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Showing content with the highest reputation on 05/22/2020 in all areas

  1. 1 point
    Hello all! Now that some of our restaurants are open here in San Diego County let's figure out a time and place to meet. Anyone have any favorite spots?
  2. 1 point
    Hi BBT, For those who made the transition to become a full time day trader while having a full time job: How did you do it? * What sacrifices did you made? * What habits did you learned? * What did you changed? * What advice, tips, tricks, strategies etc do you have? Would love to learn from you Kind regards Benjamin
  3. 1 point
  4. 1 point
    Wow that is awesome. Im going to listen to your podcast this weekend 🙂
  5. 1 point
    Hi Benjamin, You can watch my Talk with Traders where I go over a few points on that very topic. But to answer your bullet points: The sacrifices are a few, most noticeably how taxing this is on your body mentally and physically. It isn't particularly enjoyful working 2 jobs back to back, no matter what they are. The same can be said for those who go to school and work (Aiman), there is little difference. But trading can be a little more stressful because money is involved. Habits would be getting used to taking losses, and then more losses. Everyone knows how to win, that's easy, you close your position in the money. But closing at a loss, unless you get used to doing that as a habit (not too often let's hope), you will let them outrun your wins. I changed from wanting to make a lot of money to being humble and making what is realistic for your account size and risk tolerance. So maybe a couple hundred a day instead of a few thousand. It's not a get rich scheme, more of a side hustle to put your money to work what will get you better than market return. Tips and tricks - don't try to mirror after one trader! You will notice in our chat that each BBT trader trades differently, and vastly differently from feeling the price action at the moment like Andrew (his actions per minute rival Starcraft gamers) or to really deep dive in the L2 like Thor..and he dives very deep to find those levels (his L2 can consume his whole screen). Find what is the better fit for you, if you are short biased with your trades talk to Peter. Find your nitch, and that could take a year or more.
  6. 1 point
    Hey! I think I saw that the areas people lived in were Del Mar, Hillcrest, Linda Vista and Bonita. So probably somewhere from Hillcrest up to La Jolla would be most central. I'll start doing some research to see what is open.
  7. 1 point
    Hey! Found it finally.
  8. 1 point
    Kyle's Hot Keys seem to be helping me a lot with this. I am about 2 months in live after 9 months sim and just took my first successful ORB yesterday. Previously, I had tried just as you described -- looking for the 5 min break and taking an early entry "guess" that it would play out. I got really chewed up and spit out if my theory was wrong, and the volatility made it impossible to get out without a much bigger loss than anticipated. I became too scared to try that strategy again. With fixed-risk hot keys, I was able to have more security that my loss will not be too big. One experience I will share, though. I set a really tight stop. I got stopped out immediately upon entry for slightly more than my fixed risk. I think what happened was that the calculation was made the and the spread was too wide when I hit the hotkey. Because the price was moving fast, I ended up with more shares than my anticipated risk so the loss was bigger, but not terrible. This is a guess about what actually occurred, and a learning for me -- wider stop and check the spread. Have fun!
  9. 1 point
    Welcome to the community and thank you for your service. If you have any questions do not hesitate to ask in the chat.
  10. 1 point
    I'd say look for strong volume and get a good entry at important levels (VWAP). Open is wild and anything can happen so be ready to act fast. In this forum thread we discuss ORBs.
  11. 1 point
    Ah okay, just be careful bc group trading can alter your thought process. I find it best to work in our Chatroom in the pre-market to get our battle plan ready. When the market opens watch those stocks but if you hear people yelling 'long, weak, nonsense, doing stuff, garbage, ahh ouch, or 'cover cover cover' when you're long' it can be distracting 😉. This is because no two traders are taking the EXACT same trade, you may be taking a slightly different setup with different stops and targets. Then when the dust settle 15 minutes in or so that's when I become more active in the chat. I am saying this with the lightest of heart btw 🙂 I love our chatroom's charm.
  12. 1 point
    Thanks, Justin!
  13. 1 point
    Side note: Major props for being new and wanting to have a backup in case of computer or internet problems! 🥳
  14. 0 points
    Let me know if anyone is making money on this
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