Daniel Meakin

23/12/19 trading on my laptop as im away so only watched itci was a little tricky to trade but managed to make good money on it. it popped at the open and then pulled back a bit and held then popped again, it went straight to 4-5R but i only took a quarter of my shares off then came to my b/e. i took it short as it looked like it was about to break down but didnt get a partial then out at b/e. As it started selling off the asks were getting bigger and bigger so i took a few stabs as it seemed to be rejecting my levels and so with a tight stop on each one when it eventually popped i took a huge profit on the way up.

20/12/19 traded 3 things today with a little more patience but still not perfect. NKE tried for a breakup due to my bias but thankfullt stopped after that 1... then tried for a reverse ABCD after finding some resistance, i added more when it looked like it was breaking but came back to my start and didnt want to risk giving anything back so got out. then took the same trade again being stupid and so got out straight away. TSLA i took long after a strong 2 min open but flipped my position as the tides turned and got a good move down and a couple partials at a support level, then a descending triangle formed so i added for the break and took quick partials then out at my second add not giving any back. after it made it rejected VWAP i shouldve been thinking its a short but because its TSLA i was looking for a long. again stupid bias, stopped out. NVDA trade of the day. again thanks to the 15 min showing a clear up trend and i was expecting a break. tried to get in once a bit to early and stopped out, but once it rejected the 9 on the 5 and the 50 on the 1 i got in again, tight stop and got a nice big move knocking out all the sellers.

19/12/14 NEED to stop having a long bias for gapped up stocks. got one good partial on my second trade then kept getting stopped out trying to catch a knife. especially since its price showed it just clinging to the 9 on the 5 min which is one of the most common behaviors of price that ive seen. i got one really good trade on it later in the day when i started paying attention to the 15 and saw a giant wedge, got in at the bottom on the candle and rode it to HOD but still wouldve hit max loss by a lot and still ended in the red. lesson of the day: no bias due to gap up/down, and once something looks weak dont trade it until the higher time frames tell you the tides have turned.

18/12/19 only traded FDX today and wouldve had an incredible day if i just respected my stops instead of getting out early 1000 times went short from a weak L2 and a rejection of a key level but stopped out early and then took it shoort again straight after. got a good move down then added to my position at VWAP with stop above the top of the 5 min candle, then stopped out early, got in and out 4 more times for small losses before i got another good move. then hotkey mistake reversed positions and got straight out. took it short 1 more time with a great entry and stopped out early again just before it broke down then i just started being stupid trying to take reversals and all sorts of madness. still ended green just about but feel horrible about the day.

16/12/19 been slacking on my journal while ive been taking so many trades trying to figure out my style and i think i need to start again to force me to be more selective. MU chopped me up horribly in the morning it just wouldnt give me the pop but once it settled down i got in at the MA on the 5, added for a wedge break up then just sold high and added every time it rejected the 9 on the 5 min as long as the L2 still looked good and i made a killing on it about 15 Rs total but lost about 4 R in the first few trades. AMRN was super weak at the open and on L2 so waited for it to bounce off a level and it rejected a daily level and the 200 on the 5 so got a pretty tight stop and rode it down for about 5 Rs

Count me in for this! looking forward to meeting everyone

8/11/19 another amazing day 1 and done. really think ive found my mojo Trade 1: ROKU was the only thing on my watchlist which seemed to have a clear direction in the level 2 so when it went lower, held and started coming up i went long with a really tight stop below where it held, and it popped, got rid of two thirds of my shares in the first pop, didnt stop out then the rest above 122. great 8R trade.

