Greg

Jan 31st P&L After Commissions: -$204 Trades: 9 Did I Walk Away On My Own: No - Max Loss - Das Stop out Traded so terribly today. I just didn't have it today. I took larger share sizes today, and I was impulsive and greedy. I didn't sleep well, but that is no excuse. If I'm going to trade I need to be ready to trade. I dont know if It was just because I was tired and my poor poor trading, but I felt that the market was moving so fast. Everything was moving quickly today. I didn't do anything right, and I am ashamed with how I traded. Could I have been any more wrong? Every trade I took went against me. 6 trades, never even went my way. The longest I was in a trade today was 3 minutes. No great setups. Just taking trades to trade. I need to be smarter tomorrow. $FB - Took FB twice. First time I thought it would bounce so I went long. I knew this wasn't a setup that I wanted and the stock was moving so fast. I exited immediately after 4 seconds. The second trade I saw as a short. It moved about 50 cents. I took minimal profit and stopped out slightly after B/E. These trades were the best trades of the day. AAPL - Saw it bounce off PDC twice. When I entered, it blew right through. I was being picky with my stop. I was trying to set a limit order, it never filled. Stocked moved up and I had to get out. For some reason, I took a larger share size on this trade and the trades after this. I normally take 100 shares on AAPL, but here I took 150. This clearly broke my trade idea of a PDC bounce, so I need to market order out of these trades instead of setting a limit and trying to pinch pennies. Could have cut this loss in half with an appropriate stop. MSFT - Got Chopped up. I was indecisive. Kept switching my position. Took a large share size (200 shares) because MSFT has been traditionally a slower mover. Should have taken 100 shares here today since it was in play. I'm glad I at least stopped out properly on these. PYPL - This is where it all went wrong. I took a reversal. It wasn't a great entry. It popped up against me. Again I took 200 shares. Maybe too much for PYPL today. I didn't respect my stops. I took the first short at $89. Should have stopped on the next candle over for a $20 loss. Let it go up a $70 loss and finally exited for a loss of $45. I didn't respect my stop. It did make the move that I wanted it to make. I saw it bounce off VWAP and I thought I could get into it again. I revenged traded it on the second trade. I was down $100 or so on the day at this point. I saw it bounce off VWAP and drop back down to $88, so I took it at $88.47 (200 shares) and wanted to catch the drop back down. The plan was to sell all at $88 and get myself to break even for the day. I was trading my P&L and not the stock. I got squeezed and I didn't stop out. I just didn't think PYPL could make a move that big like that. 50 cents for PYPL on one candle is a lot, so I just thought it had to stop before it got to where it did and pullback. I didn't stop out on this trade. DAS risk controls stopped me out at $200 for the day (of course right at the top of the candle). I dont blame DAS. It was just poor trading on my part. Normally when I have bad days, it is because I broke my stop loss and am being dumb. I was being dumb today. I was emotional. I traded very poorly. I shorted while the market is strong. On most of my bad days, I can at least be somewhat proud of my trade ideas and entries. Today I am not. I took bad trade after bad trade with bad entries all around. There isn't a whole lot to be proud of today. I will have to be better tomorrow.

Jan 30th P&L After Commissions: $57 Trades: 18 Shorts: 14/18 77% Did I Walk Away On My Own: No - Max Share Limit Stop Out You don't have to trade perfectly to be green, you just can't trade poorly. A lot of my red days are from having one or multiple big losers. If I can avoid the losers and follow my rules, I dont see why I can't break even or go green consistently. My confidence has been up lately, I've been doing a fantastic job in the first 30 minutes of trading or so. I've been getting good size winners and keeping losers small. My winners have been barely going against me, and I'm setting and keeping very tight stops on my losers. Today was more of the same. I hit my goal early, I just didn't want to stop trading. My goal is $120-$150. The past two days I hit $120, but kept trading. The idea of having a $200 day really entices me. I need to understand that I set my goals when my mind is thinking rationally and that I should be satisfied with my day and trading if I hit my goal. Again my MAE in the morning trades has been perfect or near it. I've entering right when the stock makes the move, and I'm really proud of that. $MU - Took an ORB on MU. Dropped very nicely as soon as I got in, I just didn't take much profits. I was holding for the break of the 200SMA on the 1 min and a much bigger move to follow. I exited at B/E. Even though my MFE was about $50 and I captured only $9 of it, I am happy with how I traded. The stock didn't make the move I wanted, but I am happy with the small profit I took, and exiting appropriately. A green trade and a win in my book! $FB - FB was my big winner of the morning. I took it short 3 times. I stopped out the first time, when it appeared to break back above VWAP. For the second trade, I saw that it was coming back down below VWAP. I normally do limit orders for the most part, for this one, for whatever reason I did a market order to get in. I regretted it a little as soon as I hit the button, because I did feel that I didn't follow my strategy of placing a limit order for a precise entry. I didn't get a great fill on this and it was worse entry than the first trade, but the stock instantly dropped, I covered some and decided that because it moved so fast, that I should exit completely which I did. I was in the trade for 9 seconds total and made $87. It happened so fast, that it was a little hard to process, I'm assuming I saw something and my subconscious took over and hit the button for me. The third trade was a 50SMA break. I take these daily where they break the 50SMA and I enter when it retest. In this case the stop would have been above VWAP, I felt it was a great R/R. Stock again moved fairly quickly. 50 cents in the candle that I entered. Got out the rest when it couldn't break the 200SMA. $AAPL - My first entry into AAPL was a 50SMA Bounce. Seemed to be holding on the 1 min, so I thought it would make a good entry. It may not have been the best trade idea, but I have no problem with it. I just didn't stop out. My stop is usually on these the break of my trade idea, so in the case the break of the 50SMA. Since it was near the VWAP, I let it test to VWAP to see what happens. It broke through easily and I took a great exit considering the circumstances at VWAP. I took about a 30 cent loss on this. Not a lot to say on the second AAPL trade. Saw weakness, took it short. Dropped right away, sold some hoping for the break of VWAP, but it popped back up and I got out. $T - T was a easy reversal. Broke the 50SMA, came back to retest it. It was a large red candle, but my strategy is to take the retest of the 50SMA. Stop is below the 50 and price target is VWAP. Because I do have the tendency to break my stop loss, I am hesitant to trade stocks below $30. Usually I take 200- 400 shares, and what happens is I always let the stock move a few more pennies, and then a few more pennies when they are going against me. These pennies add up when you have a few hundred shares! I wasn't feeling great about taking something like this, so I did take profits early. I had about 100 shares of my 225 shares left when it got to VWAP. I didn't think it would keep going the way it did, so I just fully exited. Missed out on about half the potential profit. $BABA - I know you aren't supposed to short super strong stocks, and I've been burned by it before, but I felt BABA was stalling at the top here. Decided to take a short, it was risky, and I definitely understand that. I took profits fairly quickly for that reason. First at $166 where it hit and held a few times. Then when it broke down and again when it hit the 50SMA. It broke through the 50 and the target was the previous day mark which it hit really nicely. I just didn't have the patience for it. Exited a little early. $NVDA - Now for the bad trades. I was at about $150 at this point, which is my goal. My second time hitting goal for the day. I kept trading, because I felt good and $200 would have been really nice. The big mistake it seems like always is when I look at my share count for the day. I have a 4000 share limit, so I peaked to see what I had left. I had 150 shares so again like yesterday I wanted to make them count. I decided on NVDA and went for a VWAP break. It didn't hold, it pushed up above VWAP and I didn't exit when it broke my stop loss. My bad habit is letting my last trade run. I need to treat it the same as the first trade of the day. It finally got to a point when I couldn't hold anymore and I took a $60 loss. Knocking me down to about $90 on the day,. Since it did break the 50SMa, I decided to enter with my last 50 shares long at that point. That went against me to and brought my daily P&L down to $75. Just like that I went from $150 to $75. Terrible risk management and turned a green goal day into a ok green day. Lesson from today is easy. Stop when you hit goal. I am happy with how I traded. I loved my trades in the morning, and I am ok with getting chopped up mid day. At least for now, that means I am stopping out or exiting a trade fully when I lose confidence in it. I will take that for the time being. Again I hit double dig trades and again above 15 trades. I do need to work on my selectivity of trades. Mid day is where I usually lose it, while the mornings are great. I believe this to be the case because before I start trading each day, I go over my goals and rules. It is fresh in my mind of what I am trying to do and achieve. It might be beneficial to review my notes again mid day.

