MarkCB

Thank you very much!!!

Hey Everyone, I've been trying to configure my montage so I can highlight lots as Thor explains in his webinar. However, I can't seem to find how to highlight it on the level 2 config. Also, mine looks like this. Thor's config screen looks totally different I am on the latest version of DAStrader Pro. Thanks for the help.

Good morning All Traded 2 stocks today: UAL, CCL UAL 5 min ORB. Used the previous candle close for stop loss. Once I made profit, I moved my hard stop and was eventually stopped. Not the greatest trade I think, but I am practicing my stop loss. CCL First I took the 5 min ORB. Didn't have time to put hard stop as it went up right away. Took profits and once 9 MA went above entry, I put my stop loss there. I then thought it was going to make an ABCD pattern but it didn't and I was stopped out below the 9 MA. I then noticed lower lows, lower highs. I also noticed the 9 & 20 MA were about to cross on the downside. Figure I'd take it short to the VWAP. Went past the VWAP and rode it all the way down. (I was getting confused on putting in a hard stop when going short so I was fiddling with that, as I wanted to get into UBER). However, I had a mental stop loss every time it went below a resistance level. Eventually figured it out and put hard stop above the 9 MA. Made my target and that's that. Thanks all and have a wonderful Monday!

Hello all Took a couple trades today: AMD, PTON, NIO AMD Tried a 2 min ORB but was stopped out as I had such a tight stop loss. Attempted a 5 min ORB and was watching something else and missed my stop loss. At this time I remembered that I do much better with stop orders. Which I used moving forward. 2 A little later in the morning, I noticed that AMD had bounced of the low of the day, which I missed so I looked for the next opportunity. I then noticed the 9 and 20 crossing, no resistance levels above the VWAP. I told myself, that if the stock goes above the VWAP, that I would take it long. As soon as that happened, I took it long with stop loss just below the VWAP. Rode the stock up with moving my stop orders as the stock rose. Once I was happy with stopping out just below the 9 MA on the 1 min chart, I put my stop loss there. Not sure why I went with the 1 min chart, I should've used the 2 min chart's 9 MA. PTON Was having FOMO with PTON but kept my cool and waited for an opportunity. Saw an ABCD pattern forming and took it. However I got out prematurely, as I was in the red at the time and this would put me to break even; bad thinking. I know I said that I like to use the 2 min chart's 9 MA as a stop loss, but only if its profitable. If not, I like to use the 1 min chart's 9 MA. Therefore, for this stock I did have the 9 MA as a stop order but got nervous and took the remaining stock when I saw it slightly dip. NIO 5 min ORB. Stop loss below that 50 MA on 1 min. Scaled up and took profits. I cant remember why I got out. Either to make profit or hitting stop loss as that buy arrow on the red candle is screwing me up. I think I had a stop order left in there after pulling all my shares and panicked as I wasn't sure what had happened at the time Overall, it is a green day and a wonderful way to end the week! What really helped was reading my journaling yesterday and reminding myself on what worked best for me. Have a wonderful weekend and any feedback is greatly appreciated!

I am finally back. This was supposed to be a 2 month pause but ended up being way more than that. Traded in sim. Good that at I did, as I forgot how to use my hot keys and almost had no idea what I was doing. I'll just have to get back into the groove.

I'm a nurse

Almost forgot to journal again. I forgot too yesterday. It was a roller coaster yesterday. I was down, then up, then down, then up and then down at the end. I knew were I screwed up. Especially at the end. I thought I was looking at a 2 min chart but in fact, I was looking at a 5 min chart. Ah well. Today was much better. Took 2 trades UAA, MU UAA Rising devil trade. Did get a little nervous as it wasn't going down as fast as I was hoping but made 1%. MU Saw MU perform a engulfing pattern on the 1 min chart and it went over the VWAP. The previous candle was also a hammer doji. The 2 min chart showed a hammer doji above the VWAP and the candle that was forming was also a hammer doji above the VWAP. So I went long. Got stopped out at my moving stop loss. Made 2% total today. Pretty happy. I could have made more with FB as I saw all the signs but was afraid of over trading. But it was such a perfect set up that I should have just taken it. Whatever, no FOMO allowed. I am at a point where I am debating on going live. However, my job is asking me to do 8am - 4pm shifts for 2 months. I am probably going to stay in sim and do live trading when I get back. We''ll see. See you all Friday morning as I'm back on 2 day shifts starting tomorrow! Thanks!

