Rob C

Swing trade journal 1/14/2020 Well it was bound to happen, but I didn’t think so dramatically. I have been trading the market open for over a year and never making a trend trade. Thus these swing trades will be exposed in intraday news that I usually don’t worry about. It doesn’t help I had 4 long positions open. But it was pretty dramatic. Three of my positions were all within a dime of reaching their limit order to take a partial profit. I was up 3R for the day in unrealized profit. I then put my phone away because I was running some errands. I checked an hour later and not only did none of the stocks reach the limit order, but I was in the red by -2R in unrealized loss. Wow a 5R swing in one hour. I saw some negative news broke. All 4 of the stocks rallied at the end of the day to almost bring me back to B/E. Long CRWD at 52.10. First partial at 53.47. Second partial at 55.47. Third partial today at 57. Forth partial at 58. Fifth partial at 59. Stop moved to 57. Almost reached by final target then dropped almost 4% to end up in the red. Long KNL at 24.46. Stop at 24. Showed strength and instead of taking a partial at $25 I added. It kept showing strength and I almost took a partial but that plan was interrupted by the news. Still finished positive. Long KO at 56.04. Stop at 55.40. First target $57. KO opened positive and then never saw green again. Ending slightly in the red. Exited MSI today. I had a tight stop after the really poor close yesterday so only took a -0.6R loss. But it was a good learning experience. With a close that bad yesterday, after I saw the stock weak this morning I should have just exited then instead of waiting to hit my stop. Log ADNT today at 21.33. First target 21.70. Stop at 21. Broke an important level and I went long. Stayed very strong and almost reached my first target then dropped hard and almost reached my stop.

The fifth candle looks like a great spot to look for an entry. And I am sure your right, the R/R is not quite there without a pullback.

Tuesday 01/14/2020 I had a well-being score of 6.5/10 this morning. I took 2 live trades this morning both with WFC. My watchlist: BAC, DAL, NFLX, SDC, TSLA and WFC. My watchlist weighted strongly with stocks that have short shares available. I like to limit to one stock that is void of short shares for my watchlist. Too many short free stocks and I get a long bias. WFC was a rising devil candidate which I have never tried before. WFC opened with no volume. So I waited for the opening big print. It arrived exactly at 1min after the open (>500k). Is that a coincidence? The price bounced off of the 50MA-1min twice and was heading lower. L2 and T/S were neutral but I liked the order flow and the bearish 5min chart, so I shorted. My target was 49.78 daily level with a tight stop of the 50.54 daily level which is a R/R~2. The charts when I took the first trade: It sounds from my recording I entered the trade about 10sec before Brian, which is good since I am worried about mirroring trades. I did get two partials in before getting out at B/E. The price bounced off of VWAP and headed lower again. I shorted again. I got in one partial then out at B/E again. What did I do good today? I got back in on a trade. I usually don’t like to enter a trade on the same stock twice. What I am grateful from today? I was able to find a workable watchlist. What I should improve on: I need to create different hotkeys to handle the really expensive price stocks (TSLA and NFLX). They have gotten so high in price my current hotkeys don’t allow the correct share size.

Good to see you back trading. Great keeping a cool head when the price broke down below the 200MA. That's where I would have bailed and miss the move.

