Fellow Bear Bull Traders, I would like to share with you the Equity Simulator. Another possible name for it could be Expectations Manager. What the tool does: The tool calculates the likely Equity curve and distribution of daily R given the probability of R outcomes in every trade. It also compares the Equity curve when using a Fixed amount R vs using R as a % of Equity. Motivation: As part of my Trading plan, I've set rules for increasing and decreasing position size based on my trading results, as well as moving from Live to Sim and vice versa. But I was feeling that these rules were quite arbitrary - I was wondering how many Red/Green days a week/month I should reasonably expect in the long run, and what kind of profitability I would actually need to meet my goals. Learning how to execute each trade properly is paramount but I felt this would add some perspective and peace ("do I really have to have red days, given my win rate?":) Alternatives: EdgeWonk analyzes individual trades and seeks for potential improvement in entries, exits, and trade management in general. (thanks @KyleK29 for the suggestion) In contrast, this Simulator can't be used for tweaking individual strategies - it focuses more on the bigger picture and your average trading results. It could be however used to compare your results using two styles of trade management - e.g. Style 1 : 60% chance of -1R, 40% chance of 2R vs Style 2: 80% chance of -1R, 20% chance of 4R Further comments can be found in individual cells and on the second sheet. Please let me know any suggestions or questions. Link to the Excel file: https://drive.google.com/file/d/1SUEfrZskJOWpwASR7sUvB2LnOrkxgF2d/view?usp=sharing Have a nice day and don't forget to hold the line! 🎂🤑 JanJ

Hey Everybody, Curious if anyone is part of a group that reviews trades together, holds each other accountable to rules, provides feedback on tradebooks, etc. I'm a beginner trader that is trading 5 minute ORBs and 5-minute ABCD patterns. Some areas I'd like to grow in: Reading price action Sticking to my trading plan and not overtrading Developing patience and only entering trades with a great R:R Stop-loss placement (I seem to get stopped out, but be right about the direction)

Using my opinion and observations I will reply with the following answers: 1a. If L2 is bullish, T&S is bullish, Candle Sticks (i.e. 5min and/or 1 min) are bullish and volume on 5min/1 min is increasing over previous and you are at support (i.e. Thor's WHERE) look to pull trigger for longs. U also should have plan for your target and partials. Stops behind the level or being aggressive a few cents behind the price level u observed the large order/transaction. 1b. Interpreting a bullish T&S: Aggressive bullish transactions are green (the default colors) orders, BUT has the price MOVED UP from the previous price level on the LARGE T&S tape display ? If YES then bulls at that point in time (and for the next 5 seconds) are winning and it may continue. This could be the start of the move or just a glitch in the MATRIX.....LOL. U have to have the probability on your side, hence reason or need for selecting or observing the best WHERE (levels), Order Size on T&S, Candles etc. and using a STOP. Extrapolate the Aggressive Bullish T&S scenario above, to the Aggressive Bearish scenario and a Neutral scenario on the T&S. ...... Did the PRICE move in the direction of your bias after the aggressive order on the large T&S ? This is the signal u need to observer on T&S. 2. Passive orders can get filled in between BID/ASK. You can drop a passive order at any price as a limit order. Passive orders do not move the price of the market, generally. They could be called neutral. Very large players can get permission to enter with PASSIVE limit/orders. As an ex-banker during FOREX auctions for foreign currency, only staff and very large corporate customers of the bank had the privilege of using the mid-rate, i.e. in between the BID/ASK. I assume it is the same here, as all banking processes are the same, they are just applied to different systems or flows of money in a capitalistic economy. Pension Funds are some of the largest institutional players and target certain stocks. So for APPL and TLSA I would assume that the PENSION funds, MM, super large players BUFFET, BEZOS transactions are done, sometimes in blocks (i.e. by Dark Pool exchanges), in between the bid/ask so they have minimum effect on market price, or after market close in the reconciliation, showing up in the candle chart at 8:00am. When trading APPL and TLSA a independent/retail trader will then have to watch the white transactions and observe if the price moved up or down with/after large orders on T&S. I personally and other SMB traders generally just watch the digits to the right of the decimal point for any changes on the large tape. Tickers with extremely high institutional owners also have these characteristics. @Milos RandelovicHope the above helped. Prefer to voice chat to explain these concepts.

I got you Gator. Fortunately I do what you are asking all the time. Here's my hotbutton layout for reference, but what you are asking only needs pieces of it. There are 3 Steps to do what you require: 1) I enter the trade with a double click at my desired stop price, and then I click either of these hotbuttons. 2) If I want to take a partial at a specific price I first specify what % I want to take off of my current position with these. 3) I then double click where I want to take said partial on the chart and click either of these. Here's the hotbutton scripts associated with each step: 1) [L] Ask: StopPrice=Price-0.01;DefShare=BP*0.97;Price=Ask-Price+0.01;SShare=50/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price= Ask+0.05;TIF=DAY+;BUY=Send; [SS] Bid: StopPrice=Price+0.01;DefShare=BP*0.97;Price=Price-Bid+0.01;SShare=50/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=LIMIT;Price= Bid-0.05;TIF=DAY+;SELL=Send; 2) [Pos] 10%: Share=Pos * 0.10; Etcetera... 3) [P] Set Price (Green): ROUTE=LIMIT; TIF=DAY+; SSHARE=0 ;SELL=Send; [P] Set Price (Red): ROUTE=LIMIT; TIF=DAY+; SSHARE=0 ; BUY=Send; See you in chat fella.

Hi all - A while back I ran a survey to learn from traders of various experience levels what they believe is important to their development. Then Covid hit, which had a big impact on my personal and professional life, and this project was shoved to the back burner. More recently, I found time to compile survey responses, some of which I’m sharing here (as promised when I ran the survey). The survey gathered results from two separate trading communities. About 70% of responses came from traders with < 3 yrs total experience, and a strong majority of respondents (90%) focus on the intraday timeframe. Regarding the former point, I suspect this is representative of the trading population at large, though I lack empirical evidence to say so definitively, The survey was a starting point to understand what’s important to traders based on experience level. I don’t drill down into this in the attached slides, which provide a broader summary. In short, respondents to the survey: - Believe Trading system / Strategy and Screentime are most important to the process of improving as a trader (slides 4 and 5) - 76% of respondent keep a trade journal (slide 6), and 77% of these traders journal most trades (slide 7) Overall, given the slant towards lesser experience amongst respondents, the biases evident in the responses are logical. It’s my belief that new trades default to what’s most material when trying to make sense of markets. In other words, and to paraphrase a former BBTer: you can teach trading patterns to a squirrel, but trading is 90% mental, which cannot be taught. I started this project because I’m very interested in understanding how traders create improvement and consistency. If anyone reading this is open to participating in an interview about this, please DM me. Otherwise, comments / questions on the survey are welcomed. Trader_Survery_Results.pdf

Gracias compañeros, vamos a hacer un censo para saber con cuantos miembros de la comunidad de BBT en español contamos para actividades y eventos. Esto nos ayudará también a depurar el grupo de WhatsApp para dejar solo a los miembros activos de BBT. Si no ven su nombre abajo por favor publiquen aquí para no eliminarlos del grupo de WhatsApp Mariana Pepo R(odrigo) Oscar – Tiger César Hugo Fede Erick Fernando Pablo Leo Carlos Moreta