@Richie @Rob C I have read several books and taken some online courses (free and paid). I will list them below. Free and has to be the BEST information for Forex out there: https://www.babypips.com/learn I am only 78 out of the 348 lessons completed, but I have read books as well as other courses. Still this is the best FREE information out there. It is done very well too. Udemy Course I took that I completed in a few hours (https://www.udemy.com/course/the-complete-foundation-forex-trading-course/). I picked this up on sale for probably $19 or something like that. Money well spent! You could go from Noob to SIM Trading with this. You just want to find some good strategies/patterns that work best for you once you complete this. Books Read 50 Pips A Day Forex Strategy The Black Book of Forex Trading: A Proven Method to Become a Profitable Forex Trader in Four Months and Reach Your Financial Freedom by Doing it (Forex Trading) Books Currently Reading Trading: Technical Analysis Masterclass: Master the financial markets Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets

Hi, I sometimes come across popular Youtube channels or books with good reviews that talk about technical analysis or strategies etc. I take a look, or read books' detail on Amazon, and often find out they use Forex as examples when they explain things. My first question is, do they apply to stock trading? My understanding is technical analysis for patterns, charting etc. work more or less the same (or very similar) in any market. For example, the author of "Complete Guide for Volume Price Analysis (The book the Thor's seminar was based on)" says it applies to any market and any time frames. I'd assume any other analysis/patterns are the same. But I am not sure it is always the case. I often wonder if I should listen to them or read them when they talk about technical analysis but not specifically about trading stocks (and day trading). Also, some books on technical analysis are written more than 10-20 years ago and some reviews say they are "outdated." I don't know how technical analysis can be outdated because my understanding is the chart patterns have not changed much. But at the same time I believe Andrew mentioned in his books that popular day trading strategies have changed over the years (or something to that effect) and that means patterns have changed too? Also they say things are different before and after HFT and I wonder how it has affected patterns and technical analysis. So, my other question is do technical analysis and patterns 10-20 years ago apply now? Should I avoid books etc. on day trading, chart patterns etc. from more than 10-20 years ago? If you have any advice, comment etc. it would be appreciated! Thanks.

Hi Deepesh, welcome to BBT! Please see this forum post "DAS on a MAC" Also, review this link DAS Trader FAQ > 5. SYSTEM REQUIREMENTS https://www.dastrader.com/DAS-Support.html

Thanks @Rob C & @Stephen Hunter for the info. I purchased the beginner class from John Grady. It's an inexpensive intro course and I figure that even if I don't move forward with Futures, I can learn a lot from his material on reading the DOM.

@Rob C I would go through that Udemy Course one night and then read through the baby pips website. Udemy Course: https://www.udemy.com/course/the-complete-foundation-forex-trading-course/ BabyPips: https://www.babypips.com/learn After that, do you want to trade throughout the day or swing trade? I have two different strategies/patterns, one for each that I use.

I was able to locate the issue on the short side. Try this one: CXL ALLSYMB;Route=Limit;Share=Pos;StopPrice=HighPrice;Price=StopPrice-AvgCost;Price=Price*2;Price=AvgCost-Price;Price=Round2;Route=Stop;StopType=Range;HighPrice=StopPrice;LowPrice=Price;TIF=DAY+;BUY=Send;ROUTE=LIMIT;

The "set default share to 400" is normal, as Thor has it set to 400. It uses the DefShare variable for another calculation and then resets it to a user specified value at the end. With that said, I don't recommend new users to use Thor's desktop hotkeys as they're specific to his setup, mainly his broker. If you're in DAS Demo/Sim they will fail frequently and have an assortment of issues. They're for IBCO users (I've reached out to him to see if he can append those files to signal this). I recommend new users to download the Excel configuration sheet and configure them for their specific setup to minimize the chance of having issues.

