Rob C

You have plenty of backbone. I wouldn't have been able to hold that TWTR trade for the first 50 minutes as it looked like it was going to go higher.

Swing trade journal 2/06/2020 Long ADSK at 203.53. First partial profit today at 204.94. Second partial profit today at 206.86. Stooped moved to 204. Long BBIO at 34.91. I was planning to add shares if it breaks 35.60. It did break 35.60 today but the volume was so low I didn’t want to add shares. When it reached 35.80 I wanted to take a partial. There was a large ask at 36.00 so I decided to place a limit order a few cents below $36. But the price never reached my limit order and dropped sharply and stopped me out at B/E. Will still keep an eye on BBIO if it can stay above 35.60 or have an increase in volume. OLLI trigger price (<53) occurred today. But I didn’t feel right shorting on a market this strong so I let it go without me.

Thursday 02/06/2020 I had a well-being score of 7/10 this morning. I took 1 live trade this morning with TWTR. My watchlist: BMY, BABA, MU, TWTR, UIS and WWE. TWTR was my main focus. I like the last few minutes of PM the price was hovering just below HOPM. As long as the volume came in I was going to go long at the break of HOPM. There was a few seconds delay before the volume arrived. Then shortly after the price broke HOPM and I went long. My target was the 38.51 level and my stop the 50MA-1min. Because I took the trade very close to the open I did take a reduced share size. I did enter the trade before it was called in the chat, which I am always concerned about. My partial profit taking was quite poor. Nerves caused me to take too early and too many. I exited the trade solely because I ran out of shares. What did I do good today? I planned the trade before the open and executed it. What I am grateful from today? A good watchlist today. What I need to improve on? I may need to start using the partial profit hotkey limit orders again. I have hot keys set at 1R and 1.5R.

Swing trade journal 2/05/2020 Long ADSK stopped out and long again today. Entered trade at 203.53 on a double bottom, small share size. Stopped out at 201.92. Only a -1/4R loss. Price bounced from a 200.87 support level. I probably waited too long to get back in. I waited for a full 15min confirmation candle and a break of the 200MA-1min and the 202.37 tech level. Then entered at 202.39. The price continued up and broke VWAP, then 5 minutes later lost VWAP and headed south again. Finished weak. Stop 200.72. Long BBIO today. Entered trade at 34.91. Just a starter position. Will add shares if it breaks 35.60. Price was flat for most of the day.

Wednesday 02/05/2020 I had a well-being score of 8/10 this morning. I took 1 live trade this morning with SNAP. My watchlist: DIS, AAPL, BABA, SNAP, LK and TSLA. I was very interested with SNAP and DIS at the open, but no directional bias. I actually have short shares on SNAP today. While I was setting my levels and SNAP was setting up for an ABCD. Pretty good volume for PM. I was waiting for the price to touch the 9MA-1min again, but instead got a L2 signal as it made a PM high. So I went long with small shares. The price dropped bounced off the 20MA and I went long with more shares as it broke the 9MA. There was still a large ask at $18. My target was 18.17 with 20MA as my stop. My nerves didn’t let me wait for th $18 and I took a couple of partial profits. I did keep a really sharp eye on the spread, so all my fills were about where I expected them. I exited when the price broke down below $18 and the 9MA-1min. So I was done for the day before the open, so I traded SIM only after the open. I won’t mention those trades here. What did I do good today? Good add in. What I am grateful from today? SNAP now has short shares on Centerpointe, so it made my watchlist today.

Swing trade journal 2/04/2020 Exited SDC today. Entered trade at 13.19. First partial at 13.66. Second partial at 13.79. All out on a trailing stop at 13.53. Quite happy with this trade. Already made my week. Exited HRL today. Entered trade at 47.61. Weak today, exited at B/E. Exited WRB today. Entered trade at 74.56. Open well and was strong the first hour, though volume was low. Then reversed and broke down through VWAP. Rose to test VWAP and failed, then I exited with a small profit.