Swing trade journal 1/13/2020 Long CRWD at 52.10. First partial at 53.47. Second partial at 55.47. Third partial today at 57. Forth partial at 58. Fifth partial today at 59. Stop moved to 57. Exited FUN. Opened today OK but then quickly dropped below VWAP-5min and stayed there. Not the response I expected after that powerful close on Friday so I exited. Actually, I sold only half my shares for a tiny loss. I kept the other half as a long term trade because I like FUN in the long term. But as for the swing trade, it is closed. Long and then exited PFE today. PFE reached my first trigger of 39.70 and I went long with half a position. Then PFE quickly made a double top and started to drop quickly. When the price broke VWAP-5min I exited for a small loss. I will watch to see if PFE shows strength again this week. Long KNL today at 24.46. Stop at 24. First target $25. Showing strength again today. Maybe the price has bottomed. Today KNL created an ABCD pattern on the 5min chart. I went long (starter position size) when it bounced from VWAP. Price moved higher after I entered and finished strong, close to my first target. Long KO today at 56.04. Stop at 55.40. First target $57. KO on the secondary watchlist. Showed strength and created an ABCD pattern on the 5min chart. After creating a new high and pulling back, I went long when it bounced from VWAP. Price stayed flat after I entered but finished strong at the close. Long MSI today at 169.90. Stop at 168.80. First target $172.80. Triggered entrance price. The price moved higher during the day, but finished weak the last minute before the close.

Monday 01/13/2020 I had a well-being score of 6/10 this morning. I took 2 live trades this morning with FIVE and JD. My watchlist: AMRN, FIVE, LK, JD, TSLA and NVDA. I didn’t like the stocks that were moving today. Very few had shares to short. When the majority of my watchlist is void of shares to short I get an unavoidable bias to go long. So scrounging around I replaced a couple to get the watchlist above. But not to excited about it. FIVE was on my main screen since it was the only stock of any real interest. FIVE gapped down big and I had a short bias. The opening big print occurred in a few second (80K) and there were a couple moderately sized bearish prints afterwards. Volume was OK, but not great. But I then decided to go short if it breaks down under 96.50. It did and I shorted with a terrible fill. But I was light on the share size in case that happen so my risk was still OK. I had no final target, but would definitely take a partial at the first daily level at 95.67. The price dropped quickly and I took my first partial. Then reversed quickly so I set a limit order to cover at B/E. Which a few seconds later it did. This time I got a good fill so I made a small profit. JD had just enough PM volume to make the watchlist. I like it was making an all time high. JD opened with a bullish 1min candle and OK volume. But L2 is what got me to take the trade. Since JD is at an all time high so I didn’t actually have a target. Charts and L2 when I entered the trade: I did take a first partial profit too early from nerves. But then tried to take a partial at the high of the 1min candles. By the end I had so few shares left I tried to hold for a bigger move. When I saw it wasn’t going to happen I exited. What did I do good today? Used L2 well. I bailed out of FIVE quickly when momentum reversed quickly. What I am grateful from today? I was able to find a workable watchlist. What I should improve on: I am starting to get back to my old ways of taking that first partial profit too quickly.

Watchlist for week of 1/13/2020 PFE is almost at a break out price. Next resistance level is quite far away. RSI a bit high at 63. One or two more positive days MACD will cross (bullish) and MA crosses will occur. First trigger at 39.70, then likely buy more when it breaks $40. Then a nice gap to the next tech level. ADNT keeps making higher lows at the bottom of the channel. RSI=42. Now it is at the 5th time it has reached the bottom of the channel in 5 months. Large div 5.4% which I think supports the bottom of the channel. May go long if it holds the $20 level. VZ is entering oversold territory with RSI of 34. Price is touching the bottom of an expanding channel with increasing volume. Will have to watch if a signal appears that it has found support. It needs to hold off the 20/50 crossing that will occur with one more down day. KNL is over sold RSI=30. I assume it was caused by the CEO dumping 2M worth of shares. Created a bullish candle on Friday. Finished the day at a big resistance level from Oct 2018. Will watch to see if support is found. Waiting to see if ICE breaks out this week. RSI=58. All MAs going up. Trigger when it makes an all time high 95.70. Several stock on the secondary list that I will keep an eye on twice a day. KO – I like for a long but it made a foreboding shooting star on Friday, removing it from my primary watchlist. EBAY – May reach support levels, but MACD just crossed the wrong way. CENT – I like CENT but I feel like I am now chasing it. I wish I knew about it on Friday. MSI – Fighting a strong resistance level. Maybe enter if it breaks 170. ROKU - Reaching a critical layer that it has bounced from before. ROKU was originally on my watchlist but I thought daily chart looks to much like a descending triangle. But since Brian has it on his watch I will add it to mine. Should be interesting which way it heads.