Thanks Carlos. Unfortunately, I hit goal again today (twice) but finished at about 50% of goal. I'm a slow learner! When I'm up early in the trading day, the greed of having a "really green day" outweighs the fear of losing some or all of the profits. I need to remember the market is scary and I need to take my money and run when I hit my goal.

Jan 29th P&L After Commissions: -$30 Trades: 16 Shorts: 12/16 75% Did I Walk Away On My Own: No - Max Share Limit Stop Out Man oh Man, today was very interesting. I set out today to be in control of my FOMO. I believe that FOMO is the root of all of my problems. I will make a separate post regarding this. When I learn to control my FOMO, I will be a great trader. This is what I will be working towards going forward. I wanted to be in control today, I wanted to make sure that I started off green instead of red on the first trade, and I wanted to make sure I took A1 setups. I absolutely crushed my first few trades of the day, I have to say that this is probably the best I could trade. I was very happy with both my wins and my losses. I had ok wins, I didn't take anything that made an extreme move, but I did get winners and I had some great exits on my losers. I traded almost perfectly for how I trade and I couldn't have been happier. The problem was today was a tale of two halves. I was in control and I did not have any FOMO. It was until I hit my goal and continued trading that I triggered the FOMO and the day spiraled out of control. The goal of the day was controlling FOMO and being in control of my trading. It got off to such a great start. I missed a huge move by literally one penny. I put my limit order in on a SQ trade. This was my first trade attempt of the day. I had it set to $71.98 and I believe it hit $71.97. The next candle it dropped $1.5. (not pictured, I wanted to capture the screenshot and remove my limit order) That move alone would have made my day. I missed the trade, which is annoying, but it didn't upset me. I cleared my head and I let it go. I continued to patiently wait for entries. I am so proud of myself for doing that. The screen shot doesn't show it, but the stock dropped down to $70.50 on that very candle. I didn't get in on this trade, but I survived. I didn't let it bother me. I did a great job of controlling my emotions, but I did hit my limit, and my FOMO did kick in during the second half of my trading. The P&L chart is disheartening for today, but I will overcome it. I am proud of how I handled SQ and I will learn from this. This isn't the first time where I hit my goal and turned into a red day, and probably not my last, but I will take lessons from this day. I boxed the trades in Green where I was in a great mindset. As you can see in the blue box. My winners never went against me. 2 trades have a MAE of $0 and one has a MAE of $2. This is amazing for the MFE and profit I got on these trades. I was very quick to exit my losers. I had two losers in the morning, I exited them in 45 seconds at 18 seconds respectively for very minor losses. The 3 trades in the Green but not blue boxed are where after these the FOMO kicks in. I hit my goal with the blue boxed trades, but I was feeling good, trading good, and I wanted one more win. I will show you these trades later, and you will see how they got to me. Yellow is where I started to lose control. I wasn't trading well. I didn't stop out on VZ (held that trade for 1 hr 40 min). Red is where I have lost control. You can see the huge difference in the blue box in the red compared to the green. These stocks never went in my direction. The most they ever did was $6. They all went $25-$44 against me. The difference between my trading here is night and day. On both of these tickers, I swapped my position. The trading was downright bad. It was desperate trading. NFLX is double boxed red because my emotions completely took over. I have Das Risk controls that stop me out at 4000 shares. I was still in my VZ trade at the time and I checked to see that I could take 150 shares still before risk controls stop me. I do keep my share count hidden, but when I go crazy, I will check. My emotions took over and I went straight to TSLA and NFLX, knowing that there would probably be a great opportunity to make my 150 shares really count. I normally take less than 50 shares or so if I trade these, so I wasn't thinking rationally. You can see the huge swings of $95 MFE and a MAE of $65. The Green Box Caught a nice $1 move on NVDA. Thought it would break down farther. Exited slightly before break even. $FB - I asked myself, Is this a reversal? I said no it wasn't and decided that it was a great R/R short. I took at the whole number and the 20EMA. I would stop out for pennies or catch a $1 move. I added to my position on another pullback. Wasn't the best entry but still profitable. AAPL - Broke below and held below VWAP. This is where things start to fall apart. I didn't trade poorly (at least in regards to my P&L). I took two shorts, both were fairly good, but I exited both prematurely before the big moves that happened. Both had big moves happen very shortly after. SPY dropped about a $1 which is huge and NVDA dropped about $3. I know with the day I was having I would have taken profits on those earlier and I wouldn't have captured everything, but it did trigger me that I had big winning trades twice and I let them go. The FOMO kicked it and it was strong. The Yellow Box Here is where I started to trade emotionally. My AAPL trade wasn't the worst. Got a little scared and got out of the first attempt. Got back in and it dropped. I was very cautious with profit taking. I really wanted a bigger move. For the 3 place of profit taking I covered half my shares. Got out the rest at B/E. Only made $14 on 100 shares on a stock that moved about 50 cents. VZ - I lost complete control. I dont mind the entry, but I didn't have a good feeling with the price action, but I didn't want to stop out early like I did on SPY and NVDA earlier today. I decided to hold. I added slightly to my position and when it broke upwards, it broke hard. I made this same mistake yesterday and I didn't learn from it. It came back to where I thought would be a good point to partially exit. If I feel that way, I need to exit fully. I need to understand, its ok if the stock continues to come down after I exit. I need to protect my P&L. I sold 2/3rds of my position there. This is what I need to learn from this trade! I traded it very poorly otherwise. Doubled down multiple times and held with no strategy, just hoping it would come back down. I would have continued holding, but I had to exit the house. The Red Box These 4 trades are absolutely just sloppy gambles. The SQ long was really bad. I like to take it when ti breaks the 50SMA, but I took this below the 50SMA. This wasn't a good entry. I also need to exit even if that means exiting the trade a few seconds after getting in. Then I position swapped it short. I did the same thing with FB right after. If you check the overview for the day. It took me 10 seconds after exiting SQ to enter the FB trade. This is not in control trading! Same thing as SQ, broke the 50. Entered on the Restest. Exit and Then took it short. Red Double Box NFLX - Not the worst trade. I took it short. It broke under $330. I originally entered with 100 shares, felt confident and added 50 more. Stock moved my way, and held below the 50SMA. Took some great profits and I had my limit set thinking it would run down. It popped up on me and I decided to exit the rest at slightly above B/E. Broke even on this trade. The trade itself is whatevers. Not horrible, not great in terms of price action. The problem with this trade was the FILG attitude I had because I was on my last trade of the day. I took 3x my normal share size on NFLX and I was trading solely for my P&L. I had great gains, but got greedy and wanted more. I threw all caution to the wind, and it was super disappointing. This day had everything. I started off so well. I traded perfectly. I took great trades and exited very well on my losers. (Maybe I shouldn't even have been in those losers in the first place) It wasn't until I missed out on big moves that didn't even hurt my P&L, that I started to trade poorly. I need to control my FOMO. First I missed the big moves, then I had the VZ trade go against me hard. Those two combined set me off. When I lose control emotionally, I do not recover until the next day. I need to always be monitoring my FOMO level. I need to recognize when I am getting triggered and what it is doing it to me. When I lose control of my emotions, I need to walk away for the day. When I learn to control my FOMO and my emotions, I will be a great trader.

