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hailchaser2

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Posts posted by hailchaser2


  1. Thursday LIVE

    23/28 +6.4R

    How Many Winners Would Have Made 2:1? 15/21 (Not Sure where my other two winners are, but I'm not going to try and find them.

    I'm exhausted after today, for one, I drank too many beers last night, and then I traded almost all day.

    7-30pl.PNG.6eef11e210e1906ac9272b95ad27006b.PNG

     

    KNDI Pre Market Lighning bolt up +0.52R

    Would Have made 2:1? NO

    7-30kndi.1.PNG.7fb9e5d14b3915e09e72de8201869caf.PNG7-30kndistudy.PNG.4d9917d18efb7054d0d7b59f1a140b38.PNG

     

    QCOM.1 1MinOrbDown +0.72R

    Would Have Made 2:1? YES

    QCOM.2 NoStrategy -1.36R

    QCOM.3 Double Top +0.68R

    Would Have Made 2:1? YES

     

    7-30qcom.1.PNG.91d91867d22abca12e74cddce45a24ed.PNG7-30qcom.1study.PNG.f4491e5c8a29896fb06c8dc37a2fb8de.PNG

    7-30qcom.2study.PNG.9e40d43f1fded19c7503a142a6866402.PNG

    JPM.1 5MinOrbDown +0.17R

    Would Have Made 2:1? YES

    JPM.2 Double Bottom +0.1R

    Would Have Made 2:1? YES

    7-30jpm.PNG.923e11817f68b434bc922b110c390693.PNG7-30jpmstudy.PNG.8499605e21777a4e0a0fa14195a42ee3.PNG

    7-30jpm.2study.PNG.453963093fd77e9d239feed7181d5a99.PNG

     

    UPS BOUp@Level +0.7RWould
    Have made 2:1? YES

    7-30ups.PNG.93083e7eee6bb175d5ba0d7447dfa85e.PNG7-30ups.1study.PNG.6a7f637264daca1db06e942497bf537c.PNG

     

    BA.1 LighningBoltUp +0.3R

    Would Have Made 2:1? NO

     

    7-30ba.1.PNG.26405f08880f48089fec30937f5b79a8.PNG7-30bastudy.PNG.0aab4a81a937ad37bbe2dd984a77e80f.PNG

     

    KNDI.1 Double Bottom +0.12R

    Would Have made 2:1? NO

    KNDI.2 No Strategy +0.12R

    Would Have Made 2:1? NO

    KNDI.3 No Strategy -0.3R

    KNDI.4 No Strategy -0.46R

     

    7-30kndi.PNG.8a2639ff0fbd073ebbfe45e7e925d4fb.PNG7-30kndistudy.PNG.a8d44f95ac63e7269c7ae00e0f3c153d.PNG

    7-30kndi.2study.PNG.d58e00fc0099f0f2ca38026c4739efad.PNG

     

    BA .1 Reversal -1.1R

    BA.2 Reversal again +1.2R

    Would Have Made 2:1? YES

    7-30ba.2.PNG.08be019485fbcfddc401088c8d3f294f.PNG

    7-30ba.3study.PNG.6f7f82d3e2b72513e6369a556428335f.PNG

     

    IPO

    LI.1 +0.04R

    Would Have Made 2:1? NO

    LI.2 +0.05R

    Would Have Made 2:1? NO

    7-30li.PNG.c431b15cd41db74d81085d1f1877ce3e.PNG

     

    UPS.1 Aiman Reversal +0.2R

    Would Have Made 2:1? YES

    UPS.2 Aiman Reversal Try 2 +1.0R

    Would Have Made 2:1? YES

     

    7-30ups.2.PNG.4dd13250fe45681a4b8f2bdea89183ca.PNG7-30ups.2study.PNG.0f0a93f5652ef9cf388e2b7cf34ba023.PNG

    7-30ups.2study.PNG.7d52fd107fd3cd49dc5b962b0ef9f2dc.PNG

     

    AMD.1 Reversal +0.18R

    Would Have Made 2:1? YES

    AMD.2 Reversal +0.64R

    Would Have Made 2:1? YES

    7-30amd.PNG.96c9271d252a682825b69aa0c176eb1d.PNG7-30amd.1study.PNG.51d14176fc13250d4a4b91b5ff8a71ea.PNG7-30amd.2study.PNG.80f28cad4d7903e2dd458ee191a80aee.PNG

     

    KO Squak News Trade +0.5R

    Would Have Made 2:1? YES

    7-30ko.PNG.b747f88f7115866bf1280bc703f80de8.PNG7-30kostudy.PNG.eba78db34fa55ff8a737993aafe8e01d.PNG

     

    QCOM BOUp@Level HOD +0.85R

    Would Have Made 2:1? YES

    7-30qcom.2.PNG.8d9afdf26173abfd7dd811c006ae5566.PNG7-30qcom.3study.PNG.432051aff43f00aa11bc2ab2cf943001.PNG

     

    ZM.1 Squak News Trade +0.12R

    Would Have Made 2:1? Yes

    AM.2 Squak News Trade +1.6R

    Would Have Made 2:1? YES

    7-30zm.PNG.2f8da766b8d6e4916bf32ad750a94ef8.PNG7-30zm.1study.PNG.c7256394ddb481d09420f200a3e7c698.PNG7-30am.2study.PNG.368ba6f24deb2db831d89401de1c69b7.PNG

     

    AAPL BOUp@Level HOD +0.23R

    Would Have Made 2:1? YES

    7-30aapl.PNG.db3cd805c9a8eeb7e6b4ce361929f47e.PNG7-30aaplstudy.PNG.59bf504adae470052e28518877e3d257.PNG

     

     

    Long Day. I traded ok, but I still had several trades I exited with small wins that I should have been patient on and held for the 2:1 mark.

