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Aiman

Lifetime Members
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    138
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Posts posted by Aiman


  1. On 6/21/2020 at 10:35 PM, Luis Servin said:

    Hi BBT,

    My name is Luis Servin (Luis in chatroom), I grew up in Boerne, TX (pronounced Burn-E) which is in the hill country northwest of San Antonio, TX. 

    I am a former O&G engineer. This job has taken me to several U.S. cities as well as some foreign assignments. However, during the recent downturn (oil price war paired with COVID-19) I decided I'd had enough corporate world for one life. I have owned two businesses throughout my life, one of which was successful enough to sell - the point is that I prefer to work for myself.

    I have been swing trading and long term trading for ~10 years and now its time to try my hand at day trading. I am excited to take on this new career. I did some extensive research and found BBT to be the most professional and well-rounded group/community so I became a LT member approximately 1 month ago. It has been a smooth and enjoyable transition for many reasons, the hospitality extended by all the members and the moderators has been awesome and welcoming, thank you all!

    I am currently building a PC with 6 monitor set up in a new house that my life partner Marta and I are building near Boerne, TX - life has brought me back full circle to where I grew up. I mention the new PC+trading set-up because I gave this new career a lot of thought before investing the money to be a PDT.

    Lastly, I am extremely excited and diligent to learn from everyone willing to share their trading experiences. I am looking forward to meeting up with other traders and being part of this awesome trading community.

    Best Regards,

    Luis M. Servin

    Hi Luis, Welcome to BBT

    Glad to hear you're taking this business seriously and I really hope we all help you during your journey to success!

     


  2. On 6/3/2020 at 8:57 PM, Mohamed Alali said:

    Hi everyone,

     

    My name is Mohamed, I am from Abu Dhabi, UAE. I learned about BBT when I read Andrew's book. I have built a good knowledge on stocks in general during the past few years. However, I struggle to make profits since I get emotional in my trades. I am just starting my learning curve with BBT and I am sure I will develop my skills and be ready for day trading in few months.

     

    I hope everyone is safe and in good health and I wish I can meet you guys soon and get to know each other.

    Hi Mohamed, welcome to BBT

    I hope you overcome your issues here with BBT and we will do our best to help you with that!


  3. On 6/16/2020 at 5:42 AM, mark307mk said:

    Hi BBT,

    I'm new to day trading and I plan on grinding simulator time for the next several months. Unfortunately, I live on the east coast and the peak day trading hours of 9am to 11am may conflict with my day job prospects this fall. Is there a feature out there that will practice after work or on the weekends on a simulator as if it were early morning on a trading day? If a market replay feature exists, would it only be limited to specific stocks, or could I replay the entire market as if I were trading in real time?

    Thanks,

    Mark

    Hello Mark, as @Justin said, you can use the das replay feature! If you get DAS trader from us which will cost you 300$ for 3 months, it'll come with the replay feature with no additional costs! If you get it from DASTRADER.COM it'll cost you 150$ to have the platform for 1 month +15$ for the replay feature (165$ in total) which is why I recommend you get it from us as you'll get a discount being a BBT member. 


  4. 1 hour ago, jero20 said:

    Hi Everyone;

    Im Jeronimo, from NJ. I have never traded but always been interested on learning. I started looking into courses/books/videos last week and the more information I read the more I realized I want to learn. Im not looking to make quick $$$ since I have job. But since I work shift work and i get a lot of days off during the week, i came to the realization that this might be a good path to learn, practice, maybe make some extra$$ and eventually do it for a living since my current job as an expiration of about 1.5 years. So looking fwrd to just getting into it!

    Hello Jeronimo, 

    Welcome to the community, I really hope you achieve your goals here with us! 

    Best,

    Aiman


  5. On 5/29/2020 at 8:09 AM, Otto said:

    hi  ,I'm Otto from China. new to join you BBT family.

    love to learn ,hope to make friends with you and comminucate . 

     

    Hi Otto! 

    Welcome to our family! I believe you'll learn a lot here with us and we'll do our best to get your trading into the next setup


  6. On 5/27/2020 at 10:46 PM, Justin Nutt said:

    Hey Everyone.  I'm Justin and I teach yoga/meditation.  Once the market tanked recently I started trading, I mean gambling, on Robinhood.  I knew I didn't know what I was doing, so read Andrew Z's book and now I'm committing to learn to day trade.   

    Hello Justin! 

    How do you think yoga and meditation helping you with your trading? I always wanted to do some meditation as I believe it's really helpful and stress releasing but never got into it. Really good to have you amongst us here!


  7. On 5/22/2020 at 11:10 PM, Benjamin Tang said:

    Hello,

    My name is Benjamin and I'm from The Netherlands. My focus for 2020-2021 is to travel around the world while earning enough money to support the digital nomad lifestyle. I think day trading suites this lifestyle. Learning to day trade wont be easy but im fully committed and thats why i became a lifetime member. Happy to be here, and look forward to contributing and learning with everyone. Thank you for having me. 

    Hi Benjamin! 

    Welcome to the community, I wish you best of success in your journey, and we'll be happy to help guide you through it!

