Hey everybody, Today is quite an important day for me. I've finally managed to get back to break even after being in the red for 4 and a half years since I started day trading. I'll be honest, I was starting to doubt my ability to ever become a profitable trader at the end of 2020, and I thought about quitting. Investing so much time and effort for years, only to see money disappearing from your account is very hard on morale, of course. One thing that kept me going was the fact that, even though my account wasn't getting better, I felt like I was always making a little progress on both the technical side and the psychological side. I figured if I kept going, one day, I would finally turn the corner. Well, I turned that corner at the end of 2020, when I changed my approach, strategy and tools all at the same time. It took me 4 years to lose 25000$, and only 6 months to make it back. And frankly, I'm pretty excited to see what the next couple of years will look like as I'm only starting to ramp up my size. I wanted to share this with you guys because this chatroom is one of the reasons why I was able to make it work for me, and I figured it could help motivate and inspire anyone that is still struggling to find their marks and make it work for themselves. As you can see from my total realized P&L of the last 4.5 years, I had a pretty long and difficult journey. I just wanted to say this: As long as you feel that you're progressing at least a little, and if you like what you are doing, make sure that you give yourself the time and the tools to keep going because you never know when you'll be turning that corner. I surely didn't expect it, not more than a year ago I was about to call it quit, and it would have been a monumental mistake. Let this be an inspiration for those still struggling.

Thanks!! Sure, here we go: 1. the large drops in acct was "hulk" days ? Yes, some hulk days and some "deer in the headlights" days. 😄 2. Which tools u changed ? I went from DAS to TWS+TradingView for 2 reasons: 1- I wanted to trade options instead of shares, and TWS is much better than DAS for trading options 2- DAS is pretty expensive and I felt the monthly cost was pushing me to take trades to "make use of what I was paying for" and I wanted to remove that pressure. TWS is free, and TradingView is pretty cheap (around 300$/yr) compared to DAS, and I was already using TradingView for technical analysis anyways., I just love those charts and I find they are less taxing on my computer when calculating indicators in real time. 3. General or detailed info on strategy/setups and or risk reward as u profits are also very dramatic ? I used to scalp shares of stocks in play at the open using momentum, ORBs, engulfings, etc... kinda like what Andrew is doing. I was watching at least 4 to 6 different stocks every morning. I was also watching the level2 and Times and Sales for my active stock. I was using the automatic share size calculator by Kyle. It's complicated to explain exactly why it wasn't working for me but anyways... When I almost gave up in December of 2020, I decided to give myself only 5k$ for the whole year of 2021, and if I lost it all in the first week, just too bad, no trading for the rest of the year. And so, with such a little account, I had no choice to try options trading. I figured I would try to do the same thing as before, but scalping options instead of shares, and watching only 1 stock instead of 4 or 6. Since TSLA was and is still my favorite stock to trade, I decided to only look at TSLA every morning for a while and try to scalp options on it. It took a couple of months of setting up my new tools and adapting to this new strategy, and I almost blew up in the process (see the big drop to -27000 in early 2021, my account was less than 3k$ at that point), but I was able to recover and it finally started paying off. I also bought a macro keyboard to give me better control of my keyboard shortcuts and I feel like it made a big positive impact. I couldn't see myself trading without it now. So basically, I simplified my trading in many ways. I ditched the Level2 and Times and Sales windows, those were just too much information for my brain to process at the same time. I also went from watching multiple stocks to only one, which allowed me to really connect with the price action on the stock and feel what it wants to do a lot better. And I switched from shares to options and futures (I watch TSLA and MNQ for the market, so I will sometimes take trades on MNQ when I don't see anything on TSLA that I like), using only 1 contract on any normal day. Sometimes I will take more contracts when I'm absolutely certain of a move (I know there's no such thing as 100% probability but some moves can get pretty close to that) and I'll go up to 5 or 10 contracts which allows me to have those bigger green days. I also reduced my trading time to only the first 15 to 30 minutes most days, on rare occasions I will trade for the entire first hour but I try to avoid that as much as I can. Once I'll have a little green cushion (let's not forget I only reached break even yesterday), I will slowly increase my standard position size to 2 contracts instead of 1, then 3, 4, 5 etc. I'm hoping I can get to 5 contracts standard for the end of 2022, but we'll see. Right now I'm aiming for between 200 and 1000$ per day, and my max loss is around 500$ but its all good as long as I keep it under 1000$. I usually have 3 or 4 red days per month at most and they are usually more between 200-300 than 500-1000. Part of the simplification was also letting go of the chatroom, so I don't come in anymore, I trade alone, in silence. I can focus better and read the price action more accurately without the distraction. I hope that answers your questions, if you would like any other info, let me know! 🙂

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

I have been working today on 2 hotkeys for myself. The script(s) uses the defined R/R script from previous Kyles hotkeys. It performs the following: Cancels any previous orders for the symbol Enters the trade, ensuring total shares bought is equally divisible by 4 (rounded down); this prevents having extra shares hanging around after the range trades complete or stop out. Creates a range order at your stop level for 1/4 of your initial shares bought with a profit level of 2R Creates a range order at your stop level for 1/4 of your initial shares bought with a profit level of 3R Creates a range order at your stop level for 1/4 of your initial shares bought with a profit level of 4R Creates a single order at your stop for the remaining 1/4 shares; This allows you to ride the last 1/4 to whatever level you want before exiting As with Kyles hot key scripts, you double click your chart at the level you want to place your stop then press your button or hot key The Script for the long entry CXL ALLSYMB; StopPrice=Price-0.01;DefShare=BP*0.5;Share=DefShare*0.333*Price*0.01;Price=Ask-Price+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;Share=Share/4;Share=Share*4;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=1000;Price=Ask-StopPrice*2+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;Price=Ask-StopPrice*3+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;Price=Ask-StopPrice*4+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos*.25 TIF:DAY+; and the Short CXL ALLSYMB; StopPrice=Price+0.01;DefShare=BP*0.5;Share=DefShare*0.333*Price*0.01;Price=Price-Bid+0.01;SShare=Share/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;Share=Share/4;Share=Share*4;TogSShare;ROUTE=SMRTL;Price= bid-0.05;TIF=DAY+;SELL=Send;DefShare=1000;Price=StopPrice-Bid*2;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;Price=StopPrice-Bid*3;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;Price=StopPrice-Bid*4;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.3 ACT:BUY STOPPRICE:StopPrice QTY:Pos*.25 TIF:DAY+; Long $50 Risk CXL ALLSYMB; StopPrice=Price-0.01;DefShare=BP*0.5;Price=Ask-Price+0.01;SShare=50/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;Share=Share/4;Share=Share*4;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY+;BUY=Send;DefShare=1000;Price=Ask-StopPrice*2+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;Price=Ask-StopPrice*3+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;Price=Ask-StopPrice*4+Ask;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:StopPrice HighPrice:Price ACT:SELL QTY:POS*.25 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.3 ACT:SELL STOPPRICE:StopPrice QTY:Pos*.25 TIF:DAY+; Short $50 Risk CXL ALLSYMB; StopPrice=Price+0.01;DefShare=BP*0.5;Price=Price-Bid+0.01;SShare=50/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;Share=Share/4;Share=Share*4;TogSShare;ROUTE=SMRTL;Price= bid-0.05;TIF=DAY+;SELL=Send;DefShare=1000;Price=StopPrice-Bid*2;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;Price=StopPrice-Bid*3;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;Price=StopPrice-Bid*4;Price=Bid-Price;TriggerOrder=RT:STOP STOPTYPE:RANGE LowPrice:Price HighPrice:StopPrice ACT:BUY QTY:POS*.25 TIF:DAY+;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.3 ACT:BUY STOPPRICE:StopPrice QTY:Pos*.25 TIF:DAY+; Everything prior to defshare=1000 in each script is completely from the original Risk/Reward Hotkeys except the bit of code that ensures the number of shares is equally divisible by 4. Feel free to give them a try and let me know if there are any issues.