Good morning! Another one and done for my Friday. Wasn't planning on trading but I came home at 845 from work. Figured I'd try a little. Told myself that I would only trade 5 min ORB this AM. If I didn't see anything I'll just go to sleep. Took one trade GILD GILD 5 min ORB at the VWAP. It couldn't be any better. Watched it come down a little, formed its wick, went towards the previous candle close and I took it long. Waited to partial out this time and was stopped out at my moving stop loss below the 9 MA on the 2 min chart. Made 1.5% and I am good. Plus I need to sleep However, I do wish that I had flipped my position after being stopped out. I did see the candle going below the VWAP and it was almost an engulfing pattern. I also watched the next candle open and make wick and come back down. I should have taken it short then. Ah well, shoulda, woulda, coulda. I'll be on the look out for those from now on as well. Thank you everyone and have a wonderful weekend!

Good morning! Finally able to trade this week as I was at my other job. Took trades today TWTR and TVIX TWTR 5 min ORB. Lost all its juice by now. Started to partial out but got stopped out just a little above my BE. I did have a hard stop order and forgot to change it after I started to partial out. Therefore, it automatically went short a couple shares. No big deal. Rode it short for a bit and then stopped out. Didn't loose anything so it's still a win in my books. TVIX 5 min ORB. Started to partial out way too early as I was a little distracted by TWTR. Oh well. Road it up until it started to pull back. I didn't like what I saw and pulled all my shares before it even hit my moving stop. I hit my daily goal and that's it for me today. I'm going in for nights tonight so I may not trade tomorrow, depends how the shift goes. Going to hang out with my family and then take a nap before night shift. Thank you for all for looking, especially to Mike B and Rob C for the constant feedback and support!

Goodmorning! Good end to the week and I'm actually up! Took one trade today WWE WWE 5 min ORB, took it long and the rest was history. Hit my goal and some more for today! Was going to trade some more for practice but my favourite set ups weren't popping up so I will call it a day. Have a wonderful weekend and thank you for all the support!

Came off a night shift yesterday and tried trading but I wasn't my self. I wasn't patient and didn't really care for any of the moves. Probably won't trade after a night shift. Anyway, today was good. Traded 2 stocks: AMD, FB AMD 5 min ORB, took it long and was stopped out at the BE. Tried to take it long again as I thought it was a pull back but I was stopped out. I did make a mistake and didn't change my original stop loss order and ended going short a couple shares. Got out once a realized....3 min later FB 5 min ORB. Took it long. I didn't like what I was seeing on the 1 min chart so I got out before the BE. Glad I did. Then I took it long again after I noticed that the 9, 20 and 50 MAs all crossed over a little earlier. Noticed the stock was consolidating and once I saw it pop up I went long until I got stopped out at my moving stop loss just below the 9 MA on the 2 min chart. Have a good day everyone and thanks for looking!

Good morning Good day today. Took 2 trades: INTC and LK INTC 5 min ORB but I should have known that it was not a good idea as it was really wicki. Ah well LK 5 min ORB. Took it long and rode it all the way up until I was stopped out at my moving stop loss. Good day and I did see a lot of 9,20 and 50 MA crossing. I just watched it happen as I had already hit my 1% target for the day. Again, more confirmation of findings, which also feels pretty good. Thanks and have a good day!

