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Showing content with the highest reputation on 08/10/2019 in all areas

  1. 2 points
    You're doing well! Skimmed through your journal, I love how you trade, especially with you being a beginner! That's really awesome!
  2. 1 point
    Updated: 8/8/2019 @ 12:44pm (PST) Finally out of the alpha stage and releasing this to the community, I've been using it with success. Because I had to do some musical chairs with memory I made a configuration utility as the script itself is very ugly. This is more of a BETA release for this, so if anyone wants to try this out in SIM and let me know if you have any issues with the configuration sheet or the hotkeys themselves. It's based on the work started by @fjmocke here: https://forums.bearbulltraders.com/topic/469-das-calculate-shares-based-on-account-risk/ . What it is: It's a hotkey command script that can be used to dynamically alter the share total based on: Available Buying Power (capital) Stop Location (Risk) % Account Risk OR Fixed Dollar Amount The script includes purchase power protection and won't send an order that you can not afford, it does this by calculating two factors: A - Shares You Can Afford B - Shares at Risk Parameter (e.g. $25,000 account equity, 1% risk = $250 risk, $250 * a stop distance of .10 = 2500 shares) min{A,B} = 0.5(A + B - | A - B | ) But, why male models? I just told you. /Zoolander reference You'd use this to calculate your share total based on what you're willing to risk. So instead of blindly throwing 500 shares at every setup, you can dynamically alter risked amount based on the per-trade setup. I use it on my StreamDeck (will also release the icon packs soon) with modifiers of 100%, 75%, 50%, and 25%. 100% is the A-Plus setups I see, those I have HIGH confidence in. Alternatively, if a stock has a large spread or is low-float, I may only use the 25% modifier key for those. Instructions for Configuration: Go to this link: V2.1: DOWNLOAD ^^ Recommend latest DAS version of 5.4.3.0. Requires DAS version 5.2.0.34 or above (current BETA branch as of 11/19/2018) for the physical stop portion to work. If you don't use the physical stop, you don't have to worry about it. NOTE: Thoroughly test in SIM to make sure it's doing what you expect it to do. Choose: Download the ZIP file and unzip to where you want. On "Setup & Instructions" configure your settings. Account Leverage (default for DAS is 4), this is the margin your broker gives you. Some off-shores give 6. It needs to match what is configured in DAS for proper calculations. Max Account Risk %. This is the maximum percent of equity you're willing to risk on every trade (default is 1%). You can always risk lower (more on that later). % of Total Buying Power. If you don't want to calculate based on the total buying power of 100%, you can set this to a lower percentage (example: 100,000 buying power with 60% here equals $60,000 maximum position size) Route. LIMIT, MARKET, SMRTL. Default is LIMIT. Order Bid/Ask Offset. This is the offset you use when you send the price for order, e.g. "Ask + 0.05" (meaning fill me up to 5 cents above ask) Time in Force. Default: Day+ Default Shares. This is the amount of shares you want to set as the DEFAULT SHARES for all trades (e.g. when you click a Symbol and it loads, this is the share total). You can see why this is here in the technical breakdown section below. Minimum Stop Buffer. This is an offset to the stop distance. If you set this to 0.05, it'll add 5 cents to the stop distance calculation (so if your stop distance is 0.05, it'll be calculated on 0.10). Switch to the "Hotkeys" tab. Choose your preferred style. % Risk of Equity (Dynamic) or Fixed Price (e.g. $150 risk). %Equity Risk: Use the drop down to select what you want the value to be % equity. NOTE: This is a modifier AFTER your account risk maximum %. So if you have 1% account risk, and set this to 50%, your effective account risk is 0.005 --> 0.5%. $ Fixed: Use the drop down to select what you want the value to be for dollar risk. Select "long" or "short" to flip the script's direction. Click the cell that contains the start of the command (E column) and Ctrl + C (copy). Paste it into DAS. It should look like a sample command below. Instructions for Usage: First, you must have "Double Click to Trade" turned on in Chart, Right-Click --> Configure --> Settings --> Double-click to trade. Double