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Glenn Budde

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Glenn Budde last won the day on October 15

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About Glenn Budde

  • Birthday 08/04/1969

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  1. 10-21-19 At desk at 7:55, feel ok..... Normal morning and premarket routine.... PAT: FOMO ..... Scaled down Live Trade Size...... Notes: First Day with a potential Live Trade be very aware as to grade of setups..... All of the trades thus far should have been in SIM but............ ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- This the break of SIM and Live account Trades........ ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I did not find anything I was willing to trade in Live account but I did end up in Live positions three different time with the montage switching back and forth on me..... I now realize that the montage automatically sets to my Live account every time I choose a new stock..... Live and Learn ...... Cost me ..... -60.02 YNDX Finally found a trade I thought I liked but once I got in it, it was hitting the 9ema on the 30min over and over so I just got out at what I thought was BE.... my stop was at 9.24 for a .06 risk and I thought I was at 9.42 for reward..... After analysis I found this serious resistance on the 30min.... -10.45 Cons: I completely messed up my SIM / Live account in the trades Pros: I did use smaller share size and followed my stop when I did not have a hard stop..... Favorite Trade: none Notes: Remember Montage is on Live account by default..... -70.47
  2. 10-18-19 Good night sleep, feel pretty good.... at desk at 0800...... normal routine... PAT: Share Size..... Partial outs.... Notes: Take the setups when they present themselves and stop second guessing yourself..... Use instinct along with L2 and Tape when partialing or getting all out.... Took a bunch of SIM of SIM trades... early morning is just not working for me.... mostly ORBs based on candle action, just may be a little much for me right now but Ill keep trying in SIM.... ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- KO All PB#3... first.... B setup at best but told myself that I was in this Live..... This was all FOMO and I should not have even tried this in SIM... I did take small size as I knew I was Chasing..... Took it as a trend on the 5min (way too extended from 9ema) but did have a nice ABCD going on the 2min.... stopped out at C..... -16.00 second.... A on first entry and A+ on second entry...... Im a little disappointed as I did not take full size here, and only in for 3/4..... This was the second and third test of the 9ema on the 2min.... L2 and the Tape was all in favor of an uptrend... Took first partial at HOD... then more at a marked daily level and several more between that level and HOPM, then all out on L2 and Tape along with new 15min low.... +85.11 third... A setup... A bit extended for an A+..... took 3/4 size..... I felt I let my emotions get to me on the previous trade and I should no have let it stop me so I may have forced this a bit.... took small partials and lost focus to SNAP and got all out below BE... Should have been a +25.00 if I set a hard stop..... +4.58 SNAP PB#3.... A+ setup.... I did take full share size here.... Tested the 9ema on the 2min several times Was in a clear downtrend in harmonious charts.... No new highs on 5min or above..... Took profits at 1/1 , 1.5/1 , 2/1 , several at around 3/1 and still in for small size with a stop profit of 2/1 +74.99 Cons: Took a trade with a bit of FOMO, and yes I did a fake montage switch to Live...... Pros: I did respect my stop loss.... Favorite Trade: SNAP Notes: Will be Live on Monday so I will scale down on my share size for a bit.... R = 50.00: +148.68
  3. This is just what I have learned for myself, so take this with a grain of salt as I am new.... I have found it very difficult to trade off the 1min, I will only use it for a stop and confirmation of 5 or 10min ORBs in the first ten min at max then I take it off my screen and the lowest I use then is the 2min and again usually use for identifying confirmation of setups like trend trades or longer time frame ORBs Looking at NTRA 5min It was still making new 5min lower highs.... I know my trading still is full of holes but this is something @WilliamH has taught me in his trade reviews of my own and others and has greatly improved my trading.....