Tuesday 02/04/2020 I had a well-being score of 7.5/10 this morning. I took 2 live trades this morning with AAPL. My watchlist: DIS, AAPL, BABA, NVDA, LK and TSLA. Everything seemed extended. Then DIS and AAPL dropped some going into the open. The two minutes before the open AAPL started to creep higher. Then popped with good volume at the open. The price broke the HOPM and there was a good L2 signal with a large ask at 316. I went long, but not too many shares since VWAP is far away. The price never hit 316 and fell back and I was stopped out. What it looked like when I took the trade. Note the L2 signal: The price dropped and bounced from the 200MA-1min and created a hammer. I went long again when the price broke VWAP. My target was 317 and stop 200MA-1min. I waited to the HPOM until I took my first partial. And all out when the price dropped below the HOPM. What did I do good today? Good use of L2, it just happen not to work out. I was 50% win rate today but was still well in the green. What I am grateful from today? AAPL gave me a second chance.

Swing trade journal 2/03/2020 Yeeks! I was being lazy and didn’t open my swing trade platform before the market open. I didn’t have an open position and I thought it is good to wait until I am done day trading before I look. But I was being lazy. After my day trading was done, I saw NFLX setting up perfectly. As I noted in my swing trading post yesterday I would go long at the break of $350. The price broke that level and made a nice pull back to the 9MA. But I had to open my platform, go through the security, open the right account, place the order and hit the “are you sure?” Just before I hit the last button, the price popped. Only a dollar, but I felt it and didn’t want to take the trade. I backed away from my screen for a minute and came back and it moved $3 up. At the time of writing it has moved up $8 without me. Yep a good lesson to complete my checklist in the morning. The market is intolerable to lack of preparation!! I won’t make that mistake again. Even though I had a good intraday trading session, I still felt a lot of FOMO and I am sure I got into the swing trades today because of it. Yes all 3 trades did have the correct trigger I posted last night in my watch list, but none of them were really screaming “buy me!” Long SDC today at 13.19. The plan was to go long if SDC held $13. This morning the price dropped and tested $13 and bounced. Then made a double bottom and I went long on the confirmation 5min candle. The price quickly rose, but I did not take a partial profit and waited for the red to green. The price missed the PDC by a few cents and quickly dropped back to $13 where it stayed for the rest of the trading day. It tested $13 several times. Stop is at 12.92. Target 13.59. Long HRL today at 47.61. Open strong today, then had a pull back to VWAP and I went long. The price hovered around VWAP for two hours then started to go slowly lower and finished weak. Stop at $47. Long WRB today at 74.56. Same story, open strong, pull back to VWAP and I went long on the bounced. Then the price hovered around VWAP the rest of the day. I have a loose stop all the way to 73.24. So not too many shares.

ROKU was a really good trade. You went long right at the new support level. Very nice.

Monday 02/03/2020 I had a well-being score of 7.5/10 this morning. I took 2 live trades this morning with GILD and TSLA. My watchlist: GILD, AAPL, PCG, AIMT, INSM and TSLA. Funny, I had a good day trading this morning but my emotions are mixed because I did not complete my checklist before the open, so I did some sloppy prep work this morning. As usual the market punsihed me for lacking resolve. Which is a good thing, but ouch! GILD was already setting up well in the premarket. I saw the price break a strong daily level at 66.71 and had a large ask in L2, so I went long in PM. I was quickly shocked by my fill of over 1% higher!! Though the spread was tight. It just happen to pop at that moment. At that point it was above the 67.40 daily level, so I used that as my stop. It was a very tight stop with 68 as my first target. The price moved up after the open and I took two partials then all out at B/E. TSLA was my second trade. Popped higher at the open and the second min candle retraced back down to a PM level. When it bounced from that PM level I went log with a tight stop just below the 676.93 level. Since I don’t trust the fills on TSLA, even though I was 50 cents from the stop I gave it a $1.50 stop when calculating my share size. I was nervous about the tight stop and took way to many and early partial profits. I exited the trade when I ran out of shares. What did I do good today? Took tight stops today, which I am usually uncomfortable with. What I am grateful from today? Trading TSLA. Which tends to unnerve me. What do I need to approve on: Finishing my checklist. Yeeks! I was being lazy and didn’t open my swing trade platform. I didn’t have an open position and I thought it is good to wait until I am done day trading before I look. But I was being lazy. After my day trading was done, I saw NFLX setting up perfectly. As I noted in my swing trading post yesterday I would go long at the break of $350. The price broke that level and made a nice pull back to the 9MA. But I had to open my platform, go through the security, open the right account, place the order and hit the “are you sure?” Just before I hit the last button, the price popped. Only a dollar, but I felt it and didn’t want to take the trade. I backed away from my screen for a minute and came back and it moved $3 up. At the time of writing it has moved up $8 without me. Yep a good lesson to complete my checklist in the morning. The market is intolerable to lack of preparation!!