Jan 28th P&L After Commissions: -$37 Trades: 16 Shorts: 13/16 81% Did I Walk Away On My Own: No - Max Share Limit Stop Out This post is one day late. I will catch up with my recaps today. It seems that lately, I've been starting off red where by mid day, I am trying to just get myself back to break even instead of trying to hit goal for the day. This was another day like that. I was out of control from the beginning. I wanted to start this week off right and trade patiently with no FOMO and to wait for my setups. As soon as I took a bad SQ trade, the over trading and revenge trading began. Again I had some good setups where I did not maximize profits, instead I tried to have them dig me out of the hole that I'm in and make me positive. I need to just take what the market gives. I don't really have a lot of exciting trades for this day. I got chopped around quite a bit, and I had some ok winners which equaled out the max loss losers. SQ Messed me up from the start. I took a big loss on the trade and then let a winner turn into a loser and stopped out before I had another winner. I circled the 3 individual trades in this chart. The first trade, I should have stopped out earlier. I don't mind the entry. I love taking the stock when it breaks the 50SMA or 200SMA and retest it. The retest offers a great risk reward if you stop out. I got the entry I would have liked, but I didn't stop when it broke under. I only should have lost 5 - 10 cents max on this trade. Instead I covered a partial when it hit the previous day mark and the rest when it came back to VWAP. I then went short. I lost $45 on this trade which is about the most I want to lose on a trade. The MAE on this trade is $80 which is really bad for me. My second trade was short. Again I feel this is a good entry. It never really went against me and I got the push down back to previous day close. I took a partial profit there expecting it to go farther done. It came back to VWAP and I added to my position. I probably shouldn't have done that. It was a small size. It then popped up against me, I intended to exit, but made a hotkey error. I doubled my position, but then immediately closed the entire position. The 3rd entry was a long. I thought it would hold VWAP this time. It never feels good to trade a stock 3 times in a row, swapping your position each time. So I exited quickly for a small gain. $CGC - My best trade of the day. Took this as a VWAP break and break of all trend lines. Very safe and easy trade. $AAPL - This one got me good, I thought for sure this was going to be a VWAP break and a easy short. I took a larger entry than normal (150 shares), but I didn't get the exact entry that I wanted. The stock popped up a little and I added to my entry which gave me double my normal share size. I didn't like the price action, so I exited half my position for a small loss and the rest when it popped up. I had the right idea for the trade, just the timing was wrong. I also started doing this fairly often now. I will exit partially instead of fully exiting a losing position. Very rarely will it ever work out for me, and when I have the feeling that I need to exit, I need to trust myself and exit the position fully instead of exiting some and hoping the stock goes my way. I think this is me admitting that I am wrong, but still holding hope (gambling) that the stock will move for me. $FB I was getting chopped up all day. A lot of my positions ended up being less than $10 gain or loss. I was worried about getting chopped up, so when I took this FB short I decided that I wanted to exit this position quickly. I got in this trade at the perfect time, never went against me. I just exited too quickly because I wanted to be better at profit taking. Seems that when I exit quickly, the stock continues moving, when I hold, the stock bounces. I captured max 40 cents out of a potential $1 move. Not Good! $SPY - Last major trade of the day was two trades on SPY at 10:50 and 10:54 This trade looked very similar to the AAPL setup that I took earlier. I just did a better job of stopping out of this one. It popped up and I found a great and much better entry. Again this never went against me and made a huge drop. I tried to wait patiently on profit taking and did an ok job. Stock moved 70 cents and I captured about $40 profit on 100 shares. Definitely could have been better at the profit taking, but considering that I missed the bottom, I am not upset by any means with this trade. Also pictured is a quick scalp at 10:40. (Dumb and risky trade, but at least I'm happy that I got out) Overall a very choppy trade. A big loss in the beginning and a couple other decent sized losses because I was slow at stopping out. I didn't trade great and I didn't trade poorly. I did make some mistakes that hurt my P&L

