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Day 31 - Feb 20, 2020 16 Tickets 4 Symbols Red Day 1. SIX - Short - 1min - Failed Pop (Rising Devil) Cut dividend 70% and had terrible earnings. SSR - Down 20% premarket. Found a level at 30 in premarket. Bounces off then and then comes back to retest 30 into the open. Opened up but couldn’t break VWAP, flushed down and retested premarket level - held and bounced off - decided to take a starter position(1/4) as a Failed Pop/Rising devil trade. Shot up through VWAP didn’t cover right away wanted to see if it would hold - it did and I got out as soon as next candle formed - caught the top tick. Improvement: Did not follow my rules, price discovery is being hard coded to 5 min. 2. VIAC (Trade #1) - Short - 1min - Breakdown Down over 15% on the secondary watchlist, missed the big drop down to 30 but was still weak and selling off. Saw large bid at 30.00 on lvl 2 - shorted into it with expectation for it to break through and continue to the downside, with stop just above previous candle high. Went my way and I ended up taking profits (1.6R) with no exit signal. In my mind was thinking to use break of trend line or break of Moving average as stop but panicked and covered at 2.5R as spy shot up and fear of giving back profits Good: Happy with the read on the entry, failed pop, heavy and increasing selling volume, read on lvl 2 selling through the large bid Improvement: Better exit strategy, beating a dead horse here but continuously cutting profits too early, and letting the losers ride. Know it but seems like not enough discipline to follow my rules. 3. VIAC (Trade #2) - Short - 1min - Failed Pop Covered my positions and it continued falling, Was looking for another entry on failed pop and got it - so shorted as it started to sell off again. Something to note was it tested through moving average which was a change in character. Had a hard stop just above but canceled it and executed manually which caused for more slippage. Good: Cut loser Improvement: Need to Follow game plan and be stricter with my stops - once share size comes up this small difference could make a major impact over many trades. 4. VIAC (Trade # 3) - Long - 1min - VWAP Trend Trade Covered on the double bottom and then it made it way into VWAP and consolidated as expected. Held and broke through on rising volume went long - put order to buy when it retests at 30.20 but ended up FOMO'ing and bought as it broke out. Bought the top. Clear resistance off the instraday daily level at 30.53 almost to the penny. Holding just below VWAP with larger selling vol - started to look bearish but I held my stop - which was just few ticks away. Ended up coming back up to my entry and just over - sold into it, thought of keeping the other half went to enter stop range order - entry mistake, and sold at market for minor profit (lucky mistake) Improvement: Felt like I was revenge trading and over trasing after taking a few losses. Wrote in notes I shouldn’t trade but did anyway. Not happy with that. 5. LB - Long - 1min - Breakout Pullback In play was news they were selling Victoria Secret, and CEO was stepping down. Down 15% at one point - missed the whole play and didn’t do daily levels research. Came right up to previous day vlow rejected and I went long on the breaking pullback. With tight stop in order to avoid the double top. Ended up stopping me out. Improvement: Didn't do my daily levels and that got me on this one. Way too late, need to take a step back and realize what has happened rathe then jumping in on a breakout pullback hoping for a rally through previous highs. 6. Z - Long - 1min - Breakout Pullback Z was strop off open - watching the premarket highs. Broke through PMH and held - buyers looked in control with soling buying volume coming in. Went long with tight stop just below consolidation at 64.65 level. Consolidated above the level and finally broke out to the upside - took 1/2 off way to early (1.4R) with no reason to exit. Then covered into over 2.5 and 3.8R as it pushed higher. Good: Like the patient entry here, risk is defined off that pre-market high level, held it nicely. Improvement: Could have managed the trade much better and started taking profits later closer to my target. Today's Review Overall it was an alright day. Notice there are a few plays where I should be getting much larger and that is when I have a defined risk/reward and stronger signals such as LVL 2 confirmation or around major daily levels - trade 2 (VIAC Trade #1) and Trade 6 (Z). What I did well: Couple of high probability, low risk entries which turned out to be decent winners. What I did poorly: Trade management, taking profits too early not letting the move play out. What I need to do: rec curing theme - need to go over my gameplan / playbook and set more strict rules around exits and setups taken.

