Jump to content

Leaderboard


Popular Content

Showing content with the highest reputation on 05/31/2019 in Posts

  1. 3 points
    This is my gaming setup that I am slowly converting into my trading setup. I built the computer and the cabinets/desk. My twins just turned 1 month old and we got sooo lucky with our first kids being a boy and a girl. My real name is Jordan. I work in a power plant near Dallas, Tx and the powerlines are 345,000 volts
  2. 3 points
    I read "How to Day Trade for a Living" over a year and a half ago, I join the chatroom while I was still reading the book. The chatroom has been an invaluable resource for learning not only good trading habits, but the psychology of trading as well. After a year of trading my husband joined me and now we trade together everyday. Thanks to the BBT community!! Michelle and Nathan
  3. 2 points
    I hear ya! I had three trades today that didn’t go my way initially and I had multiple chances to exit at b/e, but held on to them hoping they would magically go my way. Although I was confident in the setups to begin with after another 5 minutes of holding the position the setup was much different and I would have never entered at that point but I refused to be wrong. And it cost me. What I learned today was that b/e is sometimes a W!
  4. 2 points
  5. 2 points
    Family that trade together stays together. First day trade for the pups. Whatever it takes start 'em young.
  6. 2 points
  7. 2 points
    Converted a typical closet into a trade station. I added a 'peel n stick' wood wall paneling and installed a 3 pot-light lamp above with dimmer switch.
  8. 2 points
    I have been following Andrews daily recaps for a long time, read his books and finally ended up joining his community ... I am a the newbie around here and feel that this is where I belong. Trading is much much more than the P&L at the end of the day !
  9. 1 point
    Curious to know if others here are running DAS Trader on a Mac. I am (Macbook Pro), and currently using a trial copy of CrossOver. DAS crashed last Friday -- it could be disastrous if this happens with a position open, so I'm not happy about it. In the aftermath I discovered that DAS won't support issues related to CrossOver. Their customer support was great, but in trying to understand the crash, they'd go only so far. Another issue I've encountered is an inability to span the main DAS window across monitors (this is possible with native Mac apps, and DAS states that this is a capability on PCs). The consequence is that the hotkey that focuses a montage associated to a chart works only when in my main DAS window, which is on my primary monitor. It will not function on secondary monitors, where i need to place DAS charts, montages, etc. that have been popped-out of the main window. While in this early phase with DAS, and still in the CrossOver trial period, it makes sense to also test a virtual machine. VMWare's Fusion gets high marks and has a 30-day trial, but I need to purchase Windows OS, which is available for $110 (or less on 3rd party sites where I won't use my CC). Considering this cost, thought I'd ask for feedback from others here who use DAS on a Mac with a virtual machine. If you're out there, please let me know if you've encountered any issues worth sharing.
  10. 1 point
    Friday May 31st, 2019 Sleep: 7 hours. Mood: good, ready to trade. first trade was an ORBD in $T. got a great entry and it did trend down for a little bit. it bounced off of $30.75 and then the next time it came near that level there were big bids below the low and i was confident i was going to get to my profit target but it didn't break and starting trending higher on the 5min chart and i got out at my breakeven. if i was a more seasoned trader, i could have bought twice my share size and rode it up but i got stuck in the hopeful stage that it would try the low again. at least i got out way before my stop loss. GOOD: good setup, good R/R, good getting out of a losing trade. RFI: could have flipped my position when it didn't hit the LOTD. MOOD: good CONSISTENT: yes. Last trade of the day i thought at the time was an ABCD in $ZUO but looking at it after it kind of already tried that move and i got it on the second try so i catergorized this as a no setup. I was in the right direction but it couldn't break the HOTD and i got out around breakeven. GOOD: got out when it rejected HOTD RFI: not really a setup. this would have been a good candidate for top fishing MOOD: good CONSISTENT: yes. wow what a slow friday for me but i guess a boring breakeven friday is better than an exciting red day. What i did good today: took good trades, didn't feel any strong emotions about my trades not working What i did bad today: not recognizing sooner that T wasn't going to break lower What can i do better tomorrow: when you see signs of something happening and then it doesn't happen (i.e. big bids below the LOTD expecting it to break but doesn't), act on it!