Jan 25th P&L After Commissions: -$172 Trades: 15 Shorts: 11/15 73% Did I Walk Away On My Own: No - Max Loss This was a terrible day. I started with two really bad trades and broke my rules right off the bat. I hit max loss in the first 15 minutes. I was emotionally wrecked at that point and I should have quit there. I just didn't want to end my day after 15 minutes and go into the weekend like this. Instead I kept trading, I was doing ok, not great. I opened my daily P&L after the first two trades and I traded based off my P&L the rest of the day. My mentality changed, I didn't take proper profits. I traded scared and I traded to hit homeruns. Mentally it was very weird. I had quite a few decent winners, that turned into just break even trades because I wanted each one to be the trade that gets me back to break even or at least take a big chunk off my losses. I did claw my way back to a manageable red day, but I wanted break even and risked everything to get it. I knew I was close to approaching my daily share limit. I have a 4000 share limit so near the end of my trading I checked to see how many shares I had traded so far, and made my last trade of the day based off the number of shares I had and how I could maximize them. I hit max loss on the last trade of the day, on a gamble entry. It was a red day from the beginning and the big drop off was me trying too too hard to get back to B/E. I highlighted my 3 killer losing trades in red. I highlighted in Yellow my trades that were decent winning trades that I let turn into break even trades. MFE is the max profit I could have had if I sold at the best possible time in the trade. Often, I ended up with a tiny fraction of what the potential winnings could have been. In the recap I am going to go more into my mental state than the trading technicals and what I saw. I will posting the trades that had the biggest emotional impact on me. 1 - $MU I traded this one before the 5 minute mark. I normally dont' do that and I normally don't have any urge to trade early. I saw that someone said they got squeezed on MU so I went to take a look. It looked like a long to me at that point and I took right at $38. I'm not sure why I felt compelled to take this trade. If I didn't read that comment about someone else taking then I wouldn't gotten in if I just was watching MU on my own. I can be really stubborn when I am in a trade. When I am in a stock, I often times take a wait and see approach which I should never do. I didn't feel great about this one and I considered fully exiting when I took first profit, but I wanted the trade to be more than it was. I couldn't accept a loser on the first trade of the day so I doubled down and then finally got out a very terrible point to exit. My trade idea was broken and I should have exited, but there was a significant level that the stock bounced off of there. On the first trade of the day, I felt that the market was out to get me. 2 - $SBUX I took another shot at an ORB. This one also went against me and instead of getting out, I doubled down. I easily could have exited around the 9:46/47 mark for a $15 loss or so. I was being very dumb and letting my emotions take control. If I did exit there, I would have been down $100 which would have been a terrible start for the day and I didn't want that so I stayed in the trade, hoping it would turn around. It popped up and it hit my max loss on the trade and auto stopped me out for a $80 loss. I instead was down $160 to start my day. The thing with this pattern is that it has gotten me time and time again. I've seen these where it opens down and comes back to test VWAP. I haven't figured out exactly what the criteria or setup is but I need to be taking these long. I have been burned too many times by seeing this exact pattern and shorting it again. I have the setup in my head as a 5 min ORB, it comes back to test VWAP and doesn't immediately push off, instead it will make a ABCD pattern with B pushing on VWAP. If the stock does break VWAP the push upward is usually huge. If you can enter long during the consolidation the risk/reward is very good. I'm not sure if Andrew teaches this one anywhere, but it something that I noticed. My only fear and why I dont take this pattern more is because you will have to take it long under VWAP. I will be looking out for it more. So I did see the pattern when I did take SBUX, I just can't help taking it short near VWAP when it opened down. I need to flip my mentality on this type of trade and I should have known that if if it were to break up that It could run quite a bit. 3. $WDC I felt I had a great entry on $WDC, right at $44 and strong resistance on the 1 min and 5 min. I felt I had a winner in my mind. I took some profit right away to feel comfortable and then it popped up on me. I took a larger share size than I would have. I was trying to make my money back. I took 100 shares even though I knew this stock could easily move 50 cents a minute. It did go about 30 cents against me and would have been really close to reaching my max loss on the day if it popped up again. I got scared and decided to look for a exit. The stock was coming back down and I set the limit right at my entry. Of course the stock would break down and over the next few minutes would have gone 75 cents in my direction and almost $2 in my direction over the next 15 minutes. I got scared out this trade. 4. $ABBV I took a great entry on a reversal on ABBV. It was holding $80 and couldn't break below. It went about 10 cents in my favor and for whatever reason I got scared out of this trade. I exit the trade and in the next minute it pops and the next 5 minutes hits VWAP. Exactly the move I wanted from it. Its damaging to my mentality knowing that I took the right trade, the entry and the trade idea was great. I just didn't manage it properly. There were literally no reasons or signals to exit. It was staying above my entry point. I was already mentally hurt on the day and I feel this one really added to it. The market got me good today. 5. $AAPL. The best trade of the day for me. This one was an easy short. I went 150 shares instead of my normal 100. Did a decent job with the profits and even added to my trade on the way down. I still had 50 shares left after it bounced off VWAP and saw it forming an ABCD away from VWAP. I didn't exit again because I was trading my P&L instead of the price action. I should have seen it coming that the stock was strong, I instead got stopped out of the trade by DAS when NVDA hit my max realized + unrealized loss later on. If I didn't get stopped out by NVDA, I probably would have just let this thing ride out anyways instead of properly trading it. 6. $WDC Another trade where I messed up. Just adding to broken mentality for the day. I took it short, got stopped out for a small loss and then reentered. It was a short and I mean to take 25% on the first profit taking. I'm not sure what happened, I must have not changed the share size, and I exited the position fully. I was trying to set a limit order because the spread wasn't great. I was not happy because I knew I had a big winner on this one. More and more damage was being done to my mentality because I felt even when I did things right, I couldn't do things right. Things were just going to go against me today. Believe it or not, I did put a limit short at the 50SMA $42.74 to be exact, just in case it came back up to test the 50SMA. It did do just that, but I pulled the order because I felt if the stock was going to jump up 40 cents then I shouldn't be in because who knows what it would do next. Next thing you know it goes right up to the 50SMA and right back down. I was very angry and felt I was being teased. Emotionally and mentally I was gone. If I stayed in this trade or if I got my second entry, I would have broken even on the day. I'm not as upset with myself for not keeping my limit order in, as much as I am that I hotkey errored my way out of a big winner. 7 $NVDA I made the big mistake of checking my shares that I had for the day. I believe I was something at 3890 out of my 4000 limit. I had 100 shares to play so I went with NVDA knowing that it could make a huge move and I could really make the 100 shares count. The second trade is the one where I checked my shares on the day. I took it short, hoping it would go back to about $153.50 where it was about 15 minutes ago. I thought it had a good shot at that and getting $50 on my last 100 shares would have put me at maybe -$25 on the day. This was a bad trade and I took it for all the wrong reasons. It wasn't a short and I because it was my last trade, I let it run. It was anything but a short. When I was done with this trade, my day would be over. I just didn't care at that point. I let it go, hoping that it would bounce off the previous day mark. I doubled my normal share size for this gamble and it cost me. This was a pure gamble. Mentally and emotionally I was ruined on this day. I felt that I couldn't make the right move, whether it was staying in a trade to let it run a little or exiting to respect my tight stop loss. Either way, it would have been the wrong move. I felt the market was out to get me and had a terrible day of trading overall. I need to remember what it feels like on a day like this. Where you dont have it, and you shouldn't be trading. I need to learn to walk away when I am not in the right emotional or mental state.

Jan 24 P&L After Commissions: $21 Trades: 10 Shorts: 8/10 80% Did I Walk Away On My Own: Yes This was an ok day for me. I didn't trade well at all but was slightly positive. I had a terrible terrible trade with AAPL. My emotions got me and I refused to take a simple $10 loss. It ended up costing me $85 and DAS Stopped me out of the trade. My big trade of XLNX wasn't great trading either. As you can see my daily P&L chart is not pretty. I took a lot of chop and exited with small wins and losses, I'm going to share the XLNX trade and the AAPL trade. $XLNX - This was a good trade with terrible trade management. This was the longest I've ever held a winning trade so I happy with that. (2 Hours 24 min) I did get to practice some patience, but my greed got a hold of me. The stock made a big move in my direction and I had my target set at VWAP which was a $3 move. I had my limit order set and was ready to hit this one big, and that was my big mistake of the day. I was very comfortable in this trade and I didn't see it going against me. I didn't take profit when it stalled because I wanted VWAP and I wanted it bad. It started to push back up, but I wasn't that worried about it, because I just felt that I had this one. It got back to my break even and I didn't exit the trade like I was supposed to. The stock kept going and went about $.80 past my break even. I waited in it which was very terrible trade management. I easily could have exited early for a small profit and should have exited at break even. I kept holding and saw that again it looked like it would reverse. I added to my position at that point, just so I can say that I wasn't just staying in this trade and getting lucky, but I thought it was a reversal. I was lucky that the stock didn't just keep going against me. If I wasn't already in this trade, I would have taken this reversal here. It took a little over an hour to finally get to VWAP which was higher at this point. I would be very very proud if I just entered at the second half of this trade. I love my entry and I really happy with how I took profits. No complaints starting with the short slightly before noon. Explaining my original entry. I saw this stock being a short. I wanted to target $107 as my entry for a short, but I was worried that the stock would make its move there, so I took a small share size around $106.50 (25 shares). Added 50 shares at my original target entry. Maybe could have waited a little long to enter instead of entering where I did, A little more confirmation that it would stop at $107 would have been better. First half of trade - 1 min Second Half - 1 min - Exited final postion where I did because it was the 50SMA on the 5 min. 5 min $AAPL - My other major trade of the day was AAPL. This was a disgusting trade. I deserve everything I got in this trade. My emotions got to me on this one as well. The trade itself wasn't good, but the trade management was worse. I wanted to trend trade AAPL, and when it didn't go my way, I couldn't stop out. I did add to my position two times, and there was no reason to do that. I took this trade at around 11:30, this is when my XLNX trade was going against me. I refused to lose on this trade while I was also losing on XLNX. I easily could have stopped out for $10-$12, but I was being so dumb. This trade cost me my day, and I hate that I did it, but I need to keep remembering this feeling. Dumb emotional trade all around. I did get autostopped out for a $85 loss by DAS. Very ashamed of this one. If I can't be handling a $10 loss on a trade, then I can't be in a trade. Its almost that easy. I need to remember how this feels, and when I feel this way, I just need to stop out. This wasn't a pretty day of trading. Couldn't catch any clean moves except for the second half of the XLNX trade. The AAPL trade basically wiped it out and I had a small $21 profit for the day. One trade ruined my entire day. Just dumb mistakes. I need to respect my stop losses in order to be consistently profitable.

