Jump to content

Leaderboard


Popular Content

Showing content with the highest reputation on 01/13/2020 in all areas

  1. 1 point
    Good morning I have been really slacking on journaling, especially on my red days. Did a couple trades today. LK, ROKU, BYND, AAPL LK Was looking at LK for a 5 min ORB. Waited for the pullback to the VWAP before going long. Unfortunately it went the other way. Not sure why I had my stop loss so stretched. AAPL Saw an ABCD pattern forming. Went long but was eventually stopped out at the BE. I didn't like the 2 min ORB on AAPL due to the massive wick. BYND Tried to take it long at the 2 min ORB. Took some profits but forgot to change my stop loss. When it hit my stop loss, it automatically shorted some stocks. I guess it worked well as I was able to short it for a bit. Went long on the pullback. Unfortunately, I was trying to put in a stop loss but I hit the wrong hot key and pulled all my shares. ROKU ROKU hit its low for the day. I know it usually does a VWAP reversal. I should have waited for another signal before going long the first time. I was stopped out. I tried to take some profits when the next candle popped up but it immediately dipped as I hit my hot key. My stop loss order then had less shares and the stock went short with a couple shares. I pulled out as soon as I noticed but immediately went long as I noticed that the VWAP reversal was in progress. The min chart had a hammer doji and the next candle formed above it. Went long but I got a little nervous and had really tight stop loss when it got above the VWAP. Ah well. Good day today. Now to go eat and then nap for my night shift tonight. Will see you all tomorrow morning after my shift
  2. 1 point
    Oh, You can't be more right! LOL.. There is always action, when I am not around.
  3. 1 point
    It always seems that when I step away something great happens ... LOL ..... Have a great day...
  4. 1 point
    Hi Mike, We wanted to thank you for sharing your experience and trading approach. My brother and I have learnt a lot from your journals. We are using OneNote for journaling and are planning to do a monthly report similar to what you have shared. This is a great example and will definitely help us to understand the nature of probability. We have not gone live yet. As of now, we are practicing three strategies on SIM - 5 MIN ORB, 15 MIN ORB and VWAP reversals. Still loads to learn and planning to go live starting next month. Thanks again for sharing your trades , journals and experience. Brothers
  5. 1 point
    I like your trades from Thursday. The first MU trade was a classic 2min ORB with VWAP bisecting the body of the candle. The second trade was a near bounce from VWAP long. Both were fine, they just happen not to work out. TSLA trades were fine. AAPL second trade was well planned and timed as the price bounced off the 20MA. I understand it is really difficult to hang on for 15 minutes until the price goes your way.
  6. 1 point
    Great stats Mike. Your win% for your 3 setups is amazing!!
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.