I've been waiting for Thor's book release to share a gift. I've been working for months on my Cam study for ToS. I would like to present version 1.0 with and without premarket data. And more importantly, it tells you whether to look at cams with or without, and by default only shows you the cams based on Thor's teaching! The option is there to see both, or just one or the other too. Enjoy! https://usethinkscript.com/threads/camarilla-pivot-day-trading-system-for-thinkorswim.12988/

Ever wanted to swap line styles on the fly and make a rainbow on your chart? You can do that in 5.5.0.0+. The hotkey isn't the easiest to understand, so I very quickly made a web utility for you (link below). How to Use: Go to URL: http://kaelmedia.com/projects/das-line-config/ Select a Line Type, default is HorzLine Select a Line Style, default is SolidLine Select a Color, default is Barney Select a Width, default is 1 Hit "Generate" Glance at the preview window and see if it is what you wanted. If it is, hit the "Copy" button and it'll be placed in your computers Clipboard. If you wish to share you creation, press the "Share" button and a special link will be placed on your clipboard to post in the forums. Example: http://kaelmedia.com/projects/das-line-config/?hotkey=ConfigTrendLine horzline dotline:035aab:1; Paste the copied hotkey (looks like: ConfigTrendLine horzline dotline:035aab:1; ) into your DAS Hotkey Configuration. Optionally, bookmark or save the line so you can edit it in the future (it adds the settings to the browsers URI/URL). How the Hotkey Works: The hotkey as designed will swap the DEFAULT config for the Line Type chosen, each type has one default stored for the user. So if trigger a hotkey with a horizontal line with a blue color, your very next (and all following lines) horizontal line you trigger on the chart will be that configuration (blue). Because of this, I have a "default line" hotkey and a series of colored hotkeys, this allows me to toggle back and fourth. Advanced Uses: Go HERE.

Since everybody has different levels of experience with the stock market, it is difficult to have a one-size-fits all objective list. I am going to try to cover all the areas that you should have a firm grasp of by the end of the 3-months. It is a rough outline of what I have learned after 4 months of paper/real trading. This post will be a work in progress, but here goes. ~IN PROGRESS~ Day Trading is probably the most deceiving profession on the planet. On the surface the concept seems very simple: buy low and sell high. Then why is it that 90% of traders fail at his endeavour? Surely they aren't trying to do the exact opposite of what is profitable. Even flipping a coin has better odds at 50%. Let's take a look under the hood to see what is required to be a successful trader. CLASSES There are four classes in total. Each one runs about 1 hour, except for class 4 which is almost 2 hours. It is recommended that you attend the classes multiple times to reinforce your knowledge, refresh the concepts, as well as stay updated on any new material. It is your responsibility to go over the slides and understand what is being taught. If you have any questions, please ask them during class, in the forums, or in the chat. The community is always here to lend a hand. You should also bookmark the Bear Bull Traders FAQ and DAS Trader Pro FAQ. Some members choose to read additional day trading books, as well as practice trading replayed market data. What you get out of the course is directly related to how much effort you put in. In a sense, the entire 3-months is more of a self-paced learning program than a structured course. There are no quizzes, no tests, no projects and no scoring. It is up to you to wake up every morning and spend time in the chair mastering the trade. Nobody will hold your hand, watch over your shoulder, or monitor your performance in any way. That is how day trading is in real life: absolute freedom to stake your fortune or self-destruct and implode. STOCK MARKET BASICS -Warren Buffet once said 'The stock market is a device for transferring money from the impatient to the patient.' This is true for long term investing and for day trading. Remember that for each transaction you see in the Time/Sales window, there is a buyer and seller. When a stock is down 20% on the day and you short it, somebody is on the other side of that transaction buying. You don't know their hand though. They could be covering their short from earlier, it could be institutions loading up for long term investment, somebody hedging an options contract, etc. Beginners often gloss over this point. Volume represents transactions being filled; a transaction always involves two parties. You are trading against other people, not the market itself. -Exchanges: NYSE, NASDAQ, AMEX -Market Makers -Pre-market and after-hours -High Frequency Trading (HFT), algorithms -Bid, Ask, Spreads -Short-selling. What does it mean. -Short inventory. Why are some stocks shortable and others not -Short Sale Restriction (SSR) -Short interest, or Short Ratio -Share float -5-cent tick programs -Circuit Breaker Halts -News, earnings, and catalysts -Buyouts -Pattern Day Trade Rule >>> Make sure you understand the above prerequisites before proceeding any further. Investopedia is a great resource. CHARTS -Candle Sticks. How to read them. -Understanding Price Action. Bearish vs bullish candles. Indecision candles. -Higher highs and higher lows / Lower highs and lowers lows -1-minute vs 5-minute chart -Moving averages and how they are calculated in different timeframes -VWAP. Why it's an important intraday indicator >>> The above concepts are not tool-specific and apply to all trading platforms MECHANICAL ASPECTS -Knowing your tools (DAS) -Platform, Hotkeys, Scanners, Journaling -Order entry. Limit, market, marketable limit, stops -Level 2 -Calculating commissions and tickets >>> The goal is to familiarize yourself with DAS and be comfortable using it. For some this could take days. For others this requires weeks. TECHNICAL AND STRATEGIES -Finding Stocks in Play -Good vs. bad pre-market price action -Finding Support/Resistance Levels -Day trading Strategies. Master recognizing the patterns, entries, stops, targets. -ABCD / Reverse ABCD -Bull Flag Momentum / Bear Flag -Fallen Angel -VWAP False Break Out -VWAP Reversal -VWAP Trend Trade -Opening Range Breakup / Opening Range Breakdown -Red-to-Green / Green-to-Red -Moving Average Trend Trade -Top Reversal / Bottom Reversal -Time of Day: Open, Late Morning, Midday to Close >>> Everybody will pick this up at a different pace--learning to recognize different strategies, figuring out which one works best for you (at what time of day), etc. MANAGING YOUR ACCOUNT -Risk Management -Position Sizing -Money Management PRACTICE THE PROCESS OF EXECUTING A GOOD TRADE Putting on a trade is more than buying at point A and selling at point B. You need to combine everything you learned to get in and out of a single trade properly: 1) finding good stocks in play 2) identifying chop and staying away 3) identifying the strategy or setup 4) quickly calculating risk-to-reward 5) getting a good entry and avoid chasing/jumping the gun 6) managing the trade based on live price action and new information which the market is providing you 7) taking profit (often overlooked, yet it involves half of the entire trade) 8) you need to do all of the above while keeping your emotions in check and fighting your psychological demons >>> Over the 3-month period, you will repeat this process hundreds of times. This is where the bulk of your time will be spent. Learning to take good trades and improving on your mistakes. This is the only path to consistency. Don't waste time trading unrealistic sizes on low-float stocks because you won't learn a thing. >>>Some of your trades will turn out to be winners, some will turn out to be losers. Most likely you will have a few trades that blow up your practice account (but don't worry, you weren't taking things seriously and would never do it live, right?). GOING LIVE -Choosing a broker -Starting small and gradual position sizing -Returning to Simulator -Peer-to-peer support PSYCHOLOGY OF TRADING -Why do most traders fail here -I'm highly intelligent, analytical and very disciplined. Why this will ruin your trading. -I'm a good poker player. Good--you will be playing against yourself -Revenge -Overtrading -Fear of missing out (FOMO) -Fear of pulling the trigger -Trading scared -Averaging down -Turning a day trade into a swing trade ~IN PROGRESS~