Jan 23 P&L After Commissions: $143 Trades: 10 Shorts: 6/10 (60%) Did I walk away on my Own: Yes - Hit Profit Goal My goal for today was to go slower in the open. I dont have to take every trade I see. I had to remind myself that there are going to be thousands of trading opportunities today and I'm going to miss 99% of them. I dont need to hop on the first one I see. I have time and I can afford to be selective. I wanted to make sure that I took good favorable setups. I am proud of how I traded in the morning. I took 5 trades in the first hour and half. I am very ok with that pace, and I was fairly selective with what I took. I did go a little crazy at the end of the day. Took 5 trades in about 40 minutes. Only 4 winners today, but I did a good job of keeping the winners significantly bigger than the losers. It was a profitable day and much better than trading days of the past. $PTCT - Broke my stop loss on this trade. I thought this would be a pullback on the ORB and a great spot to enter. It was holding below the EMAs on the 1 min chart and I thought there would be some good resistance where I entered at $30. It blew right through $30 and I was ready to exit on a pullback. The stock was very strong and shot up 35 cents or so. My stop loss was $35.10ish. Basically above the 1 min moving averages. Broke my stop loss big time and when it came back near my entry, I decided to exit. I wasn't going to wait and find out what it did at VWAP. I was ok taking the loss there. The stock ending up coming down, but I was just happy to be out. $QCOM - Found this on the Scanner. Took two stabs at this one. I got out very quickly on the first trade (13 seconds). I had an idea that it might stall there, but I since it broke a few pennies up against me, I got scared and exited. It was a much riskier trade at that point. After a few minutes, it clearly could not break the 50SMA so I went ahead and took it short. Took 200 shares and did a good job of holding a chunk of shares when it reached the bottom. I got $100 on a 72 cent move. $FB - I took FB short when it reached the 50SMA. I put in on my list of stocks that could be potential reversals. I saw this stock making its move up from the bottom, for whatever reason it didn't look like a reversal. It happened so quickly and its not something you usually see. I treated this as a failed reversal when it had trouble breaking above the 50SMA. I took it short there. My entry was $145.88 and my stop was a break above $146. I took a smaller share size since I wasn't super confident. 75 shares. I took some profit right away and waited for it to drop down to $145.20 and then $145 to fully exit. I tried to hold the final shares for the break of $145, but it didnt do that and didn't look like it would so I exited my position fully. $PG - I love taking reversals when the price has broken the 50SMA and then comes back to retest it. I love my entry for the long on this even though it didnt work out. The R/R wasn't the best since the target is usually VWAP and the price action was already fairly close to the VWAP. It broke under the 50SMA and thats my cue to exit. I waited for the pullback to the 50SMA to attempt to minimize the loss and I exited. At that time, it felt like a short to me, so I went short. I did take a little too many shares on both the long (250) and short (225). I thought the stock was moving a little slower than it was. Again I think I did pretty good job of holding for profit. I took some almost right away and then waited for the push down to $94. I had some limit orders set and it filled when it made that large flash push down. $FB - Again these are the reversals that I love to take. I put a limit order in for $145.01. My mindset at this point since I was at goal, was that if it fills, it fills. If it doesn't, it doesnt. Stop was under $145. Tight stop. I was feeling good about the day and didn't want to lose profits here so I exited the trade and scalped a few dollars. At that point, I knew I was done for the day and ti would be better to just call it. Overall did a much better job with trade selection and did a better job of holding my winning trades to maximize my profits. I need to continue to be strict with myself before trading starts and I need to constantly remind myself of what the rules are when I am trading.

Tommy, I am 100% ok with all feedback and comments. I definitely need to work on my emotions with the newborn. This morning I was frustrated with the lack of sleep and I shouldn't have traded today. I knew it before I started, but I went ahead and traded anyways. This was a big mistake and will be a thing that I check daily. As far as the larger stocks go, I do adjust my share size accordingly. If I can tolerate a $30 loss then I will take 100 shares of AAPL which a normal large move could be 30 cents in a minute which is my $30. If I am trading MU I will take maybe 300 shares because I normal large move will be 10 cents in a minute. Both of these trades will give me $30 loss on large normal move as long as I stop out appropriately. ( I just need to make sure I stop out! ) As far as my weakness go, I do track them in a journal, and I do need to tackle them one by one. I was taking an approach to fix it all at once, but it becoming clear that it hasn't been working and I need to go problem by problem. I do keep track of a journal, I use tradervue and they allow you to tag trades. For instance some of my tags are double down, broke stop loss, gambling. I can search by tag and see how much in $$ each problem is costing me. What I plan to start doing going forward is to open up my tags every morning before I trade so I can see that doubling down has cost me $XXX, breaking my stop loss cost me $XXX and so on. I haven't been doing a good job of holding myself accountable and I think reminding myself each morning that I have loss $1000s on these problems could point me in the right direction. Mike, I do remember the Yelp trade and I have to say that doubling down on my losers has become a really big problem for me. I had to add DAS Risk controls to auto stop if I go to $90 loss on a trade. This should prevent the big big meltdowns. I have had a few of them. I also unfortunately have a set of rules in my head for what to do if I have added to my losing positions. I must stop out at break even or near break even for a small loss if there is a clearer exit point. There have been times, where I have turned losers into winners. I have had trades where I have significantly passed my max loss and had those turn into winners. It isn't a good feeling either way. Doubling down is my biggest problem and I have had many days ruined by one bad trade that I couldn't/wouldn't get out of. The doubling down issue, wasn't a problem until a few months after going live. I never did it in sim, but once I did it once or twice live, and it turned a losing trade into a break even/winning trade, I couldn't stop it. I know its wrong, and not a successful habit to have while trading, but it is a newer problem that I am working on removing. I am obviously an overtrader, so when I first started trading, I would quickly get out of the trade, knowing that I could reenter when the stock presented another opportunity. I had no issue with breaking my stop loss, or doubling down. When I went to correct my overtrading habit, by placing a total trades limit for the day, that is when these habits came up. At the time, my thinking was that this is one of my X trades for the day, so I didn't want to stop out early, or let a trade go to waste. I sat in the losing trades or even worse, I added to them. I decided to get rid of the total trade limit in a day rule but I carried the stop loss breaking and doubling down habits with me. I have a hard time accepting a losing stock, and that I think is the next piece of the puzzle for me. I need to accept that losing is going to happen and that it is normal to have a loser. Nobody is batting 1.000. It is normal to be wrong, and that I'm not going to win every trade. When I can accept losing, I then can accept stopping out appropriately and not adding to a loser. I can let the losers be losers and move on.