  11. 1 point
    After much experimentation (still ongoing!), I've settled on one main 32" monitor for scans, internet, and admin, with three 27" monitors above for charts and level 2. The hotkey pad orientation is also still evolving. A view can also add to one's composure during the trading day Andrew's book was the first piece of trading literature I read and helped me tremendously in getting through the difficult, and often painful, learning curve this pursuit requires. Besides focusing on the clear and simple strategies that many in this community share, I've benefited most from watching Andrew and the other moderators show up each day with a consistent, balanced, long-term approach to trading. Simply being reminded each day by example of how to avoid FOMO, take profits, cut losses early, and come back again tomorrow has done for my growth more than hundreds of hours of studying charts, patterns, indicators, techniques, etc.
  12. 1 point
    Break even is always a W! You can always get back in if the setup is still valid.
  13. 1 point
    May 30, 2019 - $AMD x 2 (2 Partials) I not sure why I keep gravitating towards $AMD this week, but I do. Maybe because of the small gappers the past two days for mid and high float stocks. 1st Trade – Entered when the stock kept rejecting VWAP and the Moving Averages and made a new low from the previous 1 minute candle. Took profit at the low of the day and exited at my breakeven. 2nd trade – Had a great 15 min ORB setup and entered again when the stock rejected VWAP and loss the moving averages again. Took profit again at the low of the day and exited at my breakeven. It just did not want to go green to red in the morning. Sample Set Results, S P P P P S P P S G G P P 14 15 16 17 18 19 20
  14. 1 point
    30.Mai.19 Red day today. Max loss day. I have been sick this week, didn't trade last couple of days. Today made 2 trades in $CY and $AMD. Today's BBT watchlist was very thin. I was interested in $BYND, $ROKU, $AMD, $TEVA. I was watching $AMD and $TEVA at the Open. $AMD had all MA's as support levels except for 50MA on 30min. I had this level at $28.5 and if the price breaks this it can really shoot up. $AMD was very very choppy at the open, I was watching for 20mins and still I couldn't find a pattern. There was no setup. Typically, when $AMD or $MU don't open well, mid-day moves are very good. So I moved on to watching other stocks. Trade 1: $CY hit the TI scanner as ORB 10min, this stock was brought up during the premarket show also. I looked at $CY and it looked very strong (all MA's in all timeframes were support.) I waited for a pullback close to VWAP and took it long. Got stopped out below VWAP. There was immediate resistence level above and the price couldn't break, eventhough it did the ORB with huge volume. $CY: Entry - $17.90, stop - 15c. Trade 2: $AMD on 2 min was just breaking the VWAP and the 50 MA, I waited for the candle to close above this level and took it long. Price pulled back close to my Stop and shot up again. Volume was supportive too. It hit my level $28.5 and was pushing above it. Suddenly $SPY dropped and AMD dropped like crazy. I got out at my Stoploss. $AMD: Entry - 28.37, Stop -10c, Profit target - $28.78 (RR-4:1). . Good: Was patient, eventhough $AMD didn't do anything at the open for close to 20mins, just watching all timeframes as it was forming (including 15min) looking for setups. Only after a confirmation went long on $AMD. on $CY, I don't take the stocks from TI scanner usually. Today I didn't just jump into the trade, I checked all the MA levels and waited for pullback for Entry on $CY. on $AMD, When the price hit $28.5 the R:R was 2:1, I didn't partial out here, but waited for my 4:1. Improvement: Hit my maxloss today for the first time. I need to reduce the share size, it appears the setup is perfect and so I am going with medium size, and getting hit. $AMD I should have got out early e.g at 9/20 MA cross on the 1min. $CY Didn't check the previous resistence from daily. May be next time do I missed the 3 candle setup on $ROKU 2 mins, I also had the level $92.3 and I was planning to go Long if price breaks it (harmonious chart here). I was actually looking at the chart and didn't notice the price crossed this level, Andrew also called $ROKU long and It didn't hit me either. I just didn't notice the levels I put in, after the market opened. I should have. P.S - On hindsight, eventhough I saw the double top on $AMD at $28.54, and I didn't take partial or get out, because I was shooting for higher R:R, the price action never crossed this level. Only WICKs touching it.