New Book Club Begins on Monday, July 3 at 12pm ET Susan Rizzi has invited you to join a video meeting on Google Meet. meet.google.com/sat-khuv-rbh Or open Meet and enter this code: sat-khuv-rbh Book: Mindful Trading by Rande Howell. It is available as a hard copy, e-book or audio book at the website below. The e-book is more updated than the hard cover so that is what is recommended. Traders State of Mind July 3 - please have read through the opening pages and the introduction. You may feel free to share here anything about the opening you would like! We will discuss basic book club etiquette and how we will share on the Forum. July 10 - chapter 1 July 17 - Chapter 2 July 24 - Chapter 3 July 31 - OFF August 7 - Share July trades, best practices, items from the book August 14 - Chapter 4 August 21 - Chapter 4 August 28 - Chapter 5 September 4 - Labor Day - OFF! September 11 - Share August Trades, best practices, items from the book September 18 - Chapter 6 September 25 - OFF DAY! October 2 - Chapter 7 Columbus Day - Off - October 9 October 16 -Chapter 8 October 23 - Epilogue, close out, share trades and things we have learned Instructions for Sharing weekly to the Forum: You may share 1 or multiple topics on the Forum pertaining to the chapter we read that week. Here is how we will format for sharing: WAS: W: Write a quote from the author that stuck out to you in the chapter A: Apply this quote to yourself and/or how it effects you in trading or what it meant to you. S: Share this here and with others in the club at our next meeting.

Chapter 2 – Why a New Thinking Methodology W: “Learning how to execute your trades immediately upon your perception of an opportunity” A: Mark is telling us to take the trade every time our set up is triggered without overthinking. A: I’m still working on my execution. More often than not I’m late in entering my trades.

Hi BBT family, After the amazing webinar by Thor about Camarilla Pivot points lots of members are asking how to add CamarillaPoints in thinkorswim. I would like to share my setup here. Step 1: Adding CamarillaPoints to the Chart : Right click on the chart> Studies > Edit Studies> Search CamarillaPoints> Add selected > Double click on the CamarillaPoints then you can customize. Step 2: CamarillaPoints Customization: I am attaching the customization picture , you need to repeat this for all the levels. if you choose different colors for each level you could easily distinguish between one another. Step3: Chart Scale: This part will correct the small candle size issue by adding these lines. Right click on the chart> Chart Scale> check only Fit study markers. ( If you check "Fit study" also you will see all the levels but the candles will be short. Hope this will help TOS users to setup CamarillaPoints.

Guys, I would have posted sooner had I seen the post. I'm sorry I didn't, especially knowing that this is a topic brought up from an incident that I either created, or at the very least was involved in. First, let me state unequivocally that any form of insults have no place in BBT, including, but not limited to racism, sexism, bullying, political harassment, or personal insults. I'll get into more details, but I can assure you that when using the term mentioned above there was no animosity, hatred, or bigotry toward the people of China. The use of the term is strictly in reference to how companies in China are allowed to regularly falsify accounting reports, scam investors, and deceive people out of their hard-earned savings for their own personal gain. Also, the Chinese government has no problem destroying companies and their investors to make political points - see DIDI this week, or Jack Ma's companies etc. If you dig into this topic, even just scratching the surface, you'll see this has happened dozens of times over the last 20 years as Chinese ADRs have become popular on US exchanges. Those that have been here for a good amount of time know that when we discuss groups of stocks that we aren't fond of we often combine the description of that category with the word "trash" or "garbage". A couple that instantly come to mind are "low float garbage" and "NYSE trash". This has to do with how they move and can be difficult and/or dangerous to trade. We say it in the most colorful/strong way possible in order to strongly get our point across. About a year ago I got a big thank you note from several members that decided not to *invest* in $LK because of research they did after I warning I gave like this. I can't in good conscious refrain from speaking openly about something I feel may be harmful. All of this having been said, I hear and understand where @rddad is coming from and the last thing I want to do is have someone even question if what I say is coming from a place of malintent. So, I ask all of your help to try and create a term instead of "Chinese trash" to boldly get the point across about concern for fraud in these companies, while removing the potential of someone finding it personally insulting. Finally, there is no room here for anything close to "if you don't like it, leave". I know I've not said that to anyone and I don't remember seeing it, but I very well could have missed it during a busy premarket show. Maybe it was said on YouTube, in which case I would have muted that person. (there's lot's of spammy or unpleasant things said on YouTube that we mute people for) Thank you all for the input and for making this community what it is. Respectfully, Norm

Hello Everyone, I’m looking for a trading buddy that is serious about trading the Camarilla Pivots. A little about me: I have been trading for about a year now and the past 6 months has been a combination of sim/live trading as I continue to develop my edge. I’ve tried several different strategies and the pivots are where I am the most consistent and successful. I think it would be awesome to get together daily to discuss watch list prep, trade ideas, trade reviews and trade book development. We can also work on accountability. Message me if you are interested. Thank you, Stephen

Chapter 10 - How Memories, Associations & Beliefs Manage Environmental Info As a side note - if you are finding some of these chapters tougher to read; hang in there. He is giving a lot of context on how things work in our head. I read through some of chapter 13 and did a few exercises yesterday on the Techniques to Effect Change. It was good....a bit exhausting to my mind like a deep gym work out would be to my body, but that is what I want & need. I am going to go through all those notes today and have a plan to start implementing the tools and things I discovered on Monday. I look forward to discussing what you learned this week and digging in deeper in the next few weeks:). Be proud of yourself for doing this work! W - (I have a few things that jumped out so I am writing a few W's we can review together & talk through) * Perception - What we learn creates an energy loop between the inner & outer environment. We can call this energy loop perception. Learning how to read the market is an example of the energy loop between the inside & outside = perception. Once we learn something, mental energy will then act as a force on our senses to recognize in the environment what we have learned about. The event is different for each individual b/c we all experienced it differently. A - Mark is explaining how perception exists in our lives and in trading. A - I have always found it interesting how people perceive the same event quite differently (in life & in the market). We see this everyday. To one trader; they feel it was a tough day in the market and to another the market was on fire. lol. We all participated in the same market and sometimes traded the same stock so why such a variance? It comes down to how we perceived the market & how we traded it....it could be our set ups or simply our execution. To me execution is all about psychology. We have the strategy and yes sometimes it will fail as is the reality of playing a game of probability. How often is it the strategy failing vs our execution failing? This is the key and something we should all be analyzing.... while we are not in control of the market; there is so much in our control that can enhance our trading. W - Beliefs - If we believe that things exist in only 1 particular way, then our beliefs will act as a natural mechanism to block the acceptance of any conflicting information. Beliefs allow us to tune into 1 channel of the environmental info at a time. A - Mark explaining how our beliefs effect what we can "tune into" - "perceive." A - I see this all the time in the world; people believe something and therefore cannot "see" anything else. It is limiting for most people. If you have ever scrolled through twitter the political posts really get to me. People attack each other b/c they believe all republicans/democrats are XYZ; they cannot fathom the thought that there are so many people in the middle on both sides and only seem to focus on the extremes. Without getting too much into politics; if you believe that all Dems/Reps or any other group of people are good/bad/smart/stupid/etc - you may only be able to see & perceive them from this point of view (which in my opinion is small & limiting). It is not always our fault either. If someone who looked a certain way hurt you or someone that identified with a certain group; you may have inadvertently formed this belief. As an example; my last boss was military and he was a real piece of work. As I transitioned into BBT; I was a little afraid of Mike/John. I came to realize this was silly as they are both wonderful men to know & work with, but I let this last person cloud my mind and I formed this belief that "all military are XYZ". I am glad I realized the error of my way and was able to learn from and form a nice relationship with 2 of my mentors. I notice anytime I see a middle aged woman that is tall and blonde; I immediately feel warmth. My mom has passed and she was tall with short blonde hair. I like being reminded of her so I do not mind this feeling, but it is important to be aware when these things are happening to us and to judge people/stocks/situations in the moment and not on some past belief or preconceived notion:)....Take note of anytime your mind is telling you "ALL or ALWAYS" - question that thought...rarely is anything or any group "ALL or ALWAYS XYZ". W - Fear - I am not going to write notes out, but can go through this in book club if no one else writes their thoughts on Fear related to this chapter. Have a wonderful week and talk Thursday!