click the chart where you want to set a mental stop (it does not place a stop order, you can always put one in after). Hit your configured hotkey. Sample Scripts: LONG: DefShare=BP*0.98; Share=DefShare*0.25* Price * 0.01; Price = Ask - Price + 0.02;SShare = Share / 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; DefShare = 500; SHORT: DefShare=BP*0.98; Share=DefShare*0.25* Price * 0.01; Price = Price - Bid + 0.02;SShare = Share / 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; DefShare = 500; Technical Breakdown: DAS has basic scripting. Montage commands have access to very few read/write variables, basic operations, and only operators of addition, subtraction, division, and multiplication. To do this calculation we need additional operators (min function, and absolute function) and more memory for storage of variables. This command gets around these limitations by using user-writeable areas of memory in the program. Since DAS is written in the C++ language (from what I can tell), it's strict on what can be done in these existing memory locations. The hotkey uses the following items (plus the usual Price -- FLOAT): (Assumptions on Datatypes) DefShare -- INT (Used as a temporary variable for storage) SShare -- Unsigned INT (Behaves like an Unsigned INT in certain situations. Used as a temporary variable for storage) Share -- INT (Used as a temporary variable for storage) With the 3 INT variables, objects are moved around in memory so that we can calculate and compare with our variable limitation (be much easier if we could assign our own). To facilitate the ABS() function, we use a trick --> When a negative value is placed into an Unsigned INT it loses it's sign (thus, it becomes a POSITIVE value in memory). A more detailed technical breakdown (step by step) is located in the Configuration spreadsheet up above. Future Enhancements: If need be, I can make a step-by-step video of this entire process. I have a version that uses an AutoHotKey macro to drop a line at the stop location, I can upload that as well if people want it. ^^ Update, I discontinued this as it was too cumbersome. You had to have two sets of hotkeys for each command. I may someday revisit it if I can build out a configuration tool for it. TLDR: It does the math for you so you can risk a known amount (% or $) based on your per-trade risk position (stop distance). And yes, I'm a bit of a tech nerd. Also, longest post .. ever. Would not read again, 0/5 stars. --- KNOWN ISSUES: %Account Risk gets smaller and smaller when subsequent open positions Reason: No Equity variable, we reverse calculate equity using Buying Power. On subsequent positions, the % (e.g. 1%) calculation will be based on the available buying power and NOT the account equity. Workaround: Precalculate the %risk and use it for the $risk versions. So 1% of $25,000 equity equals $250. SSR rejection on LONG position when scaling out; rejection message (e.g. "Short marketable limit order disable due to SSR!") if using the automatic STOP trigger. Reason: DAS calculates that the position will drop below the open stop order position and reject as this can cause the position to "flip" if it was triggered. Workaround: Have a hotkey to clear the open orders (CXL ALLSYMB), clear it, scale the position (e.g. 25%). Either replace the stop or switch to a mental stop. Alternatively, you can add "CXL ALLSYMB;" to the front of the scale-out hotkeys. You just have to be cognizant to replace the stop order. Equated position size if very small (e.g. 4 or 5 shares when expected is hundreds). Reason: Wrong side was used for the order. E.g. a long hotkey is used when trying to go short. -or- Stop Distance was calculated to be a negative value (clicked too close to current price). Workaround: Be cognizant of the hotkeys used and the stop distance clicked. Clicking too close (a really tight stop) can be very dangerous if you do it inadvertently. TriggerOrder for automatic STOP placement not being sent (no stop order placed). Reason: Montage is not set to a style that doesn't allow TriggerOrder input. Styles not compatible are: Default [DAS's, if you changed it], Basic, OCO, Option, Full Fix: Use a style that is compatible, they are: Stop Order, Detail, Trigger -- I recommended using the "Stop Order" montage style. To change this, right click the montage area around where you'd enter a price and select Style --> Your Choice. --- UPDATES: 10/17/2018 - Added v.1.1 link, you'd need to use the new version to change anything. - General cleanup of the script. Added instructions for the IB issue (discussed in this thread) - NEW FEATURE: Added a new section to the Hotkeys sheet, it will now create a set up for Dynamic Scale-In hotkey commands. You'd use these by setting a scale value (say you want an additional 50% of your current position size). The hotkey will calculate the maximum share you can afford (how much you can afford at the moment) and the scale value, choosing to take the least amount. So if your current position is 1500 shares (@ $50.00) and you want to scale in at 50% your current position, it'd check if you can afford an additional 750 shares, if you can't, it'll buy the maximum you can afford. For this example, you can't afford it (if Buying Power is 100k), so it'd buy roughly $25k worth (500 shares). - CLEANUP: Cleaned up the $Dollar Risk version and removed unnecessary steps. Don't really need to replace yours if they exist, but worth noting. 10/30/2018 - Added @Michael P's suggested fixes for Excel. Configuration tool should now work in both Sheets and Excel. - NOTICE: This was a configuration tool change, no changes were made to the hotkey scripts, so no need to change any existing hotkeys. 11/19/2018 - Shortened some of the commands so we don't hit any hotkey character limit, makes them less readable, but shorter. Couldn't get them low enough to fit the montage buttons though (although removing the portions for the buying power rejection protection would likely do it). - Added a section for SELL/COVER buttons for people who just need to create those. E.g. "Sell 25% position" or "Sell 33% position". - Added @Robert H's stop suggestion. New fields on the setup page for enabling physical stops. If enabled, it'll place a MARKET or LIMIT (settings included) trigger order to go into the market once the initial order is fulfilled, these are placed at the location you double-clicked on the chart. 11/20/2018 - Added a stop-order setting to set an additional buffer for the stop price (for those that want to include or exclude the double-clicked price). - Added conditional formatting to subdue the stop settings that aren't required if you disable sending a physical stop into the market. 12/10/2018 - Added a known issues section to this post and the spreadsheet (for when a new version goes up). 12/12/2018 - Updated known issues section to include the "Montage Style" issue for TriggerOrders. 12/13/2018 - Updated to new version 1.46. Fixed a bug in the Trigger Order script which could cause it to not be interpreted by DAS's command parser on certain user settings. - Added "modifier" extra hotkeys. See instructions next to these on how to use them. - - - Set Stop to Breakeven - Long or Short - Stop Limit or Stop Market (cancels any pending orders for SYMB) - - - Set Stop to Breakeven - Bidirectional - Stop Market (cancels any pending orders for SYMB) - - - Stop - Update Price - Long or Short - Stop Limit or Stop Market (cancels pending orders, double click chart where you want stop before firing hotkey) - - - Stop - Update Price - Bidirectional - Stop Market (cancels pending orders, double click chart where you want stop before firing hotkey) - - - Stop - Update Position - Long or Short - Stop Limit or Stop Market - Replace (requires you double-click the original stop in the Orders window) - - - Stop - Update Position - Bidirectional - Stop Market Orders Only - Replace (requires you double-click the original stop in the Orders window). 8/8/2019 - New version 2.0, download the .zip file and unzip it. - Fixed an issue with some hotkey configurations that may have caused them to be inaccurate in vary rare situations. Recommend recreating your hotkeys in this new version, just to be sure. - Added Profit Target hotkeys. - Added % Scale-In Hotkeys - Added $ Risk Scale-In Hotkeys - Added Short-SSR to Long/Short dropdown for SSR hotkeys (DAS Simulator) - Added Range Order hotkeys - Added Y-Margin Scale Increase hotkey, Y-Margin Decrease, and Y-Margin Reset - Added new sheet "Example - Equity%" and "Example - $Risk" to give a more workflow outlook on what is happening. - Included a ScaleOut worksheet to manually simulate what different scale percentages / scenarios look like (instructions will be in the video). ALSO: Video is done and rendering, I think it comes in at 45minutes with 3.4gigs (4k), so it'll need to be