  15. 1 point
    Thursday 5/30/2019 I had a well-being score of 6.5/10 this morning. My nerves were not good due to 6 days of not trading, my last day trading was one of the worst I had live and the huge FOMO I had with the nice moves I missed the past few days. I felt that it was inevitable that I will have a double stop out today. Since that was a powerful self-fulfilling prophecy, I traded half share sizes today. I took two live trades with FB. First trade I traded OK, the second trade I traded poorly. FB bounced off the 50MA and made a nice hammer as it broke VWAP. It had the minimum volume needed of 125K in 20 seconds. 300K in the first minute is the minimum to call it in play. I went long at the breakoff VWAP. It quickly made it to my first target ($183.50) and then quickly reversed. I tried to exit at B/E but there was some slippage and the trade was a slight loss. What it looked like when I took the trade: 1min The second FB trade was a disaster. FB was dropping fast and heading to an unusually strong tech level of 200MA+Daily Level+PDC. So I was going to go long the moment it touched it expecting a bounce. First mistake, I didn’t check the volume. After the first 20 seconds of the market open the volume dried up and FB was not in play, so no trades should have been considered. I did place the order when it touched the 3X tech level. It sure bounced. So much I lost 25 cents on the entry. The R/R is now bad, but it never crossed my mind to get out of the trade, though that is a rule and my second big mistake on the trade. I actually had a good 5 seconds that I could have exited with a small profit, but I held. When the price retraced to the tech level again I stopped out. It had a large slippage again so I had a 50 cent stop out, well larger than the planned one. What it looked like when I took the trade: 1min Both trades: My score card for today: What I did good today: My first trade was fine and at least I knew to go half share size today. How did I challenge myself today? Traded after a forced 6 days off. What I did bad today: Didn’t check for volume or quickly get out of a bad entry trade. I am hoping these errors are due to not trading for awhile. What can I do better tomorrow: Relearn my rules. Apparently, I forgot them.
  16. 1 point
    take care and there is always another day, i hope you can trade the next session
  17. 1 point
    Wednesday 5/29/2019 I had a well-being score of unknown value this morning. My Garmin watch essentially said I never slept. My daughter had really bad nightmares last night and I stayed up with her until she fell back a sleep (but that was 5am - already passed my wake up time). So I thought it wise never to get near my computer this morning. Wow its now six days without taking a trade. The good news is my daughter doesn't seem too drained and looked normal by the time I dropped her off at school. Maybe she was getting a few cat naps in during the night. I hope everyone's trading has gone well this week. Too bad I couldn't join in on a few trades.
  18. 1 point
    Wednesday June 29th, 2019 Sleep: 7 hours. Mood: good, ready to trade. feels good to take a couple days away from the markets and recharge. First trade was a 5min ORBD in GOOS. good entry, but i only got partially filled because i was afraid of a pullback and never got a chance to add to my position. i didn't think to add to it on the way down which would have been the smarter move. sold half when it moved 80 cents in my favor and then the rest when i thought it was hitting the bottom. turned out it kept falling all the way to my original profit target. GOOD: good setup and entry RFI: sold too early and didn't have enough shares MOOD: good CONSISTENT: no, didn't follow the plan. then i tried to take what i thought was a double bottom in GOOS and got in long on a new 5min high. it couldnt get through the MAs and just kept slowly falling all morning. GOOD: got out at stop loss RFI: not a true double bottom, labeling this "no setup" MOOD: good CONSISTENT: yes, followed the plan last trade of the day is my newest setup that i'm calling bottom (or top) fishing. what i do is put in a limit order 5 cents above the LOTD and hope for the price to test the low but then head back higher. with the limit order is a market stop 10 cents from my entry. Once i'm in the trade i switch to a range order of 3:1 risk reward to replace my original stop. my thinking is that i'm always trying to guess the trend change and double tops and bottoms are major reversal signals so i should in theory get some really good entries with this method. I tried it out today on AMD and it unfortunately did not work. i'm going to do more forward testing on this because i think it has a lot of potential to be a good setup i just need better parameters. had i done the double top in AMD today at 10:28 it would have worked beautifully. GOOD: entry and setup and stop all mechanical RFI: need to make better parameters (ie. maybe look for double tops and bottoms on the 2min not the 5min) MOOD: good. CONSISTENT: yes What i did good today: took all setups, kept emotions in check What i did bad today: second guessed my ORBD and cut a winner short for a losing trade. What can i do better tomorrow: don't sell the first half of a trade too early that's going in your direction. only trade valid setups.
