Leaderboard

Hi folks, here is a copy of the playbook template I discussed in the Feb 14 recap. The file is obviously a sample meant for each individual trader to complete with their own strategies, patterns, and setups. https://drive.google.com/a/bearbulltraders.com/file/d/1bmu3XzT_KtzTfya2Fo7Uqc7DZG_N7q-B/view?usp=sharing Please download a local copy as .xlsx

Hello BBT Members in Calgary, I am in Calgary, it will nice to connect with BBT members in Calgary interested in having trading buddies. Please reach out if you are in Calgary. My email address is [email protected] Cheers Adi

Really great. Thanks so much for putting this together.

Day 119 - Jul 1 , 2020 11 Tickets 2 Symbols Green Day Personal: Canada Day today..wasn't rested at all, up late....ended up sleeping in. Got to screens late, but did all research and market prep - was not rushed. Accepted fact i was late and was fine with it - much clearer mind set. Goals for the day: Report Card = 100% Watchlist: RVOL at open: Trades BYND - Short - Asymmetrical Triangle BYND Forming tight consolidation just below VWAP, tried to push through but rejected VWAP and VPoC and broke through lower trend so I took it short. Stop above VWAP (pivot high - but too wide) Look for LOD+. Broke down but SPY is strong and has a positive catalyst - will see what happens. Looking to take some off into 144.5 PM Level and then hold on to the rest. Didn’t like the 5min hammers and break of downtrend so took the rest off. Ended up hitting right at PM Level I exited first time and then dropped another 6 points. Good: Good read, perfect asymmetrical triangle here with rejection off VWAP and a shakeout candle right before the drop. FDX (1) - Short - Descending Triangle (LOD Break) Was looking weak coming down forming a descending triangle just above 158. Took it short as it broke down, although 158 didn’t act as much resistance… Ended up taking half off right away on fake breakdown doji (In game plan) and got stopped out for the rest. Good: Following game plan Improvement: SPY moving up - was not playing with market. Note: 12:18 - FDX setting up a descending triangle. Would like to see another rejection at 159 and then come back down for the break. - Did not follow my own plan, took a loss because of it. FDX (2 ^ Above) - Short - Descending Triangle (LOD Break) Trying it again on the drop - didn’t like the wide bar - but selling coming in and thinking we could see a run for rest of the day. Took some off into Premarket Mirror level, and then didn’t like the potential bottoming volume hammer doji so took some more off. Came down had some more increasing volume and doji right off 155.90 level - looked like holding so I covered some more - final partial was break of downtrend. As soon as I got out we put in a real nice reversal shooting star for potential short - but 5min buying is coming in - change of character. Good: God job sticking with this - overall was weak and I hit stock with what it presented me. Improvement: Look for a better entry here - stop was way too wide. Better entry would be break down, and reject around 13:10 - should be adding into this, as stats show re-test is a great entry. Trade Ideas (Potential Trades) 10:36 - INO - Long squeeze out of asymmetrical triangle (Winner : 2-3R) 10:44 - FDX - Bear Flag looking weak below VWAP. Thinking this will flush, target 158 (Winner : 4.5R) 11:06 - INO - looking like a bull flag VWAP Break and Go - too wicky to topside (Loser) 12:18 - FDX setting up a descending triangle. Would like to see another rejection at 159 and then come back down for the break. Took this trade…didn’t wait for rejection - came up to touch 159 to the penny 12:33 - BYND setting up for ascending triangle off level I have marked (mirror) . (No Entry - Broke below previous low ) 12:33 - FDX testing downward trendline - will see what happens here. Would be more comfortable shorting this as it break again but will see. Wanting to go short at the top of trend - but know its better to wait. 159 showing some size (44 lots vs 1-5 lots other levels.) (Winner) 13:24 - INO Asymmetrical still holding. Also a Bear wedge with lots of bids at 20 - missed the 20 breakout would be chasing at 19.8 (Winner : 3-4R) 14:07 - INO Huge bid at 19 - 1000 lots. Not a great entry unless it consolidated there for a while and continues to hit that level. Broke right through within seconds (No entry) 15:15 - INO breaking out 20.20 level after holding MAs and putting in a Few hammers - 20.20 entry 19.87 stop (Loser) 15:37 - BYND asymmetrical short below 141.6 and long above 142.5 (Loser, but no Entry - no trading in last 30min - stats are terrible into close) Trade Review Goal 1: Playbook Setups Only = PASS Goal 2: No Adjusting = PASS Wasn’t going to trade as It was Canada Day and wasn’t rested up. Got to screens late, but did all the prep and just started trading later in the morning. Ended up taking a few trades, happy with entries they matched majority of my criteria but stops were too wide - therefor got less shares to keep for the bigger move. Trade management is still the name of the game for me… NOTE: Have started keeping track of "Trade Ideas" for trades that I am thinking of taking, but don’t for one reason or another. If followed to game plan - would have had another 6R + on the day if they were taken. Will keep monitoring, with more detail that way I can see WHY I didn’t take them when I should have…… Things I did well: Followed rules for when I wake up late - did full research and took my time getting into trades. Playbook Setups and Adjusting Stops Things I did poorly: Trade Management - should have been up an additional 2R if exit strategy was followed. 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%

Thanks Tom - ye that INO is close to perfect setup for me. Mutli Touch to the penny, breakding VWAP and on the backside of a daily parabolic. I am in and out of SIM, have in been in SIM for last little while trying to get my edge figured out. Have been struggling with my trade management and sticking to rules. Has been a little better latley - 2nd week sticking to rules,, will need 1 more solid week and then ill be back live. How about you?