Good morning. Decent day today. Took a bunch of trades: AMD, PCG, INTC, ADPT AMD 5 min ORB. The 1 min charts shows a hammer doji and then a doji above the VWAP. Went long on the 5 min ORB but it didn't work out my way. Good trade management so I'm happy. PCG LOL Andrew was cursing at this stock and I felt the frustration as well. If only I kept a cool head, there would have been a great entry right after I was stopped out with 2 hammer dojis forming. I got into the 5 min ORB a little early but when looking at the 1 min chart, there was definitely an opportunity go long when those 2 hammer dojies formed. I then saw the 9, 20 and 50 MA crossing for a long position. I definitely could have had a bigger stop loss, but I am not sure what I was thinking. Should've, would've, could've. INTC Saw an ABCD pattern and took it long and was stopped out when the stock started to turn over. I noticed the 9, 20, and 50 crossing in a downward trend. However, as per my rule, I did not take it short as it was really close to the VWAP. It would most likely bounce back from it. I went long and hit the wrong hot key and got it by accident. I went long again and after some consolidation it did jump up. I was stopped out again as it hit my stop loss. But I did immediately go long again as I saw the 9, 20 and 50 MA cross in an upward trend. Stayed with it until I got stopped out. ADPT This stock was consolidating for quite some time but the 9, 20 and 50 were about to cross. Took it short as I was far enough from VWAP for it to bounce off. I did see the 50 on the 2 min chart and the 100 on the 1 min chart coming in but also far enough to make a decent profit. One thing I regret is not taking enough profit when it did hit 3R or even 4R. Ah well. You live and you learn. Again, learned a couple things and also confirmed some of my findings when it comes to the MAs crossing. Thank you and have a wonderful weekend!

Totally forgot to journal yesterday as I had to leave again after trading. ROKU chopped me up yesterday. I did have some good trades but ROKU was brutal to me. I didn't watch the spread of the stock and I was too far stretched from any MA. This morning I made sure to watch the spread on the stocks and be patient when to take a position. Today, was good overall. Only trade one stock today - LK LK Used Aiman's strategy on ABCD patterns. I was a little early on one of the entries. On the second try, I had a good entry but my stop loss was too tight. I didn't change it from my previous attempt. If I had allowed the 2nd attempt a little more room for the stop loss it would have been perfect. Ah well. I knew it was going to go long so I took it long again and it paid off. Not sure what I was doing afterwards but I did miss some of my favourite set ups. I think I was in the chat. A bunch of 9, 20 and 50 MAs crossing did exactly what they were supposed to do. I took a bunch of screenshots and I am thinking to make a separate thread on specifically that. I'll have to get more examples and data before I make such a post. Thanks for looking and have a wonderful day! So I didn't hit my 1% target for the day. So I decided to trade some more. It was good at first and I actually hit my target. But of course I had to trade some more. And now I'm down to .01%....... BYND Noticed a double top and saw the 9 and 20 crossing on a downward trend. Wanted to go short but was hesitant as due to that 100 MA. But once it dropped below both the 100 and 50 MA I took it short and hit my target for the day. I then noticed the the 50 crossing the 9 and 20 on the 2 min chart and decided to take it short. However, I didn't notice how close I was to VWAP and I got stopped out. LK Now I am a little annoyed as I lost more than what I gained on BYND. Was looking for another set and found LK. Watched the 50 cross on an upward 9 and 20 MA crossing. Went long - too early. The 50 touched the 20 but the candle was still forming. It went the other way. Now I'm annoyed, impatient and long bias. Lost most of it... Perfect example of why not to over trade. I just need a week of an overall gain. Have not have had one of those....ahh

Hello Everyone Was meaning to post earlier but was pretty busy after some trading today. UBER, JD, LK JD Waited for a 5 min . Took it long and road it all the way up until I got stopped out once it went below the 9 MA on the 2 min chart. Roku also had a nice 5 min ORB (better movement) but unfortunately I was looking at JD at the time. UBER Tried trading UBER as a 2 min ORB but didn't go so well. But I had a really tight stop loss so my risk management was good. I then saw my new favourite set up on the 1 min chart and I took it long. I could have gone long soon when the 9 and 20 crossed over but I was waiting for the 50 to cross the 20 MA (one of my rules) for even better confirmation. LK I learned something important about the MA cross over with LK today. Even though, the MAs cross, it didn't go my way. After this happened I watched a couple other stocks with the same pattern and it seems to be the same. Even though the candle is forming below/above the VWAP it does not mean it will go short/long. It seems as if the MA's are close to and are either above or below the VWAP, it will bounce off the VWAP. Now, if we a really stretched from the VWAP, this is not a concern as it has a while to go to the VWAP and bounce off or continue. Good day. Will not trade in the first 5 min tomorrow. Will wait for a 5 min ORB, look for ABCD patterns and will look for MA's crossing. Thanks for the support and feedback!