     

     

     

    • Like 1

  2. 4 hours ago, tntp45 said:

    Nice Day !

    I like the $SBUX trade !  Nice catch !  Do you have the 50sma on your chart ?  Would that also be Peter's mountain pass ?

    What a crazy day for $KODK !  People must have made and lost some serious $$.

    The 50SMA is the thicker grey line. It was close to his mountain pass, I don’t recall all of his criteria. But I know my entry was probably too soon for his setup.


  3. Wednesday LIVE

    +2.35R

    5/8

    How Many Winners Made 2:1? 3/5

    I gave away too much later in the day again. 

    pl.PNG.19bd9ad093da278ec19278cade15ed1a.PNG

     

    KODK Pre Market +1.0R

    Would Have Made 2:1? YES

    7-29kodk.PNG.52fe057f2f530db708718bbe7b029309.PNG7-29kodkstudy.thumb.PNG.ec2a4147c071e6041d465868c5f70840.PNG

     

    TSM 1MinOrbDown -0.39R

    My original stop was above first candle, I exited when it looked more like an Orb up instead of an Orb Down.

     

    7-29tsm.1.PNG.63a80088b34cfb1ab61e319fe3e67056.PNG

     

    INTC 1MinOrbDown +1.6R

    Would Have Made 2:1? YES

    Had two adds to this short, it was a nice trade.

     7-29intc.PNG.d1896327920fb8c8192dd18ba8c587c0.PNG

    7-29intcstudy.thumb.PNG.c7564461eb51ce87e8a06ea960ed9fac.PNG

     

    AMD BODown@Level +0.2R

    Would Have Made 2:1? NO

    7-29amd.PNG.7c7a9fdf14d505b2e987c687debb7fb7.PNG7-29amdstudy.PNG.284f47ab321f685a2615cdc1f513c1db.PNG

     

    SBUX Double Top +1.1R

    Would Have Made 2:1? YES

     

    7-29sbux.PNG.d7dfcde27b1888eb57dc5da3f90dcc0c.PNG7-29sbuxstudy.thumb.PNG.0ceefd785fd55a1785e7d18d6aab9c7c.PNG

     

     

    Here is where I lost concentration again today, started firing at no strategy trades again.

     

    TSM.1 DoubleTop, But I chased it bad. -1.0R

    TSM.2 Revenge Short -0.78R

    TSM.3 Revenge Short Again +0.59R

    Would Have Made 2:1? NO

    7-29tsm.2.PNG.38dc4f2dec241c60a643e546351b9b66.PNG7-29tsm.2study.thumb.PNG.ef3f85d62c9b5aaa5716f69df7624c24.PNG

     

    I took screenshots full screen today on my "2:1 Study Charts" I don't like how they look here in the forum, so I'll go back to the other way I took screen pics.

     

    Some good trades today. But I think I need to adjust my late morning trading, either switch to SIM after open session, or walk away for 30 minutes or so after open session to clear my mind before the late morning session.

    I'll get into tradervue and look at the time of the day and see if there has been a pattern this week.

    • Like 1

  4. I wasn't able to log on the forums list night, so here is yesterday's recap.

    Tuesday LIVE

    -0.3R but max loss with commissions/fees

    9/17

    How Many Winners Made 2:1? 6/8

     

    I gave my profits back just like yesterday.

    1086134354_runningpl.PNG.753802110bbab18a0af72f56624dab65.PNG

     

    TSM.1 Premarket -0.9R

    TSM.2 Premarket -.4R

    Not a good way to start the morning.

    TSM.3 1MinOrbDown +0.57R

    Would Have Made 2:1? YES

     

    7-28tsm.PNG.819a5fdc306d6b5a3caa31f20312c39f.PNG7-28tsmstudy.PNG.47120da62d9f97da2e42d1843768f0dd.PNG

     

    BA 5MinOrbUp -1.0R

    7-28ba.PNG.30ce7a6471d2e5c131365bc9e77c194e.PNG

     

    INTC 5MinOrbUp +0.23R

    Would Have Made 2:1? NO

    7-28intc.PNG.d0743e2b60a38ed738594a3e58c419d9.PNG7-28intcstudy.PNG.cefa37997e92ec09188580f964e46b0f.PNG

     

    NCLH 5MinOrbUp +1.0R

    Would Have Made 2:1? YES

    7-28nclh.PNG.bd3ba0b909eb93803f35640942ca2c19.PNG7-28nclhstudy.PNG.18a08aea27e3df4cd82082cd6a3b32c3.PNG

     

    ROKU BODown@Level +1.4R

    Would Have Made 2:1? YES

     

    7-28roku.PNG.d10fa937e2e7d3b67447bf44c8f3cd3f.PNG7-28rokustudy.PNG.e5248cbf4f1a6c4bf6a6381a7943bd1e.PNG

     

    BA BOUp@Level +0.23R

    Would Have Made 2:1? YES

    7-28ba.2.PNG.cfd4b14362a410b1e77235f2dca90021.PNG7-28bastudy.PNG.495ee0026f81e867d391a2381c50503d.PNG

     

    TSLA.1 BOUp@Level  -0.6R

    TSLA.2 BOUp@Level +0.4R

    Would Have Made 2:1? YES

     

    7-28tsla.PNG.365324937a4b8de2a53dc60ec862bc56.PNG7-28tslastudy.PNG.92399e72090bf9e927a48e8416aa1744.PNG

     

    BA DoubleTop +0.23R

    Would Have Made 2:1? NO

    7-28ba.3.PNG.cdfec7292628a7b9ad35fca0343fc6f7.PNG

    7-28bastudy.2.PNG.15d56490b8d3b7371d437ab9b80d967c.PNG

     

