MadsFromDenmark

March 14, 2019

Your putting a ton of work in this, great job!

March 5, 2019

10 hours ago, Abiel said:

You are looking for Kyle´s hotkeys:

Sir yes sir! Thanks Abiel

March 4, 2019

Hello, i want to get a hotkey that does, calculate my share size out of my stop-loss (from my 1% capital) from my account, when i double click on the chart, and then its find the share size, that i can buy/short.
Everyone please?

March 4, 2019

Does this still work?

March 4, 2019

Hey all.
I'm back from now!
Hope everyone is doing great!

Will set the new pc up again.

Great day.

November 11, 2018

That's why i don't doing recaps, and so on...
Right now i'm learning, and working my ass off, to learn everything about trading.
And just don't have the energy to focus on the forum, and chat.
i will be back.

MadsFromDenmark!

November 1, 2018

Thanks Brendon!

Santa come early this year!
Oh man, great video!

October 28, 2018

Week 2:

Monday: +55, later that night, it came up in me, and i did see (i traded on the 1 min chart for every trade)..
Thursday: +52
Wensday: no trading.
Thirsday: +50,69
Friday: -66

First trade of the week:
Monday, did have a thoppy day on work, bad sleep.. But decided to trade anyways.
I did see later that day, how i traded, and took every trade against my (1 min) ..

CLVS: Shares 461 Price 21,65 +42,17
I did not follow my strategi, I was looking on the 1 min chart, and did got short, out from that.
But if i just had look on that 5 or 15 min chart, i would never take that trade, out from my strategi...
Did scalp out with that Vwap, and was just (lucky) to get out with profit. Bad trade

Pets: Shares 319 Price 32,61 -114,84!
Bearish engulfing crack, no new 5 min high, got a late entry and should have shorted it when it crack on the 5 min, but was looking on the 1 min chart, and trade (of out that)..
AND, i did not follow my stop-loss rule!

And because i got that late entry, and not looking for the 5 min, (stop-loss) where i should have set it, i missed a huge move downward!... Just because i traded it on the 1 min chart, and not the 5 min.

CLVS: Shares 377 price 21,67 +20,64
Again i did a trade out of the 1 min, shorted it because it broke the (moving averages) on the 1 min, fast scalp out, and out of the break even...
If i just look on that 5 min, would i go short in that strong uptrend hell no... Bad, nothing to say on that.

CLVS: Shares 592 Price 22,16 +107,30
Small ABCD pattern on 1 min, did buy on the small pullback, and scalp out good.
Stop-loss under the moving average. But again, 1 min chart (trade)

CLVS: Shares 488 Prices 21,63 +0
Again i did take a trade of the 1 min, break my rule of the stop-loss, and did let it run...
Was hopping it to come down.

And it did come down, and out in break even...! That one, was a good (learn, money)..!

Thursday, 1 trade over and out!

Tvix shares 319 prices 49,13 +51,96
Bearish engulfing crack, on the 5 min, no new high on the 1min, wanted it to crack down on the vwap, and the blue moving average.. After i did see that, i shorted it.
Did scalp out of the trade, and all out when it hit the 50 moving average on the 5 min.

Funny thing, i said it on the chat, that i expected it to crack all the way down to 46, and it did... And because i said that, i did see it cracked it on the 15 min, and got no (support zone) after it.
(Just a lesson to me, not to go all out of the trade.

Thursday :2 trades

AMD: Shares 463 prices 19,41 +21,80
New 5 min high, break those moving average on the 1 min chart, and cracked it on the 5 min, and expected it, to hit (high of the day),
It dropped, and got support of the 1 min MA, so waited and lot the trade (handle it) i did see it could't get over that 50 MA, on the 1 min... So i got out of it. and i did see those big sellers.
Good trade.

ALGN: shares 63 prices: 225,33 +28,69
ABCD patter, on the 1 and 15 min chart.. Did take it of a Moving average trade, and did see it got support of the MA, so got in. Got filed a bit late, did scalp out of it, and was looking on the (s&p500) and it did consolidation period, so got out..

Friday, was no rules day! Said to my self, you now have the time to be on the all day, so you forget your rules, and see how you will handle it.
And got damn it was hard, all of those emotions, that came, so (inspired) to see what your rules doing, if you are following them..
I know now, what i do wrong, when i got those emotions on, what takes i trade (for my strategi) and how i fell...