Bunch of trades today. Not good P&L but good learning. BYND, ROKU, TGT, AAPL BYND Tried 2 min ORB, didn't work. Tried 5 min ORB, didn't work. Tried something else, didn't work. And something else, didn't work. Clearly emotional trading took over and I paid the price. This pretty much reiterates to stay away from trading at the open. But I know my mistakes. Too stretched from VWAP. The spread was too high. I got emotional. Later in the day it was much better. My favourite set ups started to show up. On the 1 min chart I saw the 9, 20 and 50 MA crossing. Took it long a little to early and was stopped out. But went long again. Made myself a rule to not go long/short until the 50 hits the 20 MA on either 1 or 2 min chart. I then saw an ABDC pattern that formed. As per Aimen, I waited for another ABCD pattern with a higher D. I took it long. I also saw the 50 MA com swooping in to cross the 9 and 20 MA and it just gave me more confirmation. Took it long and was eventually stopped out when the stock went below the VWAP. Then even later, I saw the MA's crossing again and went short this time. AAPL Saw the MA's crossing. But what I have observed here is that since I was so close to the VWAP, it was wasn't as aggresive. I also didn't move my stop loss at the time and didn't input the right amount of shares. ROKU Using Aiman's ABCD strategy. Saw another ABCD being formed with a higher C/D. Went long and was eventually stopped out. TGT Favourite set up popped up again. On the 1 min chart I saw the MA's crossing. Was going to take it short but miss it as my beautiful wife was talking to me, bless her heart. After a bit of cursing, I calmed down as I waited for the 2 min chart to do the same. I went short a little to soon and was stopped out. Again, after reviewing all these trades, I have decided to not make a move until the 50 MA crosses the 20 MA. Scaled out but unfortunately I had hit the wrong hot key at the end, taking out all my shares. This one I am posting as I am reminding myself that the stock does not always follow the rules. All MAs crossed over but not much happened. Good day learning. Will definitely study these MAs crossing a little more. I will also fight the urge to trade at the open and wait until I see A1 set ups. NO FOMO allowed. Won't trade tomorrow as I am back to work but will try out that reply mode when I get home. Thanks and have a wonderful day.