Many of you might have already heard of the fantastic DAS Dynamic Hotkey (aka Kyle's Hotkeys), which allows you to place trades setting by fixed dollar amount or percentage you want to risk on each trade. These dynamic scripts take a lot of work of your hands and allow the DAS Trader Pro platform to do all the thinking and calculating for you. Saving you time and allowing you to focus on the actual trade, which is far more critical. Kyle is kind enough to host a Success Webinar for us on Wednesday, March 4th at 8:00 pm. The webinar will structure in two parts, the first session will breakdown the latest dynamic hotkeys, how they work, and the expected action. Part two will be a Q&A in regards to these hotkeys. To better prepare, we asked that you post questions you might already have about these hotkeys below so that Kyle can review before his webinar. Thanks! PS: If you are not yet aware of Kyle's hotkeys, below is the post link. https://forums.bearbulltraders.com/topic/716-das-dynamically-calculate-shares-on-risk-or-risk-hot-key-configuration-updated-91019-v21/

@evan @peterB There is actually the option for short SSR built right into Kyle's hotkey file. It's just in a drop down on the Hot Keys tab.

Friday 02/21/2020 I had a well-being score of 7.5/10 this morning. I took 1 live trade this morning with DBX. My watchlist: DBX, SFM, S, WORK, LTHM, and FSLR. I had my eye on WORK and DBX heading into the open. Both were creating a PM level near the HOPM. Then DBX made a new high in PM and I went long (90 sec before the open) with 1/4 share size. DBX opened with huge volume and strength. 3 seconds after the open I saw a large ask 25 cents above current price. I went long and got a worse fill then expected (and I expected bad). So I was too far from my stop ($22.07) or I have 1.7 times the number of correct shares. But luckily the price immediately moved higher and I partialed back to correct share size. I took a few more partials then exited when it created a descending triangle and broke through support. What did I do good today? Good use of L2 and reducing share size. What I am grateful from today? Lucky with the good price action. It’s dangerous taking so close to the open. What I need to improve on? Expect more of a slide at the open. Should have taken much less shares. Have a good weekend!!

This is one I can answer. You can add the pre-market high/low as price levels on your charts. Just right-click on a chart, click Study Config, then select PriceMarker. The dropdown menu has options for both PreMkt High and PreMkt Low. I think older versions of DAS didn't have this, but the current one does. Make sure your DAS version is up to date.

I thought the same thing... LOL

Just to help me shape this. What do you people want to see in terms of information? Would you rather have a breakdown of the math behind them and then show how they work in DAS, or would you like a more detailed breakdown of the actual hotkey (as ugly as they are)? I'd assume the former is better for most as it's a "concept -> application" presentation, keeping to the important bits in a concise manner. Any other hotkeys / DAS features you want me to go over, please post here. I have a list going. For this presentation there will be a new version of the hotkeys / configuration rolling out, so even if you're familiar you may want to check it out. I've also discussed with DAS on some modifications, but I'm not sure what the timeline is on those.

I just got the Lifetime membership this month. I WILL be there!

Kykle K created some hotkey scripts for marking the levels on the chart with different colored horizontal lines. I use this instead of manually editing the horizontal line configuration each time you want a different line style. It works in the newest version of Das. Green: ConfigTrendLine HorzLine DashLine:00bf00:2; HorizontalLine; Orange: ConfigTrendLine HorzLine DashLine:ff860d:2; HorizontalLine; Pink: ConfigTrendLine HorzLine DashLine:ff0080:2; HorizontalLine; Red: ConfigTrendLine HorzLine DashLine:ff3737:2; HorizontalLine; Black: ConfigTrendLine HorzLine DotLine:000000:1; Blue Dashed Line: ConfigTrendLine HorzLine DashLine:0000FF; HorizontalLine; Blue Solid Line with Width of 2: ConfigTrendLine HorzLine Line:0000FF:2; HorizontalLine;