  4. 10-17-19 At desk at 9:45.... very groggy.... will only SIM for the first part.... Yesterday The only trade I would have traded was APHA which I thought I booked a $10 loss but I guess the order was for a portion of the shares and today I ended up getting all out on it (an accidental swing trade) I have a lot going on today so I may end with this only trade that made sense to me.... I would have taken this LIVE as I did start with small size and added in on confirmation to 3/4 size NUGT... PB#2.....A setup.... small to start and 3/4 size after add.... I watched SPY start to roll over and had my eye on NUGT it broke VWAP with force and the tape and L2 agreed .... It was above YH and PMH.... above all moving averages on time frames from 2min to 60min .... Took 25% partials starting at the 2/1 level which was also previous resistance intraday..... took more at YYH which is also a dollar amount... then more at what I thought was the top of the move based on the L2 and tape (which was correct) left a small amount to get all out at the dollar..... +114.31 I will have a Live account by Monday (maybe tomorrow) ....... Have some work to do tonight....
  5. 10-16-19 changing this part up a bit, I know Mon. thru Thur. I get about 4 hours sleep and all my morning routines, so I will keep this shorter from now on unless something changes.... At the desk at 0810.... feeling a little tired.... PAT: Share Size..... Partials on instinct.... Notes: I feel like I should have partialed a bit more aggressively locking in profits..... I was trying to be more aggressive with a longer profit but should have used my targets as an all out or at least took 80 or 90%.... Took a couple early B setups with full share size..... 2 losers and 1 Win on BAC (the 5min ORB was possibly a better setup looking back but at the time I did not feel good about it) and a loser on BBBY.... -91.71 CAH PB#3,,,, B setup... took too large of share size again.... from turbo breakup scanner .... jumping on lawsuit settlement... running pretty flat.... shouldnt even be trying this here.... just gonna get out and look at it again.... -122.00 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- APHA PB#3... A+ setup.... 3/4 size (looked at it as an A setup at the time).... trending the 9ema on the 2min, harmonious, under all MAs on all time frames with a reverse ABCD on the 2min.... my first partial should be at 2/1 at .84, missed it by .02 and has since been very choppy bumping on 5.00 may get stopped out,,, just getting alll out here and calling it a day... I am way over tired and can not concentrate on anything..... Nap Time.... -10.00 Cons: Too big of share size on my SIM of SIM trades.... Pros: Do like the APHA setup but maybe should have taken a partial when it got close to my first target.... Favorite Trade: Notes: R = 50.00:
  6. 10-15-19 Up at 7:40 with 4 hours sleep.... SSS and a coffee..... PAT: Share Size.... Notes: A+ setups take at full share size with Kyles hot keys..... A setups about 3/4.... B+ at 1/2 and all others should be in a SIM...... ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- PINS PB#1.1 ... A setup... took about 3/4 size..... 1min ORB on a pullback and momentum to break the PML ..... Took 50% off at at 2.5/1 and out at BE.... +22.50 PINS PB#3... A setup.... took 3/4 size in three steps keeping my risk down..... my original target was LOD so I took 50% off there and then I had my sites set for 24.00, I hit my hard stop of BE.... +82.00 APHA PB#3... A+ setup... full share size.... Trending the 9ema on the 5min with an ABCD on 2min, Strong catalyst.... took 25% off at 2/1...... and hit hard stop at BE... +28.13 CGC... A setup... 3/4 size.... trending the 9ema on the 2min but a bit extended from the 9ema on the 5min with confirmation of the ABCD on the 2min, strong catalyst..... took 25% off at 1/1.... and hit Hard stop at BE.... +18.88 Cons: I feel like I should have partialed a bit more aggressively locking in profits..... Pros: Found my setups and feel like my Size compared to entries were good..... Favorite Trade: PINS PB#3 Notes: I feel like I should have partialed a bit more aggressively locking in profits..... I was trying to be more aggressive with a longer profit but should have used my targets as an all out or at least took 80 or 90%.... R = 50.00: +151.51 / 151.51