Jan 22 P&L After Commissions: $-187 Trades: 13 Shorts: 11/12 (92%) Did I walk away on my Own: No - Max loss I had an absolutely terrible day of trading. I really dont want to write this because I am extremely embarrassed with how I traded today. I was not in the proper emotional state to trade. I did not get a lot of sleep and I did not have a good mindset. I decided to trade regardless and it did not work out well for me. I broke most of my rules. I overtraded and I doubled down which really hurt my P&L. I do have a DAS auto stop on any trades with a $90 loss or more and this almost hit it. I took a lot of chop today and I didn't want for my setups. I also traded my P&L I took two losses right off the bat and I checked my P&L and I left it open for the rest of the trading day. Thats been my biggest issue so far. I am taking trades on my hunches. If it looks short, I short it. I'm going to reevaluate how I trade going forward. I'm not going to share many trades today, just the big double down that was extremely dumb. I color coded the trades that I want to talk about. Green $SQ - I let this winner become a loser. I was winning the trade. I was up $46 on the trade and I knew that would bring me to about break even. I felt good with the trade after taking profits. It pulled back to my original entry and I added to my trade. It wasn't the right move, and It popped up against me, so I wiped out the $20 or so profit that I originally had on the trade. Purple $AAPL will be posted below. With the red highlight, I want to show how fast I was trading and how many bad trades I was taking. I took 4 trades in 10 minutes. That is way too much and I should have known that. I also want to point out the duration of the trades. As soon as I got out of the trade I immediately entered a new one. Just from a quick glance, I for the last 3 trades in that box, I was out of the trades for less than 30 seconds. Not Good! I wasn't being selective, I was trading to get my money back. Dark Red - As I mentioned I was basically trading to trade. I was just hitting buttons, hoping one would payoff. I was gambling today. These trades barely if all went my way. 2 of the trades didn't even go in my direction. It was a losing trade the whole time that I was in it. I need to improve my trading selection. I was originally going to post only the trade where I doubled down and FOMO'd into it, but I want to give some context. These are the earlier AAPL trades. The first trade was just bad. There is no reason to take that trade long. There was a bunch of resistance still there and the VWAP. That was a bad trade on my part. Held too long on that as well. The second trade 1 of 2 winning trades that I had today. I am happy with the entry with this one and profit taking was ok. Not the best. I did exit the trade early. I had 15% of my shares left and something scared me and I got out. I entered this trade at 10:08. You can see my earlier trade in this image. I exited the trade too early. The stock dropped about $.70 which is a big move. I missed it, and I thought I could get back in on a pullback. I thought $155 whole number would be a good entry. It broke right through that. I let it go a little since I have stopped out winning trades early many many times. (Had a Poorly timed exit on this trade) I let it go past the previous day mark which I thought maybe it could have bounced off of, then it went to the 20EMA which I added 50 shares to my trade. It was holding the 20ema the whole way down so it seemed like a half decent place to add on. It then popped through there and hit the half dollar $155.50. I added another 50 shares there to bring my total to 200 and told myself if it breaks this, then I will exit. It broke the half dollar and I of course exited at the top. The stock came down and I did try to reenter for the short but that didn't work either. Overall this was just a terrible trade. I sold too early previously and I tried to get back into this trade instead of just being happy with my winning trade. There was no place to enter here where it wasn't a gamble. I gambled that it would bounce on all these levels when it showed no signs of bouncing. This was a poor entry, but could have been a $20 loss instead of a $80 loss. I was on tilt after my SQ trade went from a winner to a loser and it carried over and ruined the rest of my day. I need to realize when I have lost control emotionally. I should have walked away from the AAPL trade way earlier and I should have walked away from the losing day a lot earlier as well. I took a lot of junk trades at the end of my trading session. When I am on tilt, I will trade poorly even though I know I'm doing it. I dont want to end in the red for the day, and I haven't yet learned how to walk away. There are some days that you trade fine, and some that you dont. I need to recognize those days and learn to walk away.

Jan 18th P&L After Commissions: -87 Trades: 18 Shorts: 14/18 77% Did I Walk Away On My Own: No - Max Share Limit Stop Out Wasn't my best day today. I overtraded which I dont necessarily have the biggest problem with. I took a lot of trades, but my bigger issue was letting one of the trades run way way way too long for no reason whatsoever. I didn't want to take a $20 loss, so I took a $82 loss instead. The second huge mistake I made this day was really trying to force a short with AAPL. I took it short 6 times, hoping it would break under strong support that it never did. I broke my rules with my first trade of the day. I traded in the first 5 minutes. I usually dont have this problem, but I've seen a lot of good moves happen around the 3 minute mark where as at the 5 min mark, the R/R isn't even close to the same. I took TSLA long. I was busy on Friday so I tried to grab a screenshot of all my trades, I missed on this screenshot. I took it long, because it was holding all moving averages. Small share size, 30 shares. Couldn't hold VWAP so I should have exited, but I exited when it broke under support. Second trade was definitely my best trade of the day. It happened quickly, but it seemed that NFLX was holding the 20ema on the 5 and 1 min. Would have stopped out over the 50SMA on the 1 min. Small share size again, 40 shares on this. Took profit at VWAP, previous day mark, 200SMA, and 200SMA again after I thought it wouldnt break down further. Support looked strong because the 200SMA on the 1 and 5 were in the same area. As soon as it broke down, I took a break and checked the chat, I saw Andrew was in the trade and he held through the 200 and down to I believe $341. I did believe that if it broke the 200 it would drop like it did, but I for whatever reason something in the Price action, I believed that it would have bounced. Where I messed up today was Cron. I took CRON short when it broke under VWAP and came back to retest it. I got scared out the first time with CRON so I really wanted to take it short here and ride it down. I thought it was weak, when it clearly wasn't. My stop was above the 50SMA, but since I got scared out of the first time I got in this, I held way too long the second time. This is very poor trading on my part. Once I broke stop loss, I decided to wait for a good exit point. I did hold and get my good exit point, but me being greedy and dumb, I only covered a partial. My emotions took over and I didn't want to cover the rest at Break even. I covered 150 of my 250 shares at a great point considering the circumstances. I lost 6 cents per share on the cover, I definitely could have survived that and it wasn't a lot of money. I could have exited this bad trade for a $15 loss. When It popped back up I should have just got out, but I had my mind set on break even, which was really dumb. I let it run and run. Then it got to a point where I decided to add another 100 shares to my position to give me a chance at breaking even. Again I traded this very poorly. I saw a huge ask at $14.90 and told myself if it breaks that, I would get out and I finally did at that point. Ended up losing $82 on this one and it hurt my daily P&L big time. During the trading day, I keep a list of stocks that are under VWAP and have reversal potential. I had TSLA and NFLX on my list today. I waited for the NFLX reversal and I wanted to enter when it broke the 50SMA on the way back up. I like to wait for the break of the 50SMA on the 1 min and then retest it. I got what I consider to be my perfect entry on this trade. The R/R is alwasy great and the success rate is really high. Stop below moving averages with target of VWAP and beyond. Stock comfortably moved up to VWAP and I sold most of my position. I still had some left and it came back down to test the 50SMA, I decided to add to my position at $340, thinking that it could have a nice bounce. It did break under but never held under the 50sMA which was still my stop out. Definitely a little risky, but the R/R on this trade was great. Took an exit at VWAP and the rest at the 200SMA. This was my scared out trade of the day. I took SPY long. It broke above the 200SMA on the 1 min. I had a great entry. It was above VWAP and all moving averages, the R/R was great. I dont know why, but I exited this trade. There was absolutely no reason to get out of this one. And of course, as soon as I got out, it popped up $1. The rest of my trading was me basically trying to short AAPL under $157 and VWAP. It tested multiple times and I really wanted to catch it when it made that move. I just couldn't leave it alone. That ate me up and cost me about $60. Poor trading in that regard. The over trading was troublesome, but it bothered me more that I couldn't leave AAPL alone. Some of it was revenge trading. It got me a few times and I really wanted to be there when it made the move. I had a few big mistakes ruin my day. The CRON trade was dumb and the AAPL trades slowly ate me up. I happy with taking the NFLX moves, just need to follow my rules and I will be consistently profitable.

Jan 17th P&L After Commissions: $3 Trades: 5 Shorts: 5/5 (100%) Did I walk away on my Own: Yes Just a choppy day in general or me. I woke up late, had a first tough night at home with the baby. Woke up at 10:11am EST. 7:11 PST my time. I didn't see a lot to trade as soon as I hopped out. I did go back and take a look at Andrew's watch list in the morning, but primarily looked at the usual suspects to trade (AAPL, MU, AMD, SQ) Took one really bad trade and got chopped around SPY. The really bad trade was with SQ. I took a risky entry and gambled with it. I saw that it hit VWAP/previous day support line many times this morning, but now that I thought it was past the 50SMA that it would break through that support. Dumb Trade in general. IT went against me, I didn't break stop loss. Had opportunities to get out for a $10-$15 loss, not sure why I didnt. Bad discipline on my part. Doubled down when it reached near the top and I was fortunate that the stock came back and tested VWAP one more time before taking off. Exited in 2 pieces. The first was a precautionary exit. l was ok exiting the whole trade there for a $20ish loss, but exited half because it looked weak. Took the other half for a $10 profit to break even on the trade.