Will, do a (new) post, in here only for Friday, because there are a lot in it! Have a great weekend guys!
Mads from Denmark!
Over and out.

October 23, 2018

16 hours ago, Abiel said:

I was thinking like you, but lately I have seen traders losing big, hulk days or failure of internet connection, so I choose the safety net of DAS risk controls.

that was a great example to do it!

October 22, 2018

Nope, not here, i want to stick to my rules, and not let the (program) do it for me..
Need to get those feelings in, and practice myself to do it.

Just like take a losing trade, or get out of a trade, if it doesn't do the way i want.
I will learn, to hit the (stop) / get me out of the trade bottom.

I know, i need to stop when i hit 3 losses trades.
I know, i have a max stop loss for the day for 250 $
I know, i only can lose 83$ pr trade.

If i can't handle that, and learn to risk it, by myself, i will not (overcome) myself to keep my controls, i think i will fell ( The program, will stop me out) (The program will, do the job for me) And if it does it for me, i will not get the psychology felling.

What are you guys felling about it?
Please let me hear.

Have a great day.
MadsFromDenmark.

October 21, 2018

On 10/19/2018 at 9:49 PM, Mike B said:

October 19 trade on EBAY. I did a quick trade within the first five minutes on Ebay. That one trade made my daily goal, so if I was live I would have been done for the day and transferred to Sim. But since I am already in a simulator, I made the mental note that from this point forward all the trades would only be conducted in simulator and would not count towards any of my statistics. I did not make a video today as I cannot fit the recap in the 2 minute time limit, so I am just going to type it today. By the end of the day I had 4 trades, 2 positive, 2 negative because I let 1 of those go past my breakeven.

Trade 1 - Strategy - I was short biased as Ebay had a bad earnings report and it was having trouble popping above VWAP in the pre-market. I had a plan that if the stock sold off in the first minute that I would go short to 29.00 with a stop loss at VWAP if the the risk reward ratio was at least a 2:1. I entered and covered at 28.89 after a quick drop and then got out as the stock began to pull back towards my original profit target.

Trade 2 - Strategy - 5 Minute ORBD. I set my profit target at 28.61 with a stop loss at VWAP. This trade I did not execute my profit taking plan well, as I let the stock go past my breakeven point once I had taken my first out. I was messing around with the level 2 display being in the ladder view instead of the normal view I use. I like the visual of the ladder view as it was easy to identify what direction the price action was moving; however, I did not like how I was unable to clearly identify when the stock was at my breakeven price. This caused the stock to move past my break even point, so I decided to just use my original stop loss as an exit as it was only .05 away. I exited the trade when it hit VWAP.

Trade 3 - Strategy - did not have one as I started to let the candles dictate instead of analyzing the information the candles were presenting. Although I did not make money on this trade, this was probably the best trade of the day from a psychology development perspective. I entered at the 29.02 support level believing that the stock would go down toward my profit target from the previous trade at 28.61. I was saying to myself, "I know this stock is going to hit that profit target", thanks to the book "Trading in the Zone" I know when I start saying those words, I need to look for reasons why I am wrong. So I took my eyes off the 1 minute chart and started looking at the 5 minute and 15 minute chart. I quickly noticed on the five minute chart that the stock was making higher, higher, lows. When I saw this I said I need to get out and look for a profit target to the long side. I exited and quickly executed trade 4 to the long side.

Trade 4 - Strategy - Modified VWAP Reversal - I set an entry at the high of the second candle as the third candle did not make a new high. I set a stop at the low of the current candle as I was still a little short biased, and I set the profit target at the moving average at 29.58. I took profit at the resistance level of 29.46, a second out when the stock broke the 50 SMA on the 1 minute, and I exited when the stock hit my profit target.

Overall today I was happy with my trading. I met my daily goal and was in the green 4 of 4 trading days. I was also positive after commissions 4 of 4 days this week. I consider commissions & ECN fees as a learning price and do not count them when I consider whether I was green or red for the day. (Did not trade Monday)

Monthly stats

Win Rate% - 71% (3% increase from last week)

Average Win Ratio is below a 2:1 (1 dollar off a 2:1 ratio)

Net Equity curve is upward (increase from Horizontal)

Gross Equity curve is upward (Same as last week)

Current planned transition from primarily Simulator to Live trading is November 5, 2019.