optimized before I upload it to YouTube. Will try to do it today and will update this when done. 9/10/2019 - New version 2.1 released. Just general clean up (UI) and bug fixes. - FIXED: Issue with the Scale-In $Risk hotkeys. - FIXED: Issue with the Stop Update Price long and short hotkeys> ^^ If you use either of those, please regenerate them and replace in your DAS to avoid issues. UPDATES: The majority of this side project is completed and besides a few requests I have in with DAS developers to optimize a few things, out of any major bugs or improved scripting features, I'd say this is about done. I'll provide any edge-case support as need, but I want to move on to other BBT-community projects. So what do I have cookin' for you guys, gals, and cat? You'll see a glimpse in the video of an early prototype (buggy! I programmed that in a few hours, so bugs are expected) of a DAS calculator side program. The newer version (need to finish the UI) will incorporate a lot more in ways of tools for you, including automatically calculating changes without a hotkey intervention. It also allows you to mass-process trade log .csv files you may have exported and compile it into Excel or .CSV for import into other programs. Configuration is drag/drop friendly, so rearranging your columns is as easy as click and holding. I'm also going to shift my attention to finishing my ORB-strategy research. Right now, my datapool encompasses 15000 news article, gaplists for 2011-2019, and 1second data for stocks in that range. It's a data store of roughly 80 gigs. The idea is to test for hidden signals we may not see that can indicate a potential direction of an ORB strategy (if no rare outside influence occurs, like a terrorist attack) by leveraging a consortium of machine learning algorithms to give us a higher probability of success for each day. Depending how the research works out, the end product would likely be a probability predictor for each day. I'll share the research results with the community and may incorporate some other tests as well. VIDEO: Ok, so I may have gone down an editing rabbit hole and that took longer than expected. The videos are up, came in quite long so I chunked it down. Sorry it's a tad scattered and not one-linear cohesive unit, but I tried to mark it up as best as possible. Part 1 - Config / Math - https://youtu.be/YrRrydwGyRY Part 2 - Setup, Quick Examples, Tips - https://youtu.be/pXLlWF7T6hw Part 3 - Sim Trade Example - https://youtu.be/SO9UhJh4dTc Bonus 1 - Scale/Price Excel Calc - https://youtu.be/KTr_iJ2p0TU Bonus Tips - https://youtu.be/sNHXFMoia7A
  3. 1 point
    Lol) It's ok buddy! I'm happy you found the help you needed in our community! I really hope this is the beginning of a very bright future for both of you!
  4. 1 point
    Just watched you recap! You're doing well! Love your early entries, and entries on pullbacks, that gives u decent R/R most of the time! Keep up doing what u r doing right now!
  5. 1 point
    Week 32 Recap Ok week for me. Two live trades both winners. I regret not taking a couple other trades I was on Tuesday and Wednesday. Friday, I saw a trade in the afternoon that I almost took live but didn’t because I don’t trade in the afternoon but it ended up being a great trade. · Weekly stats o 2.9 planned R/R (Goal: above 3.0) [Previous Week: 2.5] o 8/8 100% (Goal: above 80%) [Previous Week: 94%] o $41.50 (Goal: $150) [Previous Week: -$73.67] o 2/2 100% trades with the trend (Goal: 100%) [Previous Week: 33%] o ½ 50% Non-optimal Entries (Goal: 0%) [Previous Week: 42%] o 0/2 0% Letting Losers Run (Goal: 0%) [Previous Week: 0%] o 0/2 0% No Setup (Goal: 0%) [Previous Week: 17%] o 2/2 100% true win percentage (Goal 45%) [Previous Week: 33%] · Highlights o All green trades this week o Great handle on emotions o Taking 1 live trade a day seems to be the right thing to do. · Ongoing things to work on o Have to take that 1 trade everyday o Try next week to take 1 live trade every day. o I’d like to work on my ORB setup in sim next week o Keep working on sticking to 3R range orders.
  6. 1 point
    Decided to make a video on this topic. Enjoy!
  7. 1 point
    Rob, this is such a great thread. It's extremely interesting. At the same time, it makes me think that I have a lot further to go in my development as a trader than I previously believed to be the case. I really ought to look into taking this course as well. Thanks for the post!