Swing trade journal 1/10/2020 Long CRWD at 52.10. First partial at 53.47. Second partial at 55.47. Third partial today at 57. Forth partial today at 58. Stop moved to 55. Exited HON today. HON was just following SPY. There was no reason to have it as a position unless it has its own mind so I exited with a small profit. May get back in if it breaks $180. Long FUN (Cedar Faire amusement parks) today at 54.08. First target 54.80. Stop is at 53.50. SIX – Six Flags Amusement parks (FUN’s largest competitor) had a massive drop due to issues with its China project and (more importantly) stated a softening in crowd attendance at its parks. FUN immediately had a big drop at the open in reaction to the possibility that they may have an attendance reduction as well. FUN fell 3% through an important daily level and immediately half of the gap was bought back up showing buyers may think the news may not impact FUN. Also there was an analyst report today stating FUN should report 7% YOY increase in revenue. They also have a very large dividend of 7% where the analyst did not mention was in danger. And finally I was at possibly the largest Cedar Faire amusement park over the holidays and the crowds were much larger than expected (based on crowd calendars). SIX was complaining a reduction in season passes. On New Years Day Knotts Berry Farm was really packed. I heard some of the workers mention that it was overly crowded due to an expectantly high season passes where many are in the park on that day to renew. FUN also made a double bottom on the daily chart and is now on the bottom of the channel. I also notice there is historically a bounce when the RSI drops to 40. When the price was hugging VWAP in 5/15/60 time frames today, I went long. I also liked it did not follow SPY today and it finished strong in the last 20min of the market. On the watchlist is KNL. There is no setup yet but finally had a positive day, but it has some room to fall before it starts hitting any support levels. The CEO sold 2M worth of shares. Not a good sign. I am assuming that’s what started the slide. I want to keep an eye on it if it shows support or some positive news or the shoe finally drops.

Thursday 01/10/2020 I had a well-being score of 7.5/10 this morning. I took 2 live trades this morning with NVDA and SIX. My watchlist: NVDA, BBBY, LK, SIX, PTLA and GRUB. NVDA gapped up in PM. I was actually looking at SIX on my montage and NVDA was on a side chart. I saw it created a very bearish reverse hammer, had strong volume and was about to break the 50MA-1min, which was a good place to short. I saw SPY was dropping. So I brought NVDA to my montage as it broke the 50MA-1min. I imediately went short. That is when I noticed L2 which was quite bullish. Uh oh. I was in such a rush not to miss the move I didn’t check all the signals. Bellow is when I took the trade. Note L2 was bullish, which I did not give myself time to check. I shouldn’t have taken the trade. As soon as I noticed L2 a couple seconds later I covered a few shares to reduce the risk. I have difficulty exited trades in these circumstances. Something I am working on. As time passed SPY was dropping, so I thought to give it some time. But I finally exited at my planned stop at VWAP. SIX gapped way down. I actually had shares to short. 30 seconds into the second candle it engilfed the first candle. There was no signal on the tape. There were also a few levels below that it would have to punch through. But I really like the 50MA-1min was near by as it acts as a magnet and most of these level were really old. So I went short with the low of PM as my target and 37.16 level and VWAP as my stop. When I took the trade: I didn’t have to wait long for it to start to drop. I get a bad fill on my first partial, but after that I watched the spread really close and the fills were much better after that. The price did reach my target but would not break it. I waited 8 minutes as the price went sideways then I exited when it popped back up and broke $36. What did I do good today? Didn’t lose it after a full -1R loss on NVDA. And finished the day well into the green. What I am grateful from today? I was able to manage my swing trades at the same time as the day trades. After my first loss I still finished the day well into the green. What I should improve on: No matter how much of a rush you need to go through you checklist (setup, volume, L2, T/S and SPY).

