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Showing content with the highest reputation on 05/12/2020 in all areas
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2 pointsYeah, Ben has it close! You simply right click the edge of one of those windows, the Frame Window Configure will pop open and you uncheck "No Title Bar".
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1 pointThought I would share my journal template with those interested. It's still a work in progress and I would appreciate any feedback or suggestions. Each day I capture the DAS Trades log and closed P/L. Also add a few notes about emotions, health, state of mind, etc. Then for each trade (in/out), I log the detailed entry, stop, target, strategy, etc. There are additional comments where I jot down my thoughts and areas of improvement. I have a summary sheet which contains a running total of all trades to date: And from this I can graph an equity curve: As well as calculate statistics things such as: Average Risk/Reward by Strategy Number of Trades by Strategy Win Percentage Etc, etc. Here is the data presented graphically in another post. I'm still learning in the simulator, so I haven't really found any use for the statistics yet. However, the data is there for when I am ready to analyze and review my performance quantitatively. Let's see your journal templates!
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1 pointIs anyone interested in forming a study group for Volume Price Analysis (VPA)? I'm basing it on Anna Coulling's book "The Complete Guide to Volume Price Analysis" https://www.amazon.com/Complete-Guide-Price-Analysis/dp/1491249390 As I'm reading through and learning that book, I like to look at charts from the previous day and correlate the things that I read about in the book to the things I see in charts. Problem is that sometimes I see the correlation, and when I look at a different ticker I see the opposite! So I think it would be helpful to study charts with other people so that a multiple of people can chime in with their opinion. I envision doing a zoom meeting on a regular basis after the market closes, and people will take turns screen sharing during the zoom meeting so that we can all look at charts and discuss. Let me know if interested!
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1 pointHi Stephen, I would probably say you should check out TradePro Academy. I don't actually have a membership with them, or ever learned from them. I've traded futures since 2012 or so, before they were around. But their content on YouTube and courses and information is really good. They are actually trading real money and have approaches to the market that work. Some of their traders trade CL, (oil) which I do not do so I can't speak to that market. The biggest problem most people have in futures is the leverage; it was my issue too for a long time. Since you can start with very little money, doesn't mean you should. In futures the reality is you need more (150K+ for e-minis) and divide it by 10 for micros. If you don't have enough, you might be OK for a while, but when the algos and volatility kicks in you will get cleaned out real quick. I actually trade the micros now, because they have so much volume. A lot of the NQ volume has moved to the MNQ. Even with the micros, you can push around so good lot size. Jason
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1 pointThat chair looks sweet Justin, great taste! Definitely getting one someday. But what I like more is your anti fatigue foot mat, Just bought one bc my dogs are killing me down there.
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1 pointGreat idea @sawtooth500. Sharing findings, learnings and conclusions here in the forums would be great.
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1 pointPresented by The Aleph Institute - N.E. Regional Headquarters Presentor - Bruce Rabin, MD. This is a series of 8 PowerPoint video presentations with audio. The 8 videos will offer education to help you understand the mental and physical effects of stress and will provide you with skills that will minimize the effect of stress on your health. The videos are intended for healthy individuals who will benefit from increased stress-coping skills, and also for individuals with diseases where stress coping can promote an enhanced sense of well being and possibly influence the course of disease. Examples of diseases that may benefit from enhanced stress coping skills include hypertension, depression, asthma, arthritis, cancer, atherosclerotic heart disease, chronic pain, sleep disturbances, psoriasis, chronic fatigue syndrome, multiple sclerosis, lupus, fibromyalgia, irritable bowel syndrome, and inflammatory bowel disease. The 8 PowerPoint Videos are: SECTION 1- Overview of stress and how stress alters health SECTION 2- Motivation SECTION 3- The effect of stress on the mind SECTION 4- The effect of stress on the body SECTION 5– Behaviors that reduce the effect of stress on health SECTION 6- Techniques that are useful to reduce the effect of acute stress on health SECTION 7- Techniques that are useful to reduce the effect of chronic stress on health SECTION 8- Guidelines for a long and healthy life https://www.alephne.org/templates/articlecco_cdo/aid/4713968/jewish/Stress-Management-Video-Presentation.htm
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1 pointWelcome @TonyRay, @Andrew Agliata, and @stonks88 to the community. Do not hesitate to reach out if you have any questions. We are here to help.
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1 pointHi BBT, My name is Justin and I'm a self-employed Management Consultant based in Melbourne, Australia and am just getting started on my day trading journey. Keen to connect with any fellow Aussies (and the wider community) on BBT to learn more about their experiences day trading from Oz. Have been a part of the community for a day and am excited about the opportunities ahead! Cheers, Justin
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1 pointThe ultimate ergonomic chair - From someone else who has lower back and neck pain from a car accident when I was a child https://www.fully.com/hag-capisco-chair.html You can see it in my video 🙂
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1 pointWelcome to the club. I live in VA as about 4-6 hours from you down next to TN. There's lots to learn in this community fromt he education section of the site as well as from the Moderators during the pre-market as well as during the day. Just remember to take it slow and learn as much as you can so that you don't blow up your account.
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1 pointRight click in the button section of the montage and select Add Button. Name it "Panic" or whatever else you want to call it Give it the colors you want In the script area simply type: PANIC
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1 pointin the new version of das it's now moved it to the Chart Area Configure window, right click the chart->Chart Area->Configure Area
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1 pointLove the A+ setup on the 1 and 5 minute chart there Abiel (especially the long wick on the 1 minute chart immediately before your entry which showed it couldn’t push higher). I went short on a QCOM ORB around the same time so I didn’t see this one.
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1 pointI’m not sure if 15 min candles make ORB’s any less risky. I think ORB’s with technical formation e.g. ABCD or bull flag are much less riskier - regardless of timeframe (1min, 5min, 15min etc.). Just my 2 cents!
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1 pointORB's are indeed risky. The key is setting a manageable stop loss--preferably VWAP--and having the reaction time to get out when it fails to crack/pop below/above the opening body. When they do work out, your day can be one-and-done. I was caught in the July 5th MU squeeze/chop and ended the day with some big losses. I recall WBA and VRX squeezing us on some failed ORBD's in the past few weeks as well. That being said, it is still my favourite strategy. Potentially big losers offset by massive winners.