  7. 10-14-19 Up at 0740 with a little over 4 hours sleep. Fell ok..... SSS and a coffee.... read a bit in the Playbook.... PAT: Share Size Notes: Pre 5min setups must be A+ for "Live" trade..... Any PB#1 ORB setups must be A or A+ for a "Live" trade..... Keep working on proper trade management.... Will cut out for a bit to go get my Live account ready to go..... SES Took a couple scalps on this Low Float just trying things out.... I missed one good move that I wanted to trade so I went ahead and took these for practice in SIM of SIM.... one win and one loss +26.75 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FAST PB#1.1 (A+ setup) ... 2nd day play Strong stock that gaped down looking for a long position.... Took a small share size on purpose as these are still a little foreign to me.... The 1minORB broke VWAP and with nice ASKs on LVL2 and Tape prices going up, decided to add here then some quick scalp partials and all out at BE.... +21.50 FAST PB#1 (A setup) the 5min ORB candle was a bit extended for me keeping this from an A+ setup, confirmation on the 1min ABCD.....I kept the share size a little bit small even after the add ons as I did not feel this was an A+ setup..... I added in at a very bad spot and got filled even worse... I do like the second add... I partialed out a bit too much so I added in the amount I did not want partialed ..... all out on a new 5min low.... +29.00 Trades 3 and 4 were PB#3 which I would grade both at B+ or A..... I took full share size on these which in hind site maybe I should have stayed small here also... One I got stopped out on and the other I partialed and all out on BE.... -32.40 AMD PB#3 (A+ setup).... trending the 9ema on the 2 and 5min breaking the 200ma on the 5 and 15min, looking for the 50ma on the Daily.... I partilaed on the way up leaving myself with a little just incase it breaks out over the 50ma on the Daily.... stopped out on three consecutive 5min lows and below the 9ema on the 5min.... +86.70 Cons: Just work on Share size a bit more Pros: Found good setups in this choppy market today.... Stuck to my rules and felt good ..... Favorite Trade: AMD PB#3 Notes: Work more on share size R = 50.00: +131.55 / +104.80
  8. 10-11-19 Woke at 0740 with 7 hours of sleep and feeling pretty good...... SSS and a coffee.... A little meditation and away we go.... PAT: fine tune share size..... Notes: No pre 5min trades and all PB#1s will be Sim of SIM for at least the rest of the week... FAST PB#1 (A+ setup), this should have been in live with all the confirmation.... Made a beautiful 5min ORB with confirmation ABCD on 1min and 2min, also the price action, LVL2 and Tape were all positive confirmation.... scaled in to it to 4/5 position and took a 50% partial then out At BE as price action was changing... +48.00 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FAST PB#3 (A+ setup)... Trending the 9ema... the 9ema crossed the VWAP.... the previous down trend did not break VWAP..... ABCD on the 2min...... I added on the close of my entry hammer candle, I did take a little smaller share size one the first one and added into about 3/4 share size (probably a little too cautious here)... took small partials on the way up at key points and then all out on new 5min low..... +124.51 Cons: None today..... Yahoo.... Pros: Found and took A or better setups.... Favorite Trade: FAST both trades.... Notes: Just need to work on share size a bit.... Calling it a day, have family coming in..... R = 50.00: +172.51 / +124.51
  9. Dang, sorry about the outages..... hope all gets better for you soon...
  10. 10-10-19 Woke at 0740 with 4 hours sleep and feel pretty good.... SSS, a coffee and muffin...... Read in The Playbook....and a nice quick meditation.... PAT: If I take a SIM of SIM I still need to Manage it properly and not stop out early..... Share size...... Take better setups, A or better..... Notes: No pre 5min trades and all PB#1s will be Sim of SIM for at least the rest of the week... BBBY PB#1.1 .... 2min ORB .... LVL2 ASKs stacking and Tape was printing strong.... +49.00 PB#1 .... 5min ORB .... Same LVL2 and Tape ...... This one I feel great about and also feel like it was an A setup.... 5min ORB with ABCD on 1min and Clear price action..... There was the news that the star CEO of Target went to BBBY and the super large SF of 55% that lead me to the long biased position on BBY ..... +57.25 A quick mistake on the short and covered quickly for BE +106.25 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- BBBY PB#3 (A setup), didnt quite get back to the 9ema on the 2min...... took a 25% partial .... added on the next bounce off 9ema..... stopped out just below BE..... the next was an accidental short and covered quick for BE.... then long on the bounce off the 50ma on the 5min and jumped the gun on the partail.... added on at break of VWAP still trending..... and stopped out below VWAP ....... -19.50 DAL PB#3 (A setup) again a bit above the 9ema on the 5min holding it back from an A+...... the 9 and 20ema had just crossed the 