Swing trade journal 1/09/2020 Lots of learning and contemplation today. First CRWD almost reached my next target (missed by a few cents) in premarket. But I am always upset at myself for not letting my winners run so I held back. Then CRWD almost reached my target twice after the open, but again I held off from taking a partial. Then the price dropped dramatically into the red. Same for LULU. The price opened a few cents from my target but I held off. Then the price dropped big, well into the red. Same thing happen to me earlier this week. So today I realized something obvious. My broker commissions are now free. So just take a partial. If you think it is a bit too early, just sell less shares. Sounds incredibly simple, but I guess after paying commissions for 20 years you just don’t realize the obvious. DKS spiked lower at the open and I got stopped out by a few cents. Then the price rebounded to PDC. Though I probably would have exited the position today it showed me that I really need to stick to my B/E. I set my stop slightly above it, just under a tech level. If I stuck to my B/E I would not have been stooped out. Last bit, I really shouldn’t have had two positions in the same industry. Long CRWD at 52.10. First partial at 53.47. Second partial at 55.47. Stop moved to 53. Though price took a big drop midday, it finished with some strength. Still holding. Exited LULU at 233.89. First partial yesterday at 237.80. Did not reach my stop, but was red today. I really don’t like any of my positions underperforming the market. I waited until the close in case it finished strong. It didn’t. I exited the trade for a small profit. Stopped out DKS at 47.74. First partial yesterday at 48.74. Price spiked down at the open and I was stopped out. Still finished up with a small profit. Long HON today at 178.65. and 178.90. I like the charts and I like that HON, though is officially listed as an industry sector company, is partial a defense stock. Which offers some portfolio protection if the events in Iran get escalated. I like the general up trend in December for HON. I like that the 50MA-1D has been strong support and is still angled up. I like the 175.50 has also been strong support. And I like the V that was just created the last 5 trading days. Today when HON rejected VWAP the second time, making a double bottom I went long with 1/3 share size. Then when the price broke the 178.77 daily level and there was a MA crossing I purchased another 1/3. There is a very strong level on the daily near $180. So I will wait and if it breaks that I buy the last 1/3. I was actually thinking about taking a partial profit when it made a new HOTD. But I stopped myself saying, “now this is a swing trade – look for larger moves.” Then it quickly dropped off, making me think twice about that decision. I did like it finished strong on good volume. New on the watchlist is KNL. There is no setup yet and it has some room to fall before it starts hitting any support levels. The CEO sold 2M worth of shares. Not a good sign. I am assuming that’s what started the slide. I want to keep an eye on it if it reaches support or some positive news or the shoe finally dropping.

Thursday 01/09/2020 I had a well-being score of 6.5/10 this morning. I took 2 live trades this morning with BBBY and KSS. My watchlist: TSLA, BBBY, KSS, MSFT, SNAP and AMD. BBBY gapped down a lot. Then 10 minutes before the open moved higher and bounced off a daily level at 14.95 and was heading lower into the open. Then at the opening bell was quite strong. With in 50 seconds engulfed the previous 5min candle. I saw a bullish L2, with multiple moderately sized asks (though none very large) and a very flat L2 bids. The volume was strong. Then the price broke both VWAP and the 14.75 PM level and I went long. My stop was 50MA-1min. Charts when I took the trade. Note the bullish L2. Though the signals looked good, there were two mistakes. First was the R/R. There was a REALLY powerful level near $15. First the dollar mark is powerful, second there is a really strong daily level at 14.95 which BBBY already respected. Third, the 50MA-1D was at $15 as well. But if I use that level as a target I have a poor R/R. There was another strong target at 15.85 but it wasn’t stronger than the one at $15. But I liked the signals so much I went long without a real target. I did promise myself to take a large partial at the 14.95 level. It missed by a few pennies. Shortly after it missed the bullish L2 disappeared and a bearish L2 appeared. That was my signal to get out. It happen at B/E as well. But I am still not strong enough to do that and I held to my stop. My stop had some slippage so my loss was larger than -1R. My next trade was a disaster and definitely a revenge trade. KSS was showing some strength at the open and was an 1min ORB candidtate. The signal would have been to at least to wait if it broke the 46.10 daily level. I remember checking L2 and there was no signal. I do not remember checking volume. Which on the replay was low and untradeable. Before the break of the 46.10 level I went long as a revenge trade with no signal. But the market is always good to me about teaching me lesson as it instantly dropped hard and flew through my stop and I took a -2R loss. I started feeling the revenge trading symptoms really start to grow so I quickly turned off my platform and walked away. -3R is enough today. What did I do good today? BBBY was an OK setup. What I am grateful from today? I turned off my platform and walked away. What I should improve on: Need to go back to my old rule to take at least a 1min break after a full -1R loss before taking a new trade (except for flips).