Took a bunch of trades today (Jan. 14) . I was also exhausted as I came off of a night shift. I finally went to bed after trading and wasn't able to post until now. ROKU, BYND, AAPL, WFC ROKU Waited for 2 min ORB. However, before the candle took off, i was stopped out. I actually manually stopped myself out. On the 1 min chart, you can see it went below the VWAP and the 9 MA. Unfortunately I didn't wait for the next candle for confirmation to take the 2 min ORB. ROKU then pretty much chopped me up. 2 min chart it bounced of the low of the day so I thought to take it long. I was going to used the previous candle's high on the 1 min chart as my stop loss. There was not much confirmation besides the bounce. The 5 min chart did show a engulfing pattern, but for one, I didn't/don't have the patience to let it ride out and two, I was too stretched from the stop loss of that 100 MA. Then I tried to take it long again as I saw a hammer doji form but again, it was not a good stop loss (using the previous candles high) and was stopped out. I eventually went long again once it crossed the 9 MA but it was not a good trade and stopped out again. I then trade ROKU one last time. This was my 2nd last trade right before my BYND trade. At this point I went from Green to red, close to 3% loss. This trade took me pretty much back to break even. Saw that the 9 and 20 crossed on the 1 min chart with the 50 MA about to cross them both. It started to cross on the 1 but as I saw it was going to cross on the 2 min chart, I went long. I used the 100 MA on the 1 min chart as a stop loss as I was too stretched from the 9 MA on the 2 min chart. I started to use limit orders to profit take and it works well for me. I also, move my stop loss as the 9 MA starts to go above my entry on the 2 min chart. Once thing I wish I did differently was that I did not put a limit order when I was on my last set of shares. I could have taken my shares all the way to over 135. I did immediately use this lesson on my last trade with BYND. WFC Saw WFC bounce off of the low of the day. Decided to take it long for a VWAP reversal. I was late on the entry, I should have gone long as the new candle went above the previous candle high on the 1 min chart. I went long and used the previous candle high as my stop loss. I was eventually stopped out at the VWAP. AAPL On the 1 min chart you see that I went long. For some reason I thought it was a pull back, but now that I am looking t it, it definitely showed no sign for a pull back to the VWAP but rather a extreme reversal. But as soon as the stock went below the VWAP I covered my long position and then immediately went short for the ride down. Not sure why I pull all my shares on that bullish candle ( i think it was a hot key mistake as I tried to put my stop loss at that previous bearish candle's high. However, in this case, it worked out well. Now that I am looking at it, it was one of my favourite set ups, the 9, 20 and 50 MA crossing over. BYND I missed the 2 min ORB as I was busy with ROKU. Not sure what happened with the attempt at the 5 min ORB but I didn't take it. I saw a pull back and went long on the 1 min chart. Not my proudest trade as I hate using the 9 MA on the 1 min as a stop loss. I usually like to use the 9 MA on the 2 min chart but I was too stretched. I was eventually stopped out. I think this was actually my 2nd trade before ROKU chopped me up and I was up at this point. I then traded BYND again, much later in the day. I actually really like these types of trades. When the 9 and 20 MA cross then the 50 MA right below them. It's even better when it happens of both the 1 and 2 min chart. Took it long but since the spread was so tight I was stopped out. I tried again, made some money and stopped out. It was consolidating for a bit as BYND already bounced back up for a couple minutes. I just wanted more confirmation for a VWAP reversal and I was waiting for the moving averages crossing. I went long again and the stock finally took off. This trade after going red in my earlier trades of the day pretty much brought me to just a little over my daily goal. I should have pulled out sooner once it started making lower highs/lows but I stuck to my plan as it could have possible used that 9 MA as a pull back. This was my last trade. After some of this journaling, I see that I do much better on trades during the later times. I am still going to start at the open but will definitely be a lot more cautious (or even just watch) as I don't always want to go red before going green. Even last week, when I wasn't journaling I found much success in the later hours. I also found that I really enjoy the trades when the 9, 20 and 50 MA cross over. It done me well for these trades and last week as well. I also got Twitter today!! lol. Just so I can post my trades and get some discussion going with Andrew and the rest of the moderators. Going red today was no fun at all. Especially when I was up and already at my daily goal. But I wanted more practice. Still, did not feel good. I just had to get my head back in the game and be patient. Once I did that, I was able to recover and then some! Overall, good day, lots of learning. I will see everyone Wednesday morning! Thanks!!

Good morning I have been really slacking on journaling, especially on my red days. Did a couple trades today. LK, ROKU, BYND, AAPL LK Was looking at LK for a 5 min ORB. Waited for the pullback to the VWAP before going long. Unfortunately it went the other way. Not sure why I had my stop loss so stretched. AAPL Saw an ABCD pattern forming. Went long but was eventually stopped out at the BE. I didn't like the 2 min ORB on AAPL due to the massive wick. BYND Tried to take it long at the 2 min ORB. Took some profits but forgot to change my stop loss. When it hit my stop loss, it automatically shorted some stocks. I guess it worked well as I was able to short it for a bit. Went long on the pullback. Unfortunately, I was trying to put in a stop loss but I hit the wrong hot key and pulled all my shares. ROKU ROKU hit its low for the day. I know it usually does a VWAP reversal. I should have waited for another signal before going long the first time. I was stopped out. I tried to take some profits when the next candle popped up but it immediately dipped as I hit my hot key. My stop loss order then had less shares and the stock went short with a couple shares. I pulled out as soon as I noticed but immediately went long as I noticed that the VWAP reversal was in progress. The min chart had a hammer doji and the next candle formed above it. Went long but I got a little nervous and had really tight stop loss when it got above the VWAP. Ah well. Good day today. Now to go eat and then nap for my night shift tonight. Will see you all tomorrow morning after my shift