What a great job! Love those recaps, keep the good work up!

October 21, 2018

I just got a white board, follow up some rules, stuff to help me, to become the best trader for myself.
I have set those hotkeys, and feel pretty good about them, so right now i will keep them.

What i have discovered this week:
It is okay not to hit your target for the day, don't ever chase it.
Need to be better to keep my trades, and not scalp out to quick.
Let the trade come to you.
Ride down my how i feel about the day.. Need to be better to that.

Hope you all have a great weekend..

October 19, 2018

Okay, let's do this!

17/10-2018.
First day trade on the sim, i did get off from work early, so i could see Andrew on the chat.
I finally did, set my hotkeys, on what i wanted!

And i was READY, i could smell the prey. So the it begin. Could fell the emotions, for all the effort i did put into it.. So let's go into the trades....

AMD: Shares ?? price ?? -107,90
First trade ever on the platform.
Das (hotkey) wrong settings,)So, as i mention, i was looking on the chat with andres, and all those others from Bear bull traders, and he said he would go short, on the AMD, for the Open range breakout, so i hit, my (hotkey) for the short, so it could calculate how many shares i should take, and now i just needed to hit my short. but it already have shorted it... Did see it waaay, to soon, and after it was to late..

SQ: Shares ?? Prices ??? -15,77
Second trade on the platform
Das (hotkey) wrong settings) So, Andrew said, he was watching SQ, and so did i after that, (ORB) open range breakout, wanted to go short, and did hit my (hotkey) so it could Calculate how many shares i should (short) And i just shorted it, right away... And Again, i did not see it did. Only after it was to late...

AMRN: Shares 4, prices 20,31, -0,84.
Third trade, after i see what my hotkey was doing, i just sat a number of shares to short (4). The trade was not what i expected, and got stopped out because of my bad entry..
But now i just tried to take a trade by my self, and not a stupid hotkey... Feel, pretty good, about that (stop-loss) for break-even, and follow the RULES.

CLDC: FOMO with a big F Shares 922, price 1,47, -92,20
Stupid emotions, was playing on now, my first 2 trades, and it was TRASH! Those hotkey's was pissing me off, but after it, i did edit it.
I could fell, how i began to look for the (give me money fast trades) i alredy have taking 2 trades, some i should't and it was only a (hotkey) failure, i am way to late now.. - My (head) saying that to me on that time. So i notice a penny stock, that was pumping right away up! I was hype, to miss it, and jumping on the train, no pull back, no strategies, ONLY a big (emotion) trade... Of felling to miss out the good and fast money... I said, to myself, you just way to stupid, no plan, no strategi, remember i said to my self, should i just wait to it, will go to break even..?

And after that i consistently just quit the trade... (Don't trade out of the mistake, get out IT!).

ATVI: Shares 267, Price 78,13 +40,05
Bearish engulfing did happen at 5 min chart, waited at little bit, and did see it crack a new 5 min low, my entry was okay wanted to get under that VWAP 1min chart, and see it would continue down, it did so i shorted, and did scalp out to test my hotkeys, and it worked well. Should have waited a to sell, but overall a good trade.

CVS: Shares 367, Prices 74,56, +31,25

Bearish engulfing crack, on the 5 min no new high, and a crack of that candle, entry was a little to late but want to see if it could crack that moving average, after i see it could, i did go short.
Sclaped out, to the next moving average, and all out after it hit.

Expected it could go down to the first moving average on the 5 min , remember also i did see those buyers was coming in. So i did get out of the trade.

ISRG: Shares 33, prices 529, +43,62
Was watching it on the 5 min chart, and wanted to see if it could hold the support on the moving average, it did, and now i wanted it to crack that VWAP, On the 5 min and 1 min chart.
Did scalp out, of the trade.

MU: Shares 488, prices 43,01, +39,04.
ORB short, should have waited to get out, but those 3 (consolidatoin) candles, on the 1 min chart, and did see the previous high on the yesterdays close, so got out.
Need to be better, to keep some of those shares, and make a (breakeven) stop-loss.

So first day, on the (job)! Let's go for this week, did only take 2 trades on for the 17/10-2018... And Today 19/10-2018.
I got a lot of stuff, for the job, also so emotions going in my life, so needed to get that on place. But was locking for some trades, and did 2, good trades.