In this video AdventureDogLA shows us how to set up Risk Controls in DAS Trader Pro. Risk Controls enforce limitations such as maximum daily loss, maximum shares traded per day, etc. Risk Control Page is a safety net to keep in control our loses, either to have an external control over our behavior as traders or due to a contingency such as failures in the internet connection, electric power outages, broker failures, etc. You can find "Open Risk Control Page" in DAS Trader Pro Account window, just right-click in any row of that window and Risk Control Page will open as a popup browser window to let you update your risk control settings. Some considerations: 1. This configuration works with real accounts and simulator 2. You can deactivate settings "Risk Control Page" anytime by leaving all in blanks and clicking SUBMIT 3. When you are using DAS linked to IB, or simulator, the Risk Control settings are handled by DAS. DAS staff updates your settings manually (the form is emailed to them) anywhere from 2 to 30 minutes during business hours. 4. In LOSS fields, enter a positive number. 5. “No new order” avoids orders for the current day 6. “Pos Loss” = Position loss. 7. “Enable Auto Stop” will automatically close your positions when you hit the Max Loss / Total Loss. 8. “Max Share - Max auto stop execution share per day” = How many shares can be sold / bought by the Auto Stop mechanism. 9. “Max Auto Stop Order Size” = Maximum size per order made by the Auto Stop mechanism. 10.“Delay for next order if exceed max order size (sec)” = Time between orders if the Auto Stop needs to place multiple orders to close your positions. 11. “Stop Gain Account Net Realized PL Thresh“, “Drawdown Percent of Max Net PL“ , “Pos Stop Gain Thresh “ and “Drawdown” - Like Auto Stop but for gains. The threshold is the profit the Stop Gain is looking to hit, the Drawdown is how much it can drop from that target before your positions are closed. Example, you set a threshold of 2000 and drawdown of 20(%). When you make 2000 in P/L, the Stop Gain will trigger, and will close your positions if you drop 20% ($400) from that value, closing you out at $1600 Net P/L.

Merry Christmas, Happy Holidays & New Year Traders! Here is a calendar for the remainder of our book! Resume meeting 1/5 - review any additional comments from chapter 3 to 5 and chapter 6 1/12 - any additional comments from chapter 6 & chapter 7 1/19 - chapter 8 1/26 - share your best/worst trades 2/2 - chapter 9 2/9 - chapter 10 2/16 - chapter 11 2/23 - share your favorite pro trader's tips, how it affected your trading 3/2 - chapter 12 3/9 - chapter 13 3/16 - share your best/worst trades 3/23 - OFF THIS WEEK 3/30 - chapter 14 4/6 - chapter 15 4/13 - chapter 16 & 17 4/20 - share your best/worst trades and/or any new fav pro trading tips 4/27 - discuss what you have learned and how you will implement into your trading. Share new datasets, new journaling, new trading plans, etc

Chapter 3 - The Market is Always Right W - “The market is never wrong in what it does; it just is.” A - Mark further down the paragraph explains that we are trading in an environment where the trader can only be wrong, not the other way around. The market only presents information from the active market participants, and we should not assign any negative or positive attributions to the market. A - This is a supremely important notion that I struggled to understand when I first started trading and it caused me a lot of emotional pain because I felt somebody was doing something to me when my trades failed. But once I understood that the market is neutral and accepted the naked truth that I was the problem, not the other way around, I was able to make progress in my trading journey. Chapter 4 - There is Unlimited Potential For Profit and Loss W - “From a psychological perspective this characteristic will allow you to indulge yourself in the illusion that each trade has the potential of fulfilling your wildest dream of financial independence.” A - The idea that the market has unlimited potential (mostly on the profit side because I think most traders don’t want to think of unlimited loss) though true can create a dangerous mindset of unrealistic expectations if boundaries and rules are not set by the trader. A - I had set up some truly unrealistic expectations and goals of being a consistently profitable trader by the second half of this year when I started PCT in January. What a joke! I was soon hit with the cold hard reality that this would be a lifetime process of refinement and that the best I could hope for is to gradually improve on this journey towards profitability. Once I accepted this fact and removed any time frames for daily, weekly, monthly profits, I was able to focus on the process and improve my trading without fear or anxiety. Chapter 5 - Prices Are In Perpetual Motion with No Defined Beginning or Ending W - “Your last trade obviously has nothing to do with the potential that exists in the market at any given moment. When you feel compelled to get back, it puts you in an adversary relationship with the market. The market becomes your opponent, it is you against it, instead of being in harmony with it. The market can’t take anything away from you that you don’t allow; if you lost money or lost more than you intended to risk, you gave your money to other traders. Ultimately, however, revenge creates an adversary relationship with yourself.” A - Simply put, when you fight with the market you lose. A - This past Tuesday I had one of the worst trading days from a performance perspective. I broke many of my rules and I started to fight with the market by overtrading in an act of revenge. It wasn’t a big red day from a P&L perspective, I’ve had bigger red days, but when the closing bell rang, I felt defeated as if I went into a boxing match and got my ass thoroughly beat. It was emotionally and mentally painful to have to sit for several hours journaling, reflecting, and creating an action plan to deal with the lack of focus and discipline I showed that day. But the time I spent in reflection helped me to reset and today I had a much better trading day from a performance perspective, even though it ended in a red day.

Chapter 3-5 What I found to write about was in chapter 5. W- There are moves that you can see and some that you want to see. Both must be dealt with when you exit your trade. A- Mark talks about how our mind can actively tell you that if we stay in longer, we will be on the right side of the trade. He also talks about how it is easy to convince yourself that there is an infinite number of combinations that can come up within 10-ticks. A- How I’m hoping that these thoughts help me to narrow down why I am in a trade and not taking profit. I’m hoping telling myself to be more logical then optimistic before entering a trade might help.

wish you all a nice meeting. I am sorry, I can not attend today. Chapter 3, 4 and 5 - Prices Are in Perpetual Motion with No Defined Beginning or Ending? W - The less meaning the money has, the less potential there is for your personal "how much is enough" issues to contamine your perception of market movement. A - The author says that if you feel greed or fear this will contaminate your decisions on market movement. But as the market is always moving and changing, also your decisions have to change with the market. You may not stay in a trade because of greed (How much is enough) - you have to decide if the market movement is over so you have to exit the trade. A - I trade with really low wager. So even if I lose or win it does not bothers me. And so I hope that I make the decisions up on the market and not on my feelings.