It's been a while since I last posted. With Christmas and New years, I tried trading but it was a busy time. I did trade but as soon as I was done, I had to head out and wasn't able to journal. Had ups and downs, mostly downs. The downs have pretty much repeated today. Took a couple trades today. MU, TSLA, APPL MU Took it long at the 2 min ORB. Real bad entry. (figured the spread isn't too bad, wrong thinking) I didn't even wait for it to go back to the VWAP. Then I took it long again, thinking a pull back to the 9 MA on the 1 min chart. Looking at it now, both entries were crap and too stretched. I have learned the 9 MA on the 1 min is not a reliable resistance. The 20 is much better. But I was so close to VWAP and should get closer to that for my entry...Patience is key, this also seems to be my biggest problem. TSLA I was a lot more patient with TSLA - knowing how fast it can move. On the 2 min ORB, I waited till it hit the VWAP and took it long. I am debating if I should be stopping out sooner and not wait for the BE. But when I do pull out sooner, it bites me in the ass and it ends up going higher... I took it long again after the 5 min ORB. I didn't like my entry as I was too stretched from VWAP. Made some profit but did not wait for the BE. I then noticed (on 1 min chart) that the stock hit its low of the day and bounced off. It's usually a good sign that it will now reverse. On the 5 min chart I noticed the 100 MA and thought it was a great resistance. I used that as my stop loss, as the low of the day was too stretched. Unfortunately, It just went below the MA, 2 minutes before it decided to go up. And that has been an issue of mine, I get stopped out before the move happens. Happened pretty often in the last 2 weeks. I guess I should take a smaller share size. But man, is it ever frustrating, knowing you read all the signs properly, but it just wants to screw you over, just before it does what it's supposed to do. TSLA ended up going way past the VWAP..... AAPL Bad entry. Looked at the 1 min chart, thought it was a pull back. But it was too stretched from all the MA from both the 1 and 2 min chart. When would I use which MA for a resistance. Sometimes the 9 and 20 MA on the 2 and 1 min chart respectively are good or the VWAP. In this case the VWAP was the right resistance level. Anyways, I was stopped out and then immediately went long as I thought the 20 MA was a great resistance. After about 4 min, the stock just went sideways and I pulled out as my stop loss was at the BE and didn't want to go red. Not a good start to the year. Will learn from these mistakes and move forward - Patience and FOMO are a big issue. Thanks

Hello Everybody Good day day. 5 Trades total: MU, UBER, TSLA, AAPL MU Waited for the 2 min ORB. Didn't jump in right away but waited for a bit of a pull back to VWAP before I went short. TSLA Took TSLA long at the pull back after the 2 min ORB. My risk just didn't allow for that dip below the VWAP and I was stopped out. I was busy with MU and missed out going long after that hammer doji. Ah well. Noticed TSLA heading for the VWAP and thought it would be a good pull back. But my entry was not good as I was too stretched from VWAP. I was eventually stopped out. UBER Noticed that UBER bounce of the low of the day for VWAP reversal. Went long when I saw the previous candle made new higher highs/lows. Waited for a little pull back for a better entry. Went long and was eventually stopped out at the BE. AAPL Went long after the pull back on AAPL. I knew it was a strong stock. all the resistance levels were below and that just gave me confirmation. I was putting in my hard stops but the stock moved so fast I didn't even notice it happened. I guess I was lucky today. My other mistake would be I pulled out all my shares. I guess I could have kept going until it made lower lows/highs. Good day today. Not perfect, but I prefer it this way. I want to make mistakes, so I can learn from them. Again, feedback is greatly appreciated. Have a wonderful day everyone!

Good Morning Everybody Had a weird day today. MU kinda screwed me at first but did well afterwards. However, I started hitting my hot keys by mistake, instead of using the number pad to put in my hard stops...took a bunch of trades to practice different things. A couple things stood out. Am I over trading? Sure, but the goal today was to try to practice more set ups. MU Tried to take the 2 min ORB but clearly had FOMO. I was at my max risk - Unnecessary. I missed the 2 min ORB, I should have just waited for the 5 min ORB. In this case it did nothing. But at around 09:37 there was somewhat an engulfing pattern on the 1 min chart. Then the following candle popped over the VWAP again. I went long on the next candle and road the stock upwards. Something new I am trying is adding to my position on the pull back. I was hoping the 9 MA would have been a good resistance for the pull back. I was wrong and was stopped at the 20 MA. I knew a bounce usually happens at the 20 MA. For the future, I'm thinking of only adding at the 20 MA on the 1 mi chart. I went long right away and started to scale out again. However, as I was putting in hard stops, I was using my hot keys instead of the number pad on the right and bought more shares...twice. Well didn't know that I could ever make a mistake like that but I'm glad I'm still in sim. ROKU Saw ROKU bounce from the low of the day - knowing ROKU, it usually bounced up towards or past the VWAP when that happens. I got in a little late but I used the 20 MA as a stop loss and then the VWAP again. I was stopped out the first time below the BE. The 2nd time I was pretty much at max for my risk. I was stopped out. I mean, I had the right idea, but my risk didn't allow it. AMD Went long on the 5 min ORB. I was a little to early. I should have waited for it to get closer to the VWAP. I would not have been stopped out as I could have used the 20 MA as my stop loss. I did go long again once I saw the candle forming above the VWAP. Not sure if I want to keep practicing with adding to my position. I mean if I already hit my target do I really need to risk more? Or, is there really a difference in getting into a trade during a pull back? I mean technically, the entry/adding is the same thing. Again, feedback is greatly appreciated. Thanks