  8. 1 point
  9. 1 point
    You're putting a lot of effort here buddy! Thank you!) It's in my bookmarks! Will keep an eye here
  10. 1 point
    9.Aug.19 Small Green day. 2r. Happy with my trading today, although my profit is small. After the target, switched to SIM after long time and made some nice trades. Watchlist: $ROKU, $UBER, $DXC, $FTCH and $RKDA Trade 1& 2: $ROKU. Gapped up at the open, waited for the pullback, but late on the Entry. So took 1min ORB and got out at 2R. While putting a range order made a mistake and exited completely, like an idiot. Waited for the next setup. 5min formed the PB-BE setup on the 3rd candle. Took it long, got a partial at 2R, added on the pullback. But the price seemed to be rolling over so got all out immediately. Trade 3: $FTCH. Gapped down at the open. took it short after the price couldn't break up all the MAs. Din't get the move quickly, so got out BE. I usually move on to other stocks to avoid Revenge trading. This one had a nice shooting star on 5min. Could have taken short. But there is always another trade. Trade 4: $RKDA. Took a small size on $RKDA premarket, took a partial, and then stoped out. There is no leverage of Range order, so I must get out immediately after the price broke my SL. Did just that. Switched to SIM and traded $DIX for a reversal at 11.35AM, as the price was bottoming. had 70c move against 20c stop. Traded $MSFT reversal on Double bottom at 12.30, had 50c move against 25c stop. Took a Long position in $AMD for the break of $35. Good: overall good trading day, as losses were very small and wins big. Also had some good trades in SIM. Improvement: must avoid these hotkey mistakes. $ROKU was a nice ride up. Also on the 2nd entry in $ROKU, i could have gone with big R instead of r.
  11. 1 point
    8-9-19 Rested well no work last night with 7 hrs sleep. woke at 7:40 SSS and a Bucci Pay Attention To: Look at my sticky note for PAT before trades...... Continue to watch the spreads.......... Make sure I have clear R/R........... Take less trades with a more clear pattern...... Pay attention to LVL2 before I take the trade...... No Trading in the first 5.............. stick to stocks 15.00 - 90.00 I feel good about this tough day..... most have said the day was tough to trade...... Took 5 trades and found patterns and used the LVL2 like a bible for my partials and all outs......... I did not trade the first 5min and I did stick with my price range +NKTR 18.14 I took this on mainly an ORB with confirmation on LVL2 with S/T 18.00, 18.45 My plan is to partial out 25% at 1R taake 25% more at 2R and once it breaks to 50MA take more as it goes...... I took 25% at 1R as planned then took another 25% at 1R because of the BIDs on LVL2, it did move up to my 2R where I partialed out another 25% and instead of waiting for BE I went all out at 1R again due to some large BID orders in the lower price range +47.14 +AMD 33.62 Break of and a bounce off VWAP S/T 33.52 below VWAP, 33.92 Yesterdays Close I partialed out at 33.70 due to large BIDs in LVL2 and all out at BE with more large BIDs inLVL2 +10.00 +AMRN twice 14.79 double bottom reversal but I waited way to late wanting more confirmation, LVL2 was pretty flat. Only reason for the first partial was because I took too much share size and wanted to get back to where I should be. my S/T was very tight at 14.76 bottom of this 5 min candle and 14.86 break of the 9 and 20 and hopeful for VWAP. I partialed at 14.87, 14.83 and all out 14.81 all due to the LVL2 orders 14.74 tripple bottom and I didnt want to wait. I did have good confirmation on the LVL2 that the price action is going up My S/T 14.70 previous day level 14.84 break of the 9 and 20 and hopeful for VWAP I should have partialed out at 14.80 as the LVL2 was turning but I held on to a BE trade which if i stuck to my plan this would have run up to 14.89 15min later I also did not take proper share sizes (way too little) and cost me money +22.07 +MU 41.02 break of the 9 on 1min also after a DOJI on 5min with good volume and good LVL2 price action S/T using the previous DOJI top and bottom of 40.95 - 40.17 shooting for the 20MA of 41.25. I ended up partialing out and all out at BE due to more crazy BID action on LVL2 +11.25 Cons: I did not take proper share size on AMRN costing me money (should have been triple).... I do feel like I still have trouble trusting myself and I wait for too much confirmation before entry... I think I may be getting a little too tight on my R/R...... Pay attention to resistance averages, too many to trade into..... Pros: I did use LVL2 like the bible and it saved me a bunch.... I did stick to PAT and Sticky Note...... Note to Self: Choose share size wisely.... Try to find setups with larger price action......... I will continue to use my same Sticky Note...... P&L Target 50.00: 90.46 I will continue to watch and take more SIM of SIM trades
