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Showing content with the highest reputation on 03/23/2020 in Posts

  1. 1 point
  2. 1 point
    March 23 It feels so good to be back in my normal routine and being able to trade the way I want to trade. The past 10 days or so has just be chaotic for me. There was a ton of factors outside of trading that were piling up and I just could not focus on executing solid trades, so last week I decided I would just have some fun and trade in sim with no worries of the outcome. This allowed me to try all kind of different setups and see if anything felt good. I didn't do any journaling or anything last week as I just didn't have time for it. But today was a different story. I was able to take 3 trades today all utilizing the same moving average crossover strategy. I took $JD in the mid-morning and $PYPL, $T in the early afternoon. I hit profit target on $JD and $PYPL, while getting a partial on $T. Overall it was a great day and definitely needed after 4 straight losers 2 weeks ago. It just goes to show you that when you are able to focus and concentrate on trading your plan things work out well. When you go into trading with lots of external worries and stresses it definitely plays with your mind. Looking forward to tomorrow.
  3. 1 point
    Today was very disappointing, I had a bad open, recovered and worked my back up to +2R for the day. Shut computer off, did some home schooling, made lunch. Was wondering if I should come trade live in the afternoon to try and get to 3R which is my usual goal. I decided to try one more trade to try and get to goal. I ended up spiraling out of control in the afternoon, my +2R turned into -2R, and commissions started piling up. I started trading with no thought or setups. I started using a different risk amount than what I started the day with (at least I used less risk instead of trying to double my morning risk, but I'm supposed to keep it the same for figuring R for the day). I somehow ended back up +1R, but once my commissions are calculated it will be -1.5R. So this isn't the type of disastrous day that killed my account, and I will let this day be a reminder of what happens when I'm not disciplined. 98TICKETS!!!!!!!!! Too many trades in the afternoon to screen cap all of them, There was not really anything to learn from them anyway, EXCEPT, DON'T TRADE WITHOUT REASON TO ENTER THE TRADE! Here was my morning session and All of my executions.
  4. 1 point
    3-23-20 AIS 0800, 7 hours, 7/10 PAT: PB#3 Live. Find one active ticker and focus on it for the day. GILD is my first choice for my all day stock. MGM this was my second choice but at the time GILD was not giving me any signals or entry PB#1 15min ORB failed to my stop at VWAP -1R GILD PB#3 Trending the 9ema on the 2min and failing to break the PM Low. There is also a reverse ABCD on the 5min. after consolidation for a bit it fell giving me partials and adds along the way. My adds were always 1/2 of the shares I had left and my partials were 25% Room4Improvement: I should have added more on my adds as the action was going as planned. These should have increased to atleast my original share price or even more. (chapter 9 of the Playbook, Trader Wus syndrom. +5R GILD PB#7 to PB#3 2nd new 15min hi, new 30min hi, 1 and 2min EMAs crossed and sloping to the 50ma, RSI on 15 was 19.1. Called this out way ahead of time but was back and forth to the desk so I caught this a bit late. Partials and adds should be self explanatory +4R Cons: Happy with the adds and partials as in where they were but not on the size (GILD 1st trade) Pros: Took the trades, partials and adds when called out PB Trade: GILD Rs: +8R
  5. 1 point
    Thank you Justin, that's work perfectly
  6. 1 point
    Monday 03/23/2020 I had a well-being score of 7/10 this morning. I took 1 live trade with AMD. My watchlist: AMD, UBER, TSLA, MGM, CCL, and ZM. I was watching AMD at the open as default, since nothing else on my watchlist had a PM that was interesting. AMD opened weak with SPY. AMD made a reverse hammer. I shorted when the price broke the 200MA-5min with a L2 signal (but not a big signal). What AMD looked like when I went long: My target was PDC (39.60) with a stop 40.60 (when my 1min candle would go green and the break 40.50 where PM was respected). I took two partials and did have my auto stop at B/E. But I hate when the price flies through my stop and removes all my profit. So I bailed a little early (my cover was exactly on my 1st partial so you can’t see it on the chart). But of course if I held to my stop I would have reached my target and beyond. What did I do good today? Stopped at one trade. That took some resolve since I was only at +1R. But my goal is to find one good trade. Essentially, a trade that reaches my target. AMD did reach my target (and beyond), it was my fault I didn’t take advantage of it. So I took a trade that reached my target, so I am done for the day. What I am grateful from today? I took a short trade. I have noticed I have been taking a lot of long trades lately, I am worried I am getting a bias. It doesn’t help that I have less stocks that have shorts (shorts I can take quickly) with Centerpoint.
  7. 1 point
    Looking at the part at the bottom where it shows Storage Optical Drive means it isn't a SSD. If you want to check to see what kind of drive it is go to computer management and then you should see Device Manager. Find Disk Drives and expand the list to see what it shows. You can follow the link below to find out what kind of drive that is installed on the pc, unless if you click the drop-down list and it shows the actual type of the drive. https://www.computerhope.com/issues/ch000497.htm
  8. 1 point
    I just started using the DAS platform screen capture software and it has a button where you can drag across multiple screens to record. I tested it out this past Friday and it works pretty good. There is also a button to do a complete monitor setup capture but I found that it for some reason would only capture live for a few seconds then quit. If anyone wants to try it you can get it from the Tools section of DAS.
  9. 1 point
    Nice PINS trade. More automation will help with taking too many partial profits. It reduces the stress where we all have a limited reservoir to tap from. Kyles hotkeys will help. I don't use his hotkeys, but I have something that has the same function (though much more rudimentary). I know having a hot key that auto sets your exit at break even after your first partial helps let you sit back and wait for a better place to take profit.
  10. 1 point
    Have you ever considered using Kyle's hotkey for position sizing based off of $ risk per trade or BP %? I highly recommend it. The hotkey completely changed how I felt upon entering a trade. I no longer ever had to worry about having too large of a size because I was always risking the same amount.
  11. 1 point
    Maybe you will tell me this is all easily done with buttons..but I haven't looked into the button calculations yet. It takes a share price and based on your account size will show you the max shares you can afford as well as display the money you'd lose/gain for each .05 interval up to 50 cents. account_size = 30000 from decimal import Decimal print("Welcome Tom, your account size is set to " + str(account_size)) share_price = input("\r\nPlease enter share price... ") shares = account_size//Decimal(share_price) print("**************************************") print("\r\nYou can afford " + str(shares) + " shares.") print("**************************************\r") stoploss = Decimal('0.05') while(stoploss <= .5): risk = 0 risk = int(shares)*stoploss print("stop loss of " + str(stoploss) + " risks " + str(risk)) stoploss+= Decimal('0.05')
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