Day 122 - Jul 7 , 2020 14 Tickets 3 Symbols Green Day Personal: Was scattered didn’t know what I wanted to play. Lots looking good but didn’t have great confidence. Goals for the day: Playbook 100% Watch list: Very scattered as you can see.....need to pinpoint a bit better..also ened to do a SPY and full market scan of overall conditions. Trades UBER - Long - Ascending Triangle (Lvl 2 - Offer lifting) HUGE offer at 33, kept getting hit over and over, took it as it finally lifted. Partial into PDH. Looking for continuation here. SPY continuing UP and UBER is dropping. Otherwise I would be buying at the 33 retest. Good: Good job noticing levl 2 and the big volume breaking through Improvement: Stop was a little too wide, should be under previous pivot low - allowing to adjust stop to breakeven once 1.5R hit. ENDP - Short - ABCD Reverse Had a big sell off but still extended to the long side. Tried to come up back to VWAP butgot rejected by PML at 4 even and threw a few shooting star dojis on the 5. Wanted to wait for VWAP but made a lower high and took it short as it was looking to breakdown. Good: Using PML as a level Improvement: Panic covered way too much…stop, breathe, think about why your covering - no reason to be covering. Also could have used a tighter stop - but using the level works as well. Note: Did not follow my entry criteria - did not wait for VWAP INO - Long - Ascending Triangle Took INO long as we were hitting PMH over and over, finally broke and caught it as the Bids stepped above 22.6. Had a nice VWAP break, retest and hold on low volume - should be adding but it didn’t come down all the way to 22.6 so I didn’t take I - also wanted a little more consolidation, but think the quick wick and up is even better?…... Think this thing can run to HOD. Took some off Infront of HUGE offers at 22.91 (1500lots and 22.94 1500 lots). 2nd cover was off the shooting star reversal (ok) and then took more off thinking it’s a triple top as 23 is a big resistance (not great) then took some more off on upper wicks close to HOD…and then again as it looked like it ran out of steam…..then it ran up to 7.4R max…. Good: Using PMH as a level, Lvl 2 and volume validation Improvement: No need to panic, let it play out…if it works great, if not oh well….statistics have shown the edge. Trade Ideas 9:30 - WKHS - Wanted to short 15.50 breakdown. (No entry - not in game plan, 1R winner/breakeven) 9:40 - SQ ABCD into VWAP on lower volume pullback - didn’t like the indecision doiji though. Would prefer a slower consolidation. (Winner ~6.2R) 9:45 - WKHS 15.50 broke down, wait for a retest and short on the retest and failed (no Entry, but right idea) 9:47 - D ABCD at 72.5 stop below 72 - not liking the upper wicks… (Winner ~4.2R) 10:05 - INO descending triangle but not clean enough. Want a little more consolidation here 22.14 entry, 22.63 stop (1.4R move = Breakeven / Loser) 10:07 - NIO wait for a pop and reject 10.95 (No entry) 10:26 - NVAX minor descedning triangle. Wasn’t 3 touch, but nice break at 96.5 entry (No Entry - stop too wide) 10:29 - NIO ABCD off VWAP - didn’t like the major reversal volume on the 1 min and 5min, potential bottoming. (Loser) 11:28 - ENDP - Desecnding triangle, but too much support to the downside I think - broke down, could have entered at 3.77 but lots of support PDH is right there. Had a big bottoming vol and tail and then touched breakdown point to the penny….( Winner ~3R) 13:50 - NIO, thinking this has topped. 13.33 stop 13.61 (Not in Playbook, but if played would be Breakeven/minor winner at 1.9R Max) 14:27 - SQ potential Descending triangle - would like to see 126.2 testt 1 or 2 more times, and then come back aove VWAP for a tighter entry. Pivot point is too far for an entry or for a break and retest. Retest at but volume picked up…and not a clean level. Although it did have a nice double shooting star off 126.34 (No Entry) Trade Review Goal 1: Playbook Setups Only = PASS Goal 2: No Adjusting = PASS Today seemed like a good day…felt good on my entries, trades were taking at specific levels and I would take every single one of these trades again…but then I look at my trade management, and just think wtf….. Lately I have been looking into more and more statistics of specific setups, avg. winners, losers, W/L % and so on…and feel like I have really improved. But one thing I cannot get over is sticking to my exit strategy. Partially because I'm still bouncing between exit strategies (1- 30/40/30% at 2/3/4R or at 1.5/2/2.5R). I know it seems low, and I'm still working on it…feedback is welcome. "Definition of insanity is doing the same thing over and over, and expecting a different outcome". This is legit how I feel. I know what I need to do, just not doing it….once this report card turns to habit I will focus solely on trade management as it has proven to be very hard for me. Things I did well: Patience on entries, additional validation (Volume, Lvl 2, Levels) Things I did poorly: Trade management, panic profits…… 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%

Hello BBT! My name is Scott and I live in Omaha, NE. I have a couple of years left until I retire from the air force and want to use that time learning and gaining experience (as a brand new trader) here with BBT. If there are any newbie chat groups, forums, meetups, etc.... please let me know. Glad to be hear and among you all! v/r, Scott

Tuesday LIVE +2.8R ROKU 1MinOrbUp +1.0R I took this trade at 57 seconds instead of waitiong the full 1 minute. worked out well. UAL.1 1MinOrbDown +0.4R Good trade UAL.2 5MinOrbDown +1.3R Another good trade Back to my normal setup in my new hotel room, felt relaxed and comfortable. I really like Williams meditation video, I watch it every morning 5 minutes before the open.

I've been in sim for around 7.5 months and have probably taken around 400-500 trades and not one of them was like "That trade could not have been any better" That's what I love about trading, every trade is it's own unique optimization problem that you essentially try and solve real time, with only your knowledge / experience to guide you! You can always be better, that's what gets guys like Andrew excited to wake up and trade even though they've been doing it for years. You can always be better, and every day is unique, and every trade is unique.

I am currently learning to trade futures at the Day Trading Academy (5 months so far). My feelings about it so far is neutral. I can't recommend or unrecommend it. The mentorship in the beginning is pretty good but drops off quickly. The classes are good and the recaps are excellent. But not sure if it was worth the steep price. I am aiming to be ready to trade live by EOY.

Hey Moein, welcome! Although I'm in San Francisco now, I was originally from Victoria, BC 🙂 And of course Andrew is in Vancouver! I'm sure we'll see you at a meetup soon enough!

Hi everyone, My name is Moein and I am from Vancouver, Canada. My background is electrical engineering, and I received my PhD in mechatronic systems engineering in 2016. I am currently an instructor and a research associate at a university in Vancouver. As learning how to trade was one of my passions, I started making myself familiar with different types of trades and found day trading very interesting. Then, I found Andrew's books and when I read both, it made me even more eager to learn day trading and finally become a day trader. I am now at the early steps of working on DAS simulator. Hope to learn from you all and hope to see you guys after this pandemic. Stay safe and healthy.

Here is a useful tip for how to change the font size in your charts. Right-click Chart > Configure On the left-hand size, click the box to the right of Label (Price/Time) Change font accordingly The font should now be changed for both the X and Y axes.