     

    • Like 1

  8. Your entry breaking premarket high for 1 min ORBU was good; However, once it made new 1 min low after a doji at the HOD I wouldn't have added, in fact I'd have started considering bailing on the trade. Once it broke VWAP that was the key to bail. One thing is to add on a pullback, another thing is averagin when the stock is dropping. Let me know if you got more questions


  9. On 5/18/2020 at 11:47 PM, Tricia Whyte said:

    Hi, 

     

    I'm Tricia - I am from New York , my background is management with some finance.  Three years ago I was introduce to trading and did it occasionally but rarely successful. I am home and have more time to apply myself seriously to this profession so I can gain knowledge, experience and grow professionally as  a day trader. I heard to this I must be a member of this community so I am here ready and willing.

     

    Nice to meet you guys!  

    Hi Tricia! 

    Happy to have you here with us! If you've any questions feel free to ask. We're always happy to help here 😄

    On 5/19/2020 at 3:19 PM, James Purvis said:

    Hello all! My name is James and I live in London. Had been looking at getting into day trading for a while then the lockdown came and it seemed like a perfect time to learn. I have a keen interest in travelling and Photography which is a little side hustle of mine. Looking forward to speaking with you all more.

    Travel, photography and day trading, that must be a nice life there!

    Welcome to the community James!


  10. On 5/17/2020 at 11:58 PM, Keenen said:

    Hello World!

    It's an absolute pleasure to join a like-minded community. I have been that kid playing alone in the sandbox throughout HS and college, even though drama free but I have to say that its a down side on my performance. I found BBT community through Andrew's book (How to day trade for a living). The first official day trading book I've ever read in my 2 months day trading profession. I have very little experience in day trading and the market in general but do have other characteristics for becoming a successful trader. I hope to gain some guidance here and will make my own contribution where possible. 

    I am Keene. I'm from Fairfax, Virginia. Like most of us here, I had a few other careers before. I'm current co-owning a small local cleaning business, and before that I was laid off from my sr. network engineer job. My career path is somewhat unorthodox. I like the unknown. 

    Freedom to travel is my priority now, a trading career seems to fit best into this life style. I currently live in Peru but wish to go to as many countries as possible. I'm also a vegan, so when Andrew mentioned that he doesn't consume animal products, I pulled out my card and signed up for BBT

    Again, please to meet everyone here. Have a great day!

    Hello Keene!

    Welcome to the community! I hope you learn much here with us!

    On 5/18/2020 at 1:34 AM, Samuel Cash said:

    Hi all! My name is Sam, but everyone calls me by my middle name Logan. I just joined the group after I retired from the Air Force. I live outside DC in Maryland. I've invested and traded for year but this is my first time day trading. I listened to a lot of audio books during my daily 2 hour commute when I was working and came across Andrew's book. I was hooked after that.

    Hi Sam! 

    Welcome to the community! Glad to have you here with us


  11. Hello everyone! Me and the team usually get a lot of e-mails asking for the hotkeys we're using or for some simple hotkeys; Therefore, we created a list of the most frequently used/asked for hotkeys. This is just a beta and short version, and we will keep adding to it depending on your request. This list will be worked on not only by us moderators, but by you as well if you wish! Please share in the comments some of the hotkeys you use a lot which aren't in the list and we will definitely update it, you can also ask for any hotkey you think you miss, and if any member replies with it in the comment it'll be also added to the list

    https://bearbulltraders.com/wp-content/uploads/2021/12/DAS-Video-Series-Hotkey-Scripts.pdf

    The hotkeys have been tested in DAS trader DEMO account and DAS/IB, still make sure to test them in simulator before trying them live!

    Thanks all.

    • Like 6
    • Thanks 2

  12. On 11/9/2019 at 3:03 PM, Carlos Perez said:

    Hi everyone, I am Carlos Perez. I am from Colombia, 37 years old. I am a petroleum engineer working full time in Oman (middle East). I just joined to the community 2 weeks ago after reading Andrew's book. this is a great community and I am learning many things in day trading techniques. Due to the time zone the trading sttarts at 18:30 hrs which is  great because as I mentioned I work full time in the oil and gas industry.

    This is a really great community and thanks for sharing thougths/trades in the chat and classroom.

     

    Hi Carlos! Welcome to the community! Andrews book was the reason I joined the community as well. I'm glad you're liking BBT so far ❤️


  13. On 11/9/2019 at 1:44 AM, Allen Stout said:

    Hey everyone. My name is Allen. I am 34 years old living in Indianapolis IN. I work for the rail road as a Yardmaster. I control all the movement of the trains going in and out of the yard. Kind of like an air traffic controller but with way less stress. Its a great job that allows my wife to stay home with our kids but is tough on me not being able to see them. I currently work 2nd shift and that really plays well into me learning to day trade.

    So far the community has been great and I am really excited to start to learn and get to know everyone.

    Hi Allen! Welcome to BBT! I hope you learn a lot from us! Don't hesitate to ask any quesitons you've in order to learn faster!


  14. 6 hours ago, Sapperstien said:

    Thanks big guy. Its the simple stuff like this that went right over my head in trading 101. I guess it comes from my trading perspective from another trading group that is always on max risk. Would say the name and you'd know who it is but dont know if that group's a swear word around here... 