Swing trade journal 1/08/2020 I took me on a roller coaster this morning. It opened -1R below my stop. So at the open I am down -2R for the day. I guess I am not ready for the <$10 stocks. The price really dropped then and hit bottom and made a nice double bottom where I went long again (at the break of 50MA-1min) with a tight stop. The price rebounded quickly and I took partials on the way up. Though this was supposed to be a swing trade, when it topped out and broke down through the 20MA I exited. I really didn’t want to hold this stock overnight anymore. Sorry I use Etrade for swing trading so I don’t have the DAS triangles to show entrance/exit. Long CRWD at 52.10. First partial at 53.47. Second partial at 55.47. Stop moved to 53. Long LULU at 233.89. First partial today at 237.80. Stop moved to B/E. Long DKS at 47.74. First partial today at 48.74. Stop moved to B/E. Long I at 7.38. and 7.44. Stopped out at the open for a -2R loss. Back long again (this morning) at 6.84. First partial at 6.99. Second partial at 7.06. Third partial at 7.11. Forth partial at 7.18. All out at 7.15.

Great LK trade. Really nice wedge on the 2min/5min chart with PDC for an entrance.

Wednesday 01/08/2020 I had a well-being score of 7/10 this morning. I took 1 live trade this morning with M. My watchlist: M, TSLA, WBA, BA, MSFT and AMD. I wanted my entire watchlist to have shorts shares available. M gapped up in PM but entered the open on a downward trend. But opened strong and engulfed the last PM 5min candle in the first minute. There was a strong PM level at 18.25. So I went long when it broke the level. May target was 19 and 200MA-1min was my stop. M was actually a stressful trade. There really was no clear movement. When looking at the 1min chart now there looks like there was nice flow, but it felt like I could be stopped out at any time. I took a partial profit at VWAP twice. Both times because I was losing faith that it would break VWAP. It finally did and I got another partial, but it didn’t hold and the price broke back down through VWAP. I exited when it was obvious it was a false VWAP break. Then it actually looked like a good short, but my nerves were spent and thus done for the morning. What did I do good today? Traded from candle stick and levels today instead of the tape. What I am grateful from today? Knew myself well enough not to take another trade. What I should improve on: Reduce stress during trading. I have really improved on this over the past year, but I still have a way to go.

Swing trade journal 1/07/2020 All 4 of my swing trade positions opened positive this morning. Three of them reached a +1R by 10am EST point where I usually take a partial profit. But, I have always had an issue taking partial profits too frequently so I decided today to challenge myself and hold on longer. Plus SPY was down when my stocks were up. So I thought as SPY recovers my positions will go even higher. But the opposite occurred. As SPY went higher my stocks dropped and all went finally in the red. Though DKS did recover and finished green. I would have looked at this day a whole lot differently if I took the partial profits where I usually do. Long CRWD at 52.10. First partial at 53.47. Second partial at 55.47. Stop moved to 53. Long LULU at 233.89. Lost all my gains from yesterday. Back at B/E. Stop is currently at 230. Long DKS at 47.74. Stop is currently at 47.60. Stock did finish green for the day. Long I at 7.38. I originally only took 1/3 shares since 7.44 is the real trigger price. When the stock was holding 7.44 this afternoon I took more shares. The price dropped quickly after that and finished red. Stop 7.20