7/11/19 amazing day today, after yesterday i decided to approach it a little differently. basically just looking at the level 2 to see which direction is stronger then using the charts to find a good entry. worked a treat. Trade 1: looked weak on L2, popped up to VWAP then down so took it short tight stop, got a few partials at 2:1 then out at b/e. 0.5 Rs Trade 2: this was a 1m ABCD as soon as it made a new high after a new low and L2 looking very strong. still some left in this position but right now at 3Rs. Trade 3: BIDU looked very strong on L2. good opening 5 min candle, rejected VWAP once then when it rejected a second time i got in long with a tight stop. got one partial, almost out at b/e then it just took off and i partialled like crazy. 4Rs Trade 4: couldnt believe my luck on this, i was done for the day but noticed the punch through VWAP, pullback to the MAs on the 5m, checked L2 and looked really strong so took it long with stop at VWAP and it exploded. happy days. 5Rs

6/11/19 had a one and done on HAS and then had to leave early. Trade 1: saw big buying pressure whenever the price dropped and the L2 looked really strong, got a couple partials then added when i saw the pattern ascending and L2 holding its big asks. got 4Rs but i stopped out early because i had to leave soon anyway. it did bounce of VWAP and go higher but dont know how far.

05/11/19 still just making mistakes and learning what not to do... Trade 1: rising devil with big bids but stopped out. Trade 2: me getting chopped up on BYND based on the L2 without regarding patterns. Trade 3: ascending pattern on AMD and big asks, got a partial but bad news came out and stopped out at b/e Trade 4: reverse ABCD with an entry at the support so dont think i should take these if its testing the support for the 3rd time... Trade 5: got chopped up on AMD trying to get the next leg up but i shouldve waited for a rejection of some significant MA, first entry was for an ascending 1 min pattern, second was because it broke downwards and straigh back up and third was a new 5 min high. Trade 6: pennant breakout with volume and big asks, this was the trade i was waiting for but tried too early. Trade 7: finally got the AMD trade as well when i saw an ascending triangle forming respecting the 9 on the 5m and pressed against a daily level and got the pop i wanted, didnt reach my target though and stopped out at a 15m low but happy with the trade.

4/11/19 really choppy day and stopped taking trades pretty early when the market wasnt doing what i wanted. Trade 1: tried a rising devil on UAA but stopped out at 0.5 Rs when it didnt drop straight away Trade 2: loads of abig asks on BABA and after a double hammer on the 1 with higher lows i went long, got 2 partials and out at b/e Trade 3: looked like it found support at 180 so went long but didnt quite get to 2R so stopped out. Trade 4: looked like an ascending triangle so tried to get in before it went up for the third touch but out at a new low.

1/11/19 decent day today except slippage on my first trade put me 3 Rs down but oh well. Trade 1: tried a rising devil but stopped out and the price jumped a mile. Trade 2: ABCD on aapl but the consolidation was so long and after it made a new high and came straight down i got out near b/e Trade 3: kinda ABCD/pendant break out, i had my limit for 2 Rs set and it hit it but didnt get filled then stopped me out so that was a bit annoying but still a good trade. Trade 4: tried to get in on a pullback short on PINS but stopped out, then loads of big asks came in so i took it long when it didnt make a lower low and got a really big move on it. great trade.

31/10/19 made some good prgress today, started noticing things on level 2 in the INET tab as an extra confirmation. Trade 1: was watching this for an ORB, KHC had loads of big orders above the ask so after it rejected VWAP i took it long for a really nice 4 R trade. Trade 2: ABCD based on the 1, waited for a new high and orders stacking above the ask but the move wasnt ready. Trade 3: descending triangle but once it broke and came straight back above the PCL i got out at b/e. Trade 4:nice pennant formed but didnt do the breakout i wanted. need to pay more attention to level 2 on these for confirmation. Trade 5: 1 and 2 min bullflag, waited for 1 min high and had a really tight stop below the pullback, had loads of big orders above the ask so was pretty confident and got about 4 Rs on this average.