IBM: Shares 395, Prices 134,57 +41,25

So was in the chat, and see someone saying take a look on the IBM, so i did..
I was see it, and did see a pullback, but did not trade it...
After i see, those 2 b (red candles) on the 1 min, and a doji, i did go short.

Did take my profit to quick, but was inspected it to, go up again, because it was to extended.

PDCE: Shares 691, Prices 46,52, +71,72
It pop up on the screen and i wanted it to go long, but waited it to conform my entry and that was above that VWAP, for the 15 min chart.
It tried 2 times, and cracking down, did see it on the 5 min candle, and now it was a Bearish engulfing crack, so waited it a little bit, and did short it.
Wanted it to crack that moving average, on the 1 min, and took some profit afterwards, said to myself, remember, let the trade do the work, so waited a little bit, and scalp out of the trade.

right after i was out. It reverse, just lock? or.

Have a great weekend!
Best of all
Mads from Denmark!

October 19, 2018

On 10/18/2018 at 2:52 PM, Carlos M. said:

Wow excellent post!

You are gearing yourself up for success! The work you put into outside of actual trading is what pays off when you trade.

Could not agree more with Brendon here:

Thanks for you time to read it Carlos!
Love to hear, you are saying that! I hope one day the hard work will come to a point!

October 6, 2018

On 1/5/2018 at 9:09 AM, Jason H. said:

I built my computer specifically for day trading (and gaming!).

I share a home office with my photographer girlfriend so I wanted to make sure I kept everything quiet and contained. My corner of the office is a standing workbench I custom designed and built myself to contain the tools, electronics, and gadgets I use to build "stuff". My 3d printer is also pictured. I built a Core i7 based PC on an Asus ROG Maximus IX motherboard, 32gb of RAM, and a Vega 64 graphics card. I have a Noctua CPU cooler that operates almost silently, and the machine itself is down in the corner so it's near silent. The iMac on our desk behind is actually louder. I installed an Ergotron arm to mount the monitors (a 34 inch wide screen and a very old 24inch monitor) to my standing work bench. I have gaming mouse and keyboard because I like the feel and I'm left handed so having an ambidextrous mouse is great when I switch to right-handed to game. The last part of my setup is a Stream Deck, a customizable keypad with LCD screens on each key which I've set up to trigger hotkeys for long and short positions. Each icon is custom color-coded so I can't mistakenly short a long position when I'm trying to sell, or something similarly boneheaded.

How do you set up (stream deck) my will not work.. if i try to hit a /hot key on it, it do nothing.. But works fine in (excel, word website and more)..
Do you know what i do wrong?

Nice set-up BTW!

October 6, 2018

23 hours ago, Mike B said:

October 5th trade on AMD. Stopped out and than identified some issues with the ping rate that affected my ability to continue trading in the day. Over all, I was happy with the week. Trading analytics were a 83% win rate, and a 2:1 ratio with regards to average win and average loss. This right were I want to be going live.

Dunno, if it only is me?
But in 1:09, you say in here, and your mouse don't move?
Does it (freezer)

Great job for the week!

October 6, 2018

Hello All! How was you week going so far?
I am still trying to figure out, to set my Hot keys in das, into my (stream deck)
My problem is, when i hit my hot key, on my stream deck, it will do nothing in Das..

But if i try everywhere else it, works fine..
So right now, i just need to do, so it works in Das..

I also made a (Weekend list)
-Hot keys. (almost)
-Find some A+ trades , from my scanner, and study/practice them.
-See Andrews videos.
-Read some page, in ( The investor 's Quotient)

October 6, 2018

Nice! Thank you sir.

October 6, 2018

On 10/5/2018 at 12:57 AM, Brendon said:

Wow Made Dane, you put a ton of effort into all this. You know we need to convince Elagato company to release a larger StreamDeck to allow for more custom hard stop keys...maybe 5 across, 5 down. I use hard stops of 5c but run out of room with 1 device and have to make folders for additional keys. I agree stick with the 1% perhaps 2% account risk per trade and if you want to make more money, you will need to grow your balance not risk more...always remember that. Remember to log the days you break your rules and review them so you do not relapse.