    RCL DoubleTop +1.5R Won Member TOD)

    Would Have Made 2:1? YES

    7-28rcl.PNG.f6f32853f406d0b548eeda640ce36a1f.PNG7-28rclstudy.PNG.fca59a3abf330493ad7de194d45e0bfd.PNG

     

    BA Again LightningBoltDown -0.83R

     

    7-28ba.3.PNG.cdfec7292628a7b9ad35fca0343fc6f7.PNG

     

    BA LighningBoltDown -0.83R

     

    7-28ba.4.PNG.aaf538f8fabca0f0afb70f4ddfc7c0d9.PNG

     

    AMD BODown@Level -1.0R

     

    7-28amd.PNG.276336da1adfac162f7f0f53e3bdaa27.PNG

     

    Lost my concentration and started revenge trading BA later in the morning.....it's so easy to just start firing away when I lose my self awareness. Still a work in progress, but that never really ends does it?


  5. Monday LIVE

    11/20

    -0.8R

    How Many Would Have Made 2:1? 6/11

     

    Back home for the week, no work. So I sat at my computer and overtraded until I hit max loss. Not very smart. It actually wasn't going too bad until my daughter started asking me to help with her TV problem, at that point I lost all concentration and started trying to make more money real quick before I had to go help her. I've been in a hotel trading alone for several weeks now, this is a bigt change being home with the family. I'm going to have to get much better at walking away when I'm distracted. 

    I was up to 2.4R at one point in the morning, but I didn't know it, because I don't look at my P&L on a regular basis.

    7-27running.PNG.9a2652bd7b4ce084718f2685f81a7bfb.PNG

     

    SPCE

    Would Have Made 2:1?

    7-27spce.PNG.0497fa5ddd891c002db4e68be851ab57.PNG7-27spcestudy.PNG.3d41cb68834557e699d4cb44566319b7.PNG

     

    BA

    Would Have Made 2:1?

    7-27ba.PNG.a20cd575fdc141a7dcc999edc8eaca9a.PNG7-27bastudy.PNG.6f618b61d064ed7524a70e396f5a5c44.PNG7-27bastudy.2.PNG.2b1c155838703445ebcb605d17d12529.PNG

     

    VXRT

     

    Would Have Made 2:1?

    7-27vxrt.PNG.6817e498de5e5a2c62a5a9d8eee1eb16.PNG7-27vxrtstudy.PNG.1362e2a81d9a455eb4b4d08679cccf43.PNG

     

    MRNA

     

    Would Have Made 2:1?

    7-27mrna.PNG.71c4eb013a06549605cea3187ec850ee.PNG7-27mrnastudy.PNG.19c1292c6107b43bf51b139fec4d104d.PNG

     

    That was my normal morning session, I would usually head to work after those opening trades, I was 4/5 and +1.6R at that point.

    But I didn't stop

    spacer.pngspacer.png

     

     

     

     

     

    7-27roku.1.PNG

    7-27roku.1study.PNG

    7-27roku.2.PNG

    7-27roku.2study.PNG

    7-27roku.3.PNG


  6. 13/17 winners would have made 2:1 this week. So my entries are good, it's my partialing that really needs work. 

    I was only +2R this week, it's nice to be positive, but after seeing how many trades would have made 2:1, i'm frustrated because I'm struggling so bad to change this area of my trading. I've also had 3 strong Margaritas tonight....it is national tequila day.

     

    I'm flying home this weekend so I should be trading from home next week. I guess I'll have to buy another monitor, because I'm not going to fly home with this one. 

    • Like 1

  7. Friday LIVE

    4/4

    +2.1R

    How Many Winners made 2:1? 3/4.....almost 4/4

     

    INTC BODown@Level +0.84R

    Would have Made 2:1? Yes

    I'm not supposed to trade pre-market, but damn this looked too good, lol

    7-24intc.thumb.PNG.1889792957d8e3490bf84ca9a2ccbaa4.PNG

    7-24intcstudy.1.thumb.PNG.58cfd656c0ced0f8eab7ed5aef043f42.PNG

     

    WFC 1MinOrbUP (kindof) +0.78R

    Would Have Made 2:1? YES

    I didn't wait the full 5 minutes, but this thing was ready to go.

    7-24wfc.thumb.PNG.555dd38a740025a668b2dc0827567764.PNG

    7-24wfcstudy.thumb.PNG.3d141fdde88ad16fd4a218d7d9664de5.PNG

     

    BA DoubleTop +0.26R

    Would Have Made 2:1? NO....but really close. I would have partialed because the 50SMA was near 2:1

    Good double top / Aiman reversal. very extended from the 9EMA on the 5Min. I meant to take a partial and got all out on accident.

    7-24ba.thumb.PNG.e6dfb2017fc40dd5ad7430b7ed239105.PNG

     

    7-24bastudy.thumb.PNG.7789c339d411e7358ddbc565a10bc988.PNG

     

    INTC Double Bottom MA cross +0.26R

    Would Have Made 2:1? YES

    I was wanting a quick squeeze back to VWAP, I needed to leave for work. So I didn't have time for a slow move.

    7-24intc.2.thumb.PNG.6bb081ceaadc12d3af66bb818112efcb.PNG

    7-24intcstudy.2.thumb.PNG.2fa0cb6fda50d2d5ee55a08686834153.PNG

     

    Good way to finish the week, but I really need to fix this quick partial problem to make my daily Rs much better, This week I had a majority of my trades make it to 2:1. I feel good about my trading right now, just need to tweak that one thing. I will get there.

    • Like 2

  8. Thursday LIVE

    +0.6R

    4/6

    How Many Winning Trades made 2:!? 5/6 I counted the trade that didn't fill, and the one that filled below candle.