Marek, I have to check those out. I 100% agree with the two creatures inside of us. For me when the emotional trader comes out, I cannot stop it. I will overtrade and take any trade I can to get my money back. I've realized that once Im overtrading, I will not go back to my rational self. I need to somehow get myself away from the computer and I need to close DAS. If I have DAS open I will check it and I will see something that I like, whether its a good setup or not, I will see it as a good setup and get in. I throw out all the rules when I lose control. And once that guy comes out for the day, he doesn't go away. The rational thinking is gone until tomorrow. Luckily it always seems to reset each day, and I haven't had problems carryinv over to the beginning of the next trading day. I can't switch trading personalities once the emotional trader comes out. So I am working on learning how to walk away when I do feel that way. The emotional trader usually doesn't come out before 10:30 for me. Rarely ever does the rational trader lose the battle before that time. My risk control of cutting off my trading at 12pm is to keep the emotional trader somewhat in check. The second thing I'm doing is finding out what triggers the emotional trader to come out. Surprisingly it isn't starting my day off with losses, that bring out that trader most often. Of course sometimes I can lose the first few trades of the day, but the emotional trader doesn't fully take over at that time. The time the emotional trader comes out is when I am green enough for the day and I have checked my P&L. It is then when I lose gains that I feel I've earned, that beast from within comes out. Today is a perfect example of that. I messed up my GS trade and I continued to trade and gave away my money. I am working on identify the trigger that brings out the emotional problems and cutting myself off before then. Today I attempted to walk away and brush my teeth, but I as soon as I started brushing, I went back to my computer to check. I literally took a trade with toothpaste in my mouth. Even though my thinking is backwards of what is my money, (losing at the beginning of the day is really losing my money vs losing realized gains for that day) I have figured out what sets me off the most. That is the first step in controlling. I found where the emotional monster lives, but can I go into the cave and destroy it?

Jan 16th P&L After Commissions: $18 Trades: 9 Short: 8/9 (88%) Did I walk away on my own: Yes As you can see, This was a great day, turned into a break even day. I had a realized P&L of about $100 at one point and my max realized and unrealized reached $175ish. My biggest issue today was trade management. I normally love my entries that I take and today is no different. I did have one really bad entry, I just didn't do good profit taking. As you can see in the trade overview, my SQ trade turned from $40 to -$7. My GS winner turned from $80 to $1. The $GS trade tilted me and I went a little crazy with my trades after that. Loss the last 3 trades and about $60 to end the day. 1. $SQ First trade was SQ. This was an ok trade. The entry was great, it never really went against me. The R/R was minimal. It was 2/1 at best. The stock dropped as I wanted it to, i just wanted more than VWAP and the 200SMA, both which were great spots to take profit. In my mind I wanted the LOD and I was working on my patience so I decided to just hold and wait. It probably wasn't the best move since it had to break VWAP, 200SMA and PDC. There was just too much support and plenty of profit taking points along the way for me to expect it to make a quick and easy move to LOD. 2. $AAPL - Dum Dum Gamble of the Day This trade was disgusting. I take risky reversals more than I should, but this one was just dumb. No real signs of a reversal, I got a bad fill and I regretted instantly. It instantly popped up on me. Stopped out, terrible terrible trade. What I did see was lower highs and lower lows on the 1 min, but that alone is no reason to take this trade. 3. $FB The big winner of the day. Clearly pushed off VWAP and the price action looked weak as well. Normally I take 100 shares but I really liked this so I took 150 shares. Rode this one down for a $1.30 gain. I did get scared at the third profit taking, and at the end of the trade, I basically said that it was good enough and exited the trade. 4 $AAPL This is one of the risky reversals that I am ok with it. There isn't a lot of confirmation that this a reversal, but it does work out enough for me. I take it short when it breaks down under the 9ema. I like it to consolidate a little between the 9ema and 20 and I try to take it as close to the 9 as possible. I saw this and it right away looked like a short. Took it short and rode it down. I would have settled for VWAP, but it did break down a little farther which of course I am happy with. 5. & 6. $GS Probably should have called it after the AAPL trade, but got a little greedy. Took two trades on $GS. The first trade was where I looked to take the reversal. Broke the 9ema and consolidated under it. I have no problems with the entry even though it didn't work. I did stop out a little late, but it just didnt look truly strong to me. Trade 6 is what tilted me. I took a really great entry. Setup wise it wasn't great, but I saw something in the price action that indicated it was a short. I trusted it and took it. Made a huge drop. Took some profits. Dropped again, broke the 50SMA and got stuck at around $190. I was hoping for it to drop to VWAP and I was working on my patience/holds. It bounced back up to the 50SMA and that is where I normally would take this short if I wasn't already in the trade, so I added a small share size to my position. I did exit the small share size when it tested $190 again. I had my sights set on VWAP around $189 and I was blind to the price action, Again I expected the stock to do something instead of letting it do its thing and taking what it gives. It did creep back up to the 50SMA and then broke. My stop was above the 50SMA, so I had my opportunity to get out for a small profit. I just didn't and I let this turn from a $80 winner to a $1 winner. 7 & 8 $AAPL I then decided that was enough for the day, I'm not sure of the P&L but it was around $90 for the day. I left to get ready and go brush my teeth, but for whatever reason I decided to check back and see what was happening in the market. I saw that AAPL was doing one of my favorite setups. It broke VWAP and the 50SMA and I love taking a stock when it goes to retest it. I didn't get a great entry so I decided to add to my position when it tested back right at the 50. I then had too many shares that I felt comfortable with, but I wanted to trust the setup. The stock couldn't break $155 and dropped on me. I exited when it broke below the 50SMA. Again it gave me my setup just on the otherside, so I did a position swap. I was now short. It continued to drop and I took decent profit along the way. It did pop up back to the resistance and I decided to add back the shares that I covered. It popped up again and I exited at VWAP. So I let a winner turn into a loser by added to my position and not stopping out when a winning stock got back to my break even. 9. $MU The last $MU trade was just a gambling. No reason to be in it. I had a super tight stop loss, but stop loss creeped on that one. Exited and then I really called it quits. Not posting the picture because I dont want to be posting every trade. I dont plan to post all of my trades and today I posted 8/9. I felt that all that I've posted are fairly relevant. There is something important/a lesson to be learned in each of these. My trading style is different than most, but I'm going to make it work for me. I trade off the 1 min, but am trying to incorporate the 5 min more. But I do trade the 1 min first. My entries were fine, the trades moved in my direction, I just mismanaged them. I had 1 big homerun with FB and I tried a few other times to swing for the fences and instead I struck out. I let my winners turn in to losers. Trading is all about balance and today I didn't have the balance. I didn't take what the stock gave, I instead waited for what I imagined or expected it do.

Quick Update: I didn't forget about this thread. I've been out these past two days. Our little baby girl arrived 2 and a half weeks early! (Pic coming soon) So I've been quite busy. Not sure of my schedule for this week, but will post if I trade.