Swing trade journal 1/06/2020 Long STX at 59.95. Finally hit my stop today. Surprising how long I held that stock without hitting my stop or first target. It stayed in a tight price range for 9 trading days. Now MACD has crossed in the bearish direction. I will keep an eye on it if it holds VWAP. But for the most part it is off the watch list. Its biggest competitor is now touting a new product that may take market share away. Long today CRWD at 52.10. Too bad I was stopped out last week when I had an entry at $49. First partial today at 53.47. Second partial today at 55.47. Stop moved to 53. Long today LULU at 233.89. My trigger was at 235.50. But I liked the MA crosses this morning so I entered with half shares. I will enter with the other half if it breaks 235.50. Stop is currently at 230. Long today DKS at 47.74. My trigger was at 48. But I liked that it also had MA crosses this morning so I entered a little early. Stop is currently at 47.60. Long today I at 7.38. I went long when it broke the 200MA-5min. But it retraced and never broke that MA again today, though it tried several times. I only took 1/3 shares since 7.44 is the real trigger price. Depending how the stock trades I may take more shares if it shows strength. Stop at 7.20. I feel like I am in too many positions since there are international unknowns currently. I have placed auto stops on all the positions. Hopefully that will help with the down side if something occurs.

Monday 01/06/2020 I had a well-being score of 7/10 this morning. I took 2 live trades this morning with CRWD and AMD. My watchlist: CRWD, TSLA, NIO, NVDA and AMD. I didn’t really like my PM watchlist. I didn’t have shares to short on the stocks on the gappers list. AAPL and BABA are on my no trade list so I can learn to trade other stocks. I had a strong long bias on CRWD and was on my swing trade watchlist. The stock gapped up in PM but was dropping as it headed into the open (which I liked). Then headed lower after the open. The big print was instant (200K) and there was also a mildly bullish L2. But I waited for the next big print. The price dropped and bounced and we got some bullish prints and I went long when it broke above the 200MA-1min. This was unusual for me since we are still below VWAP. My target was the 52.87 daily level and my stop was the bottom of the 1min candle. The instant after I went long L2 became bearish and I waited and about a minute later L2 became nuetral but the price had trouble breaking VWAP. On the 8th rejection (not exaggerating) of VWAP I took a partial to reduce risk. A minute later it hit my stop where I exited the trade. Then the price immediately reversed and didn’t look back and thus I missed the 8% run. I did hear Brian taking AMD at the open though I always get burned when I do that so I haven’t tried a 1min on AMD for awhile. But I saw the price holding onto the 48.24 daily level as support. So I went long with the 200MA-5min as my target and a really tight stop of the 48.24 level. The price did move higher where I took a quick partial and set my auto stop on B/E where I got stopped out very quickly. There was some slide so this trade was actually a slight loss. What did I do good today? I liked I took some shares off to reduce my risk on CRWD so I didn’t take a full R loss. I like my tight stop on AMD. What I am grateful from today? A few minutes after I was finished my day trading I took CRWD long on a swing trade and I did catch the big move. What I should improve on: I let my bias caused me to take the CRWD trade too early. Also, I still need to keep making my stops looser. I may be unable to trade tomorrow, so good luck to everyone. See you Wednesday.

I like your trades from Thursday. The first MU trade was a classic 2min ORB with VWAP bisecting the body of the candle. The second trade was a near bounce from VWAP long. Both were fine, they just happen not to work out. TSLA trades were fine. AAPL second trade was well planned and timed as the price bounced off the 20MA. I understand it is really difficult to hang on for 15 minutes until the price goes your way.

