Feb 3 - 7 Weekly Report Trade Analysis Psychology Analysis Top Three Good Trends The first was that I was able to take entries regardless of my bias this week. On a few trades I didn't want to take but I choose to anyways. I was aware of my emotions and twice during the week I kept myself from trading during the open because I could not focus on what I was doing. I am getting much better and being relaxed while in the trade. I have a setup I am 100% confident in and I am able to trade it when the setup appears regardless of my bias Bottom Three Bad Trends As the chart below illustrates, I have had some major issues with taking profit at the right areas. I did not stick to my profit taking plan at all this week and have noticed that when I can input my exits with a stop order I am much better at it than if I have to press the hotkey to exit. I am still having self-sabotaging issues with the montage and hotkeys. This needs to be addressed more in depth Focusing in the morning has been an issue this week and I am unsure why. Focus for Next Week Fixing the montage and hotkey errors. Sticking with my profit taking plan and not worrying about whether I get stopped out after the stock coming within .01 cent of my partials Morning routine, so that I am focused and ready to trade the open.

2-7-20 AIS 0805. 7 hours, 7/10 PAT: Trade management..... Over-trading..... Got chopped up in the AM with good setups on all. Started to Over-trade so I am calling it a day and leaving with a good attitude for the weekend...... have a great day everyone.... Cons: Over-trading Pros: took good setups (they just didn't work out....) PB Trade: Rs: -3R

Hello Fellow Traders, After reading the email from Andrew about “When to Quit Day Trading” I wanted to offer my perspective as I am in almost the same predicament as the trader Andrew referenced. My current trading career is (1) planned live trade, 2 unplanned live trades due to not realizing I was not in simulator, and about 4- or 6-months simulator depending on if you want to count the 2 months I spent just watching charts. I am an active duty United States Marine who is about to transition from the military after 22 years of service. I originally planned on becoming a Forensic Accountant upon retiring from the military. I have acquired my bachelors in accounting, Master in Forensic Accounting, and achieved a Certification as a Certified Fraud Examiner; however, after being introduced and reading Andrew’s book I have decided to invest all my time to becoming a day trader prior to my retirement from the military in December 2019. I found myself continuously asking the same question as the trader referenced, “Is there any criteria to determine when to quit trying to learn day trading?” I believe the answer to the Traders question is, “When you as a trader and your family no longer have the desire or ability to accept failure as a possibility.” As long as you and your family have the desire to learn, work, and sacrifice for this career than you should pursue it. During my time in the service I have been away from my wife, son, and daughter more than I have ever wanted to be. I currently work away from where my family lives. Monday through Thursday it is easy to focus on Day Trading and learning; however, due to connectivity issues in the hotel rooms, I spend at least 10 hours on the weekend watching the Mentorship webinars, classes, reviewing my journal, and developing the next week’s trading plan. I have found the best thing is to communicate with your family on why you are doing what you are doing and get their acceptance. My family views my time spent learning to day trade as a way that they will get to see me more in the future. They honestly have become more upset with me when I don’t put forth my full effort on the weekends to learning Day Trading, as they have bought into the fact that becoming successful in this business will allow me to spend more time with them. I could easily retire from the Marine Corps and become a Forensic Accountant Intern; however, this career path would still keep me away from my family, so we (My Family and I) have decided that $x amount is worth risking to learn to Day Trade. If I lose that amount, then oh well it was worth it and I will move on to something else; however, if I don’t then my family and I will have a great life day trading while getting to spend more time together.

I've been trading in a different simulator since Jan 29th 2019. I started using DAS this week as part of the BBT challenge. Im not very good at editing my screen shots, but hopefully I get better as I do these journal entries. Made a mistake putting order in first thing. Trade one: My plan was to go short when it broke below 17.00 with target of 16.00 and stop of 17.25 or go long when it broke above 17.81 with target of 18.60 and stop of 17.60. I got in and added to my position as the price rose (this whole time Andrew was also shorting the stock) I watched the price spike twice to my stop, a stayed in because it would immediately fall back down. Then I covered at 17.35. I SHOULD HAVE STUCK TO MY ORIGINAL STOP. Trade two: I got back in short (should have waited longer, did this as a revenge trade), added to position when it spiked and failed. Took profits several minutes later, I was practicing putting orders in as I did this. Trade three: When I saw it fail to move above the 200 average on the 1 minute, I went short again, the first partial on this trade was a mistake, messing with orders again. The stock slowly fell throughout the rest of the day. . Thanks for taking the time to look, any feedback is welcomed.

Feb 7 - $ABBV Had a good trade on $ABBV, but messed it up with a couple of montage errors as I was not focused on the execution. I ended up just setting a range order for the profit target and breakeven. I eventually got stopped at the B/E to the penny before it moved to the profit target. Oh well could have been much worse.

No, no, no it's all just part of the patience training required to do this job 😉

That’s my goal, get 30k and get an IB account.

Good morning! Another one and done for my Friday. Wasn't planning on trading but I came home at 845 from work. Figured I'd try a little. Told myself that I would only trade 5 min ORB this AM. If I didn't see anything I'll just go to sleep. Took one trade GILD GILD 5 min ORB at the VWAP. It couldn't be any better. Watched it come down a little, formed its wick, went towards the previous candle close and I took it long. Waited to partial out this time and was stopped out at my moving stop loss below the 9 MA on the 2 min chart. Made 1.5% and I am good. Plus I need to sleep However, I do wish that I had flipped my position after being stopped out. I did see the candle going below the VWAP and it was almost an engulfing pattern. I also watched the next candle open and make wick and come back down. I should have taken it short then. Ah well, shoulda, woulda, coulda. I'll be on the look out for those from now on as well. Thank you everyone and have a wonderful weekend!

Friday 2/7/20 Due to family commitments I am unable to trade the open today. Good luck to everyone! Have a good weekend!

Just gotta be more dedicated to the hold music! 😂 Last week I did a 40 minute and a 30 minute hold.

Uh. WOW.

Since my last recap which was March of last year, I spent most of the spring and summer of 2019 trading CFD’s instead of stocks. That went terribly and I lost several thousand dollars while blowing up a few accounts. I would watch the pre market show here but then switch to the chat room of the other place I was trading the CFDs through. I would do well when I traded the stocks we talked about with Carlos and Norm. When I got pulled into the trades this other “Guru” was trading, I would lose big. When I blew up my last CFD account in October I decided my next attempt would be to get a real broker, and slowly make enough profits to buy a lifetime membership here so I could be in the chat with BBT members. I started trading in sims again in January. I also decided to become a lifetime member BEFORE I opened a real account. I just wish there would have been a holiday sale on the installment plan. Still worth the price IMO. Now I have a funded CMEG account and am excited about this promising reboot. Next week sometime, I will step back into the live world of trading. Over the weekend I will find some time to post in this thread what my goals are and what steps I need to take to reach those goals.

You have plenty of backbone. I wouldn't have been able to hold that TWTR trade for the first 50 minutes as it looked like it was going to go higher.

James, Try going into the ConfigEx of that study and uncheck "include in scale." right click chart click Study Config click the study you want to change click ConfigEx uncheck the box Give that a shot.