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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.

Welcome @Julio Hernandez! You're not alone, knowing how to lose is a common struggle among traders. If you haven't already definitely check out @Mike B's Psychology module on discipline in trading! https://bearbulltraders.com/lessons/module-3-importance-of-discipline-in-trading/

All, I read an interesting thing yesterday, claiming that 66% of AMD's 5-Min ORB strategies work, which was apparently backtested over a number of months (and this 'news' item was several months old). I was skeptical to say the least. However, I decided to test the theory out myself, especially since AMD is in play quite often. It took a bit of work in Excel, and in historical charting software, and I stuck to the following rules & assumptions: SL set just beyond VWAP 25% partial at all R's, SL set at B/E after first R (Tested on 25% at R1, and then 50% at R2+, but it's less profitable in this instance) Based on 0.004 p/s commission structure, with $0.50 minimum per ticket ECN fees are *NOT* included I also only managed to do only 3 and a half weeks of back-testing before my conclusions were becoming a bit clearer. Here is the sheet for your reference (and if you wish to back-test stocks yourself). You can also customize your Risk Amount, and partial % factors. Summary Conclusion: Yes, indeed it does appear you get get 65-65% success rate on a 5-min ORB, at least on AMD. However, the returns based on the above assumptions and strictly sticking by the rules, are quite low. There are a couple of really nice days, but by and large the positive days are just meh. While many may not find value in this, I did want to verify the claim myself and after the work I put into it, felt it may be nice to share for other people's reference. Happy to receive any feedback. Thank You.

5-Minute Opening Range Breakout (ORB) 5_MIN_ORB.pdf High of Day Break / Low of Day Break HOD_LOD_Breaks.pdf VWAP Reversal VWAP_Reversal.pdf Mountain Pass Mountain_Pass.pdf 1-Minute Opening Range Breakout (ORB) 1_MIN_ORB.pdf Rising Devil Rising_Devil.pdf Falling Angel Falling_Angel.pdf Parabolic Reversal Parabolic_Reversal.pdf

Andrew trades the open. I'm really not sure what his edge is but he is good. Carlos I think likes 5 minute ORB's. Thor does the premarket level breakouts, trades off of levels, and his triangle price breakout. Aiman does ABCD's, and is good at everything else. Peter does double tops with a moving average cross on the 1 minute. Robert H does Climactic Reversals, 15 minute chart reversals, and wedge patterns. What is your edge? Does everyone here scalp trade or is there anyone who holds there trades all day? How many trades do you take in a day? How are you finding your trades? Are you using a scanner? Or are you just watching a select few stocks for the day? Do you require a catalyst or just trade the chart patterns? For trend traders, what time frame chart? What kind of stops? Trailing, Range order, or watching for signs of weakness? I've been in sim for 3 weeks now. I'm trying to narrow some stuff down. I'm fairly good at getting in before a breakout and timing reversals, but I'm not good at taking profit and getting out before it stops me out. Help me out and tell me how you do things. Whats your strategy?

Yes adding to a position is an advanced move. It's one that I almost never do because I have enough to learn already! What I see about this is that the entry was good but when it pulled back it did it with volume and it dropped below a level. You would never add to a position in that circumstance. When I see people like Andrew add to positions it's when it pulls back with lower volume and then is supported by a level. Indications that it may bounce and then head higher.

I am tired of getting stopped out, what do i do ? I mostly scalp at the open i have a high win rate with stocks with tight spread less than 10 cents but with stock of 10 cent to 20 cents spread i get stopped out. I use a 30 cents stop on tight spread and wider spread. Should i stop trading stocks with wider spreads or just use larger stops , my win rate with wider spreads is not as high as stocks with tight spreads . thanks

I think you've answered your question. You don't have to be good at trading everything. I'm terrible at ABCD patterns so I don't trade them. If you have a high win rate with tight spreads then just trade that.