     

    I stuck to my plan of no trades before first 5Min candle.

     

    First trade of the day MSFT. I didn't get filled with Kyle Hotkey Would have been a good start to the day.

    Would Have Made 2:1? YES

    hotkey.thumb.PNG.0cd5e575ede2ea1358133059cc9c7dca.PNG

    Would have been a nice trade.

    7-23msft.thumb.PNG.a09e9f48a8aba14ecda439bb4dec4234.PNG

     

    AMD 5MinOrbDown +0.97R

    Would Have Made 2:1? YES

    Partialed too soon again

     

    7-23amd.thumb.PNG.c41c25123228d55812e2986f83115e49.PNG

     

    I didn't wait for 2:1

    7-23amdstudy.thumb.PNG.bec6bdba439cd0efc2b3ed8b97b6ab47.PNG

     

    ROKU 5MinOrbUp -1.3R

    ROKU.2 5MinOrbUp +0.73R

    Would Have Made 2:1? YES

    My first attempt filled .01 higher than the high of the candle and my stop triggered even though the low of the candle was .01 higher than my order. very strange. That alone cost me 1.3R plus the missed trade, my size was double what my second entry ended up being. Just bad luck on this one I guess.

     

    7-23roku.thumb.PNG.346741736346e390ad2f16739621fccf.PNG

    7-23rokustudy.thumb.PNG.0afdab9f376457758af14816b765e5fb.PNG

    IMG_3099.thumb.JPG.7e5a957eef02aeb3b03322e3743b9db5.JPGIMG_3098.thumb.JPG.ddf2652ee3e7badfaf815209914f1d0f.JPG

     

     

    WFC 5MinOrbDown -0.36R

    Would Have Made 2:!? YES

    I chickened out of this trade.

    7-23wfc.thumb.PNG.9b7accf6909a47a80a693b14f4336248.PNG

    7-23wfcstudy.thumb.PNG.7b5b851bda7239512ed527f38d62eb87.PNG

     

    TwTR.1 LighningBoltUp/5MinOrbUp +0.16R

    Would Have Made 2:1? YES

    TWTR.2 BO HOD +0.44R

    Would Have made 2:1? NO

     

     

    7-23twtr.thumb.PNG.248ebd9b13d905fed2b7be35c699055a.PNG

    7-23twtrstudy.1.thumb.PNG.1146ae41d082c3adc61a573809d04a8f.PNG

     

    7-23twtrstudy.2.thumb.PNG.1af3e01f7f08f824d6548db30ce8c141.PNG

     

    After doing this journal, I feel a lot better about how I traded today......well, the trades I took, my first partial still needs work. I haven't been to the store to get that stress ball yet. I think tomorrow I'm going to compromise and try to wait until 1.5R. Today I did wait for 1:1 on all of them except one. So I am making a small amount of progress. 

     

    Thanks For Stopping In.

     

     

    • Like 1

  9. Wednesday LIVE

    1/4

    -2.7R MAX LOSS

    How Many Winners Made 2:1? 0/1

     

    WFC 1MinOrbUp -1.1R

    I liked the wick on the first candle, I should have stayed away though because PCL (Black Dash Line) was right above my entry.

     7-22wfc.thumb.PNG.011ff3896fb7cd2996c0ce1b2c0c3c14.PNG

     

    SNAP 1MinOrbUp +.09R

     

    7-22snap.thumb.PNG.35757d1d007b53538755ac0455c77586.PNG

     

    UAL 5MinOrbDown -1.0R

    I thought this was going to break support on the third try, big BIDS at 32.00, descending triangle on the 1Min Chart......but it just didn't work out.

     

    7-22ual.thumb.PNG.51c84c135aff3895fad566aa6a26f936.PNG

     

    AMD 5MinOrbUp -0.8R

    ahhhh, the missed trade of the day, I always use loss of VWAP as stop any time I enter a trade like this. I believe I could have used loss of VPOC (Blue Dash) instead since it was just under VWAP. price only went past my stop 4.5 cents.......then look at what happend the rest of the day in the pic below this. It ran up to 60 without a pullback. IU probably would have re-entered if I hadn't hit my max loss already. 

     

    7-22amd.thumb.PNG.72c45a8b23c192263419d7d3c7379add.PNG

     

    7-22amd.2.thumb.PNG.1de3c7257ba334b8249007f7c069eb5a.PNG

     

    Today, the only trade I didn't really like was WFC because of the PCL just above entry.

     

    The rest of the week I'm going to stop 1MinOrbs, I'm just not hitting them right now, 5MinOrbs only. Just not sure if I should un-mute the chat at the open or not....I always mute it before the open to help my concentration.


  10. Tuesday LIVE

    -2.0R Max Loss

    4/8

    How Many Winners Made 2:1? 3/4

     

    KO.1 1MinOrbDown -1.2R

    Would Have Made 2:1? NO

    Decent trade, the wicks on the first two candle were a bit long to the bottom side, that was a sign not to enter short, but I thought since it tested VWAP on the 3rd candle and moved down, it was still a good short.....It didn't work out.

    KO.2 Lightning Bolt Down -1.3R

    Would Have Made 2:1? NO

    It broke VWAP and 100SMA, came back up and tested VWAP, then broke 100SMA again, I shorted as soon as it broke through that MA. This didn't work either. I'm ok with this trade though.