  19. 1 point
    Week 21 Recap Doing this recap too late so I can’t recall how I felt about the week of trading. · Weekly stats o 2.4 R/R (Goal: above 2.0) [Previous Week: 2.1] o 20/28 71% (Goal: above 80%) [Previous Week: 86%] o -$54.53 (Goal: $250) [Previous Week: -$68.16] o 2/7 29% trades with the trend (Goal: 100%) [Previous Week: 62%] o 2/7 29% Non-optimal Entries (Goal: 0%) [Previous Week: 29%] o 3/7 43% Letting Losers Run (Goal: 0%) [Previous Week: 5%] o 2/7 29% No Setup (Goal: 0%) [Previous Week: 10%] o 1/6 17% true win percentage (Goal 45%) [Previous Week: 27%] · Highlights o Great double bottom trade in AMD. · Ongoing things to work on o Fell this week in no setup trades and trading with the trend and the worst one, letting losers run! Need to keep all these in check. o Two bad trades in a row on MU trying to catch reversals without signals. I went back and recalculated my true win percentage without scaling out and my results are below. The interesting thing is I was under the assumption that if I’m not trading live, I’m not progressing but looking at these numbers shows me that I’m having win percentage issues that are independent of whether I’m trading in sim or my real account so even though I’m not thrilled about trading in sim again, I am forcing myself to go back to sim until my win percentage is at least 45% and I have four weeks in a row where my net p&l is positive
  20. 1 point
  21. 1 point
    May 28 2 trades pl80 It sounds ok but I’m not really happy with this days trading. I let opportunity slip by. My psych wasn’t all that great, I felt good though and was eager to trade. I actually changed my account to live before the open. Perhaps that was why. But it turned out that I had a very good market feeling today. Just not the confidence to act on it. I was watching amd , roku, and momo. I seriously thought about scalping roku for a long at the 50ma in the first minute but couldn’t pull the trigger, could have been a good scalp but also risky so I didn’t mind not taking this. So at first I went long on amd, that was good however when I decided on a stop loss I actually pressed my hot key for twice that amount of stop, so half share size which was quit ridiculous really. It wasn’t a hot key mistake either. Not really sure why I did that. No confidence probably since I had changed it to live account . I got out way too fast it turned out too, it was still an ok move however because of the wide stop I didn’t even get a 2R on it. Such a waste. I kept on watching roku and about 3 times I was thinking , now is good entry where I can get a tight stop but everytime I hesitated and offcourse the stock don’t wait for you. I love/hate this stock. It kicked me in the balls quite hard multiple times so that’s also what makes me hesitate to touch it but one can not deny the opportunities it gives as well. I took a longtrade on momo instead which was a bit more risky but it turned out ok though again I couldn’t get 2r but that’s just because the move didn’t really happen. Still I’m happy with this trade because I didn’t stop out even though I came quite close to it. I took low from previous candle as stop. I missed out on some other entrys to get back in amd and also the reversal, I saw a head and shoulders and I have been quite successful with this pattern. But again I didn’t get in, I had a price in mind where I told myself to get in 28,30but it missed it by I think 2 cents. That was really close enough I guess to get in. So a bit mixed feelings about this day. Maybe It was because I went back live, maybe I should have stayed in sim, maybe I’m not cut out for this, maybe one day I will... I never once thought about chasing the stock though so at least that was something I did good.
  22. 1 point
    Tuesday 5/28/2019 I had a well-being score of 7/10 this morning. My nerves were not good due to my poor trading on my last trading day (Thursday) and worried there would be platform issues with CMEG like there was Friday. And yes again I was unable to take any trades today due to issues with CMEG. I am uncomfortable making manual orders close to the open and my DAS setup does not allow a quick change to the routing on the Montage. I tried to take a 1min ORBU on FB and order was rejected. The entry point disappeared quickly so no chance for manual entry. Then I tried a 2min ORBU on AMD and as expected my order was rejected. It’s sad because both had nice runs. I haven’t got a trade to have a good run for two weeks. Plus I am slightly negative for the month and that would have brought to the positive and I had a really bad last day of trading I needed a good day to get my confidence back. It took me about 2 hours to get over my frustration, but then I thought this is what I need to get off my rear-end and change brokers (actually I use a stand-up desk so that’s just a metaphor). I haven’t had a hulk or max loss day in 4 months I think I can trust myself now with a larger account. I was waiting for CMEG to announce their counter offer to the Alliance offer. But in reality I was being lazy. It’s time to go with a better broker. With E-trade I was almost 50/50 with long and short trades. Now I am 90% long. Yes the market has been moving upwards, but still part of it is due to the lack of shorts available on CMEG. Plus, of course the commission costs are less than desirable for me since I am still trading small. What I did good today: Recognized good setups, though unable to trade them. How did I challenge myself today: Now applying for a Centerpoint account. What I did bad today: Got frustrated not being able to trade. What can I do better tomorrow/weekend: It’s been 5 days without trading. It feels like when I can’t go for a workout in a week. I need to figure out at least how to use SIM tomorrow.