Jan 11th P&L After Commissions: +3 Trades: 17 Shorts: 15/17 88% Did I Walk Away On My Own: No - Max Share Limit Stop Out Not my best trading day, not my worst. Basically broke even on the day. Had some good trades where I let them run a little too long, and didn't take enough profit. I really want to practice sitting in a winning trade. I was probably hoping for a bigger move than what the charts were showing. Gotta take what the market gives. I traded very quickly in the first 30 min. I entered AAPL 4 times. Lost a little bit of control at the 11 O'clock hour. I was in 3 trades at one time, which is definitely too much for me. Got chopped up in the morning fairly good. AAPL couldn't find a direction and I couldn't leave it alone. I really shouldn't have taken the first AAPL trade long. No real reason to be in that one. When it actually did break under the 50SMA, I wanted to take it short. There were no MAs on the 1 min or 5 min below that, so I really though it could have moved. Got stopped out then reentered and stopped out again. Saw it break under VWAP one final time and took it short. Couldn't break $153 and I got out. One thing that I'm trying to work on is not stopping out right away as soon as the trade goes against me. On the third trade , I did try and hold. I do a better job holding later on in the day when the moves are less volatile, but I do go get scared out easily inthe morning. I really really like this FB trade. I love taking trades when they break either the 50SMA or 200SMA. I really should be solely focusing on these types of moves, because they have been the best for me. Everything about this looked weak to me. Bounced off the 200SMA With long upper wicks. Broke Below VWAP and the 50SMA. I didn't see any sort of buying pressure. Took first profit at PM low and whole number $143. I'm not really sure why I took the second profit there. Not a bad profit taking point considering the stock pulled back a little, but I can't explain exactly why. Took some more after it pulled back to $143. I was starting to sense some strength, but I didn't want to jump the gun on a early exit. Got rid of the rest when it broke above $143. I only made $26 on 100 shares, I was hoping to get a little more on it. This GM trade was fairly good. I like the R/R and how proud of me holding through the pullback and getting out at the right time. Again I like to take trades near a SMA. In this case when it broke the 50SMA and then bounced back, I like to get as close to the MA as possible and I feel the R/R is pretty good. In this case, it did go about 10 cents against me, which is a little more than I wanted, but I held through. Took profit at VWAP and some more a little past VWAP. IT came back to my entry, but I knew I had the 50SMA to act as resistance there so I held. If It did break, I would have taken the loss on the final shares, but I'm ok with that. It dropped back down and I decided to get out fully because I didnt think it would break below since it held VWAP all day. One of the trades that I'm not proud of for today. Actually made some money on it. I took FB short when it came back to test VWAP and the 50SMA. I didn't think it would blow through the VWAP so easily. In the minute I was down about $40 on my 100 shares. It was not good to hold through the way that I did. I also a few opportunities over the next few minutes to exit for a $20 loss. I did see the resistance on the 5 min, so I broke my rules and took a partial portion. Shorted 50 more shares. Sold some when it came down, and I had the opportunity to get out for a slight profit when it briefly broke under VWAP. I did not exit, and it came back up. I was going to exit if it would have held above the 200SMA on the 1 min. It couldn't do that and came back down. Took a partial then exited fully. Very poor trading on my part. I broke my stop loss, and I broke my rule of getting out at break even if I have doubled down on my position. I should have exited at the 10:41 candle. I really liked this MU trade at the time. I must have seen weakness on the Bid/Ask and Time and Sales in addition to the PDC bounce .I took it short and it paid off very quickly. Each cover is 1/3rd of my position and I held through the pullback. It couldn't stay above the PDC and when I saw it couldn't go lower and break the 5 min 9ema and actually stayed above the EMAs on the 1 min, I decided to exit. The general rule is that you exit a trade you have taken profit on when it comes back to your entry. I didn't do that because I had the PDC and the Previous day mark. I felt I had the resistance on my side. I'm 50/50 on how I feel about it. Knowing me, I would have some stop loss creep. First I let it pass my entry point, then its a few cents pass PDC so I let test that, then its a few cents away from the previous day mark, then its a few cents away from the whole dollar $36. So its very possible that if the stock kept going, I don't 100% know if I would have stopped out. That is one of the issues that I have experienced before. These last two trades were very poorly executed. I am usually ok with my entry decision most of the time, but I do need to work on my exits and letting go of my biases. Huge engulfing 5 min. Made a reverse ABCD under all MAs. I didn't see any strength at all, so I took it short. Took my first profit at $143. It was holding $143. I thought if it could finally break it, it would plunge down. It held every time it tested it and then popped up on me above all MAs. I still had my short bias and really wanted the stock to break down. I added to my position short, I had a full position again. My new entry price was right where the MAs crossed. I should have exited. If I wasn't in this trade, I would have seen it as a long. I love taking trades when they break the SMA and retest. That in my mind is the perfect entry. Should have exited fully there. Held out longer and lost my gains on this trade. This last trade was just bad. I saw GM holding $37.50 and under the 50SMA. I took it short. I immediately saw a lot of buying at the $37.50 price. It filled the times sale for about 10 seconds. I hesistated on the exit because I was nearing my 4000 share limit for the day I basically knew if I got out here I would be done. That was so so bad on my part. I should not be taking that into effect. I have since removed share count from the account window to avoid this problem in the future. This popped up on me, came back a little and sold 2/3rds of my position. Wanted to sell the rest at break even. I was watching my own P&L on the interactive brokers app. I didn't want to end up red. I only had 100 shares left and unfortunately, I told myself I would just wait for it to come back or exit when I am $20 down. I traded my P&L on this one and I traded my Risk control limits. Not Good Overall, an ok day of trading. Very sloppy at times. I have a lot to work on. I feel my entries and trades are good for the most part. I do gamble sometimes on my entries and I do need to keep the amount of trades down.

Reserved

Hey Everyone I'm going to start posting my daily trades here. I joined this community in March 2018. I did sim for 4 months. Went live in July. Loss $3,000 in 10 days. Went live again in August. Loss $1,000 in 10 days. Went live again in October and I'm still currently trading with that buy in. I haven't been profitable and I am down to about $300 above PDT. Every day I will post my P&L and Tradervue Dashboard, and I plan to post any relevant/interesting trades that I've taken. I'm not the best trader, but like many people here, my biggest problem is self control and discipline. The Good days are ok. The bad days have been extra bad. I've finally realized my limitations on my self control and I have increased my DAS Risk controls. My current settings: Max Daily Loss: $200 Max Pos Loss: $80 Max Shares traded a day: 4,000 Goal is $150 If I my P&L hits $120 in a day, my max drawdown is 20%. My trading is cut off at 12pm Auto Stop on Max Position Loss and Max Daily Loss. I've implemented these slowly throughout the past month. I originally started with just the Max daily loss, until I began to double down and let my big losers run and run and run because I wasn't ready to end my day and then it got to a point, that the loss was so significant that I couldn't exit the trade and had to pray for a reversal. It didn't always come. I've had to implement the Max shares traded and max drawdown, because I've let too many winnings day turn into losing days, mostly by overtrading. The 4,000 shares and 12pm cut off time is my way to combat my overtrading. It is still very easy to overtrade when you are trading 100 shares at a time, but I felt this was the best balance considering I do take 300 shares or so at a time on MU/AMD. I didn't want an AMD day to be cut short because of this limit. Some of the problems that I currently deal with: Walking Away - I have a hard time walking away when I am losing. Often times, I finally quit when Das Stops me Out. This will be one of the things that I report on daily. Stopping Out/Doubling Down - This used to be one of my bigger problems. Again, I hated to lose, so I will let me losers run or double down on my position to try and get out at break even. It works until it doesn't. I've been better at not doubling down with the Pos Max Loss with Auto Stop. Overtrading - My problem since the very beginning. When I first started trading, I didn't have a stopping out problem, I just had an overtrading problem. If anything I had the problem of stopping out too quickly. I tried to implement a trade limit for myself, but then I started letting my losers run a little because it was one of my limited trades for the day. I still let trades run (not as bad as before) , and I still overtrade on a daily basis. I probably average about 12-15 trades a day. Taking Bad Setups - Another issue that I've been working on is my patience and taking better setups. The emotions get to me at times, and I will trade to just be in a trade. Sometimes as soon as I exit a trade, I will find a reason to enter a new one. Short Bias - I have an extreme short Bias. Since Oct 2018, 80% of my trades have been short. Relying too heavily on the 1 min chart - This one, I've been getting better at and its really helped. I used to trade solely off the 1 min chart and at times I still do. Less often than before. These are the problems that I deal with on daily basis. Going to fix all of these on my way to becoming a profitable and consistent trader. I'm going to be documenting my journey to make trading my full time career. I would happily accept any questions, feedback, or critiques. So please feel free to chime in. If there are any particular trades of mine that I didn't share for the day, that you might want to see, feel free to let me know.