Chapter 2 W Learning how to recognize the skills you need to progress as a trader and then stay focused on the development of those skills, instead of the money, which is merely a by-product of your skills. (p. 45) A New traders often focus on the results or money they can make without understanding the risk/danger of the environment they are acting in. A Recently I added "Why I shouldn't take that trade." I used to trade successfully market reversal from a sell off. Now, when we have a down trending day, I only look for continuation of the sell off. In fact, I like to short the failed "minor long."

Chapter 2 Why a new thinking Methodology W- Not everybody thinks or deals with trading issues the same due to how unique our experiences are within our trading journey. Psychologic obstacles are an ongoing issue that everyone needs to revisit. A- The obstacle that Mark lists which resonates with me is that you will need to learn how to release yourself from any feeling of inadequacy, guilt, or shame. A- The psychological aspect is what I plan on addressing this week. I felt that the amount of time I spend on trading is endless compared to other things needed to be done in other parts of my life. I plan on fixing this issue by not trading after 10:30 and also to work on not babysitting my trades.

Here's an alternative one I made just for Thor's strat: https://usethinkscript.com/threads/camarilla-pivot-day-trading-system-for-thinkorswim.12988/

The way this was handled is very disappointing to those of us who found Ed's trading style and educational content a really good fit. It's not the only reason I decided to join the BBT family (and pre-pay for the year) but it was a very important reason. A few days or a 1 week heads up would have been appreciated and much more considerate.

Chapter 11 - Thinking Like a Trader W- I AM A CONSISTENT WINNER BECAUSE: 1. I objectively identify my edges. 2. I predefine the risk of every trade. 3. I completely accept the risk or I am willing to let go of the trade. 4. I act on my edges without reservation or hesitation. 5. I pay myself as the market makes money available to me. 6. I continually monitor my susceptibility for making errors. 7. I understand the absolute necessity of these principles of consistent success and, therefore, I never violate them. A - Mark is giving us the 7 principles of consistency. A- For me; I will be continuing to study, observe and live these principles. I am writing them on a board in my office along with the 5 Fundamental Truths. Like so many great books; it is not enough to read through the material...we have to know it, accept it and live it (IMO)! Talk soon everyone!

Chapter 2: W: One of the many contradictions of trading is that it offers a gift and a curse at the same time. A: Mark tolds us that the market gives you all the freedom you might be searching for. This is what the people want and why so many people start with trading. But people are used to living in a world with rules. And they can not survive in an environment with no rules. A: I am also used to live in a world with rules. And I like those rules. The reason why I started with trading is to expand the financial borders. So I have to learn to live without external rules. I have to make my own rules and stick to them. I have no problem to make some rules. I did it a lot. For example when I start with sport, learning for an exam and so on. I always made nice plans. But the problem is to stick to them until I reach my goal. This is the most important point in trading for me. I have a nice journal. But its worthless when I stop journaling after some months. I have to learn how I can force myself to stick to the rules I imposed myself.

Thanks! There are so many things that came together to make it happen, it's hard to choose only one. I would say that the biggest help was switching from shares to options, as it kinda forced me to take more risk (you can't take less than 1 option contract haha). I think one of the biggest problem I had was that I would take very little risk and make very little profit, then I would be frustrated to make so little money on the biggest opportunities, and I would then manage to have hulk days on bad opportunities because of that built up frustration. So when I switched to options, I started making more profits because of the bigger minimal risk involved, and that fixed something on the psychological level. I got confident I could make money, finally, and losing wasn't as big of a problem as before because I would be able to recover faster. That kinda tipped the balance in my favor (because I already had a good win/loss ratio, its just that my wins were too small compared to my losses) and gave me confidence. And it all went better from there. There was definitely a big psychological thing I had to get over about risking money. I used to be afraid to risk 20$, now I don't mind 200$. I hope that makes sense. But simplifying my tools and watching only 1 stock was probably as important.

Trailing stops are a great tool for a trend trade when the price is moving slowly but inexorably in one direction for a longish period of time. A trailing stop acts as a moving stop loss to protect your profits while also allowing you to secure near the maximum profits of the trend when it reverses. I started using them in SIM today because I recognized that I tend to jump out of trends too early, leaving profits on the table. You can create a trailing stop on both the long and short side in the same way: 1. In your montage, set the order type to STOP 2. In the "Stop Type" drop down, select "Trailing" 3. Just below the "Stop Type" drop-down, the third field over from the left is labeled "Trailer Price", set the value to the amount you want the stop to move behind the price. 4a. If you're setting a stop for a long position, click "SELL" - You should now see an order sitting in your order window 4b. If you're setting a stop for a short position, click "BUY" - You should now see an order sitting in your order window A trailing stop always stays a set value below the current price, so for example, if the price is 4.20 and you set a Trailer Price of .20 on a long position your stop loss will be at 4.00. If the price goes up the trailing stop price moves with it, but only in one direction. So for example, if the 4.20 stock moved up to 4.30, the trailing stop would would move to 4.10. If the price subsequently moved down to 4.15, your trailing stop price will stay at 4.10. The trailing stop price will always be set based on the current price, so be careful to look at the current price and movement on the 1 minute chart, the stop will trigger the moment the price tics back to the stop price. For example, if you see the 1 minute candles varying about 10 cents per minute on the trend, a .05 trailer price will probably trigger too early. Make sure you're setting your trailer price to a value that protects your profits without prematurely closing your position when the trend would likely continue. I will update this thread with real chart examples. I also have a hotkey but I want to test it in SIM Monday before I post it here. Edit: How to create a hotkey to set a trailing stop.

ANOTHER UPDATE --- SOLVED MY PLATFORM DELAY ISSUE. WORKS GREAT!!!! So my issue with a few seconds delay between any order is finally fixed. In short, I installed the platform again on a completely different folder per recommendation from DAS. So I no longer have my platform freeze after every order or every time a pending order gets filled. It's a breath of fresh air....finally. Long story...my problem with seconds of delay freezing up my platform was feeling like it was getting worse....like 5 seconds where I can't do anything on my platform every time I place an order or when one gets filled. Finally I was playing around in SIM and Trade Replay and noticed the same thing happened, which is odd since it's just SIM and as far as I know, does NOT need any communication with TD. I had contacted DAS several times and tried all the usual things: updating platform, uninstall/reinstall, even changed my internet service provider for faster connection. Now that I made the connection of the delay happening in Trade Replay (I just recently signed up for replay), I knew it had to be my platform. I contacted DAS and they told me to reinstall in another folder and thankfully it now works as I hoped.

Hi everyone and welcome to our new forum on swing trading. As you likely know, swing trading involves taking positions in a stock or other security and holding that position for as short as overnight to days or weeks or even longer. If you are new to swing trading and want to learn more, reading Brian Pezim's book "How to Swing Trade" would be a good starting point. It is available on Amazon. We expect this forum will be used by our members to present and openly discuss swing trading opportunities. The one advantage of swing trading is that the trader has the opportunity to slow the decision process and plan their trades without having to make a quick decision on whether to enter a trade. Thanks in advance for being part of this forum and we hope this forum can offer up some profitable opportunities for our members.