Swing Trade Journal watch-list for week of 1/06/20 An interesting week. I got stopped out (by a small margin) on BIDU, CRWD, BE and UBER then all of them rebounded and BIDU and UBER made a big run after my stop out. So I was already feeling a bit salty about it then on my vacation (Thursday) where I purposely turned my text alerts into email alerts so I cannot focus on the markets, GE finally hit my trigger price which I did not see. By the end of the day the price actually reached my final target. I was feeling pretty distracted after seeing that and I was worried about disrupting my family’s vacation. But, luckily while I was visiting Knotts Berry Farm I saw this T-Shirt. I never buy T-shirts when visiting amusement parks, but bought this one on the spot. So this emotion is considered so childish they made a peanuts T-shirt out of it. Wow that really put things I perspective, Thanks CB!!! My watchlist. First the tensions with Iran may escalate making all longs on the watchlist moot. So first I look at defense stocks and companies that their revenue will be unlikely affected by the tensions. The defense stocks popped. The only one that looks like I may not be chasing it is HON. There was a pop but the volume has not arrived yet. It was also interesting the previous week was really holding onto the lower Fibonacci line. This makes PDC a strong tech level with the middle Fibonacci line and 3 daily levels all merging. If it holds PDC and moves higher I may go long. But if it does it will be difficult not to chase it. Thus it will be difficult to find an entry but will keep an eye on it. I like I but I am wondering if I missed the boat already. Also another stock I may be unsure of an entry point. A new high looks extended, so it needs to at least hold PDC. I may go long on Monday if DKS is positive. NKE has recovered but DKS took a hit on Thursday. The weekly looks good (with a bull flag wedge) and the daily looks good if it recovers on Monday. CRWD looks like its breaking out and made a double bottom. May go long (again) if it holds PDC. UBER looks good again but unsure if I could take this trade. I was stopped out on Tuesday, so I would enter this trade with a much worse entrance price. Also the trigger would have been $31 which I missed on Friday so I may be chasing it. But it is worth looking at it. LULU looks interesting. May go long when it breaks 235.50. Or a starter position if it holds above 233 since since that will create a MACD crossing.

Great stats Mike. Your win% for your 3 setups is amazing!!

Swing trade journal 12/31/2019 I know it will be a couple of months before I know where to set my stops for my swing trades. I know they should be looser than my day trades due to the overnight volatility. I usually set it to the next major tech level or whole dollar. But today I was stopped out on 3 out of my 4 positions and each one rebounded back after my stop was reached. So I definitely need to keep re-evaluating where to place my stops. Long STX at 59.95. First target 61. Stop 59. Sideways again today. Still holding. Long yesterday UBER at 29.89. Stopped out at the open then price rebounded quickly back to PDC. Long yesterday CRWD (again) at 49.13. First partial at 49.97. Stop moved to B/E. Stopped out at the open, then price rebounded quickly to PDC. Long yesterday BE at 6.47. First partial at 6.75. Second partial at 7.05. Third partial at PM today at 7.57. I set a limit order for 7.80. The price was reached but my order wasn’t filled. I moved my stop up to 2c below PDC. The stock dropped 8% to my S/O. Then of course the price rebounded nicely. On the good side I wasn’t planning on day/swing trading the next few days so only keeping an eye one position will help me not think of the markets. I wish everyone a Happy New Year.

