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Showing content with the highest reputation on 01/03/2020 in all areas

  1. 1 point
    1-2-20 AIS 0805, 3.5 hours, 6/10 PAT: Setup Grade... How I feel... Notes: Trade the trade not P&L...... Walk away if I am feeling antsy..... AMD 3 trades PB#1.1 pre 5min .... Took this on pure momentum... L2 exploded with large ASKs in a ladder for a quick scalp... took a 25% partial when it the ASKs ran out of steam and moved stop to BE.... PB#3 ... looking for a trend of the 9ema .... made a nice ABCD and a bounce off the 9ema on the 1min with a pull back on the 10min ORB and L2 started to stack but it was a little bit away.. my stop was the 50ma and ultimate goal for all of these plays is 48.00 (this had a price target boost from 40.00 to 58.00).... stopped early with L2 BIDs taking over and Ticker falling rapidly ..... unfortunately the BIDs were short lived and it made the move I thought is was making... I may have been able to hold it through my stop with T&S info but I will never know..... This trade was bad Trade Management ...... PB#3 ..... another ABCD trending above the 9ema on both the 1 and 2min.... I missed a partial at .88 as I was feeling greedy (ticker was telling me to take a partial here)..... took most off when it came back to my BE to reduce risk.... it never reached my stop and ran without me watching it... added in on FOMO and took it back off and regretted it so I reentered, YOWZA this is bad management but I am still recovering from my HULK day.... this went where I thought it would and it followed what I had planned from the beginning... this was just bad Management.... First two trades was a wash and the second was a small profit.... MU PB#1... 5min ORB with ABCD on 1min and bounce off the 20ema for confirmation..... took a 25% and a 10% partial looking for a much bigger move but stopped at BE.... Cons: Took my eyes off of AMD and missed the big move.... but should have managed my 2nd trade better.... Pros: Did call AMD right from the beginning... Playbook Trade: None Notes: Terrible trade management.... need to get my head out of my A$% ....... Rs: +2
  2. 1 point
    December 31 Well ended the year on a positive note. I finished the year up doing some analyzing on my strategies and performance in various aspects of trading from data that I complied over the past calendar year. The moving average cross over strategy data and % of R is skewed because it does not cover the whole year, just the past 3 months. Some interesting things I noticed is that I have a workable winning percentage with the 3 strategies I trade. As I did not focus the majority of the year on profit taking and managing the trade while in it, you can clearly see that the financial stats do not correspond with what the winning percentage of the strategy is. Currently, that is my main focus of improving. "Being able perform while in the moment." On to next year. Hope everyone has a great New Year
  3. 1 point
    Tuesday 12/31/2019 I had a well-being score of 5.5/10 this morning. I took 2 live trades this morning with RAD and ROKU. My watchlist: RAD, TSLA, NIO, NVDA and AMD. Busy in the PM taking a partial on one of my swing trades BE. I thought it possible I will get stopped out on my other 3 swing trades at the open. RAD was my primary watch. But I did not have shares for short. Without short shares I sometimes force long setups though they don’t exist. So I had to be careful. L2 looked good at the open with two large asks (5c and 20c above the current ask). I almost went long on that signal, but I needed at least a second signal for confirmation. The huge print arrived (175k) so at least I was waiting for the next big print for direction or a bullish 1min candle or the break of HOPM. 35 seconds after the open I got the next big brint which was bullish (but not overly), the 1min candle looking bullish (but also not overly) and a bullish L2 signal (though not that large). So three mild signals. Honestly, it was the order flow that got me to pull the trigger. It was really moving. Target was the daily level at 15.63 and my stop was 15.04. What it looked like when I took the trade: I took three partials and I stopped out a little above B/E. The next trade was ROKU. I actually liked the setup for a 2min ORB but the price was really jumping. Then the price movement calmed down for a 3min ORB. I went long when a white hammer was created with the 4th 1min candle and the break of 130.50. Target was 132.63 level with 130 as my stop. I took 2 quick partials then S/O at B/E by a penny (again) and I missed the run to my target. It’s funny I moved my B/E stop hotkey to 2c lower because I keep getting S/O by a penny and I still got S/O by a penny. What did I do good today? During the RAD trade I got notifications that two of my swing trades were stopped out (Etrade) and It did not distract me. What I am grateful from today? Traded ROKU live without getting chopped up. What I should improve on: It’s the last day of the year and I like my trades I am not going to be negative today. So no more day trading for me until next Monday. Wish everyone a Happy New Year and be green rest of the week!!
  4. 1 point
    The platform is pretty much identical. The only difference I know of is the 'Risk Control' feature when you right click your account in the acct window. CMEG doesn't seem to have that so you better watch your max loss per day. Since I use them I just keep my max risk per trade so low I usually run out of trade setups before max loss anyway...if I was red on each trade. I emailed them about it a while back. Also I don't think the global trend line update that Lee W. was working made it to the release of DAS that CMEG uses. Perhaps in the next update once it's finalized with DAS.
  5. 1 point
    Are you clicking the little line icon in toolbar? There should be a hotkey to select the line tool faster (Page Down). I changed my hotkey to SPACEBAR so I can press it with my left hand while operating the mouse with my right.
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