Watchlist for week of 2/03/2020 I do apologies for incomplete explanations why I am considering these stocks. I also did not include any charts. Sorry I watched the Superbowl (I never watch TV) and this list is much longer than usual. So I didn’t have the time. Primary list: Stock Trigger RSI MACD Reason BBIO > 35.60 50.2 Crossing Bullish Ascending Triangle ORCC >16 28 May cross Bullish Huge vol the last 2 weeks. Holding 15.75. Huge Div SDC H $13 62.6 Holding $13 with vol. Nearing all time high. BNFT <18 34.5 Bearish Short <18 or G-E. In all time low territory ASIX >19.20 or G-E 53.7 Rising MACD rising, vague cup and handle. Nice gap to fill TCDA PB to 34.50 48.2 Bullish Had a big day Friday. Holding 33. MACD went bullish. R/R good ALB Hold $80 or >$82 65.4 Bearish Big vol on Friday with a hammer. ABCD NFLX >350 or G-E 56.5 Slight Bearish ABCD, just had a 50/200MA cross. BILI <20.60 or G-E 52 Bearish Descending Triangle WDC B-$63 or B-$63 50.3 Bearish Look for a bounce long ~$63 or $65 HRL B-$47 or >48 62.8 Slight Bullish ABCD break out then pull back, at all time high WRB Hold $73 67.8 Bullish Nice gap to fill “H”=Hold “G-E” = Good Entry “PB”=Pull Back “B”=Bounce Secondary list: ROKU OLLI PFNX APLS ADSK PG BIDU JD BABA

Swing trade journal 1/31/2020 I thought it was going to be a quiet day. EBAY was stopped out right at the open. I had no other open position, so I thought I was done for the day and not too excited opening positions the last day of the month. I am happy with my month and didn’t want to ruin it. But the market had other plans and I had an active morning. Stopped out on EBAY. Original entry at 34.68. First partial at 34.95. Stopped out today at 34.56. Entered and stopped out of GLIBA Original entry at 73.33. GLIBA was on my extended watchlist. Popped up today and retraced and was hugging just above VWAP. I went long with a tight stop below VWAP. After about an hour was stopped out. Long and exited LK today. Entered at 26.77 on a V reversal and again on at 28.08 on a double bottom. LK dropped on a report that they are not honest about their q-reports. I was quite nervous about this trade since the price could easily spike through my stop and I wouldn’t feel that well going into the weekend. So instead of ruining the end of a good month I placed a limit order at 1.5R. It was filled quickly. Then with in 1 minute the price was at +4R. Felt FOMO for a minute. But I am really happy with the second month of swing trading. +15R for the month of January!! Made 36 trades this month, 13 winners, 13 losers and 10 B/E. B/E is defined as +/-0.5R. So win/loss ratio is 50%, just like my day trading ratio. What is interesting is with day trading I am usually flat for the month, where swing trading I am quite profitable.

Nice! One and done(s) make the best Friday trades. Have a good weekend.