The way I am doing that now is living the cube life 'outlook and excel' all day long at work. Never again am I going to blow past my stops. I'll make a post about that sometime for anyone here not respecting proper risk management. Your trading is so dependent on your external life factors, so make sure nothing will interfere with your performance, i.e. sleep, stress, money, bills, kids, wife, hubby, etc...all of that WILL affect your performance to some degree. Very unlike other jobs and things we do during the day.

Thanks for the detailed post bruh.

Thank you sir! Yeah differently they need to make, something bigger!
I will use my log, and go back to see where and how i, break my rules, but you just got me thinking about to make, a ( remember) this note, so if or when i do, i easily can see it.

Thank you for your time Brendon!

October 2, 2018

Thanks for the great videos! Nice job, for those trades, and still grinding every day.
What program do you use for the record, and are you doing it, after you finish? (live)

Great work, and have good day sir.

October 2, 2018

Okay! Let's go i am ready now! Or am i? That the questions i keep asking myself, what more do i need now, and what do i have.... So let's start from the beginning.

This is what i have right now! Soon i will begin my journal, of trading, an i am ready, to hit it! But right now, let's go into step buy step, why i have all those things, and stuff.

I got this (Note book) because i want to (leave) and (keep) my journey, in mind, so i always, can look back, from where i was. I also have this because, i want to keep tracking my trades down, but i am not going to use it like a (log book) but more like a diary, to keep my emotions down there, and everything that i will learn, and have done for the day, what i would fell after the day, what i have learn and son on.

I got this book, to track my trades, every single one of them. to see how it's going, and could go back and see if/or i did take that set-up/trade before, and did i go well.

The map, i have this, because i want to (keep) making rules, and set in.
I want to have my (strategy) close to me, and can change it buy the time, i delivery more experience day for day, and to see what it started for, maybe the ABCD pattern, will be change after 3 days, because i found out that i need, some more (conformation) in that strategy, and then i can change it.

Just some of my rules, wanna say thanks to Andrew, Robert, And Peter for those great informations about risk, control and psychology! Keep the good work guys! Thanks.

I got this, because i don't now what to set as target for the day, and will change it for day for day.
Why? Because,i think its important, to set the goal, for what you day have been, (are you tried) (did you have a bad day) (are you feeling strong) (do you have some emotions going on) and so on.
But the MAX loss pr day will always be the same! Thinking right now to set it at ( 250$) its 1 % for the totalt amount of my account, i know its not a lot, but still new, and i know its only a (demo). But want to keep it like it's was my job, and real money!
And Max loss pr day trades will always be the same! 3 trades! And that will also be my MAX loss pr day. so 1% of the totalt amount of my account.
Stoploss pr trade: it would change buy time, for RR, but would keep it for 83$, so i can lose 3 trades. before i hit my MAX loss pr day. - Also want to say thanks to the great article Peter D, and the good excel ark! definitely gonna use that!

And this! Yes MAN! How the week going so far? Let me see, just buy that, keep my trades and the overall (P/L) day for day.
Thank you! Can't remember is name, but did see this on the (Members day trading recap) But thanks!

I think its very important, to have this!
1: Just so you can see what the week is going so far.
2: Its about the psychology , behind it. You need to type it down, and when your are sitting there you dont want to let it be red. Just like the (bonus, on the day job) Or the every month, (journey) How much, did you make? What did you do wrong? How fast was you?
3: are you green for 3 days? Then you can see how the day was before, you began to trade, in my (day trading journey) was i happy, did i have a good day? Maybe i got a lot of sleep?

AND of course the (hot key pad) i want to do it fast, don't want do fumble around and make those (hotkeys mistakes).. So i did buy this, will do update on this.
It's my own (howkeys) right now, i just need to (log it in) das if i can..

I like you see on picture (2) i can open Trade ideas, facebook and so on..
If i click on (bear bull traders) it will open another (hot keys) So i easily can open some of those websites.
And if i click on (Das) it will open another ( Hot keys) and there will my hot keys, now i just need to set it in das, if i can.

The Excel ark, to make my positions size fast and easy, to keep my (stop loss) in my 83$. for every trade i take.

So yeah, i think i mid be ready to go out, and do some trades.
Do i need more?
Did i miss something?

- I will not post here every day, i think, but mostly like every week. (sunday) for all the trades i took, and so on.
Maybe it will be every day, if not, i will do it the way, i was saying up there.

Still need to set up, my Das demo account, so will start it next week.

Can you all have a great week!
Mads From Denmark!