29/10/19 so im back in sim and im gonna take a month or two to practice my strategies. im focusing on ABCDs the rest of this week after Aiman proved you only need one strategy. once a stock move a significant amount in a clear direction, i wait until it makes lower lows on the 5 without a new low on the 15, and then once it makes a new high i enter with stop below the low. if i take it near VWAP i want 3:1 and away from VWAP i want 2:1. im also focusing on ORBs but im looking less at the 5 min and more for ABCD patterns based on the 1 chart just at the open. im also going to start to log trades in another way so i can track my win percentage to hopefully see improvement or identify which setups i just shouldnt do.

my stop was a new 5 min high above vwap, I shouldn’t have stopped out early but got worried and I do this all the time. Just need to stick to a plan better but I’ll work on that in sim

28/10/19 I am not ready for live trading. breaking rules, dont have a clear idea about how to manage my trades. still letting emotions rule me. closing my account and going back to sim for 3 months so i can build a proper strategy without blowing any more money. Trade 1: went for an ABCD on TSLA, waited for a new 5 min high, when it went my way i added more because i felt like my stop was so far away. it then started to go against me and hit my max loss per trade but i didnt stop out because it didnt hit where i thought my stop should be at the new low. then finally stopped out when the breakout didnt go my way for a 1.5 R loser. Trade 2: saw the pendant form, waited for the break with volume, set my stop appropriately above the previous 5 min high but stopped out early as soon as it went against me and then it went 2R at the time of writing in my direction so again horrible trade management.

25/10/19 max loss today think i was trying to force stuff. Trade 1: ORB on ROKU this looked good, increasing vol going down, low vol pullback and VWAP rejection, but went up and stopped out. Trade 2: pendant breakout but got in late and it didnt have the volume on the break i like to see so shouldnt have taken this. got out for a small loss. Trade 3: same again but again no volume on the break... Trade 4: descending triangle but i didnt get the entry i like and the breakout failed and broke the resistance line so took it long and got some good partials, shouldve taken more at the top though, only ended up being a 2 R winner. Trade 5: This was an ABCD but got in after a hammer when i shouldve waited for a higher low then confirmation of a new high. Trade 6: pendant breakout again with no volume... need to restrict myself with these more.

24/10/19 much better day today exercising patience, nothing i liked at the open and so waited until 11:30 before i saw something i liked and got 1 and done with a 4.5 R winner. Trade 1: pendant formed on TSLA after a reversal from LOD, it broke out the top with increasing volume and never looked back. got good partials along the way and stopped out at a new 15 min low.

23/10/19 Really awful day i went absolutely mental, feeling really overwhelmed by the emotions of it all to be honest and now feeling pretty miserable. i know i can take the right trades but my brain is telling me to be an idiot and take things that arent in my A+ setups... Trade 1: tried to take an engulfing on TXN after a pullback after a big red high volume candle but stopped out. Trade 2: BSX looked like it lost VWAP after a retest so i went short but was paying too much attention to the level 2 and making stuff up in my head without proper indicators and thought there was a big buyer at 40.23 so got out and then went long on overtrading and inevitably stopped out. Trade 4: went long for a break of a pendant, when it doesnt immediately break i tend to get out quickly, however i didnt cancel my stop order so when it broke the other way i got into the reverse trade and didnt realise for a while and ended up stopping out of that. didnt take this trade as i wasnt watching but this is the kind of thing i should be waiting for and paying attention to. nice pendant formed, 3+ touches to the top, broke the bottom with very increased volume, that would be my perfect entry and just lost it instantly moving about 4-5 Rs.

22/10/19 bad day hitting max loss. broke my rules and overtraded. annoyed because my new broker doesnt give a free simulator with the margin account so need to be stricter with myself if its going to work or ill have to go back to sim full time. Trade 1: ORB with low volume pullback, didnt work out. 21/10/19 Trade 2: sold the breakout of a pendant, got 1 partial then got out early for no reason, wouldve got another partial if i left it. need to learn to let my stocks go to b/e. Trade 3: another pendant breakout that i was right about but scared myself out of it for some reason. Trade 4: got into a wedge breakup late then didnt get out when it broke the support. stupid. Trade 5: got in for a wedge breakup near the support line, great entry, got 1 partial then out early when i thought it was breaking down, then when it didnt i got back in revenge trading...