Friday 01/31/2020 I had a well-being score of 7/10 this morning. I took 1 live trade this morning with CL. My watchlist: NAV, CL, XOM, ADNT, POL and WWE. Actually I didn’t like anything on my watch list so I just watch all six at the open. Finally I saw CL setting up. It made a small hammer on high volume. When it broke the HOPM I went long. I felt like I took too many shares so I sold some quickly. Too bad the price instantly shot up afterwards. There were a lot of levels above it so I thought $75 would be the strongest for my target. My stop originally was the bottom of the wick, but then sold some shares so my stop was 73.30, which was sort of a level formed in PM just before the open. The price moved quickly higher so not a stressful trade. I was spooked out after that 1min tombstone. What did I do good today? Watching all 6 stocks on my watchlist and looking for volume more than price movement. What I am grateful from today? CL making my watchlist, it almost didn’t. So it is the last trading day of the month. I don’t write a monthly review anymore, because I don’t perform a monthly review anymore. I have been trying to get out of my habit of being flat every month. So I have stopped looking at my P/L for 3 months now. Though I can guess each day with a 1/2R accuracy what I did, I have not kept a running total in my head. This was the first of the 3 months where it feels like I did better than flat. I promised myself not to look so I won’t. But I will rethink my strategy over the weekend. Maybe it is time to start to looking again for next month. At least at the months end so I can analyze my trades more effectively. What is also nice about having a positive month day trading is I am up +14R on my swing trades this month. So it was a profitable month for me. My swing trade journal if you are curious: https://forums.bearbulltraders.com/topic/1536-rob-cs-swing-trading-journal/page/4/#comments

Swing trade journal 1/30/2020 Another active day. I feel more like a trend day trader than a swing trader. Exited my long position on D. Original entry at 83.70. First partial at 84.47. Second partial at 85.34. Final target reached today at 86.47. Stopped out of KWEB at the open this morning at 48.27. Original entry at 47.83. First partial profit at 48.58. Second partial at 49.16. Third partial at 49.79. Long and stopped out on LK today. Entered at 35.48 First and only partial today at 35.87. Stop out at 35.42. So again, flat for this trade. Then the price dropped and bounced. But after two stop outs in two days I was not getting back in for a swing trade. So instead I bought shares at 35.31 for my long term position account. This has a much wider stop and can hold better to LKs price swings. But I will not track that position in this journal. Long then stopped out, then long again on EBAY. EBAY would have made my watchlist except it was going to have earnings this week. Now earnings are over my interest in it has increased. EBAY has been trading in a nice range and I was hoping to go long on a bounce of the bottom: RSI is 45. I did have a bit of a concern that the whole channel was crossed in the last 2 days, but they have been an interesting two days. I was looking for a good entry today and at 11am price broke VWAP and created an ascending triangle on the 5min chart. I went long and things were doing well. The price just missed my limit order and did a V reversal and stopped me out. Price reversed 20 minutes later. Price broke VWAP, came back and tested VWAP again and on the bounce I went long. So my current trade is: entered at 34.64. First partial today at 34.95. Stop moved to B/E.

Thursday 01/30/2020 Power outage at 4:25am. Thanks PG&E (stock PCG). Power restored at 7am PST (10am EST), so I missed the open today. Managed swing trades by smart phone. I hope everyone is having a solid day of trading. See you tomorrow.

Hi Huntermac, you really held to your stops today, which was great. Sadly, DLPH was a buyout so they tend not to move much and chop around in a range. So it was a difficult trade to take.

Swing trade journal 1/29/2020 Exited KO at 56.91 per plan. Entered at 56.04. First partial at 56.93. Second partial at 57.48. A good trade. May get back in but right now a dome is being created and MACD is about to cross to the bearish side. Long D at 83.70. first partial at 84.47. Second partial today at 85.34. Made an all time high today (or at least high for the last 5 years). Stop at B/E. Long KWEB at 47.83. First partial profit at 48.58. Second partial at 49.16. Third partial today at 49.79. Stop moved up to 48.27 Long and stopped out on LK today. Entered at 38.14. First partial today at 38.63. Stop moved up to 37.92. LK dropped substantially in the morning and I went long on a double bottom. Then a huge 1 min spike down near the closing caught my stop and I was stopped out. So I am flat for this trade.

Wednesday 01/29/2020 I had a well-being score of 7/10 this morning. I took 1 live trade this morning with AAPL. My watchlist: AAPL, AMD, XLNX, BA, LB and GE. Good watchlist but AAPL was the only stock I liked the PM. AAPL was creating a pendant as it went into the open. I had 4 PM levels which was unusual for me. 30 seconds before the open the price broke one of those levels and had a bullish L2 signal. I went long with very small share size. Two seconds after the open we already had huge volume and price moving up. There was also another bullish L2 signal, so I added to my shares, but still not at full size yet. So we had three big asks. One at 325, second at 325.50 and the third at 326.The price dropped and tested my stop (VWAP/200MA-1min/50MA-1min and the $324) and bounced so I added one last time to my shares. I was now at full share size. The price moved up reasonably fast and I took partials to 327 then all out when it broke back through VWAP. L2 when I took my PM entry: L2 when I took my second entry: The trade: What did I do good today? Good use of L2 and I really like my 3rd entry. What I am grateful from today? Trading AAPL. It has been awhile.