Tuesday 12/31/2019 I had a well-being score of 5.5/10 this morning. I took 2 live trades this morning with RAD and ROKU. My watchlist: RAD, TSLA, NIO, NVDA and AMD. Busy in the PM taking a partial on one of my swing trades BE. I thought it possible I will get stopped out on my other 3 swing trades at the open. RAD was my primary watch. But I did not have shares for short. Without short shares I sometimes force long setups though they don’t exist. So I had to be careful. L2 looked good at the open with two large asks (5c and 20c above the current ask). I almost went long on that signal, but I needed at least a second signal for confirmation. The huge print arrived (175k) so at least I was waiting for the next big print for direction or a bullish 1min candle or the break of HOPM. 35 seconds after the open I got the next big brint which was bullish (but not overly), the 1min candle looking bullish (but also not overly) and a bullish L2 signal (though not that large). So three mild signals. Honestly, it was the order flow that got me to pull the trigger. It was really moving. Target was the daily level at 15.63 and my stop was 15.04. What it looked like when I took the trade: I took three partials and I stopped out a little above B/E. The next trade was ROKU. I actually liked the setup for a 2min ORB but the price was really jumping. Then the price movement calmed down for a 3min ORB. I went long when a white hammer was created with the 4th 1min candle and the break of 130.50. Target was 132.63 level with 130 as my stop. I took 2 quick partials then S/O at B/E by a penny (again) and I missed the run to my target. It’s funny I moved my B/E stop hotkey to 2c lower because I keep getting S/O by a penny and I still got S/O by a penny. What did I do good today? During the RAD trade I got notifications that two of my swing trades were stopped out (Etrade) and It did not distract me. What I am grateful from today? Traded ROKU live without getting chopped up. What I should improve on: It’s the last day of the year and I like my trades I am not going to be negative today. So no more day trading for me until next Monday. Wish everyone a Happy New Year and be green rest of the week!!

Swing trade journal 12/30/2019 I started the morning thinking I wasn’t going to enter any new trades with SPY dumping. But once it hit bottom and reversing I did pick up 3 stocks. Long STX at 59.95. First target 61. Stop 59. Almost hit my stop this morning and bounced. I have been holding for a week now. Price hasn’t hit my stop or first target. The sideways movement has lowered RSI to the middle range. MACD is still bullish, but two down days will cause it to recross. Still holding. Long today UBER at 29.89. Since this was not the plan I went half shares. Stop 29.30. First target at least $31. The plan was to go long at the break of $31.06. But today the price dropped hard and took a strong bounce off of the 29.34 daily level. When the price recovered and broke VWAP, two 60min chart levels and the 50MA-5min I went long. After my entrance the price took a slow drop following the 50MA-5min down. This is the most concerning of my current positions. Long today CRWD (again) at 49.13. First partial at 49.97. Stop moved to B/E. Next target $51 or 50MA-1D. Long today BE at 6.47. I got this one from Brian’s watchlist (thanks Brian!). I liked that it was staying positive while SPY was dropping hard. I went long when the price broke the 200MA-5min. I have no idea how to trade a low price stock so I went half shares. First partial at 6.75. Second partial at 7.05. Stop moved to B/E. Next target 7.25 which it almost reached by the close today.

Monday 12/30/2019 I had a well-being score of 4.5/10 this morning. I have increased the lower well-being limit to trade live. So I traded SIM today. Actually I took a nice ROKU 5min ORB SIM trade. But SPY was really tanking so I guess it didn't really matter what you traded this morning as long as you were short. I hope everyone stayed green.

December 2019 Swing Trading Summary (I always end the month on a Friday) It was kinda cool having a +12R month on my first month of swing trading. I know it had much less to do with skill and more due to the bull market. It seemed if you were long you would have made money. I had 6 winners and 6 losers, so 50% win rate seems to be just fine with swing trading. Some things I learned: I have heard that one trade in the month makes your month. I never saw that it day trading but it sure makes sense in swing trading. Letting you winners run is even more vital since that trade could be the one that makes your month. WDC was my trade that could have made my whole month. I thought I was quite happy catching an 11% move. But, I ended up not even catching half the move. Check all your positions minutes before the close. Even though they are still above your stop make sure you want to hold them over night. Have a trailing stop. I had two stocks make a 4% drop without reaching my stop. They popped and dropped while I wasn’t watching. Going to try and keep a 2% stop on my positions.