    I will greatly reduce risk/trade so that like you say I can feel comfortable with it if I lose it. 

    Okay, that's kinda what I'm after. Like The info-graphic with the risk per trade based on stop loss distance doesn't take the price of the stock into account. So a $0.10 SL on a $250 stock is severely different than a $0.10 SL on a $2 stock. If I have to decided in real time on how far I want my SL to be from my entry then I have to check the infographic. 

    That means that I still have to know how many share I can take for that stocks price per share and Im wondering how you guys do that in real time. I did the math for a $0.10 SL and a $1 SL on both a $2 stock and a $250 stock. The numbers work out to needing a $1000,$100,$125000,$12500 account respectively. Since the $125000 is clearly impossible I would have to decide my max amount of share for that stock price before I decide the risk per trade. Does that make sense? 

    Im basically trying to figure out which comes first. The risk per trade calc or the account size calc. And how to do it quickly. 

    Im thinking for now I just do the risk per trade calc and not trade stock more than like $50. 

    IDK still confused out hurr. 

    I like the way you think! And you’re right, share sizing is different depending on how expensive the stock is and how far your stop loss is 

    I had a spread sheet before showing me how many shares I needed to buy depending on how far my stop loss is and I had different hotkeys for that. Now I use a hotkey which automatically calculates how many shares I can take depending on how far my stop loss is. Make sure to check The video Brendon linked! William explained kyles hotkeys there really well


  15. On 11/3/2019 at 10:54 PM, JC said:

    Hi everyone, I'm Jan (pronounced Yan) but JC will do.  I am British but living in Norway for the last 14 years.  I'm an economist working for an oil company, dreaming of escape. 

    The idea of day trading hit me when having a beer with a mate of mine who was developing trading algorithms.  It was annoying - here was a geologist doing stuff that maybe an economist should be doing.  Anyway, I started to research and found Andrew's books and got hooked.  I joined BBT recently (August 2019).  I am in the long term planning and sim phase before considering going live.   

    I have to say that the community is excellent.  The more you dig the more useful information you discover.  At first the classes and then the additional resources, then getting to know the moderators and their individual trading styles, this has all been really helpful.  However,  dig a little deeper and you find the forums are a gold mine.  Members like Kyle with his hotkey scripts, Robert H supporting so many members and showing such empathy, Mike B and many others with the journals and Igor and Adrian with Chartlog, the list goes on and on.  People are so incredibly generous with their time and ideas.  It really is fantastic.  Great community, great people.

    Hello Jan! Thank you for sharing your story with us! It’s Nice to know how you got into trading, and one day when you’re a successful trader you’ll remember how drinking beer with your friend got you into changing your future! 

    The community for real is amazing, I remember my first days here, and even these days I keep learning more and more of new stuff! Glad to have your around with us. 


  16. On 11/3/2019 at 11:46 AM, Icizo Sasaki said:

    Hello everyone,I am Ichizo . 48years old.

    I trade from the birthplace of futures trading.
    I work as a full-time mechanic during the day.Has over 10 years of trading experience in American stocks.

    I am a parallel worker.

     Aiming for further improvement. With you.

     

    Thank you.

     


    .

    Hello Ichizo! Welcome to the community! We’re really happy to have you around with us, and having your 10 years of experience of trading is really valuable! I do hope you learn lots of new stuff here from us as we would do from your past experience in the markets! 

    • Thanks 1

  17. Hi! So first of all, with 5000$ if we go by the books you’re allowed to risk 1% of your account per trade which equals 50$ right? Now, by the books again, you can’t lose more than 2% of your account per day, and again, if you lose 6% of your account per month you must go to simulator for the rest of the month right? As day traders, we need to take more than one trade as it’s tough to get your winner from the very first trade, sometimes you need to make 3/4 trades. Imagine losing 2 in a row, now you’re down100$ which is 2% of your account, if you take 3 and lose two days in a row then you’re down 6%. So in my opinion, this isn’t the best rule for day trading, maybe good enough for swing trading or investing, but not day trading. don’t forget about the part where you can risk less than 1% per trade, it doesn’t need to be 1 every time, especially for beginners, I personally was risking 0.1% of my 25k account when started

    Eventually, despite the account size, I prefer going by this rule:

    Risk as much as you want as long as you won’t feel emotional after giving it to the market

    Some people have 25k account but they spent years and years saving it, 1% might be their weekly salary, and giving it per trade will make them really nervous, and vise versa

    now regarding the leverage. If you’ve 5000$ account and you’re willing to risk 1%, then it’s always 1% of your cash account not the leverage. So your risk is 50$. Let’s say you’re trading 2$ stock with 10 cents risk, you can take up to 500 shares which equals buying power of 1000$. You don’t need leverage in this case. Let’s say you want to trade tsla with 1$  risk per trade, you need around 50 shares *250=12500$. Here you’d need to use some leverage, but your risk is still the same. So basically, leverage shouldn’t be used to increase your risk or shares only because you have it. It should be used widely to help you respect the trade management rules you’ve 

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