    KO.3 No Strategy +0.15R

    Would Have Made 2:1? NO

    A bit of a revenge trade. Bad

    7-21ko.thumb.PNG.1292cf0a3e174c58b8e3febfde6c7716.PNG

     

    BA.1 5MinOrbUp +0.17

    Would Have Made 2:1? YES

    Good entry, early partial again. booooo

    BA.2 BOUp@Level +1.27R

    Would Have Made 2:1? YES

    ok trade, but not a current setup

     

    7-21ba.thumb.PNG.15079b09a7545c1faad30e3f3f609da3.PNG

     

    First BA trade study, would have hit 2:1, but would have taken a while to get there.

    7-21bastudy.1.thumb.PNG.161712ccdbc6f45d8df464d19358f5f4.PNG

    BA.2 made it to 2:1 easy but I partialed too soon once again.

    7-21bastudy.2.thumb.PNG.242bcb5463590c33e5e240394067a41a.PNG

     

    AMD.1 5MinOrbUp -0.93R

    Would Have Made 2:1? NO

    I liked this trade too, didn't work out though.

    AMD.2 5MinOrbDown +1.16R

    Would Have Made 2:1? YES

    7-21amd.thumb.PNG.477a63047876a7c5172fc794a1ea4b82.PNG

    again, made 2:1 easy, but I partialed too soon. AGAIN

    7-21amdstudy.thumb.PNG.898e6eee750a2c3682b5b247deec1d4f.PNG

     

    AMD.3 Phone Trade Double Bottom -1.35R

    Would Have made 2:!? NO

    I was supposed to delete the DaS app after last week's bad ROKU trade.....I deleted it after this trade.

    7-20amd.2.thumb.PNG.3736cf97c70f7e14e27d086dc6c51c66.PNG

     

    APP DELETED

    IMG_3086.thumb.PNG.730ecd0ce33be85f04686f203266e634.PNG

     

    Even though it was a bad P&L day, I only had one bad trade, and a couple that aren't my current setups. I had slippage on nearly every trade today, it was strange. I need to get over this fear of having a losing trade, it's causing me to partial at or before 1:1....I need to get consistent at taking the first partial at 2:1.

     


  11. Monday LIVE

    2/2 +2.4R

    How Many Made 2:1? 2/2

    Both stocks today were just on my watch list because of the daily charts. I liked BA, and someone else in the pre market chat pointed out TWTR daily.

     

    BA was at pretty significant support level, I was looking for a good bounce and run up. or a loss of the level.

    badaily.PNG.20061e5c2c3b027e90c1aabe2a3b03f7.PNG

     

    TWTR had a great ascending triangle forming on the daily, looked good for a breakout.

    twtrdaily.PNG.0be2af134308b9fac88d034a9934b4af.PNG

     

    TWTR 1MinOrbUp +1.2R

    Would Have Made 2:1? YES

    1st candle had no volume, so I basically ignored it and acted like candle number 2 was the open.

    7-20twtr.thumb.PNG.6adb2399234cea650e8b567c705b111b.PNG

     

     

    As you can see I failed to wait for 2:1 on my first partial, I did make it to the 1:1 mark though....baby steps.

    7-20twtrstudy.thumb.PNG.3724f877aa30d259c5cb2d7df6053157.PNG

     

    BA 5MinOrbDown +1.2R

    Would Have Made 2:1? YES

    Look at how VWAP was resistance for the 4 candles before my entry.

    EDIT: I knew there was a trade this morning that I almost took, but I couldn't remember what it was. Every night after I journal here, and journal in TraderVue, and log my Orbs in my Orb Tracking Sheet, I go back to DaS and review how each of my watchlist tickers did at the open. I try to see if there is a good setup I missed, basically just go over the open in my head again. I then move today's watchlist down to "Yesterday's Watchlist" and get my blank lines setup in my watchlist for tomorrow. When I was looking at BA, I realized that was the trade I didn't take. Look at the 1MinChart, the first two candles had big wicks down, I like to see this for 1MinOrbUps, when the third candle went through VWAP, I almost took it long, I actually had my finger over the hotkey, but I caught myself......the 100 and 200 SMA are right there above PCL and price action. It's refreshing to see that I'm catching myself before making mistakes like that. It's so easy to see after the fact, the trick is to see it before entering, and I'm getting better at that.

     

    7-20ba.thumb.PNG.61a81f677ff5b2d0c0f3851c4da28a36.PNG

     

    This one I didn't even make it to 1:1 before first partial.

    7-20bastudy.thumb.PNG.f2864c7020096100104a1cd17ee2174d.PNG

     

    I was a little more patient today with partials, still need to work on it this week, I really think the 2:1 is what I need to do. But man it feels good to get a partial and know the trade is going to be green no matter what after that first partial.

     

    Good start to the week after a bad week last week, I was -5.7R last week.

    • Like 1

  12. 10 hours ago, leilij said:

    @hailchaser2 wow congratulation on changing around your trading. looks amazing.

    I do meditations here and there and I think I will add one before the trading as well.

    I made two changes today (based on Tiffany's recommendation) which I think helped me:

    1- increase my risk to 20

    2- hid my p&L

     

    I was down $60 today after 3 bad trades and then turned it around and ended the day green 🙂

     

    That's another change I didn't mention, Peter the mod, not Peter B here, talked about how he doesn't look at his P&L until he is finished trading. I started doing that and it really helped me also. It was difficult to stick to this change, but once you master it, like Peter said, it's freeing. 

    • Like 2

  13. Friday LIVE

    -3.0R MAX LOSS

    4/7

    How Many Would Have Made 2:1? 1/6

    MSFT.1  1MinOrbDown -1.0R

    Would Have Made 2:1? NO

    Good Trade, just didn't work. Maybe I could have waited longer into the second candle to see how it reacted to VWAP, I don't remember how the candle actually formed.

    MSFT.2 5MinOrbDown +0.1R

    Would Have Made 2:1? YES

    Good entry, terrible case of cold feet. I had this problem all week. I will work on this problem starting Monday.