  23. 1 point
    Live trading summary for week ending 5/24/19. It was a very unusual week of trading. From a stat standpoint it was not good. Score card of 78% and a win% of 38% and my largest weekly loss this month. From a psychological standpoint, I was all over the place this week. The first three days were actually fun, even though all three days my P/L was flat. I was really enjoying the process of learning. This is possibly the first time. As was curious to see what the market would bring and eager to figure out how to handle it. Then it came crashing down on Thursday where I traded REALLY poorly. Then there were issues with CMEG on Friday so I didn’t trade. This week I also found how unadaptable I was. I was always worried that I would not be able to adapt to the continuous change in the market. But I thought the issue would be that I would not know what new direction I should take. So my back test data from last weekend clearly showed AAPL was no longer in play for my 1min/2min ORB setups. But FB definitely was in play. So very simply, for the first few minutes after the open don’t trade AAPL and instead make FB your primary focus. Then I would wake up in the morning and see this wonderful premarket action on AAPL and couldn’t help myself and would make it my primary focus. So all week I got chopped up on these seemingly excellent setups on AAPL, while FB were having these really nice ORBs. So I knew what to change, but was unable to make the change. Back test data from last week shows FB still making great 1min/2min for 3 weeks now. Too bad I only traded FB once last week. AAPL data still shows I should still not be watching it. AMD worth watching. And MU, though still not great, is improving the 1min/2min ORBs. Here is my plan for next week:
  24. 1 point
    it sure is not easy, i kinda thought i could be consistent quicker but i understand now that it was wishful thinking. the past weeks i have always kept a small chart of the spy open, it sure does help sometimes, i agree that small size on a live account is the better learning way, in my case i have messed up a bit too much so i have to prove myself first i can be green on sim consistently again. this will give me some pressure to take sim seriously because im eager to go live again but it just doesn't make sense at the moment. id love to trade all day even if its just for training but that is no option for me, ideally i should stop after the first hour. but in the end that is the best hour too even its difficult for a beginner. actually the biggest losses i have made so far are after 10h30 and the best wins in the first 10 min. im still trying to improve my journaling, i have come to understand the importance of this aswell. reasons why i document some in an open journal are, there is nobody around me that i can talk too about trading and this gets me more in the community which i also have come to understand the importance off, and another reason was to make myself a bit more accountable. knowing that you will share your trades with the world makes you be more aware of emotional trading mistakes. or so i thought anyway because while im in it, i tend to forget that. but its getting better. i know it.
  25. 1 point
    16.Mai.19 Earnings season, I had $CSCO, $MU, $TWTR $BYND and $GPRO on the watchlist. I traded $CSCO. Red day. I have marked 54.4 to be an important level for $CSCO, At the open it broke thru the level and went up. It didn't give any pullback and I didn't want to chase it. i waited for the reversal. A shooting star appeared on 30 mins at resistence, next candle opened below the resistence. I took short and put in a range order to profit at VWAP, went for shopping. I was so confident about this one, because this also happened after 12PM, which is usually when the strong reversal happens (higher timeframes). The price went my way about 10c and then pulled up. Got me stopped out. $CSCO was very strong thru the day, even $SPY reversed to VWAP that day. Usually $CSCO follows $SPY but not today, may be due to the Earnings. Good: Patience, didn't chase at the Open, waited for the Reversal on a Higher timeframe, after 12PM. Improvement: I don't think I would have done anything different. P.S: Now I can see that when I took short after the shooting star, all the MAs are trending up. It is safer to take Reversal, when the MAs are Trending down, or atleast Flat.
  26. 1 point
    Hi Andrew, I am really benefiting from the community you and your team have established. I like the morning chat room and the educational videos. Keep up the excellent work. -Devin
  27. 1 point
    I have only been a member of Bear Bull Traders for a month. Everyone is friendly and helpful. In the short time I have been a member I have learned a lot about day and swing trading techniques. Additionally there is abundant advice on tradig platforms, setups, scanners. The things you really need to know about to help be a successful trader. I am very happy that I discovered the Bear BullTraders community through Andrew's and Brian's books. For me, it has been time and money well spent.