  12. 1 point
    Friday 8/09/2019 I had a well-being score of 6/10 this morning. My nerves were actually quite good. Eager for the open. Which is surprising since I had 2 days of all losses. I took 1 live trades with AAPL and a few SIM trades. Like the rest of the week, in the premarket I saw no reason not to keep AAPL and AMD as my two main focuses. PM looked OK for both but I had no bias for either stock at the open. AAPL dropped immediately at the open and bounce back making a really nice hammer. I am starting to really like entering a trade with the 200MA in my way. It seems to pull the price toward it at the open (at least with AAPL). Though I must take a partial there because it may bounce. There was no really good target, So I had to take the 202.50 level as my target. The price has been respecting the half dollar levels this week. My stop was tight at the 201 level, which saw respect in the premarket. This gave a R/R~3. I should have waited for the price to break the 201.39 daily level first. But I really liked the setup and was worried that it would pop when it broke that level, and I would miss my entrance. So I entered below that level and my shares were a little light since it was a Friday. I took my first partial just below the 200MA-5min and my next one just below the 201.96 daily level. The price just about made it to my target of 202.50. I exited when price broke back through the 202.10 level which the previous three 1min candles respected. I still had alot of shares left so I didn’t want to hold to break even. Though I took quite a few partials I was good about keeping each quite small. The chart when I took the trade. The entire trade: I then took 4 SIM trades and was stopped out on 3 of them. Wow, I have a lot of work still to do to find another setup. Score Card (live trade) AAPL 90% What I did good today: Though I still took frequent partial profits I did keep them small. What I am grateful from today? I am really glad I finished the week with a good trade. What do I need to improve on: Finding another working setup.
  13. 1 point
    9/8/19 Feel pretty good today despite yesterday. not much to report. And had a reeeally good day, took perfect setups and was very patient. i think wednesdays and fridays are my good days 6 trades: 3 winners (ABCD, ABCD/VWAP bounce, wedge breakout) 2 losers (false breakout, trend trade) 1 at break even. (ORB) Trade 1:5 min ORB on AMD, got in before andrew though so i wasnt blindly following. had a nice entry on a pullback and got 1 partial then stopped out at b/e. Trade 2: FTCH very weak at the open, looked like a VWAP reversal then a false breakout was happening so went short below VWAP but stopped out. still happy with this trade as it was a proper setup. Trade 3: UBER was consolidating then punched through VWAP with volume then started consolidating. kinda like an ABCD i guess. got a great entry and partialled all at the right Rs for my rules. Trade 4: looked like the start of a trend trade so i tried to go short after a pullback but stopped out above the 20 on the 1 min. these usually dont go my way until later in the day, need to remember that. Trade 5: kinda the same trade as i took on UBER before. it came down and bounced off VWAP so i went long when it looked like it was losing it then patiently waited for my partials. Trade 6: this was my favorite trade. NKTR i was gonna get in and then it started running before i entered and it ran for $2 and i didnt chase it which i was happy and sad about. but later i saw this ascending triangle form, i got in near the bottom of the triangle to reduce risk and waited for it to pop, it did exactly what i thought and i was so confident i waited and got much more than my 2:1 Rs out of it so i was very happy. Really good day overall. hopefully many more like this to come.
