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Showing content with the highest reputation on 06/26/2020 in all areas

  1. 1 point
    Thanks Justin. @Justin I gave a try again by manual entry and hotkey as well. But could not figure out where I am making the mistake. Can you please help me with this? I bought SPY 100 Shares @ 306.94 during pre-market and placed the Stop Market order using the hot key ROUTE=STOP;StopType=Market;StopPrice=AvgCost-0.1;Share=Pos;TIF=DAY+;SELL=Send. Which then placed the Stop Market Order at SM:306.84 (0.1 less than the avg cost). Even though the ask price went below the SM:306.8, order was not executed. I am not sure where i am making the mistake. @Gopi Mani Cheers, Gopi
  2. 1 point
    Day 115 - Jun 25 , 2020 17 Tickets 3 Symbols Green Day Personal: Back in the routine, bed early, up early, meditate + read and then Premarket show. Working well Goal for the day: Pass my report card. Playbook trades only and no adjusting stops. Watchlist: RVOL at open: RAD: 980% NCLH: 120% MRNA: 150% (190% at time of trade) Trades NCLH - Long - Asymmetrical Triangle (Sub: Bull Pennant) NCLH had a big gap at the open, found a base in the mid 14s then spiked right at the open. Consolidated and formed triangle. Took it on the breakout, stop below previous pivot low. Took partials at specific levels and then adjusted stop to Breakeven once I hit 2R. Good: Happy with my partials into specific levels. PDC, Infront of big bid at 16 whole number, and 2R. RAD - Long - ABCD (5 and 15min) RAD had a really nice push off open, positive catalysts with very high short float 28%. Found a high and then slowly sold off into VWAP forming ABCD on the 5 and 15 chart. Got long on break of 15.5 level and downward trendline. 1st partial and 2nd partial were unplanned, no need to partial there. 3rd and 4th partialed into HOD levels at 2R. 5th partial was pani partial as I was distracted. Final was on topping volume, and breakdown. Good: Patient, waited for higher low and volume validation, entry on break of lvl 2 offer. Improvement: Need to believe in my plays. There was no reason not to follow my game plan. MRNA - Long - Ascending Triangle Had this on secondary, had a huge flush down then found a bottom - chatroom called it out. Formed an ascending triangle and looked like accumulation so I took it long on the breakout looking for VWAP. Good: Volume validation, confirming on breakout a waiting for bids to step above. Trade Ideas (Missed Trades) 9:42 - RAD Asymmetrical Triangle breakout on volume (Stock called it out) - Winner 9:50 - RAD - Ascending triangle - Winner 10:51 - KBH limit player hold at 29.06 - Neither 11:00 - MRNA - bear pennant - not in playbook 60.4 entry 61.3 stop - Breakeven (1.3R winner) 11:07 - NCLH - Descending triangle-ish / Limit player, wait for 15.45 to break, test 15.33 PDL and short the retest of 15.45 (no entry) 11:53 - EKSO - Chasing Breakout Pullback? Was thinking long risking previous high 8.08 - needed a longer consolidation plus not in playbook. Trade Review Goal 1: Playbook Setups Only = PASS Goal 2: No Adjusting = PASS Felt great today, patience is key for me. Starting to follow my rules and am noticing results. Still thinking about adjusting stops during the trade but holding myself back - allowing my trades to play out rather then getting scared. Next step is to really dive into specific setups and coming up with exit criteria - at the moment I am either exiting at specific/major levels or at 2/3/4 R. Things I did well: Patient, PLAYBOOK SETUPS ONLY!, didn’t trade first 15 minutes, partialed into specific levels for the most part. Things I did poorly: Take profits to quickly on RAD, missed a few great trades - RAD at the open - had Asymmetrical and Ascending triangle..... Daily Report Card 1.Playbook Setups Only (ABCD, VWAP Break N Go, Triangles looking to add 1-2 more) = 3/3 = 100% 2. Placing trades with defined risk, and profit targets (No adjusting) = 3/3 = 100%
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