We're having a Meetup with Andrew in Zurich on March 12th, 2023, 4:00 PM and you're invited! Venue: Aden Hotel Whether you're a pro or just starting out, this is a great opportunity to connect with other traders, learn from each other, and have some fun. So mark your calendars and stay tuned for updates!

Chapter 11 Why We Need to Learn How to Adapt W- What motivates us to want to actually trade has many various elements to it. Sometimes when you define what motivates you, you can find additional inspiration. A- Mark said that the more you know more about the driving force for your action the easier it is to fulfill your needs and goals. A- I plan on applying this over all thought to my last week “how I’m going to apply”. I plan on adding this to my thought processes from last week’s apply segment, elaborating just not thinking of one happy word like family, instead thinking of words like family parties.

W- N/A for me this time around A- The first point Mark made was that the mind can travel in the 4th dimension to places that it would take an infinite amount longer to travel. The second point that he brings up is that the mind can also travel into the past. A- What I got out of all this is that your mind has less boundaries to hold you back. This difference between body and mind is why you should think ahead instead of out clicking the stock move.

Chapters 3-5 There is so much in these short chapters - I really had to force myself to choose just one quote - as opposed to literally retyping them. W - Considering the unlimited potential for profit, entering the market will be much easier for most trader than will be getting out. This is because exiting the trade will require that you confront your beliefs about greed, loss, and failure in relationship to the constant temptation of the possibility for unlimited profits." A - Mark Douglas was undeniably a genius in his deep and profound understanding of the intricacies of how the market is really a mirror of our minds and emotions. He is also making clear the deep hidden challenges in the seemingly simple task of exiting a trade. A - I read his book a long while ago - but in this reading I'm finding that I've moved from intellectually understanding what he is saying to recognizing my experiences in his writings. And now as I read this it validates my experiences and also helps me to release the harsh self-judgement and unrealistic expectations I've set for myself. I'm sitting here shaking my head up and down feeling like Mark wrote this for me. LOL. But on a practical note, this passage has further affirmed the importance of having clear exit triggers.

Chapter 2 - Why a New Thinking Methodology W - Beyond the sheer mechanics of the activity - which just about anyone can master - lies a particular thinking methodology or strategy that leads to excellence. Although few people have it, such a thinking methodology can nevertheless be learned. One such skill (for example) may be the ability to identify those conditions that are conducive to making a common trading error before it actually happens. Other techniques include: (Summarized): 1. Learning dynamics of goal achievement to stay focused on what you want rather than what you fear 2. Learning to recognize the skills needed to progress as a trader and remain focused on developing them (instead of $) 3. Learning to adapt to market changes 4. ID comfort level of risk and learning to expand it so you maintain an objective perspective 5. Learning to execute trades immediately when they set up 6. Learning to let market tell you how much is enough (not your mind based on P&L) 7. Structuring beliefs to control perception of market environment 8. Maintain a state of objectivity 9. Recognizing true intuitive info & ability to act on it consistently A - Mark is telling us skills/techniques we need to acquire in trading A - I love all his lists he always gives us. I write them and put them on my wall so I can read them in the morning. My big focus was on #1...I am slowly moving past that now to #4. I am refining all of them and probably will be for a while, but that is ok:)

Chapter 6 Entry: W - The most effective and functional trading belief that he can acquire is "anything can happen." A - I know he also talks about being open to the opportunities as they come and I felt like these pieces combined into this idea of the market as this ever changing flow and we can't get caught up trying to force what we want to happen on it, instead we have to be open to taking what the market is giving us. A - In my recent "turn around", I've just found myself less concerned about trying to "will" a trade in my favor and more just taking the information that the market is giving me and using that to control the things I can. For instance, just the other day, I took an ORB down on $NVDA, but because I'm more focused now on just taking what the market is giving me, when I saw signals that for me meant I would take a reversal, I closed out of the ORB trade and took the reversal because I was open to anything could happen and I just went with it. Sorry I can't be there in-person anymore :(

W When finding your edge, it is important to apply the basics of trading to your trade. You can have your edge but it doesn’t escape how stocks work no matter how good you think it works. What is needed varies per week as my edge is not totally formed. A Mark said something about how to predefine the risk before entering A Last week it hit me while in a trade and different time frame that I didn’t know where I was going to exit a trade when I got into a trade. I think beyond letting my trades run that I need to define the risk before entering. This week the way that I plan on doing the apply part is to focus on leaving my stop outs on any of my standard range or Moving Average breaks.

Chapter 5 - The Dynamics of Perception W - In the Flow - perceiving an endless stream of opportunity, To trade like professionals you must be able to see the market from an objective perspective, without distortion. You must be able to act without resistance or hesitation, but with the appropriate amount of positive restraint to counteract the negative effects of overconfidence or euphoria. In essence we need a unique state of mind; a traders mentality. If the memories, distinctions, and beliefs we've acquired as a result of our encounters with the external environment represent what we've learned about that environment represent what we've learned about the environment and how it works; & if these memories, distinctions & beliefs exist in our mental environment as energy; and if energy doesn't take up any space; then it could be said that we have an unlimited capacity to learn. Anything that is energy has the potential to act as a force expressing its form, and that is exactly what our memories, distinctions & beliefs do. "People see what they want".....Put into Mark's words - People see what they have learned to see, & everything else is invisible until they learn how to counteract the energy that blocks awareness. Our minds associate & link anything that exists in the external environment that is similar in quality, characteristics, properties, or traits to anything that already exists in our "mental environment" as a memory or distinction. Developing & maintaining a state of mind that perceives opportunity flow, without the threat of pain or the problems caused by overconfidence, will require that you take conscious control of the association process. A - Perception is reality. The dog biting example is classic and we all have experiences & examples like this we can think about... this type of animal or person hurt me; that means this type of animal or person is dangerous & can hurt me again. If memories, distinctions, & beliefs are energy that take up "no space" we can endlessly learn new ways of being and elevate ourselves to new levels. Beliefs are what happened to you before and how your mind processed that info. They could even be formed from things you have heard; not even experienced....I keep seeing this type of animal/person causing danger on TV and now I don't want to be near this type of person/animal because I "perceive/believe" them to be a threat and a "High Risk". On a side note; protect your mind....what you watch, read, look at, who you talk to - it is all forming your future thoughts, beliefs, actions, words.... deal with good things, people, shows, etc....keep the garbage out! "Developing & maintaining a state of mind that perceives opportunity flow, without the threat of pain or the problems caused by overconfidence, will require that you take conscious control of the association process". - This is the last sentence in the chapter... We have to learn to make new connections similar to what Rande Howell talks about in his classes. Our brain is hardwired to connect fear/pain/loss and processes it in a certain way to protect us. We touched a hot stove, it hurt, we cannot touch it again.....In trading we lose, we feel pain, we should not do that again.... what we have to do is disassociate the pain from "losing" in trading. I like to think in terms of "wrong side of probability" vs loss. Loss means a lot of things for people (death, etc).... wrong side of probability to me feels like "oh well maybe next time it will work... A - How I interpret all of this.... if what I perceive will be my conscious awareness and I need to process a trading loss as unpainful; what can I do to speed up this process? Practice and screen time are an absolute necessity. Learning and being able to 100% execute is a necessity. Once this is accomplished; the proper mindset is a necessity. A "loss" as defined by society cannot be the same thing we assimilate to trading. A trading loss is nothing - part of the game...the price to play. You have to be able to shake it off/park it/later learn from it.....Speeding this up; I would fall back to all the psych tools BBT constantly teaches us - meditation, visualization, mental imagery...these are all great tools. You may have some deeper psych things to initially deal with (most of us do). Revisit in your mind when it became so terrible to lose at anything and what that means for you (as an example)... maybe you believe "Losing means I am a failure and in my family failures are not shown love" maybe you believe "All rich people are assholes or money doesnt grow on trees or You do not deserve to be rich or you will never be successful because deep down you think you are not worth or are a loser"....maybe you believe something else that is "blocking you" from learning and reaching the next level that Mark speaks to in his book. This will be personal and independent for everyone. Take a deep dive and be open and honest with yourself about what you believe and dig deep to figure out when, where, why you believe this and who told you to believe it. Let yourself know it is really ok to let this belief go. This may take a few internal conversations as your brain starts to work it out, but it is worth it. Let go of those old beliefs, hurts, etc so you can make room for new ones that enable you to reach the goals and future you desire. Psych is as much (if not more) work than the technical side of trading, but you have to do it if you really want to build new beliefs and habits and attain the flow state. I haven't read ahead so maybe Mark will give us additional suggestions on how to get there...For me personally; I spent the past year dealing with a lot of old stuff and now I am building the new mental system while I improve on my technical game. Sorry so many words this week. I am nothing if not long winded. Enjoy your evening:)! PS - if you take this verse above and start digging into your psyche; if you find something very painful or aren't sure what to do/where to go - talk to a trained pro...that is why psychologists are out there & in high demand. There's zero shame in trying to make yourself better, stronger and capable of living your best life. WE ALL have stuff to deal with and the way one processes will be totally different from anyone else in the world. It takes a stronger person to look it square in the face and take it's power away... You can do it; I believe in you & if you need help I am here, but I recommend someone like Crede, Dr Reid or Rande - they have the proper tools and like my surgeon example today - they have cut into a lot of heads...lol.