Good morning Everyone No bueno today...I don't get it. One day, the emotion are in check, the next they are all out of wack. Now as I am typing, I realize I did not do the exercise as per Dr. Brett Steenbarger. Took a couple trades. DBI, CGC, SFIX, MU DBI Put in a limit order thinking that it will be a rising devil trade. It just kept rising. I am a hard stop kind of person. I need to put hard stops if I decide to take rising devil trades in the future. I put limit orders in right before the open and for some reason I decided to increase my share size x2 ?!?! I will not be doing that again. I will stay within my share size and put limit orders in after the open if the stock is favourable. Anyways, as you can see, I held on for way too long. Then I eventually did go long but I was too stretched from VWAP. Even though it was a decent trade afterwards, I am not happy with this at all. This kind of set the mood for the rest of the day...... CGC Here I took a falling angel trade. Got in right above the VWAP. However, I should have stopped out as in dipped way below my stop loss. Again, I did not put a hard stop. This really reiterates the need for hard stops for me. This trade could have gone the exact way as DBI. Held on (because it wasn't real money....)But again, not a good trade at all. I did mention that I took other trades as well. Some good, some bad. I am not posting them as the good ones are the ones I was calm at. But the bad ones, made no sense at all. Pretty much emotionally traded. Broke a bunch of rules today. I need to remind myself to take it one day at a time again - even if I have had positive days. 2 positive days, I got sloppy. - looked at my P&L after that first loss - did not use hard stops - got cocky and was not patient - Will have to look at a new way at entering rising devils and falling angels. Too many times, the stock has gone way past its stop loss before going the right way Feedback is greatly appreciated as always. Sere ya'll Friday as I am back to work for the next 2 days. Have a great day!

Hello Everyone I almost forgot to journal today as I got pulled away after I was done this morning. I took a couple trades today - ROKU, CGC, AMD, MU MU Got a little trigger happy and went long way to soon. I should have waited for the 2 min ORB to see what would happen. On the 1 min chart I entered way too late and right at the 100 MA. Bad move. Didn't let it bother me and moved on. CGC Again, went in a little too early. Should have waited for the 2 min ORB and I would have had an even better entry. At the end I, kept moving my stop loss to the 20 MA on the 2 min chart. However, I noticed lower lows/highs on the 1 min chart and decided to pull all my shares. Technically I should've stayed in and added to my position during the pull back. Instead I went long again on that 2nd pull back after I got out. Used the 9 MA as a stop loss. Scaled out as it hit the new highs of the day and was eventually stopped out. I'm still trying to figure out where to put my stop loss if the stock is above the 9 and 20 MA. I know the 20 MA on the 1 min chart can be used as a resistance and I don't want to miss out...However, I did make sure that I was above my entry for my stop loss. (made that mistake on ROKU, see below) ROKU Saw a nice ABCD pattern on the 2 min chart. Went long, made some profit but I should have pulled out at the BE. Instead I let it go all the way down to the 20 MA on the 1 min chart. Again, I have hard stops and for some reason, I was a couple stocks shorts. Realized a little too late and hit the wrong hot key at first but eventually got out. Ah well. I now watch my open trades as soon as I get stopped out. AMD Noticed the hammer doji on the 2 min chart above the VWAP. The following candle also closed above the vwap and when I saw the next candle go up I decided to go long. And again, I got stopped out but I guess I should've gone out at the BE and not waited till it got closer to the VWAP. I'll have to figure out where I can get more info on when to use the BE or the 20 MA. Not a bad day. Didn't let the bad trades bother me and moved on and turned it into a positive day. I just need to be a little more patient to get better entries. Thanks and see you all in the chat!