     

    7-17msft.thumb.PNG.2b27729d2b37637e6b58f8ae82a7fdba.PNG

     

    7-17msftstudy.2.thumb.PNG.0bca682b85a89ec97d3b60995689e180.PNG

     

    ROKU 1 MinOrbUp +0.3R

    Would Have Made 2:1? NO

    Bad R:R, too far from VWAP, which made it too close to PCL (Black dotted)

     

    7-17roku.thumb.PNG.a6d5ecd16a2ecfe860c2737103ff07a2.PNG

     

    7-17rokustudy.thumb.PNG.4c819c63ca85b7c539da243164eb276c.PNG

     

    AMD.1 No Strategy +0.1R

    Would Have Made 2:1? NO

    BAD TRADE

    AMD.2 BODown@Level -1.3R

    Would Have Made 2:1? NO

    BAD TRADE AGAIN

    7-17amd.thumb.PNG.21fdad4895d587484befa0db4fa0ee45.PNG

     

    7-17amdstudy.thumb.PNG.75a56db50fe914875e3320f0d741c819.PNG

     

    UAL No Strategy -1.0R

    Would Have Made 2:1? NO

    Not one of my setups.

    UAL.2 BOUp@Level +0.36R

    Would Have Made 2:1? NO

    BAD TRADE. Not one of my setups.

    7-17ual.thumb.PNG.01f3e0d5655ec08967633583a43464a3.PNG

    7-17ualstudy.thumb.PNG.d77df6f339529be95d735c8e30df58ed.PNG

     

    A very bad way to end the week. I have a lot to work on this coming up week. My main focus is gong to be letting stock go to 2:1 before first partial. Also get back to just trading Orbs, I started trading other setups this week and some NO STRATEGY at all. 

     

    • Like 1

  14. 7 hours ago, leilij said:

    - My R is $10 and since I don't have the confidence to get in trades quick I tend to have a wide stop. So the most I get out of a trade is 2R 

    If your stop is too wide, then your R:R probably isn't reasonable. Your R:R is one of the most important things that determine if it is a trade you should take or not. I still make this mistake quite often, I can clearly see it during my journaling and review, but in the moment, I mess it up sometimes.

    - My daily max profit has been 2.5R compared to my SIM trades which were average of 5R.

    This could be due to the later entries in LIVE, or partialing sooner in LIVE. I just returned to live this month, my winning days are usually 1.5R-2.5R, but I only trade the first 30 minutes every day

    - I would get FOMO seeing everyone in chatroom hitting their daily goal in the first 10 minutes and I would be down R. (I know it's stupid but I am confessing here!)

    I had to mute chat before the open, it has really helped. I usually turn it back on after the first 5-7 minutes.

     

     

    A few more things I can tell you I have done, they may help you also. I'm with CMEG, so they have automatic daily stop losses. I started at $100, then went to $60, and am now at $30 per day. I also use $10 stop loss per trade.

    I also watch this 5 minutes before the open.

     

    I was Live for a few months and slowly drained my entire account, I went back to SIM on June 4th with a different attitude, I made it clear to myself that I didn't know how long it would take to become consistent. Maybe it will take 5 months, Maybe 5 years. It helped my psychology. I had a great JUNE, so I went back live in July. I tracked and treated SIM just like a live account, journaling tracking setups and outcomes. Focused on making good trades instead of profits.

    Watch all of the mastermind classes in the psychology center.

    The number one thing that helped me improve was becoming much more self aware during trading. Another big help was only trading a few setups. Orbs, double tops/bottoms, and lightning bolts.

     

     

    How many different setups are you trading now?

     

    Here is my improvements with the changes I described above.

    1823994067_ScreenShot2020-07-16at8_38_15PM.thumb.png.aee5c17517bd7a527f16f4bc54e9c700.png

     

    We all have hulk days and get discouraged, it's a grind, just keep reviewing and looking for things you could have done better. The more market time you have, the more the patterns that work for you will start to show themselves better.

     

    Hope my rambling post helps some.


  15. Thursday LIVE

    +2.0R

    6/8

    How many trades Made 2:1? 6/8

     

    NCLH Rising Devil -0.41R

    Would Have Made 2:1? Yes

    Rising Devil isn't really one of my setups, but it is similar to a 1MinOrbDown.

    NCLH.2 1MinOrbDown +0.35R

    Would Have Made 2:1? Yes

    NCLH.3 5MinOrbDown +0.45R

    Would Have Made 2:1? NO

     

    7-16nclh.thumb.PNG.a27d7e4eb5f3f454cb9282e8b5f6a96b.PNG

     

    7-16nclhstudy.thumb.PNG.9b73a9af410c5fe206d443e38f57d023.PNG

    7-16nclhstudy.2.thumb.PNG.73c72094109dba914b92bdc74fb2a0cc.PNG

    7-16nclhstudy.3.thumb.PNG.8c736bc7b36be0aa72631dbf0cb7d351.PNG

    TWTR 5MinOrbUp +0.02R

    Would Have Made 2:1? YES

    I didn't like the way it failed to get back to previous high, so I exited.

    7-16twtr.thumb.PNG.1108fcb79e8fa5618db9429f0ceb7884.PNG

    7-16twtrstudy.thumb.PNG.793d16a6391d86dcbf089efde974f440.PNG

     

    JNJ 5MinOrbDown +1.4R

    Would Have Made 2:1? YES

    Good 5MinOrb

    7-16jnj.thumb.PNG.94fa33ae86384346206aa2e1459dec2f.PNG

    7-16jnjstudy.thumb.PNG.7443e70e775b1e5fd301fc3330c7638c.PNG

     

    DELL 5MinOrbUp -0.01R

    Would Have Made 2:1? YES

    Didn't feel good about the stock moving sideways, exited near BE.

