Jump to content

Aiman

Lifetime Members
 View Profile  See their activity

  • Content Count

    138

  • Joined

  • Last visited

  • Days Won

    6

Posts posted by Aiman

  6. Posted

    On 7/5/2019 at 7:52 PM, JasonHeidecker said:

    Here's another one. Did NVDA really trade all the way down at ~164.50? Seems like you would need more than 49k shares to lower the price that much on such a large and heavily traded stock.

    image.png.4bddcb81c58a4e95d6f273a5926e6e7a.png

    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!

  8. Posted

    8 hours ago, Rob C said:

    Thank you for your comments. ORBs close to the open is my only working strategy at the moment. It makes just enough profit to pay for me trying other strategies, which are not profitable yet. Thus my P/L has been flat for 4 months. I don't think I trade the open due to any special skills or abilities that I have. I think I am simply too impatient to wait and I see these big moves at the open and I want to try and trade them. I tried it long enough to start forming a working strategy.

    I trade the 1min/2mn/3min ORB depending on the stock. For 8 weeks AAPL was in play at the open and the 2 minute ORB worked the best. Now FB is the main stock in play and for some reason the 1 minutes ORB works better on that stock. Interestingly enough MU's time frame seems to be the 3 minute ORB. Not sure why the different personalities. But I back test on weekends to see which time frame and strategy works the best for the coming week.

    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!

    • Thanks 1

  11. Posted

    2 hours ago, IamKarthi said:

    I am lucky to have found BBT as my Trading community. I didn't try any other chatrooms before joining BBT. Just one and done. 

    After joining BBT, I tried couple of other chatrooms to see what they are doing. I felt, just like the Market, some of these guys play with someone's greed (''you can make millions'') and FOMO ('discounted membership for first 50 participants/for next 15mins with clock ticking'). There is no such thing in BBT, they don't play with my emotions. It is open to all to try out and join if they like. Respect for the members and Open/encouraging environment for female traders are a big PLUS. And I agree to all the points mentioned above, so not going to repeat them. I would recommend BBT to anyone any day.

    What I would like to see:

    • Would like, atleast once in a while, Lifetime membership seminars and Live classes conducted in different time zones, considering we have Traders from across the world and we are growing. Currently this is focused to EST and PST.
    • Record the open : Post the premarket, can we have recording of the first 30mins Live action, posted in Membership section. Andrew's recaps are verygood, but since lot of traders take their own trades at the open, they miss what Andrew is saying Live.
    • +1 for Andrew to stick around and provide his thoughts about the market and price action, even if he doesn't take a trade. May be in the afternoon. Andrew can recognize the patterns like noone else.  For e.g - Everyone knows Andrew cuts his losses to a minimum, but he also adds to his position sometimes, when the price goes against him. What does he see exactly?. 
    • Mentorship program- I think we had one, but no followup program. Would like to see more Mentorship programs.
    • William's Trade reviews - Extend it to one more day, hope William is not going to hate me for this. May be mid-day, because not much action and most guys/gals are done with their trading already.
    • Buddy program - may be a platform for Trading buddy program.

     

     

    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

    • Like 2
    • Thanks 1

  12. Posted

    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!

    • Like 1
    • Thanks 1

  15. Posted

    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!

    • Like 2

  16. Posted

    10 hours ago, serioustrader said:

    OK great, thanks Aiman! The pattern kind of looks like ABCD to me, but I think the key difference is that it's a low float stock that has opened up strong.

    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))

  17. Posted

    6 hours ago, Robert H said:

    Fallen Angel is for low-floats and typically happens within the first hour after the Open.

    I took a reverse ABCD because I thought it was going for a 2nd leg down after the parabolic drop. In retrospect, too much time had elapsed for that and the momentum died. Normally a reverse ABCD/Bear Flag happens within 5-15 minutes after the first drop. This one was like 30 minutes after and a reversal was definitely taking shape.

    Thank you!

  18. Posted

    21 hours ago, Robert H said:

    $TRCO Reverse ABCD

     

     

    Couldn't crack below 32.50 and stopped out on a new 5-minute high for a 0.25/share loss. Stock ended up punching through VWAP to $34.25.

    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!

  19. Posted

    1 hour ago, serioustrader said:

    I actually read that post before but didn't really see the strategy explained - just some examples. If anyone wants to explain the strategy I would really appreciate that.

    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))))

  20. Posted

    4 minutes ago, onosendi said:

    Glad you like it. I hope it works well for you!

    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))

    • Like 1

  22. Posted

    3 hours ago, Abiel said:

    A failed Bearish Engulfing Crack... the price never broke the previous candlestick range and with VWAP, YY level & MAs below was going to be difficult to crack... 

     

    2018-07-07_1305

     

    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!

  23. Posted

    7 hours ago, Carlos M. said:

    Aiman sweet set up man!

    I think if we all switched our careers from Day Trading to gaming we will be extremely successful! Saying that because we are building machines for gaming specs first, trading second!!! :classic_biggrin:

    Nice set up!

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

  24. Posted · Edited by Aiman Almansoori

    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 

     

    • Like 2

  25. Posted

    Hi guys! I finally got my trading station ready! First of all I really want to thank everyone posted here, I read every comment, every detail and everything you posted, in conclusion I could build my own trading station!

    I actually lost all my trading capital building the station and hopefully becoming a life time member, but after thinking about it and reading @Andrew Aziz book I learned that it's an investion I've to do in order to become a successful trader. First lose money! Then make it :D, I'll be in simulator until I save money for trading 😄

    So, let's go to the details!

    1)Graphic card ASUS GeForce GTX 1080 8GB ROG STRIX Graphics Card (STRIX-GTX1080-A8G-GAMING) I wanted to buy the MSI Gtx 1080 gaming 8 x8gb but it wasn't available in my country, so I went with this

    2)Mother board GIGABYTE H370 AORUS Gaming 3 WIFI (LGA1151/Intel/USB3.1 Gen 2 Type A,Type C/HDMI/M.2/ATX/DDR4/Motherboard) 

    3)Ram CORSAIR VENGEANCE LED 16GB (2x8GB) DDR4 2666MHz C16 Desktop Memory - White LED

    4)CPU Corsair CX Series 750 Watt (2017) 80 Plus Bronze Certified Non-Modular Power Supply (CP-9020123-NA)I actually got 100w, but couldn't find it in amazon, you actually don't need 1000w, 750 is more than enough! I think even 650 will work, but I couldn't find 750 in my country as well

    5) Cooler ARCTIC Freezer 33 eSports ONE - Tower CPU Cooler with 120 mm PWM Processor Fan for Intel and AMD Sockets - for CPUs up to 200 Watts TDP - Silent and Efficient (White)

    6)Processor Intel BX80684I78700 8th Gen Core i7-8700 Processor 

    7)SSD, ADATA SU800 256GB 3D-NAND 2.5 Inch SATA III High Speed Read & Write up to 560MB/s & 520MB/s Solid State Drive (ASU800SS-256GT-C)

    8)Hard disk 2tb WD Blue 2TB Desktop Hard Disk Drive - SATA 6 Gb/s 64MB Cache 3.5 Inch - WD20EZRZ

    you'll need an ATX box I believe but it depends on your style :DD

    With the box this whole setup cost me 1450$ from a local store, I also have 4 philips monitors 24 inch each cost 100$+ a cheap desk xD 60$, gaming mouse and keyboards because I love games, both cost 80$, and a stand for 6 monitors which cost 120$, 3 hdmi cabels, 1 adapted from vga to display port, another from hdmi to display port. I believe that's all!

     

    trading station.jpeg

    • Like 4
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

  I accept