  14. 1 point
    August 8, 2019 - Profit Target ($AMD) Today was a good day trading. I had $KHC, $CRON, $AMD, and $SYMC on my watchlist. I dropped $CRON as soon as it sold off as I did not have shorts. I started watching the other three and really was looking to $SYMC long at the VWAP when I noticed $AMD sold below the VWAP and right before the close popped back above right below a 31.83 level that I had marked. On the chart I moved the line up to my 1R level. I decided to take it long if it broke above that level. It had a couple of candles that tested VWAP again that really pushed my limit on my new profit taking plan. Additionally, Andrew was in the same trade long and decided to get out. As it was holding the 9 EMA, I decided to stick to my profit taking plan. I took a partial at 1R and 2R. I set a range order to exit at the profit target or at 1R. This would give me a 1.32R if I hit my 1R again or a 1.49R if I hit my profit target. I make a mistake and put the wrong range order in, so I ended up buying more shares. Luckily for me the stock continued to move up and once I realized the mistake I exited the trade. I ended up with a 2.14R. Overall I was happy with the day. 1 trade left in the sample set. If I get it in tomorrow I will record it, but if I do not, I still plan on trading my new sample set on Monday. Sample Set Results, S E P S P 16 G G 20
  15. 1 point
    Latest version (2.0) is up. See changelog in original post. Video is rendering and will be up today or tomorrow. The video came in around 45minutes to 1 hour, so I'll include timecodes to jump around. I try not to ramble, but I cover *a lot* of scenarios to try and simplify this as much as possible for people. I also included a voice-over trade of me using it that I recorded a few days ago so you can see my workflow and how I use it in everyday trading.
  16. 1 point
    08.Aug.19 Green Day. 2R(4r) . I took a Pre-market trade in $ROKU after watching the earnings last night. I almost met my goal this morning even before the open. I could have stopped trading, except I didn't Watchlist: $ROKU, $AMD, $CRON, $GDOT. $ROKU and $AMD watching at the open. Trade1: $ROKU. Took this premarket at around 7AM EST, very small sharesize. On the 5min, it was a Clear ABCD pattern. Got 2R for the trade (I have 2 Risk sizes - regular 'r' that goes with A/B setups and Big ''R'' that goes with my A+ setups) Trades 2&3: $AMD. Gapped up on good news. Took it long after the pullback to VWAP for long. Made a hotkey mistake and got out. Took another entry (Chasing) got out at 'r'. Total loss 2r. Trade 4: $UBER. dropped at the open pulled back to 200MA-1min. thought it was breaking down and took it short. I was quick to stop after not getting the price drop. Good move. It was strong. 1r loss. Trades 5&6: $ROKU. took VWAP breakout for Long (as the stock was very strong) got stopped out. Went long after the bounce off 200MA(1min) for Trend trade. Got 2$ move. Good: Was very patient today with my partials, esp the last trade on $ROKU and got 3$ move. My last one trade covered the losses of 4 losing trades. I added to the position too and stopped out at the right time (before the dump). Traded premarket against strong fundamentals and was patient with partials, Held this for 2.5hours. Improvement: So after my first premarket trade I was up 4r. I made 5 more trades and back exactly at the starting point ie) 4r. May be I should stop after one losing trade beyond achieving daily target. Pay less commission.
  17. 1 point
    07.Aug.19 Green day. 2r. Overall good trading day. Losses were small. Cut down losses where possible. Some good winnners and some scalpers. Today was tag-team trading with JaredC at the open, as we exchanged updates in the chat. Watchlist: $MTCH, $DIS, $TEUM and whole lot of other stocks which were moving with SPY. was watching $MTCH and $TEUM (i had a small position premarket) at the open. None traded very well in the first 5 mins. Trade 1: $BAC. Jared took a short at the open. I liked it and waited for a pullback. Entered close to VWAP. It was a nice trade, but the Harmonious setup didn't give lot of move. It formed Double bottom and moved against me. Trade 2: $TEUM. Took a long Premarket for a pop up to 4$, didn't give me the move, I got out Breakeven. Trades 3&4: $NEWR. $NEWR was forming a wedge Took it short at 9MA stop 20MA, price moved 1R and stopped me out. Took Long at the MA cross got stopped out again. Trade 5: $CVS. Scalped 3 times on a good trend. Would have been nice trend trade, had I held on to my 2nd entry. Trade 6: $DIS. Moved with SPY, took it short below VWAP. Partialed at 1R, 2R, 3R as was worried about the false breakout. And so it happened. Trade 7: $MTCH. Another scalp on a trend trade. Good: Losses were small. Partialed and moved the stop to BE. Scalping worked in some cases to lock profits. Improvement: Sclaping on a Trend $CVS and $MTCH, missed big profits. Overall happy today, after the 2X max loss yesterdady. I am working on different Rs for Different setups. Will implement this soon.
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