    7-16dell.thumb.PNG.9e498aa24289151f1feee6b168d8b852.PNG

    7-16dellstudy.thumb.PNG.d36877bf3b8942efc53eadf409df9588.PNG

     

    ROKU 5MinOrbUp +0.05R

    Would Have Made 2:1? NO

    Bad psychology again, exited early.

    7-16roku.thumb.PNG.d7d0e13e5e857e43c19662a1babdad49.PNG

    7-16rokustudy.thumb.PNG.1ab013dac3012f7f43c11c013361d159.PNG

     

    MSFT BO Down at a Level +0.19R

    Would Have Made 2:1? YES

     

    7-16msft.thumb.PNG.865f2e46949a6037cc08885ae523466e.PNG

    7-16msftstudy.thumb.PNG.478d10cdc6301288a53763963563a17a.PNG

     

    Very unsure of myself today, probably because I had two max loss days in a row. If tomorrow continues to show me that my trades make 2:1 on a regular basis, I am going to change my partialing plan for next week.

    • Like 1

  16. Wednesday LIVE

    -3.0R Max Loss

    How Many Trades Made 2:1? 3/8

    MSFT 1MinOrbDown -0.73R

    Would Have Made 2:1?NO

    This trade was decent, just didn't work out. 

    7-15msft.thumb.PNG.84fdd67cafd4f7e708c02782606256c0.PNG

     

    DAL 5MinOrbUp -1.0R

    Would Have Made 2:1?NO

    This entry was late, I belive I was waiting to clear the MAs and that daily before entering, I figured if it cleared those, it had a good chance to run.....The problem is, waiting to clear those gave me a terrible R:R. I should have seen that.

    7-15dal.thumb.PNG.89b99bfe5a1eafd0aca7e60c849efcb4.PNG

     

    GS.1 5MinOrbDown +0.44R

    Would Have Reached 2:1? YES

    Great 5 MinOrb setup.

    GS.2 B.O.Down at a Level +0.23R

    Would Have Reached 2:1? NO

    This trade is not a current setup

    GS.3 B.O. Down at a Level +0.27R

    Would Have Reached 2:1? NO

    Again, not my current setup

     

    7-15gs.thumb.PNG.306dec0cc0c838a54ab4943f182d0e83.PNG

    GSSTUDY.thumb.PNG.91dbcef30049b12cc8c347f338e1c531.PNG

    GSSTUDY.2.thumb.PNG.b05b54ae29551ce696d2ecd5ce5eb490.PNG

    GSSTUDY.3.thumb.PNG.1b86fda3c76426eaff581189e67da094.PNG

     

    JPM 5MinOrbDown, (Kind Of) +0.39

    Would Have Made 2:1? YES

    I wanted to enter at the break of that first 5MinCandle wick, but again, I had a MA and daily level I wanted to see the price break, it did.

     

    7-15JPM.thumb.PNG.f39b25dda85edf6f19efa2b0bfb770f5.PNG

    jpmstudy.thumb.PNG.546b613ad8322186c53963f06ef3965b.PNG

     

    MRNA DoubleBottom +0.27

    Would Have Reached 2:1? YES

    This could have been a nice trade, but I got cold feet and took a quick partial.

    7-15mrna.thumb.PNG.3c06545ccea88a0f135f02408c69e5ac.PNG

    mrnastudy.thumb.PNG.b766e1f765dd37c26e18e587d27e5a19.PNG

     

    Went to work after the MRNA trade, then did the following phone trade.

     

    ROKU No Strategy -2.1R

    Would Have Made 2:1? NO

    Dumb.......I'm deleting the DaS app from my Phone, I could have saved 2R's. My phone chart looks nothing like my regular charts. This won't happen again.

    7-15roku.thumb.PNG.771e682b6df465548a7d73c5caa39f4c.PNG

     

     

    I did a good job today waiting after my 1MinOrb got stopped out. I made a rule yesterday about 2 stop outs, I had to wait for 5 Minutes, well I only had one stop out and told myself to wait.  

     

    I am going to regroup and get back at it tomorrow, tonight I'm going to do some reviews of my 1MinOrbs and see if I am doing something different or if the market has just changed a bit. If it's the market, I might decide to wait 5 Min before entering tomorrow..


  17. Tuesday LIVE

    -3.3R 

    0/3 Max Loss

    How Many Trades Made 2:1? 0/3

    NVDA 1MinOrbDown -1.1R

    Would have hit 2:1? NO

    Entered short after pushed below VPOC and PCL. The only thing that maybe should have given me pause was the long bottom wick before the open, then the 1st candle also had a bottom wick. I also may have let my pre-market bias affect this trade, I was hoping for tech sell off, and NVDA to lose 400 and drop fast after that. 

    7-14nvda.thumb.PNG.26862247eaac48315bde15196a7bb68a.PNG

    WFC 1MinOrbDown -1.0R

    Would have hit 2:1? NO

    This was a trade I should have stayed away from, terrible looking first candle. Again, I let my pre-market bias affect me.

    7-14WFC.thumb.PNG.462246e830643653274944e6f09f8858.PNG

     

    SQ 1MinOrbUp -1.2

    Would Have Hit 2:1? NO

    My mistake on this trade was not waiting for re-test of VWAP after it passed through. Since I had already been stopped out twice, I was afraid of missing this move, even though I could hear Peter in my head saying "Never enter right after passing VWAP, it almost always re-tests before continuing"

    7-14sq.thumb.PNG.a02481c2baa37e38a56720174a69a2d6.PNG

     

    This was a quick and bad trading day, but I see what I did wrong, and I also used this day to make a new rule. If I stop out on two 1MinOrb trades, I will not trade again until after the first 5 Min candle is finished, I told myself this today, but did not listen to myself.