  28. 1 point
    10.May.19 I had the following on watchlist, $ROKU, $JD, $AMD and $UBER. I specifically wanted to trade $UBER today, after the IPO. So, saved my one trade for that. $UBER opened low and pulled up. I took an entry at the break of 2nd 15 min candle, then realized I didn't change to my Live account, it was still SIM. I didn''t want to chase the entry now, so I passed it, it turned out to be a good trade in SIM. I was watching $AAPL, saw consolidation flat top and the price breaking. Went long but got stopped out. $SPY was dumping and $AAPL followed too. Good: I was watching very few stocks and Premarket action also. I didn't chase $UBER after my SIM trade. No FOMO or revenge trading. My Partials on $UBER were good. Improvement: Check the montage settings more carefully. $UBER Trade: $AAPL Trade:
  29. 1 point
    This really is the best community out there. The moderators are very knowledgeable and helpful, and Andrew's trading is amazing!
  30. 1 point
    I'm very happy to be a part of the BBT group. The BBT team is very helpful and all your questions are answered in great detail. Such a diverse range of expertise from all industries around the world. Andrew and his team are genuine people who really want you to succeed. I appreciate all the help so far and look forward to being here a long time. Jeb B
  31. 1 point
    09.May.19 Today is a Green day. It is getting very difficult to choose which stocks to watch, as there are so many in the watchlist. I picked $OXY, $ROKU, $BYND and $AMD to watch. I traded $ROKU. I saw the three candle formation setup in 1min. A White (or Green) candle followed by small red candle (at the top half) followed by another white candle. When the third candle breaks the high, it is a setup for Long. I took it long and Partialed after few cents. The price was too volatile (1min candle was 2$). I didn't like how it traded, so got out immediately. Though the price didn't hit my stoploss, the price swing was too much for me. Of course, after that the price moved 10$, but I am not regretting my exit, I made my target for the day. Entry 72.2, first partial 72.8, final partial 72.54. the first candle on the 1min chart is a hammer. This is after a downward trend in the premarket. Usually this results in a bullish trend. But I was not watching the premarket closely and missed the first candle. May be I should spend the 5 mins before open watching the stocks. Good: I was watching very few stocks as planned yesterday I saw the 3 candle setup and immediately jumped in, no hesitation. I exited the trade, when I felt the price swing was too much for me. No FOMO or revenge trading. Improvement: I wanted to do better partials, but today I couldn't test this. May be even better entry.
  32. 1 point
    Greetings all! Like trading, the equipment is always evolving. I wanted to resubmit my trade setup as a panorama, since it takes all my attention during the morning. I have been "learning" to trade longer than many members have been on this planet. Bear Bull Traders is one of the best educational training sites around. We can learn more from watching Andrew trade for 45 minutes than a person can learn at a four year university. Trading is difficult and we all have different personalities, strengths and weaknesses. A community like BBT is the best avenue to learn and develop the skill, attitude and discipline to succeed. Also, all the moderators, Carlos, Brian, Norm are great! William H.'s recaps in the afternoon are some of the best trading education for new traders!
  33. 1 point
    Just started to day trade in January this year. Got to say, Andrew’s books are like a torch that clarifies the world of daytrading for me. Along with all the videos made by members and contributors of BBT. Thank you so much for being so open about sharing your knowledge! God bless! Here is my VERY humble trade station. There isn’t enough time to juggle a day job, trading and workout when US market opens at 830pm local time. Hopefully the only thing I’ll be losing is the extra pounds.