50ma on the 5min about 20min prior to entry.... I found this after I came back from a break..... I entered with 3/5 share size and added to full share size once price action confirmed it (this was a bit late and slow on the triggerand after review this should have never been an add here )..... once into this time of day I mostly use the 5, 15 and 30min charts..... the stop I had was a solid break of the 20ema on the 5min.... when I added at a bad level it did extend my stop loss to over 1.5R, I did get lucky as it never fell below -0.5R... at about 1430 I had to go out for awhile so I sold all but 96 shares (I really did not want to leave this) and left myself a wide range order figuring I would be back before market close.... I got back about 2 min before market close and closed my position within the last two seconds of market.... +201.75 Cons: I took too much size on DAL Pros: Found A setups...... respected my stop loss...... switched my charts so that the 1 min was no longer there then about noon I took off the 2min chart Favorite Trade: BBBY second trade PB#1 and third trade PB#3 Notes: Found a good setup on BBBY that I still after review feel very good about even though it turned into a small loss... And took too much size on DAL..... R = 50.00: +288.50 / +182.25
  11. 10-9-19 Woke at 0740 with 4 hours sleep. Feel good..... SSS and a coffee..... Read a bit in The Playbook .... PAT: Share Size ...... A or better setups only..... NOTES: I will go back to no trading in the first 5min........ All PB#1 (ORB with confirmation of ABCD on 1 or 2min) will be SIM of SIM untill I feel better about this setup again....... Tried three trades, PB#1 with no luck..... QGEN I got a bad entry on first 5minORB and then stopped myself early on the 15min ORB which I realize now was setting up a nice PB#3...... and an MU which almost went to my target but went down and price action changed so I got out with a 1 cent loss.... -64.25 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- QGEN this is a 2nd day play with a 16x RVOL premarket and an 8X when I took it.... it had a huge gap down from Q results and investigations in possible security violations..... This was on SSR so I was looking for investors to buy for value on the large gap down..... PB#3 (A setup), + would have been if I recognized it when I stopped early in the 15min ORB...... I went in with 4/5 share size and added in to full share size... The only resistance in the near future was the 200ma on the 5min and this was far enough away that the RR was 2.5/1 ...... Took two partials at 25% each then all others were 10% and all out on a new 15min low and my Reason2Exit ...... When I got back from running around I found another entry that I feel was an A+ setup and took full size again. I did partial for $60 once and set a hard stop up because I was have to manage another business also and got stopped at BE...... +206.40 Cons: Missed the first opportunity on QGEN and stopped out too soon..... the first one on QGEN I also stopped out early... I believe both of these are just fear and lack of trust in my trade.... Pros: Found a good setup in QGEN even after I made the early stop....... I feel good the way I managed QGEN Favorite Trade: QGEN Notes: I like the share sizes I took and will continue with no pre 5min trades and all PB#1s will be Sim of SIM for at least the rest of the week... R = 50.00: +117.90 / +206.40
  12. 10-8-19 Woke at 0740 with 4.5 hours sleep, feel pretty good...... SSS and a coffee...... PAT: Share size in early market....... Hot Buttons...... Notes: on my PB#3 setups take a moment to analyze the trade before entry..... Took a few trades in SIM of SIM in pre 5min and 5min ORBs... took way too much share size, (dont even know what I was thinking) felt completely out of control maybe due to knowing this is not what I would trade in Live and taking stupid risk.... I do need to trade these as if I was in a Live account even when I am in SIM otherwise if I get a setup to start working I fear I will continue to trade too much.... I think I will just stop trading the first 5min again as I did in the past and only trade A or better setups from now on..... Ill post the stupid P&L here just so I will remember this tomorrow.... These were all in the first 15min.... -1153.66 this would be -23+ Rs LOL first and last time for this..... I had to leave for a bit dealing with another business and unreasonable customers....... ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- BRX Finally found a trade today that makes sense to me.... got this from the Turbo Breakup scanner..... cross referenced it to News..... Brixmor Property Group's Commitment To ESG Excellence Recognized By Multiple Organizations..... This along with a new 52 week Hi I felt this is a stock in play.... RVOL is also 2.36 PB#3 (A+ setup) could have got a better entry a couple minutes earlier but one can never tell and I feel like this was a safe entry waiting on confirmation.... This had all the right ingreidents, 2min trending the 9ema, no new 5 - 15 - or 30min low, an ABCD on the 2min.... My first entry was a full size for my stop and my RR was 2.5/1..... the addition about 15min later was only a few shares as my Buying power was all used up..... I took a few 25% partials and a couple 10%.... my add on was only 25 (which is what the last partial was) shares as it seems every time I do add on to a trend it does a reversal soon after..... The time is 1314 and am holding onto the 253 shares I have left. I did hold onto it on the bounce of the 20ema as the new 5min lows never breached the 9ema.... I will be looking at the 5min chart for the 9ema and the 15 and 30min for new lows from this point on.... at 1318. 1326, 1330 I took 10% each time.... I am also noticing that the 5min Volume has been more on the Bull Candles...... I have now switched my charts to only have 5, 10, 15, 30, 60 and Day Charts and took off the 2min to keep myself from hitting the Sell Position Button too early.... 1345 and 1350 candles were tough to hold onto, when I look back on the 2min I probably would have exited but I believe by taking the 2min off my charts it will make me a better trader.... My Reason2Exit was the break of the 9ema on the 5min and down to the 20ema, along with the Powell speach.... Cons: Was just stupid in SIM of SIM..... Pros: I did wait till I found an A+ setup before taking a trade Favorite Trade: BRX Notes: Gotta Go no time before work... R = 50.00: Blow up in Sim / +126.38 on my only true setup
  13. Love the trade and your pre-market list.... I do something similar except on paper (Im too slow on the computer) Looks like I missed a good trading day. Glad to see you caught it....
  14. 10-7-19 I took a long weekend and was not able to do much on 10-3 and 10-4, only premarket stuff..... Woke at 0735 with a nice 7 hours of needed sleep (this weekend was packed full of fun)..... feel rested with my SS and a coffee..... Read a little ... did not get to any exercise due to sing in issues... Did a 3 min breathing meditation PAT: Share Size.... Setup Grades.... Correct Hot Buttons... Notes: Still will continue to play with Pre 5min trading in SIM of SIM..... All trades pre 10min will also be SIM of SIM unless I feel it is an A+ setup..... I tried my pre 5min and at best B setup ORBs .... I took a bit too much on the AVYA ORBs and got stopped out twice for -127.00 and SDC pre 5min I took small share size for a loss of -22.00 and AMD for an ORB B- setup at best and a trend B- setup as it was chasing -50.00 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- I will make this my break of SIM and Live account for my information.... but as I have been doing I will still use my P&L for all trades since I do not have a way to separate them yet....... ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Only two trades I probably would have traded Live SPWR PB#3 (B setup).... I would have taken this trade Live at the time but after further review it was not an A setup.... I was chasing this trend and had a bad entry, I also see after review that not only was the entry bad on the 2min but the 30min was on the 200ma.... -50.00 OSTK PB#3 (A setup).... didnt make the + because it was a tad above my ideal entry point and found this on the Turbo Scanner. did not have any News on Finviz or Benzinga.... I did like that it had broken the 200ma and the VWAP with force from the LVL2...... I took very small share size because of my entry and added into a full position... first partial was 25% and then three 10%, all out on serious price action change.... +95.29 Cons: Early trades I am still suffering on, I need more work on these before I even attempt to go Live with these trades...... Did not analyze the SPWR trade well enough before entry.... I did chase on both my fake Live trades Pros: Stopping at my stop loss..... Did find and identify my favorite trend trades.... Favorite Trade: OSTK Notes: Even though I am working on the early market in a SIM of SIM I need to pay more attention to my share sizing so I do not take improper size on my Live trades.... While in some of my SIM trades I hit the wrong buttons again, another one to work on..... Work on analyzing my trend trades better..... R = 50.00: -153.71 / +45.29 Splitting my P&L Total of all trades / Live (fake for now)
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