Chapter 4 W- There are many things that can scare you out of the market. Some you can see immediately and some that is in your subconscious that you don’t see till after the trade is done, like sleep deprivation, when your mind is somewhere else besides trading. These types of issues can land you in iffy trades. A- Paraphrasing: it is not good to get into a trade if you will end up fearing the consequences A- The first way that I’m going to try to apply this by recognizing that I’m sleepy or thinking about my other job. These have been, from what I can tell, my crux of why I get into trading something that makes me hold my breath. Also I need to stop feeling like my livelihood depends on a green trade.

@Susan Thank you. The good news is that I recently tightened my daily max loss A LOT, so Friday's loss is not a problem in any way from a pure $$$ point of view. -Tightening max loss, BTW, was something I did based on a conversation on that topic on an earlier book club call 🙂 I do feel like I am pretty good at retrospection, at asking "How did I get HERE, when I wanted to be THERE?", so that's what I have been working on since that day. I went back and reviewed this month's trades and found some repetitive mistakes I was making. I then simulated all this month's trades using the things I learned during my review, and the results are now significantly better. Out of 15 simulated trades, 12 were green, 2 red and one became a "No trade" since my entry criteria were never met. I have created a simple and easy to read check list which I will review *every* day before market open. I think of it as a "takeoff check list". I credit this list with a lot of the improvement I have seen in my trading since the max loss day.

Chapter 2 W: "One of the principal reasons so many successful people have failed miserably at trading is that their success is partly attributable to their superior ability to manipulate and control the social environment, to respond to what they want. To some degree, all of us have learned or developed techniques to make the external environment conform to our mental (interior) environment. The problem is that none of these techniques work with the market." A: Mark is telling us that people used to controling environments (CEO's, lawyers and others) do not have any influence in the market. For people who have created a career depending on their ability to influence others to meet organizational goals and outcomes, this new reality is very challenging. A: So...I was involved in public education in Canada for 32 years. The past 11 years I have been in a role of senior managment executive. While not the CEO, I reported directly to the CEO. So, Mark's point about not having any control in the market is a very interesting and highly relateable experience for me. I have nevery been called a control freak! Just...I always pushed to collaborate with (influence) others to ensure we provided the best educational experience for our students. For me, I prided myself in building teams and helping others become better leaders...there's that influence thing, again! Without a doubt, this hit me like a ton of bricks and I think my understanding this in myself will help me, moving forward. Looking forward to our chat and meeting everyone on THursday!

Bulldog - great observation and so so true! A tough lesson for many of us to learn, but completely essential. Thank you for sharing:) Marco - great insight and I am sure being an engineer you bring a lot of traits with you that are so wonderful to have as a trader. I have worked a year to develop more "engineer" into my personality type. There is so much psych involved in trading. It is something we all have to learn:) Kendal - thank you for sharing and yes that is really great that you have already started working on mastering/altering those thoughts. You will be able to apply some of the same tools to trading and I am sure you will learn some new ones along the way that can apply to your life outside of trading. SaskMike - glad you have joined us and thank you for sharing. Yes - trading is definitely a mind game. We need to learn strategy and technology, but all of that cannot be fully recognized to it's fullest potential without the right psychology. Most of our backgrounds did not prepare us for trading....unless of course you were raised by traders or professional gamblers (lol). Pro athletes and military have some things that they may be able to bring with them into trading such as "discipline to process, perseverance, performance focus" but for most of us; we have to learn a new mindset and restructure how we deal with our emotions. We will get there!!!

Susan, thank you for implementing this initiative, which I think by doing it in a group chapter by chapter analyzing, sharing, and putting into practice the concepts, will make my trading different after these months of working on this gem of a book. I will try to be this week but I am not sure of achieving it because I am moving, so I share my two chosen sentences and share some reflections.... We MUST learn to redefine our trading activities in such a way that we are truly accepting risk. As this is achieved; we will not interpret market info in painful ways. If we are not defining the market info in painful ways; we eliminate the tendency to rationalize, hesitate, jump the gun, hope the market will give us money or hope the market will save us from our inability to cut losses. My main problem is not accept the losing trades, either for the money to lose or be wrong, I know that when I trade with Kyle's Hotkey with the measured risk example $ 30 and I know that is what I could lose, I usually do well, more times I won than I lost and I always felt good when I won or when I lost and many times I lost in a trade I recovered the day in the following. When I didn't use the Hks and didn't calculate the risk in advance and came in with fixed amounts I did very badly in the end. E.g. 50 shares in $TSLA of course I was happy when I won in a few minutes $250 but the next time when it came against me and without stop, I was not able to accept that level of loss - $250 when I should only lose at most $100 in a day. The worst thing is that the perverse ritual began that the mind prevents you from seeing objectively what the market is doing and commands you not to accept that level of unexpected loss increasingly greater in the hope that it will return in your favor. It seems to me more damage does me that in the end it operates in my favor because it leaves me a severe damage because my mind will believe that it will always be like this and one day destroy my account. We have to adjust our attitudes & beliefs about trading in such a way that we can trade without the slightest bit of fear, but at the same time keep a framework that does not allow us to become reckless. That is what this book is designed to teach us. I really hope to work on this and that the book will help me achieve it, I become reckless after a winning streak. For example, on a day that I am winning, I do not even accept a trade that only goes back 10 or 20% of my profit day and, at the end, ends up erasing my winning day. Recklessness, non-compliance with the plan, overtrading etc. causes one to enter a trade that should no longer have entered. It was changed to assess the risk of the trade in advance for the risk of the spiral without control of emotions and this has been fatal in my experience of trading. I hope to work hard, and I want to do it, day by day, this is not just reading, studying and voila, I will be a successful trader, NO. As Mark says on the contrary it is extremely difficult and requires a lot of work and perseverance in doing it correctly, for a long time, with discipline and proper mind control, perhaps there will be some relapses, but I hope more and more spaced until they disappear with the new habit acquired, from the appropriate process in each day of trading always.

