Leaderboard

Welcome Casey! I am sure as soon this covid thing goes away a little we will be able to organize meetups again! Andrew must be anxious for some traveling lol!

Thanks a bunch, I greatly appreciate the help and speedy responses!

Thanks, Justin! With this option it looks like I will pay .0035 per share with a .35 minimum and pay ECN Fees, is it the case that I won't be charged $1 per filled orer?

Hey Guys, My name is Marcus and I live in Bend, OR. I am brand new to the group but liking it so far! I own a small composites fabrication shop in Central Oregon where I employ 5 people. I am looking forward to meeting the members here and learning as much as possible.

Hi Justin, firstly - really liked your trading station video, a really nice clean work space! I’ve finished the videos, which were fantastic, but I just want to make sure I haven’t missed out any other insightful nuggets

Hola amigos I started studying day trading about a month ago, when I had to close my business due to a little thing called covid19. Maybe some of you have heard of it? My experience over the past month has been pretty wild. This is all before finding BBT. I decided to jump right in and open a TOS account, join a few chat rooms, take a few cheap online courses, and crossed my fingers. Unfortunately the world that I fell into was penny stocks. Whoa, what a crazy ride that is. I got into some pretty wild covid19 players and my account skyrocketed. As you could imagine that didn't last very long. After about a month of that I thought that there had to be another way. I quickly figured out that I like technical analysis and price action way more than trying to figure out the fundamentals of a company. I also realized that I don't have the emotional stamina for penny stocks. After doing some research I found Andrews book and quickly became interested. I joined BBT last week and have been loving it. The community and support seems amazing and, with a background in psychology, I love that this group really takes that part of trading seriously. I live in Portland, Or with my wife and 2 daughters. If anybody is ever in the area let's meet up. I would love to meet other traders. I am also on the lookout to network and find other traders who would be up for starting a small group within BBT to help each other out and keep each other on track. If anybody knows of a group that exists or is up for creating one with me let me know. Adios, Casey!

Day 80- May 4 , 2020 35 Tickets 4 Symbol Red Day Watchlist: Trades: LUV (1) - Short - ABCD LUV sold off at the open, truied to push back through VWAP and rejected, took it short after rejection and SPY was tanking, stop above previous high, Partials into the big bid at 26.5. Improvement: Need to catch ABCD earlier rather than waiting for it to come down. Also need to have ABCD consolidate multiple bars on weak volume. This it not an A+ Setup. LUV (2) - Long - Asymmetrical Triangle LUV broke HOD and then came back to VWAP (ABCD potential), touched VWAP and pushed back up consolidating near the highs. Saw a triangle forming and took it in anticipation of pushing to new HOD +. Covered partial into first pop, and then stopped out below 20MA. Improvement: Need to be more selective, 5min was looking toppy. UBER (1) - Ascending triangle UBER coming into ascending triangle into the APEX, and was looking strong relative to market as it held up while SPY was selling. SPY looks like it might have found some support and trying to bounce which would help UBER break through. 1/3 at 1R as it’s a major level, then will space them out from there. Improvement: No need to be adjusting and taking 2 partials to stop out, 1st partials planned is good. From there cut the loss vs splitting into 2. LUV (3)- Short - Asymmetrical Triangle Short LUV in the range, keeps rejecting of 27.11 (12c risk) AAL and DAL and airlines were all weak.- didn’t follow game plan, should have taken half off at 2R - 26.73 instead of taking profit early. This caused me hold off and wait for a bigger move, then reversed and got stopped me out. Improvement: Need to follow exit strategy, 2R is first one unless there is a major level. UBER (2) - Long - Ascending triangle UBER broke out from the wedge, and above VWAP - not liking the MA's above as resistance on the 5min, and took it a little late so took partial size, will add one next pullback . SPY looking to break so could be a nice move toward highs (this was WAY TO SMALL of a position. Everything is perfect and you go in 1/3rd)..came back down to test VWAP and the breakout zone - didn’t add because SPY was dropping.. poor trade management. Added as SPY is moving up, and looks like it held VWAP looking to bounce. Improvement: Need to follow my own plan - adding on enxt pullback, it did just tha, could have added with stop just below. Instead chased the add way to late after it chopped up UBER (3) - Short - Descending triangle Saw 27 bid getting hit with acceleration. Thinking we could break if SPY rejects. LYFT also getting hit hard, which could add to pressure to UBER breaking through that 27 level. Took it short with stop above 20MA on the 1min. Bid Held and uber squeezed stopped me out. Instead of getting back in on the rejection, I waited too long and shorted right back at that 27 level. This time it worked, but due to my wide stop (scared after first stop out) I didn’t partial and got stopped out again. Improvement: Overall, I like the setup as it has touched couple of times and is looking to break again - but entries were poor. Need to be getting a better fill with better risk management. LUV (4)- Short - Channel Resistance (Not in in playbook) Approaching same region it rejected to previously, short in anticipation we would break through VWAP and test the lower range of the channel. This would be a move to move trade, quick scalp. Improvement: As this is a quick play - I need to short this right at the first rejection (5c risk, with 3R if it retest bottom) SPY - Long - Breakout Pullback (Not in playbook) SPY breaking out to HOD, took it long (1/4 size) as it broke through and retested the HOD and even 282, Wanted to hold on as strength was there, but ended up taking position off into PDC. Retested and held PDC on lower volume - validation, so I took it long again (1/2size) and sold into pops. Good: Very clean entry here, pullback into major levels of HOD and PDC. Defined risk, partials into levels, validation from volume. Improvement: MANUAL SHARE SIZING - going back to my previous monthly goal, risk adjusted sizing…did not do this on this, instead of taking full size positions I took 1/4 and 1/2 size. What SHOULD have been a nice winner, ended up being mediocre. TSN - Long - Asymmetrical Triangle-ish TSN strong all afternoon, big pop through VWAP and retest, but holding the upward trend. Took it as it consolidated and tightened up thinking we would break and test previous pop and lots of room to run on a potential squeeze into the close. Took first partial, and then didn't like the volume increasing on selling so adjusted stop and got out at my entry point. Good: Partials into levels Improvement: This one could have been all or none for a quick 2R. Today's Review Poor trade management, Ended up coming back close to breakeven as I hit a few plays at the end of the day. However, took inconstant size on my setups (2 big winners were 1/4 size and 1/2 size) which killed me. Feel like I am trying to force these triangles or taking the position in a poor risk defined area, partially to do with I am just starting to get these into the playbook but also that I am not wanting to miss them....Will continue to keep working on these, as I really thing there is something there. Daily Report Card 1.Playbook Setups Only (ABCD, VWAP Break N Go, Triangles looking to add 1-2 more) = 6/8 2. Placing trades with defined risk, and profit targets (No adjusting) = 4/8 NO MORE ADJUSTING UNTIL A PARTIAL IS TAKEN

Hi Everyone! I am an Optometrist in Canada but I've always had a secret interest in trading I just didn't know how to start. My husband actually bought the book off of amazon a few weeks ago for himself but once I got my hands on it I couldn't put it down. I joined BBT a few weeks ago and have been watching the classes and morning chatroom. What a great community. I just started in the DAS simulator -- Right now I'm working on customizing hotkeys and layout and focusing on 1 strategy at a time. If there are any other new traders practicing in the simulator that want to connect, I would love to get a small group together to throw around ideas/tips. Please reach out to me! Look forward to getting to know a lot of you here. Lauren