Aiman

That's why we've the premarket show! Those levels are really important in day trading!

You're doing well! Skimmed through your journal, I love how you trade, especially with you being a beginner! That's really awesome!

You're putting a lot of effort here buddy! Thank you!) It's in my bookmarks! Will keep an eye here

Brendon my friend!! Welcome back!! So happy having you here again! First time I know about your journey, pretty long one, but you're doing really great! Hope to see you trading on Monday!

Loved the trailer! Definitely watching it this one!!

I don’t really know how they form but we see this happen pretty often, even if you had limit order somewhere there or hard stop somewhere around that wick, you won’t get filled and it won’t ruin your trade, happened so many times to me, those wicks didn’t get me stopped or squeezed, but would be interesting to know the reason behind forming them!

Thanks Robert!!

You can't tell only by looking into 1 time frame, with no volume candles. Anyway, It's just a stock moving in waves))

well, if ORBs work well for you, I guess you don't need any other strategy! Just keep up working on them and ajdusting them, good job there!

Are one min opening ranges your main strategy? Thanks for sharing btw, didn't go through it all! But I went through a great deal of it! Loved it and love the way you're journaling it!

Really enjoyed reading your plan! How are you following it btw? I hope you're sticking to the rules and the progress is going as you expected it!

Thanks for this! I really love those points, I'd actually emphasize on recording the first 30 mins of Andrew trading live, I do hear Andrew and listen to his thoughts while trading but I don;t pay any attention to him sharing his screen as I'm busy with my own charts, watching how he traded after we're done with trading will be much useful. The recap is really helpful and summarize it, but on recaps we only see candles, we don't see the price action itself, the exact entry, was it while the candle was going up? or on a red candle at the pullback, I'd love to watch his trading recorded somewhere in the education center Mentorships will also be amazing! Would love to see another one coming Thanks

I joined BBT at May 2018, I only knew about BBT from Andrews book as there was nothing written about BBT at trading review sites, anyway, after the first month I decided to get a lifetime membership, not only because of Andrews trades and helpful lessons, but mostly because of the members here and the moderators, I got so much help during the whole trading day, and I still get it whenever I ask for it! Everyone here is so kind and experienced in his own way. I won't re-write all the positive stuff we've here as it's all written above. I don't know if it'll be possible, but it'll be really great to have Andrew sticking around with us for a bit longer time every now and then! He's an amazing trader, and most of the time it's more than enough for him to be done for the day in 15 mins xD. I really love how he reads the price action, and I'd love to see him talking about the stocks and what he expects them to do + why out of his trading time, once he's done with his trading maybe even once a week? As an additional session xD. Just sticking to the chatroom, and hearing his thoughts outloud for around an hour without him being in any trade + discuss that with the chatroom, cuz I know that it's tough to do all that while being under pressure of being in multiple positions while trading. Other than that, this chatroom is really helpful and I really doubt that I'd have been able to get where I got to now without being a part of this chatroom!

Man I think this will take my trading into the next level! Thanks a lot! It's too late for me to reply here lol, but I'm rarely in the forums, I need to understand it a bit more and try it in sim first! Thanks again, you need to get more likes on this post, not need, people must actually like it lol

I finished watching the video yesterday but then the internet died lol! Anyway wanted to thank you for putting the effort into making it! It was really helpful!:DD Hope to see more similar videos in the future! :DD

Hello Andrew! I'm still on sim, but I've thought about that a lot, my answer might not be as important as other live members opinions, but I'm still willing to give it. I treat sim as close as it's to live as possible, therefore, my daily goal is 200/300$. However, I'm not always sticking to that goal, sometimes it's more than that, like x2 or x3, sometimes it's just half of my daily goal. Let me explain how I treat my daily goal target and what I'm doing after that. First of all, if the day was easy, and I hit my daily goal with a few trades, and I see a lot of opportunities, I won't quit the day, I've a rule I set for myself," If I hit my daily goal, I allow myself for 1 extra trade, if it's a loss, I quit with 260(my max loss per trade is 40$), if I win that extra 1 trade and I see opportunities, I give myself another extra trade, if I get stopped out I quit, if not I continue) and so on. Secondly, if I started red, the market is choppy, and eventually I got out of that red status to green, or close to daily goal, I just quit before hitting my daily goal. I think a lot of people might agree that starting out bad and getting out of a red whole messes up the psycology, and one should be greateful he got out, so just quit the day there. Finally, If the day is choppy, but I'm doing fine, and it's hard to trade, I'd trade until I either hit the goal, or until I start feeling that I'm starting to make stupid trades or broaking the rules and get out with less than the daily goal Hopefully that's helpful! And I'll add more if I remember something!

well, I wouldn't say exactly they're the same, abcd pattern is a continuation of the trend, stock goes higher, then it just consolidates, maybe pullback just a little bit, and on the point d you take an entry. On fallen Angel the stock just drops so much, if anything, it can look like a reverse abcd, I mean imagine a huge drop, then a conslodiation, then logically one would expect a continuation of a downtrend, but with fallen angel you expect it to go high to it's starting point at least))

Thank you!