Good morning everybody! I had a good day today. I came off a night shift and was debating whether I should jump on this morning. Let's just say I am glad I did. As always, I have the 1 and 2 min charts open during the open and look for a 2 min ORB. If I do not see anything, I switch the 2 min chart to a 5 min chart and then look for a 5 min ORB. I then use my 1 min chart for confirmation. Once I am in a trade, I then switch my 5 min chart back to a 2 min chart. I have also decided to use a hard stop loss but I did move it lower than previously. I have also learned (from listening to Carlos and Brian this morning) that using the 20 MA is a good resistance as the stock usually likes to bounce off that MA. Therefore, if the risk allows it, I have moved my stop loss at or just below the 20 MA on the 1 min chart. Took 2 trades today. MU and AAPL. MU Didn't see anything in the 2 min chart but I did like the 5 min ORB. Took it long with stop loss below VWAP at 47.60. Started to scale out at 2R and then 10% as it climbed. Saw the pull back on the 1 min chart. Was debating on adding but I opted not to. I will definitely try it out next time. Kept scaling out as the stock rose. I was eventually stopped out. But this was definitely the longest I have been in a trade. But the patience definitely shows how rewarding it can be. At the end, you'll see me buying stocks. That was a mistake. I had put my stop loss at 48.18. But when I looked at my open trades, I was short, 4 trades. I am not sure how that happened. When I put my hard stops, I don't touch the number of shares, so I am not sure why it sold more than what I had ordered. AAPL Trade 2 I took while in MU. MU wasn't going crazy and AAPL had a nice 5 min ORB with a nice ABCD pattern on the 1 min chart. I went long with my stop loss below the VWAP at 268.80. I was getting close to my max risk limit but I had just made it. I guess if I waited a little longer I would have been closer to VWAP but oh well. I may have been a little early with scaling out just below 2R. Continued to scale out and was eventually stopped out. On the last AAPL image, You'll see that I was stopped out just below the 9 MA. At this point, I had not yet heard Carlos and Brian suggest to use the 20 MA as a resistance. Learned my lesson and used that information with MU instead. Overall, good day. I did well and I learned a couple things. As always, feedback is greatly appreciated! Have a wonderful weekend!

Goodmorning Everybody Good day. Felt the FOMO but didn't let it bother me today. 3 trades: ARWR, EXPE, ROKU ARWR Rising devil trade. It was a little scary (especially if I wasn't in a simulator). Went short right below the VWAP. Held on and I knew it was going to go down. Held on and scaled out at the first MA. I was eventually stopped out at my BE. I used hard stops and moved my stop loss to the break even and I was eventually stopped out. I see how hard stops can definitely stop me out too early. If stayed in this trade, I would have made much more. But again, it can go the other way. EXPE Definitely had FOMO when I missed the 5 min ORB to go short but I didn't let it bother me and moved on and waited. Eventually it had a beautiful VWAP reversal and bounced off the 100 MA on the 1 min chart 20 MA on the 5 min chart. I am not too experienced with these moves but I'm glad I saw it. However, once it went above the VWAP, I looked at the 2 min and 1 min chart. Both showed higher highs/lows. Went long and with a stop loss just below VWAP. Scaled out a little early but since I am only using 10%, it wasn't too bad. I was eventually stopped out at my hard stop of my BE. Here I am having a bigger issue with using hard stops. The stock showed a lot of strength and I knew this was a pull back. I would never have been stopped out and I could have been in the trade for much longer. It didn't even get close to the VWAP. But this is why I practice. I'll keep this in mind for next time. ROKU Here, ROKU had tested the low of the day a couple times. Both on the 1 and 5 min chart. I had a feeling to go long. I mean I was right, but I shouldn't go on feeling. I stopped out below the low of day at the time but then it actually did what I thought it was going to do. It wasn't a smart trade to get into and I was right by chance. I should never take trades on feelings, but use information that the charts provide to me. Overall good day. Hard stops made me miss out on great opportunities but I've made my daily good. I'll have to review how not to use hard stops in certain situations. Again, any feedback is greatly appreciated. Have a wonderful day!