Swing trade journal 1/28/2020 Long KO at 56.04. Stop at 55.40. First partial at 56.93. Second partial at 57.48. Next target 58. Missed my stop today by a penny and bounced. But still finished the day weak, again. If I had a decent internet connection at the close I would have exited the trade today, Long again on D today. Took this near the open when it was showing strength again. Entered at 83.70 and first partial at 84.47. Stop at B/E. Long KWEB at 47.83. First partial profit at 48.58. Second partial at 49.16. Stop at B/E. Long GMRE at 14.76. For a stock that gets 200k-300k volume each day I was looking at <2k volume the first hour of trading today. It felt like the stock was halted. I exited on low volume at 14.87.

Tuesday 01/28/2020 I had a well-being score of 7.5/10 this morning. I took 3 live trades this morning with LK. My watchlist: PFE, LK, HOG, UBER, TSLA and XLRN. I actually had UBER on my main screen, but LK dropped hard and snapped back making a hammer. I moved LK to my montage as it was breaking a PM level and 50MA-1min. L2 had a bullish signal so I went long immediately. The price action was still quite wild so I scaled back the shares a bit (~67%). My target was the 39.80 level, though there was a strong 39.37 level as well. My stop was the bottom of the wick. What it looked like when I took the trade. Note the L2 signal: The price popped immediately and I took a few partials. I was holding the last 25%, but I thought I was done for the day. Then LK was setting up again on a pull back. So I wanted to add in. I then made 3 mistakes. First, I took full share size. At most I should take is 75% to bring me back to full size. But now I have 50% too many shares. But SPY was popping so I got a bit too greedy. Then I got a bad fill. But I told myself the R/R is still OK, but it actually wasn’t. The 39.80 level is now irrelevant. The price action proved the 39.37 is the new target since it was respected. Now my R/R is ~1 and I need to get out of the trade. Then I heard Andrew bail on the trade, but I still held on since SPY was really popping. Finally the price broke down and I was stopped out and my green day became red. Though I haven’t looked at my P/L for 3 months so I am not sure how red. I was managing my swing trades and I noticed LK was setting up again for a long. I wasn’t planning to take the trade but then a bullish L2 signal hit. Sorry I didn’t have my video on at the time so I can’t show it. But it was substantial enough to go long. It ended up a scalp, but I am sure it did get me green again. Target the 39.37 level again and 38.91 as my stop. What did I do good today? Entered two trades from L2 signal. What I am grateful from today? That third trade on LK. What I should improve on: Must be careful on my share size for the add ins.

Swing trade journal 1/27/2020 Very busy but profitable day. . Long KO at 56.04. Stop at 55.40. First partial at 56.93. Second partial at 57.48. Next target 58. Finished the day weak, but happy it was only down -0.35% when SPY was down -1.6% Long and stopped out D today. Took this near the open when it was showing strength. I thought it may be wise to take a safe play (Utilities) today. I only went half shares and a reasonably tight stop. After entering, D was weak the rest of the day and I was stopped out for a -0.3R loss. Long and exited LK today. Entered at 37.16 and partialled twice and all out at 39.18. Long and exited SDC today. Entered at 12.51 and partialled three times and all out at 13.44. Long KWEB today at 47.83. First partial profit at 48.58. Stop at B/E. Only have 1/3 shares left. I didn’t want to hold a Chinese stock over night. So I kept the risk low. Long GMRE today at 14.76. Price bounced off of the 14.60-14.65 support level again and I went long per plan. The price slowly drifted upward the rest of the day but not high enough to take a partial profit. Finished very weak. Makes me nervous. But I stayed in since it is nice to hold a position in a stock that was down -0.27% on a day SPY was down -1.6%. Also I am worried the daily now looks bearish with a dome created. This is my most worrisome position. Stop at 14.55.

