TL;DR: Here are some sheets with concise information about strategies members of BBT use. Shoutout to the mods and contributors for the information for these strategies. After watching Peter's amazing presentation about his 'Mountain Pass' strategy a couple nights ago, I put together an information sheet with the setup details similar to ones I had already created for a few other strategies. After putting together the Mountain Pass sheet, I decided it, among the others could be useful for my fellow BBT community members for any of the following reasons: You could use them for your playbook. If you like the layout, you could use them as a template to make your own information sheets/playbook. They could serve as a tangible, concise, introductory resource for beginner traders, who are new to these strategies. The strategy information has all been taken from the education center, success webinars and Andrew's books. I take no credit for any of the theory behind the strategies or any of the images. All credit goes to Andrew, Carlos, Peter and Hiltzy for laying out the strategies so well. I plan on doing more of these as I expand my playbook to include strategies such as Rising Devil, Fallen Angel, 1-Minute ORB, etc. So I will share those in this thread as they are made. If you have any comments, criticisms, or if I have information wrong about any of the strategies, let me know and I can make some adjustments to the sheets. Also, if you have your own playbooks / strategy resources you'd like to share, you can do so in this thread, I'd love to see what you've done. Note: Some of the information, particularly the rules such as "Place stop losses at technical levels." are notes I've made to myself based on results I have found. Some of these may not apply to you individually. Here is what they look like: The files for each strategy will be posted below.

Player 2 has entered the game.

I had the same issue for many months when trading ORBs. I would have to be at 65% win rate to be profitable even though I always stuck to my stops. I am profitable now even though I have a win% around 50%. These are the changes I made. 1) Make sure your R is completely fixed. If not this causes two issues. Unsure how the subconscious does it but you will continuously see on the big winners you took too little risk and the big losers too much. Also, it is very difficult to analyze your trades if the R is not fixed. 2) Do what you need to do to control FOBW (Fear Of Being Wrong). I instinctively would take a partial way too early so I could lock in a winner. Now I try to set the partial profit locations (at least the first one) before I take the trade. Still it took me almost a year before I had the discipline to wait to 1R before I take the first partial. 3) Move stop to B/E after first partial. 4) Analyze journal to determine which ORB is best. One minute in time between ORBs can be a completely different strategy. I found out I was poor on the 1/2/5 min ORB and was good and the in between. So the 30sec, 1,5min and 3min ORBs are my best. 5) This is the change that finally placed me into profitability for ORBs. Add a few cents to your stop. I kept missing huge runs by the price dropping and taking me out by a penny or two and going for a 10R run. I kept telling myself it was a coincidence there isn't an algo going to my stop and taking me out. But after a 100 or so times I realize that is exactly what the algo is doing. Because I have set my stop in the same place as the other 10,000 or so retailers. So we all can be taken out at the same penny or two because we all chose to have our stop 5 cents below VWAP or something like that. So I added a couple of cents to my hot key. I still choose the same stop as always but my hot key makes the stop a couple of pennies deeper. Same for my B/E stop key I added a a couple of cents. Now, at least half the time, the price drops just misses my stop and the stock takes me with it on its big run.

I'll second what Justin said. You're being loose with your stops, and quick with your profits. It's something every trader struggles with, but you need to train yourself to be tight with your stops and let your winners run. Here is a technique that has really helped me personally when I'm already in a green position - I pretend I'm not in the position, and I pretend that I'm evaluating it as a new trade in the direction that I want to go (long/short). For this example, I'll just say we're green in a long position. I'll ask myself, pretending I'm not in a position: Would I enter right now? If yes, then hold. If not, then why not? If I won't enter because the trade will probably continue to climb, but it's already made an initial move so I can't get in without a good risk/reward, then hold. If I don't enter because I'm simply uncertain as to whether it will continue long or not, then I consider a partial. If I don't enter because it looks overextended, or it MAY reverse/pull back, then that's a good time to do a full exit. Hope this helps!

Today Trades I like to scalp the opening because i don't have a lot of patient. I risk $200 in every trade and my goal is to make ~$300 every day. Max loss ~350 to 400 6 minutes total trading today. (3 de 4) First trade. 1 min ORB but i didn't like the price action and got out only with a $26 loss. I learn that from Andrew, in a 1 min ORB i expect the price goes down fast. In this case there was a pull back and I get out but keep my attention if is heading lower again I get back in. But here the stock crossed the VWAP then is a long but after that i saw the MA up there and get all out. Them when it crossed the VWAP again went short, took 2 parcials and the cover all at the 200 MA. 2nd trade: This one was making a pullback or a reversal in the 4th minute. I was waiting if that minute close over VWAP and the next minute is going up is a long for me. If that minute close below VWAP is like 1 min ORB based on the prior candle. I went short and cover all at daily goal and more.

(Cleared this one with Norm before posting)