To complete the rider agreement DAS Trader - Interactive Brokers IBKR: the first two slots is today's date the third slot is DASTRADER and the forth slot is you U account numbers you will only sign the customer side and upload, don't worry about IB side signature, it will be sent after upload to IB to fully connect the account

As previously said you need not only a set up but also an entry strategy, and trade management strategy including you target ( a level, MA or 3R) where to partial, do you move SL to BE or you partial at 2 or 3 R and then you move your SL or it could be all or nothing ( 3 R without moving SL.). The goals at early stage is not how much money you make but getting familiar with the platform, defining a trading process , get enough screen time, learn price action, L2 and T&S, identify which set ups you trade the best and which you are not good at and scratch them, building a journal and sound review process. Money comes naturally once you master the above. We all start with the mindset of the outcome but in trading the process oriented approach is the way to success. You are not doing wrong, it is a learning curve, you enter in a good trade, couldn't manage, so now your improvement goal will be to define exit and partial strategy. Don't expect to be able to hold the entire move, it will take time, we all start scalping and shorter TF and once we get some experience we move to bigger TF and look for set ups there to get the bigger moves. Don't beat yourself. You did it great! I couldn't see any set up for much longer than 3 days when I started.

You can right click on the chart area then select Data Config, and make sure you have a check mark on "Show Pre/Post Market" (Red Circled Below) Best of luck.

Hello, Just a quick contribution to the community. Here is a Google Sheet file showing how to automatically transform the "trades.csv" file from DAS to a nice trading journal table. https://docs.google.com/spreadsheets/d/1CTlu1sN6JAvMikJ9nQJB-4oVAhWzxf5_HB56MPwU978/edit#gid=2006003612 Copy the spreadsheet and use the sheet named "Copy of GK. Help" which contains explanation and formula. NB: first you must config in DAS your "trades" file columns so there are the same as on the sheet column A to H: Time Symb Side Price Qty Route Type P / L DAS "trades" file looks like that: Time Symb Side Price Qty Route Type P / L 9:31:09 FCEL B 6.55 1675 SMAT Margin 0 9:33:34 FCEL S 6.44 1675 SMAT Margin -184.25 9:33:48 PLTR B 26.34 1182 SMAT Margin 0 9:35:22 PLTR S 26.16 1182 SMAT Margin -212.76 9:37:27 SOFI B 14.78 2871 SMAT Margin 0 9:43:11 SOFI S 14.78 2871 SMAT Margin 0 9:46:31 SOFI B 14.85 1827 SMAT Margin 0 9:54:23 SOFI SS 15 182 SMAT Short 27.3 10:04:02 SOFI SS 15.06 164 SMAT Short 34.44 10:13:36 SOFI SS 14.99 740 SMAT Short 103.6 10:13:37 SOFI SS 14.99 370 SMAT Short 51.8 10:13:39 SOFI SS 14.99 185 SMAT Short 25.9 10:22:22 PDD SS 97.46 78 SMAT Short 0 10:28:30 PDD B 98.12 78 SMAT Margin -51.48 10:28:37 PDD B 98.17 744 SMAT Margin 0 10:30:31 PDD SS 98.34 74 SMAT Short 12.58 10:30:32 SOFI B 15.04 250 SMAT Margin 0 10:30:38 PDD SS 98.39 67 SMAT Short 14.74 10:32:00 SOFI SS 15.27 100 SMAT Short 31.11 10:32:00 SOFI SS 15.27 100 SMAT Short 31.11 10:32:00 SOFI SS 15.27 100 SMAT Short 31.11 10:32:00 SOFI SS 15.27 100 SMAT Short 31.11 10:32:00 SOFI SS 15.27 36 SMAT Short 11.2 10:33:41 PDD SS 98.48 60 SMAT Short 18.6 10:33:53 PDD SS 98.51 54 SMAT Short 18.36 10:34:13 PDD SS 98.63 48 SMAT Short 22.08 10:36:25 PDD SS 98.36 220 SMAT Short 41.8 10:38:32 PDD S 98.08 221 SMAT Margin -19.89 10:42:54 PDD SS 97.96 170 SMAT Short 0 10:47:52 PDD B 98.12 170 SMAT Margin -27.2 10:50:26 PDD B 98.22 141 SMAT Margin 0 10:58:49 PDD B 97.95 141 SMAT Margin 0 10:59:01 PDD B 97.94 282 SMAT Margin 0 10:59:28 PDD S 97.94 564 SMAT Margin -40.89 And the google sheet results like that: Open Time Close Time Symbol Side EntryPrice ExitPrice Init.Quantity Volume Exec Count Gross P&L 9:31:09 9:33:34 FCEL B 6.55 6.44 1,675 3350 2 -$184.25 9:33:48 9:35:22 PLTR B 26.34 26.16 1,182 2364 2 -$212.76 9:37:27 9:43:11 SOFI B 14.78 14.78 2,871 5742 2 $0.00 9:46:31 10:32:00 SOFI B 14.85 15.27 1,827 4154 12 $378.68 10:22:22 10:28:30 PDD SS 97.46 98.12 78 156 2 -$51.48 10:28:37 10:38:32 PDD B 98.17 98.08 744 1488 8 $108.27 10:42:54 10:47:52 PDD SS 97.96 98.12 170 340 2 -$27.20 10:50:26 10:59:28 PDD B 98.22 97.94 141 1128 4 -$40.89 Big thanks to the Google community that help me on this. Hope it will help you.

The Money Zone is where 70% of the volume was traded on a given day. It can use it with das trader. Its in the study config/volume by price/config button and check the show volume area box. to use it go to the previous day and mark the value area high, value area low. you can then use the marked area to judge the type trading day for the upcoming session. in this example NIO is opening above vale and above yesterdays range. this signals bullish strength and should have you looking to take a long position if your bias is confirmed. This can also use this with a longer time frame. when we go back 5 days and see NIO has been consolidating. Mark the Money Zone area for this expanded timeframe and you can see after 3 days NIO dropped below the lower value area and quickly bought back up to the top of the value area. the next day NIO sold off in the morning and was quickly bought back up to close above value . This is signaling a possible rejection of value and a possible move to new value ahead. another confirmation of strength in this move is the pivot point relationship. it is an inside value relationship with a narrow pivot range further confirming the possibility of searching for new value. as we can see it didn't even stop to test the value area high before looking for higher value area.

Shift your objective to something more along the lines of learning how to trade and building a process that yields consistent gains. The money will come. For most it takes a couple of years or so; some claim less than a year. Bootcamp will help with the process part and is very much worth it. You still have to figure out how you want to trade. I traded over a year before participating in bootcamp and am glad I waited that long. Takes a while to learn about trading, see numerous patterns/ strategies, etc, get used to DAS and so on. You have to put in the time to see what you can see in the market and get a feel for how it works. No way around it. I recommend getting at least a few months of trading seat time before bootcamp.

I shared my thoughts on the classic ABCD/Flag strategy. This pattern presents itself in virtually every move, across multiple timeframes. The formation consists of: 1. Run-up/sell-off 2. Profit taking/consolidation 3. Continuation Let me know your thoughts!