    I also caught myself adding up potential profits in the pre market, I was thinking 10 shares of SQ, if it dumps $20, that's $200. This type of thinking will lead to failure. DO NOT FALL BACK INTO PROFITS OVER PROCESS.


  18. Monday LIVE

    +1.0 R

    2/2

    How Many Trades Made 2:1? 2/2

    MU 1MinOrbUp +0.14 R

    Would Have Hit 2:1? YES

    Partialed too soon, the SPY started to drop quickly, so I wanted to get out of this trade with a small profit.

    I am going to start tracking if my trades would have hit 2:1, that is what the pic with purple dash lines is.

     

    7-13mu.thumb.PNG.0a9b3b0ef51a288af86b07f1c40c7216.PNG

     

    7-12mustudy.thumb.PNG.e6e21d715564ea9fa51c8ac63dfbed6e.PNG

     

    WYNN 5MinOrbDown +0.9R

    Would Have Hit 2:1? Yes

    First partial too soon on this one as well.

    7-13wynn.thumb.PNG.25afe426bc08101f8db85a34603a1ab0.PNG

    7-12wynnstudy.thumb.PNG.044c37c7b4bf7606a1eebbdefb6eec8f.PNG

     

     

    This pic of AMD is a trade I called in chat but did not take, like I have talked about in prior posts, my self awareness is really improving. even though this looked like a great pullback to VWAP, with good R:R, I passed on this trade because it's not one of my current setups I am taking right now. I have committed to taking 3 setups, I am excited that I am able to stick to this plan. I am actually only trading one of the three right now, ORBs, I haven't really traded any lightning bolts or Doubletop/bottoms because I am only trading the first 30 minutes.

     

    notrade7-12amd.thumb.PNG.2b447483e9e87e9262ed7ebfd4c2e243.PNG

     

    Hopefully DaS doesn't have data issues like this morning, that kind of threw my watchlist build out the window. Earnings season is also here, with a few banks that I trade reporting. Should be exciting.

     

    • Like 1

  19. Friday LIVE

    +1.9 R

    4/5

    UAL 1MinOrbUp +0.4R

     

    7-10UAL.thumb.PNG.e10a8ca69f2bcd7034ea4d2b86619345.PNG

     

    JPM 5MinOrbUp +1.6R

    Good Trade

    7-10jpm.thumb.PNG.14cb4cd28c8d11fcb476eeb6b03e7f01.PNG

    BYND.1 5MinOrbDown -0.8R

    entered too early

    BYND.2 5MinOrbDown +0.34

    Good trade, but entered late, I was nervous because of the prior stop out.

    7-10bynd.thumb.PNG.adbec627ee7add620d01db04a596b4c0.PNG

    GILD 5MinOrbDown +0.33R

    ok trade, it looked like it wanted to dump hard, but it didn't

    7-10gild.thumb.PNG.d384effa753903437317fb351e51e0a1.PNG

     

    This week I had a great win % of 89.5 (17-2) but most of those positive trades were less than 0.5R. I think I'm taking my first partial too soon. I need to take a couple hours this evening to look back at how the trades would have went if I had partialed at a 1:1 which is my plan, but sometimes I don't even wait for that, and also what would have happened if I partialed at 2:1. I know my win rate would be less, but my R's may very well have doubled. IDK. I also have to consider my psychology, I still need to keep my confidence up, so maybe at this stage in my learning I need to keep the nice win rate. Any thoughts on this BBTFamily?

     

    This Week

    5/5 green days

    +8.378R


  20. Another option is to watch the recording, then email the moderator any of your questions. I'm sure they would be more than happy to respond that way. I understand it's not the same as being live, but many times we don't get follow up questions during live either, they move on to the next question after answering the one we asked.


  21. Thursday LIVE

    +1.9R        5/6

    ok trades today, I had an old habit creep in, partialing too soon. I did it 3 different times today, all would have been nice winners instead of very small winners.

     

    ROKU.1 1MinOrbUp +0.43R

    ROKU.2 5MinOrbUp  +0.09

    7-9roku.thumb.PNG.7e5d336c94fccd0800315ab40291e20a.PNG

    These are the ROKU trades with "R" lines drawn, I'm going to consider waiting for 2:1 instead of 1:1 .

    ROKU.1

    7-9ROKUreward.thumb.PNG.a07f2090bc20d00b1bd1cb35b0cbb229.PNG

    ROKU.2

    7-9ROKUreward.2.thumb.PNG.8dfc980125728d70eac82ac2578fb407.PNG

     

    WBA 1MinOrbDown -0.97R

    This was a bad trade, I chased the entry.

    7-9wba.thumb.PNG.ad71a344f59440b167717036628af16b.PNG

     

    FSLY 5MinOrbUp +0.23

     

    Great trade, except for partialing too soon. See below

    7-9fsly.thumb.PNG.8f14a61617b12cda7d01e531207abe4e.PNG

    Could have been a nice trade with 2:1, or even if I had waited for 1:1 it would have worked great. looks like my first partial was around 0.6.

    7-9FSLYreward.thumb.PNG.81dfab4bd4e4107f9682b5f07cdcfdaa.PNG

    JD 5MinOrbDown +0.3R

    JD.2 5MinOrbDown +1.8R

    First trade was too far from VWAP, second trade was good.

    7-9jd.thumb.PNG.0eb5d042ad1c34693a861ff6d465da35.PNG

     

    I need to be more patient with partials, tomorrow I will try to draw the "R" lines during the trade. It's difficult on 1MinOrbs because things are happening so fast.

     

    • Like 1
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