Monday 01/27/2020 I had a well-being score of 7.5/10 this morning. I took 2 live trades this morning with BYND and ROKU. My watchlist: AAPL, BYND, MU, ROKU and AMD. Almost everything in the red today. Though I don’t like trading BYND I like that it looks strong, bucking the general sentiment. And ROKU finally breaking below the support levels. I had AAPL on my main screen, But after 20 seconds I saw BYND strong on my side monitor and moved it to my montage. The plan for BYND was to go long on the break of HOPM at 122.40. But L2 looked bullish so I entered the trade early. My target was 126.74 and my stop was 121. My R/R was very large which usually doesn’t work but BYND went well above my target today. Note L2 when I took the trade: I actually got 3 partials in. Then I set my auto stop at B/E as a precaution. But honestly I was so far above B/E I thought I was safe. And then a few seconds later price spiked down hard and just caught my B/E order. So I missed the rest of the run. ROKU has been making a descending wedge on the daily chart for awhile. Today it finally broke below support. I shorted on the low of the day. My stop was very tight at 124.74 support. I quickly took a partial and then set my auto stop to cover at B/E. But I wasn’t on my usual DAS laptop desktop. I was on my swing trade search desktop, which apparently doesn’t have all my hotkeys set right and the hot key immediately covered. I didn’t feel like getting back in so I walked away for the day. Actually, since my stop was so tight I still made a bit from the trade. What did I do good today? Entered a trade from L2 signal. What I am grateful from today? Traded BYND live for the first time. What I should improve on: I need to check all my hot keys on all my desktops.

Watchlist for week of 1/27/2020 D – Looking for utilities that haven’t already run yet. Plus with the Corona virus, the run to safety may be stronger. The price is hovering at the yearly high and getting close to an all time high. Bouncing off the 9MA-D 4 out of 5 days. RSI not overbought with 63. Will go long with a starter position at 84.50 and more at 85.40. ROKU still has that descending triangle. Looks like a short if it drops below 127. Very scary going short on ROKU. Will need a large stop or protective call. BBIO is forming an ascending triangle. RSI=49. MACD may cross with one or two green days. Volume has been strong the past month. Long >35.70 ORCC holding at $16 with lots of volume. I don’t know which way it will pop. But it looks like it will very soon. RSI=29 and MACD will go bullish with a couple of green days so I will probably take it long if it breaks 16.25. But honestly it looks like it may break down more. OLLI has gone bullish. Feels like Friday would have been the entry so I may be chasing it. RSI=46. MACD will cross to the bullish with one more green day. Will go long if I can get a good entry. Short% is high with 22%. GLIBA seems to be forming a cup and handle. Will go long at 74.40 with a starter position if it breaks 73.50. MACD just crossed to the bearish. That will need to flip before I take a full position. RSI=53 STML is over sold but holding the bottom well. RSI=23. Price fell last week on a Q4 preannouncement of lowering guidance. Big drop for the quarter not so big for the year. Dropping 30% in price for a 7% yearly shortfall seems overdone. Short%=10%. May go long >7.15 GRME is consolidating after reaching an all time high. Great support at 14.65. RSI=69. Good div of 5.4%. Would go long off of a bounce from 14.65 or a break of 15. ALLY is showing good volume and is right at a resistance line then has a nice size gap to fill. MACD has been bullish. RSI=62. There was a death cross 5 days ago but that could easily reverse with one or two green days. The 20MA will cross 50/200MA with one more green day. Long >32.80 Secondary list: KNL CENT (if it ever gets volume) GRMN EXC DIS LK SDC TD APD

I like your trading on Friday. It shows planned trading and executing on the plan. Shows lots of discipline. Your first trade was a classic 5min ORB going long at the break of the candle body. You were close enough to VWAP that R/R was good (to the high of the day). I usually don't like taking those ORBs with large wicks like that. I do see other traders take them but I am usually not very successful unless the 5min candle has small wicks. The second trade was a nice false break out. It looks like you might have reached 2R so most traders would have taken a partial. But I am not sure where your stop was. Third trade was a classic 15min ORB. Yes it could be said the 15min candle was also wicky, but it had a really nice R/R. Again it was a good day. Impressive for someone just starting out.