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Mark D.

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Everything posted by Mark D.

  1. i didn't . I took their free webinar and almost bought their courses but i held off. i came really close to buying it, the price was reasonable, i was just being cheap at the time. maybe in the future. The book is great and their Youtube videos are awesome as well.
  2. Thanks Glenn! Yes, exactly. The Playbook style makes a lot of sense to me. Helps me have more confidence in my trades
  3. i think the 20 ema on the 1min is good but maybe wait until it closes over instead of just breaking it? you would have stayed in your last piece on JPM. 9ema on the 5 is good too
  4. Save them to your computer and then click the "click to choose files" link in a new post to load them and then click the little plus sign on each to add them. I hope that makes sense
  5. Thank you Vikram! I am doing well but not making any money. Still trying though
  6. Thursday September 12th, 2019 Sleep: 7 hours. Mood: good, ready to trade first trade was in $BHGE trying to catch a 5min ORBD early. (3/4). got in on the new 2min low risking the HOTD after closing below the VWAP on the 2min chart. it ended up pressing back up through the MAs and all the way to my stop. happy with this trade though I wasn't thrilled with the rejection of the LOPM in the first five minutes, i waited for an entry and sized appropriately. GOOD: got out at my stop, good setup, short below VWAP at VWAP, had all MAs above RFI: could have waited for the break of the 5min body MOOD: good CONSISTENT: yes last trade was a wedge trade to the long side of $BHGE (3/4). the stock was really strong getting through all the MAs and breaking the HOTD. waited for the HOTD break and a pullback to get in. i didn't wait long enough on the pullback but i think the entry was ok. profit target was 22.08 (3R) i was hoping for pop over the $22 level. it missed me by a penny and then made a 2min doji and i bailed at 2R out of fear. No need to though, it was so strong. Look at these huge orders after i got out. these are divided by 100: that's $3M in buying at 10:12. i'm torn on my exit because it rejected over $22 really quick but i was still seeing a ton of green on the T&S. my nerves ended up winning over and i got all out at 2R. it got close but never went back to my entry as of the time of writing this. GOOD: good trade, made it to my profit target RFI: spooked out of a 3R trade MOOD: feels good to have a trade so as planned. it's been a while CONSISTENT: no, should have held to my plan What i did good today: took good setup trades with reasons for entering What i did bad today: gave up an R on a profitable trade. What can i do better tomorrow: hold my winners
  7. Wednesday September 11th, 2019 Sleep: 7 hours. Mood: good, ready to trade. Missed the really nice ABCD in MU earlier in the day because i was not at my computer. i was watching it right after 10 for a drop below VWAP, then a pullback that i could take to the short side. every new 5min low was being bought back up and it was moving sideways between two MAs on the 2min chart. i was watching it thinking there's no trend or setup here so i should just wait for a trend and then it made a new 2min high on volume (not great) with the time and sales all green and like a moth to the flame i jumped in on the long side no setup (0.4). got sold the high of that candle and then i got out right above my stop. guess i could have held for a bounce to get out more favorably but i respected my stop. GOOD: got out at stop RFI: no setup or trend MOOD: ok CONSISTENT: no setup. last trade of the day was a MA trend trade in ZS (3/4). ZS was trending down nicely. i see this move a lot when a stock will rally on decent volume to the 20 MA on the 5min then head lower. i waited for the new 5min low on the doji and got in short. i set a range order because i had to leave my desk so i would have got out a little earlier than i did but it was stilla -1R trade. i'm happy with this trade, the only thing that gave me pause was that descending triangle breaking the LOTD got bought back up. but i'd still give this setup a B+ happy with the trade. GOOD: setup, R/R, stop loss level RFI: watch all your trades or don't take them MOOD: good CONSISTENT: yes What i did good today: took one setup that i was confident in What i did bad today: jumped in on MU without a clear trend or setup What can i do better tomorrow: My goal for trading tomorrow is to only trade my setups. if i take two trades and they're both setups and they don't work i'll still be happy that i was able to take trades that i'm proud of regardless of outcome. i'm not sure what happened in my thinking that started me down this road of taking trades based on flimsy ideas but it has been tearing me up on my P&L last two or three weeks. thankfully i have small risk and i stick to my stops religiously so the actual money lost is inconsequential. What bothers me is that i'm still having elementary issues like not trading setups but i know it's all part of the learning process and it takes time. hope everyone had a green day!
  8. Tuesday September 10th, 2019 Sleep: 7.5 hours. Mood: good ready to trade. First trade was a wedge on CTRP (2/4). as soon as i got in, i realized i chase it and then i got out before my stop. also didn't have a profit target that made sense. GOOD: got out before stop RFI: chased the entry MOOD: ok CONSISTENT: yes it held all those levels and looked like it was going higher so i got in long again. realized i made the same mistake and got out around my stop (0/4). GOOD: got out RFI: don't take the same trade again unless it gives a clear signal MOOD: angry for taking the same trade again. CONSISTENT: got out at stop i was pretty frustrated with myself, looking at pretty much 2R loss 10 minutes in to the trading day, wishing i was in SIM and not live. looked down at my trade log and noticed i was in sim! forgot i switched my montage over to sim yesterday. it became clear that this was turning in to a descending wedge in CTRP (3/4) so i got in on the short side risking a new 2min high. bought 75% at about 2R, which was a mistake, i meant to buy 25%. then another piece at 3R, one bad buy seconds before another down move. got all out at the moving averages on the daily. GOOD: setup, R/R, risk level RFI: selling MOOD: good CONSISTENT: yes. What i did good today: took a nice short when i saw the long wasn't working What i did bad today: still FOMO trying breakouts that aren't working What can i do better tomorrow: take better setups.
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