21/10/19 ive been really ill for over a week now so havent been trading. im going live today but with the intention of only doing minimal trades per day/week and only taking A+ setups Did so well all day not taking any trades because they werent perfect and then took a stupid setup right at the end because i watched so many of my good trades pass. Trade 1: basically took this trade because there was a huge seller at 45, if anything i shouldve taken it long since it was ascending but really i shouldve just stayed away.

8/10/19 good day today. started with a winning trade but i broke my rules quite badly and it shook me up so i went away, came back clear headed ish and carried on. 3 trades: 2 winners (ORB, pendant) 1 loser (trend trade) Trade 1: kurt called out the big buyer on AMBA so i went to set a limit order for an entry near VWAP but messed up and accidentally got in early with a too big share size. i decided to stay in anyway until my original stop even though i went past my 1 R risk. so i shouldve stopped out but because i had confidence in the setup i stayed in until i got my 2Rs. but i was still annoyed with myself. Trade 2: DPZ had an amazing day and i wanted a piece :p waited for a rejection of the 9 EMA on the 5 which worked earlier in the day. my stop was 2 points though so was asking for quite a large move. anyway it started reversing so i got out. Trade 3: what a trade. saw a perfect pendant form over a long time, holding the support trend line perfectly. I got in on the break with high volume and it just exploded. partialled quickly for good profit. i got added when i saw the support for an ABCD but got completely out when it lost that. still a good 3R+ trade in minutes.

4/10/19 took too many trades today breaking my rule but just felt like trying some stuff out, i still in my head think this would be a live trade and others wouldnt but whatever Trade 1: gapped down stock, was waiting for a rising devil but it didnt pop up to VWAP, it had no volume in the first 3 min then picked a direction with a 15500 order on the bid so i went short, didnt partial at 2:1 which i should have. it started to make a descending triangle but eventually broke through VWAP, i got out when i saw a big seller get out the way on the tape. unfortunately it didnt hit where my stop was and turned back into a really nice short but still happy with it. 2 small winners (ORB, wedge breakup) 2 losers (wedge breakups) Trade 2: saw an ascending wedge on AAPL and stopped out then the move didnt pop out of the resistance. Trade 3: got suckered twice doing the same thing. apple was a dick today. Trade 4: another ascending wedge, it popped up came back down but didnt touch my stop, got greedy and didnt partial until 3:1 which was as high as it went so got out when it made a 15 min new low.

3/10/19 another frustrating day today but feeling okay about it. 2 losers (ORB, wedge breakup and VWAP hold) Trade 1: stock seemed really strong, waited for a big low volume pullback but stopped out. Trade 2: so i saw a rough ascending triangle so went long close to the support line with stop below the previous low. i added above VWAP once it held, i was feeling confident about this but i had to leave to buy some tickets so i set my stop at my average entry price, and stopped out by 3 pennies but if i gave myself a 1 R buffer it wouldve worked out, its currently at 4Rs at the time of writing, but if i was watching it i wouldnt have stopped out at b/e so not too annoyed about it.

2/10/19 messed up my head today so had to stop after my second trade and just carried on watching. 2 losers (ORB, mixed trade) Trade 1: ORB volume seemed to come in for the bears so on a pull back went short but stopped out. Trade 2: aftter a V reversal and holding VWAP i went long for an ABCD and got a good partial. when it came back down i was trying to pay a lot of attention to the tape, and at 20.40 there was so much buying and nothing on the level 2 which made me think hidden seller, so after it couldnt break it i switched positions, then in all started to go wrong, my stop from the previous trade got filled so i now had 2x shares, which was okay because i was confident. i got to almost 4R but was had a level in mind before i got out. i held to VWAP and it broke so i tried to get out but accidently doubled my position again, then it went my way again and then i did the same thing AGAIN before i finally got out. but the most annoying thing was if i kept to my original stop loss on the other side of the big buyer i never wouldve been stopped out and wouldve gotten the full 5R move. so yeah that messed me up and i stopped taking trades from then.