  34. 1 point
    I've been a member of Bearbulltraders since October 2018. I read Andrews first and second books in September along with a few other ones and I am really glad I did, his books are well written and well thought out and really gives you the tools and basics and most importantly rules and setups. I then wanted to join the community and see what real trading was like, I didn't even have a platform or setup yet, it took me about a week to realize this was not fake or a money making scheme. I then knew it was going to be something for the long haul and so it made sense to get the lifetime membership and so I did and I have not regretted it since. This is definitely not a get rich quick type of deal, it takes hard work day in and day out, but the people in this community are there to help and make it easier and they have! There is so many people I want to thank from Norm, William H, Robert H, Carlos, Brian, Abiel, I'm sure I'm forgetting people and of course Andrew who of course without him, none of this would be possible. Thank you guys so much! -Seth Aldrich
  35. 1 point
    08.May.19 Today is another red day. I was watching lot of stocks, especially this being an Earnings season. I had apprx 15 stocks, out of which I picked 4 to watch at the Open. $EA, $NVDA, $AMD, $LYFT. I think all of them traded decently and lot of traders in the chatroom traded these stocks very well. I didn't. I am still under PDT rule. So 3 trades per week. Today I had one trade limit for the day (I can trade the other 2 only tomorrow). I didn't have good sleep. Also there is construction work going on near by apartment, that is very loud and annoying. It will continue for few more days, I am afraid. I was experiencing different emotions today, I was very cautious (probably over cautious) to put my one trade on the right setup. I missed the ORBU on AMD. $AMD usually moves up 40-50 Cents, today it moved up close to a dollar after the first 15 mins. I was ready for the reversal, a Hanging man appeared on 2 min followed by a shooting star (Marked below in blue arrow). Usually this is a good reversal indicator. I went Short, first target at VWAP, Stop loss 15c. The price went my way initially, but SPY was too strong today, and i got stopped out. Positives: I was Patient, my nerves are calming a little bit unlike the first 2 days Live. I watched the indicators and had a clear plan before entering I didn't partial as the price moved only 10c. Improvement: 1. I was analyzing too many stocks, I am going to cut it down to less than 10, and then 2-3 to watch finally at the open. 2. I had a mindset that today most of the stocks are going to be bearish, after doing the Premarket tech analysis. But one tweet from the president can change the emotions of the entire market. I have to be open. 3. It may sound strange but I was like, i am within my daily loss for the day, so I am going to hold onto my position, till market reaches my Stoploss (like I owe it to the market) 4. My pshychology played me out. As I had only one trade for the day, I wanted to hold on to a losing $AMD trade, although the indications were clear that I was wrong. What indications? The 5 min chart had a clear Higher Highs, I should have stopped before hitting my stoploss (check the 2nd chart), I wasn't watching 5min chart. I have a rule that if my setup isn't working then I should exit (Guerilla trading). I was holding on to my position for full 10-12 mins, with no action. I had already realized during the trade, that the price action was too far away from 9MA (1min) and so any reversal, may only be a pullback, before going up. So far, I have respected my stoploss each day. I feel that I am missing the best part of the market setup due to the PDT rule.I may have to reconsider my Funding plan.
  36. 1 point
    Thanks Andrew for all your help and advice..I am finally starting to take it.This com munity rocks Ive tried a few and this is by far the best value..
  37. 1 point
  38. 1 point
  39. 1 point
    Risk and uncertainty is part of trading the markets; however, I am certain that deciding to become a Bear Bull Traders Lifetime Member was the smartest investment I've ever made. As a new or inconsistent trader, joining the Bear Bull Traders community will too be the best investment you make for your trading career.
  40. 1 point
    Is it the job of an owl TRADER to scan for opp ortunities with patience and an open mind?
  41. 1 point
    Two computers with eight monitors. My primary unit has six monitors and the laptop has two screens. I usually watch 8 stocks that are in play and six secondary possible continuation stocks on the overhead 2K 37" screen. I have three montages. One screen for watching the $SPY, market clock, and network connectivity to DAS. The outermost right Dell monitor is for the chat room. The laptop is my hot backup with CNBC and other news feeds. I have a Bluetooth headset and a wireless mouse. I custom built this workstation. It is basically a gaming machine. Here are the hardware spec: Intel i-7 6700K @ 4.00Ghz 64 GB of DDR4 3200 RAM 500 GB SSD NVIDIA GTX 970 with two additional USB to VGA ASUS Maximus VIII Hero ATX motherboard Intel 10/100 NIC TV stand:: Amazon ASIN: B07581Z9SM Two monitor stand:: Amazon ASIN: B07MC9YX63 I believe Andrew Aziz is a very rare person because at his core he is a teacher first, daytrader second. He is passionate about changing people's lives for those who would apply his knowledge and instructions. He is the second person I have met in person that operates his business at an incredible level of integrity. The other person with strong integrity is Dave Ramsey. Every morning, when Andrew is not summiting a mountain, he shares transparently over 15 years of knowledge only gained from an unforgiving market that does not hesitate to trap money from an unsuspecting new trader. I have watched for over two years, an excess of 500 videos of Andrew and his team's trade recaps. Andrew and his team's success is that they trade the same set of strategies that are described clearly in his book. You can be suspicious of a strategy if only one person is successful at it. You could still be suspicious of his team that trades the same strategy. If you want, you still can be suspicious when members are successful using Andrew's strategy. However, when you combine the number of trades taken by all the traders over time, the evidence is demonstrating counter to your belief. Bruce Lee said, "I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times."
