do with the market or you? Both I should always cut my losses short? I answered true. Q:What would happen if you didn’t cut your losses short? Their accumulated sum would be larger than my winnings. Q:Should you always cut your losses short? No. If you have a really good stop and indicators are still in your favor, you may miss the big move. Q:How should you cut your losses short? Ideally at break even. Whenever my account value drops by more than 30%, I get depressed. Q:If your account value did not drop by more than 30%, then you would not get depressed? Is that true? Not necessarily. If I am not seeing progress, or digression that would affect my mood negatively. Q:What specifically depresses you? Not seeing progress over a large time scale. Q:You would be fine if your account dropped by 20% or 29%? If I saw progress in my trading at the same time as the drop, that would be fine. Trying to learn how I internally represent a memory the course ask you to choose a memory that occurred yesterday. Then review it step by step with respect to the submodalities supplied in the course. My memory from yesterday occurred while my family and me were at a pumpkin patch. First the course wants to answer the questions from a visual memory perspective. Was the memory visual? Yes Visualize, did you see the picture? Yes Angle of view? From my eyes Brightness? Darker than I know it was yesterday Color? The memory is in color, but minimally Color intensity? Weak Contrast? Weak Distance from you? Closer than I know what really happen. Focus? A bit blurry Framed or panoramic? Framed Movie or still? Still Number of pictures? ~5 Self in or out of picture? Out Size of central objects? Correct human size Size of picture? ~3X3’ 3-D quality? Good Then you are asked to answer questions on how to remember while using your Auditory system. Did you hear voices? Yes Whose voices? My wife’s and daughter’s Where were the voices located? To my side and behind me Were they clear? Yes Loud? Yes What was the pitch? Realistic Timbre? Realistic Was the rhythm present? Not really Then you are asked to imagine you are on the ledge of a 40 story building, with the wind at you back. Then imagine looking straight down. What were the details from your memory on the ledge, were the feelings intense or weak? Surprisingly intense Was movement present? Yes Was it steady or intermittent? Intermittent Where were the feelings located? Heart pounding How much of your body contained those feelings? Just the chest Were your feelings warm or cool? Cool Did you feel texture? No Rough or smooth? NA Was it flexible or rigid? NA Was any pain present? No These details are called kinesthetic submodalities. Next ask to compare a time that you were stuck versus when you were resourceful. I compared when I was unable to get out of a trade on Etrade and another time I was stuck in a trade on DAS but figured my way out. My memory of both are just visual. Stuck, Resourceful Was the memory visual? Yes, Yes Visualize, did you see the picture? Yes, Yes Angle of view? From my eyes, From my eyes but a closer view Brightness? Darker than I know it was, Darker than I know it was Color? The memory is in color but minimally, in color Color intensity? Weak, normal Contrast? Weak, normal Distance from you? Normal, Closer than I know what really happen. Focus? A bit blurry, still blurry but better Framed or panoramic? Framed, Framed Movie or still? Still, Movie Number of pictures? ~3, NA Self in or out of picture? Out, Out Size of central objects? Correct, Correct Size of picture? Screen size, Screen size 3-D quality? Good, Good