Great discipline :DD and great u left with a small loss! sorry my headphones are broken so I could hear nothing))) maybe you said it in the video) but I've a question, reverse abcd and a fallen angel can be literally the same, but one goes high, the other falls down. Is there a way to identify whether it's a fallen angel or reverse abcd? Or a fallen angel can't be on mid float stock), I mean, why did you take the trade short, couldn't it be that the stock is just holding a level and now ready to break up? Or because it had so many moving averages above it, it was most likely to go down)) I guess now I'm just writing everything going in my head, I'll leave you to it when you've time)) thanks in advance!

well, a stocks gaps up, at open it goes hiiiiiiigh :D, well in that example you can see it went 30 cents up, then the stop failed to break the 2.75, and dropped to as low as 2.40, you can see it's just chopping around the lvl 2.40 and the a little bit above the VWAP, ignore all the chop, just focus on how it's holding the lvl 2.40, it tries to break it and go lower but it can't, it's consistantly being bought at 2.40, it's been holding the 2.40 for like 15 mins! Finally at 9:49 with volume the stock goes higher! reaches the premarket high, previous day high and even cracks it. You might say the stock had volume at 9:39, why didn't he enter there :DD I actually don't know, if I was watching the stock I might have gone long at 9:39 or 9:44, anyway, it was still a good plan, your stoploss will be either below the 2.35 or that moving average, your target the high of premarket or day or whatever you've in your chart In short, Fallen angel is as Andrew says a low float stock, with high volume, it's in play, it opens strong but then falls like an Angel, and then just keeps holding some level which is going to be your stoploss, once you see a volume spikes go long and wait either for your angel to hit your target or to fall even more and get stopped out))))

it'll definitely help me, dicrease my losses, and maybe make better profits I was just trading with 100/200 shares no matter were my stop loss was, that was terrible because sometimes I was winning 1/2/3 trades and then sometimes one trade wipes that all... With position sizing, it'll help me held my winnings and make my loses small)) Thanks again))

Bro that's amazing, I loved the calculations and that sheet)) I printed it as well, I think I'll buy a keyboard and just stick everything bymyself for now, but I really like you keyboard :DD!! It's amazing! Thank you for sharing this)

I actually was waiting for a bearish ingulfing crack there, but I told my self that I better enter after it breaks the VWAP for a better entry, once it failed it at 9:45-10:00 especially that hammer candle I just went long and it was a good long!

Yeah I totally agree I’ve never thought I’m going to build a gaming machine, and now we’re doing it for trading!)

Hi guys! I've been here for like a month but never introduced my self here :DD My name is Aiman, I'm an Arab, well, half an arab My mother is Russian, I've lived half of my life in Russia, the other half in Yemen, currently I live in Russia; Studying actually :DI'm a medicine student, I want to become a heart surgeon xD. I've never known that stock markets actually exist, and that everyone has a chance to trade! First time I heard about trading was related to cryptos, I thought it was an easy way to become rich, I read lots of scams, youtube videos that explained how easy it's to become rich by investing in cryptos, so I opened an account on some website, made a small deposit(500 euros) and on march bought at 12k hearing that it's going back to 20k and even 100k!! So dump right?)) Anyway, it fell to 8k, and I kept holding, then 9k, and I decided to get out, luckily my loss was 30% of 500 euros not 30% of 5000!!! I started reading about cryptos, support and resistances, and how to trade them, eventually I figured out that wasn't for me, and it's not a profession one can hold on to, maybe only hope. Along with cryptos I was reading about stocks, investing, and swing trading, but I figured out that with my capital I'll suffer there. Eventually I came across day trading! I watched tons of videos, read tens of books, got attached to it. My last book was Andrew's book'How to day trade for a living'. Honestly! Best book I've ever read, so simple, has everything summarized. It made daytrading simple! I was so confused with those lagging complicated indicators that I felt I'll need years to figure them out, I actually was ready to study even for years, :DD I mean comparing 6 years in medicine to 3 years studying indicators? It worth it:D Anyway, after Andrew's book, and how simple he explained everything, I searched for him in youtube, I watched all his recaps, emailed him a few times, and I actually was surprised how fast he was responding! I texted a lot of youtubers seeking for information but their answer was mostly"Sign up to my chatroom and you'll get everything you need, everything I do is taught there!" Andrew in compare to every other traders was humble, and helped for free :DD Answered all the questions I asked without asking for anything in return, I really loved that and after that I decided to join the chatroom, I paid for anual member ship+3 months das simulator, I might pay for 3 more months because I want to practice more, and hopefully in the next week I'll pay for a lifetime membership :DDD I really love this community, members here are nice, helpful, and overwhelming :DD Thank you for doing everything you do xD