  42. 1 point
    Guys, you all are KILLING it in this thread!!! I thought I had a pretty decent setup, but I’m jealous of every one I’ve seen. Great stuff!
  43. 1 point
    Andrew, Here is my trading computer/monitor set up with my standing desk in our office. The window looks out to the pool, but it's just a teaser, as we're still getting snow in May in Rochester, NY. Thanks for founding BBT. You guys are one one of the friendliest and most civilized group of traders. I am glad I joined and hope to contribute to the community in the future. Karl588
  44. 1 point
    I've been part of the BBT community since the end of 2017. I did the trial membership at first because I was skeptical of day trading but after watching Andrew's classes and Youtube videos I saw how transparent and honest he is about day trading and the risks involved. I signed up for the yearly membership and then the lifetime membership when it became available. The chatroom and resources available in the education center have been really valuable, there's so much that I learn everyday from all the great resources that the community has available.
  45. 1 point
    Andrew, Your humble and truly sincere approach to day trading motivated me to make a life change and, with God's help, here I am! Greg D (Go AZ Wildcats!)
  46. 1 point
    It took me 2 weeks (a trial subscription) to realize that BBT is indeed a community of serious traders. No gimmicks, no empty promises, no BS. Just valuable info and an enormous support of the great community. I'm just in the very beginning of my journey, and BBT makes it easier to cope with ups and downs. And god knows there are many of those in this business. Can't thank you enough for everything!
  47. 1 point
    I joined the BBT community late last year, and it has made my journey to becoming a trader much more meaningful. Learning to day trade is proving to be a daunting undertaking-- a roller coaster ride that leaves me bruised and scathed along the way. BBT has been a source of support and inspiration when I needed it most. Andrew is a breath of fresh air compared to other trading "gurus". He is more than a mentor- he is a "long-distance friend" whom you can joke around with while he doles out invaluable knowledge and experience. The culture he has built around BBT is one of respect and support. I have often felt encouraged rather than intimidated during chats. It is truly a joy plugging in to BBT everyday, and I'm proud to be a member of this community. Edit: I'm Mark A on the chatroom Current Setup: Desk: Ikea Linmon 59"x30" table top, VIVO Electric Stand Up Desk Frame Workstation Monitor: LG 27" 4k, LG 34" Ultrawide 2k, VIVO Dual Monitor Desk Stand Free-standing LCD mount Desktop: Dell XPS 8930 Special Edition Intel i7-8700K CPU 3.70GHz NVIDIA GeForce GTX 1080 8GB 64GB DDR4 Memory at 2666MHz 512GB PCIe M.2 NVMe Solid State Drive 2TB SATA Hard Drive Hotkey: Elgato Stream Deck 15 customizable LCD Keys UPS: CyberPower 1500 VA 900 Watts 12 Outlet UPS
  48. 1 point
    Hi, I am really happy that I joined BEAR BULL TRADERS community. I tried roughly 10 different chats in the past 2 years, and nothing compares to Andrews room. Everyone who is on microphone during the day are very helpful. The most important thing is that I became a consistent trader. This community provides the best tools, educational content and a support. I am a member for life. Thanks! Sincerely, Stockoperator
  49. 1 point
    So far I have run DAS on Parallels, and directly on a native Windows 10 install (bootcamp). It was running flawlessly for me until last week (about 2 weeks of trouble free use). I was running dual monitors, multiple windows across both, etc. THEN, a problem, which I have just given up on. I created some custom hot buttons in my montage window, and they were working fine for a while. Then, all of a sudden, they compressed vertically, and are so thin that I can't really use them effectively--I'm afraid I'll mis one and click the other. It's very strange. Same issue on any Windows environment on the Mac. After fighting it, I setup a spare PC with my existing DAS layouts, and they loaded up fine. No idea what the issue is, but I have given up trying to use my MacBook Pro with DAS. Good luck!
  50. 1 point
    I briefly tested DAS on my iMac and it worked fine, however I didn't use an emulator, I booted directly to windows. I would be wary are running DAS in crossover. If you have to use emulation, use a windows emulator like parallels or Fusion.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.