Glenn Budde

2-5-20 AIS 0805, 3.5 hours, 5/10 Pat: In / Out, Add / Partial when it makes sense not before or later ....... Overtrading ...... A+ Setups..... A brief.... Gotta get to work... I realize now that I looked at my P&L that I took way too much size (more than double) on the LK first two and TEVA trades all resulting in losses..... -7R Later on the LK and SNAP trend trades worked out great but I did take the correct size on these..... +3R Cons: Took Trade not in PB..... Took too much size at the open..... Pros: PB Trade: Rs: -4R

2-4-20 AIS 0805, 4 hours, 5.5/10 PAT: Over-Trading .... A+ Setups ....... TEVA PB#1 ... 5min ORB (extended I know) waited for ABCD on 1min with a 50% and all out on price action change.... I did miss the big move not respecting my stop loss and getting out early on the pull back.... +0.8R TEVA PB#3 ..... ABCD and Trend of the 9ema on the 2min also in harmonious charts..... took 50% (sent the order at the top but my montage was not on the ticker so buy the time I clicked ok it went down to this level) Tried to add where I should have got out looking back on the 1min MA cross..... +1.2R Cons: Jumped the gun on the add PB#3..... got out early on PB#1...... Pros: Got in on my own calls..... PB Trade: TEVA PB#1 Rs: +2R

2-3-20 AIS 0805, 4 hours, 6/10 PAT: Over-trading ...... Proper entry / exits..... If I am calling it out then take it..... GILD PB#1.1... PM Plan was to break 68 with momentum, it did and I went long but the momentum quickly disappeared and I stopped out... I went wrong when I gave it another try without a good plan and stopped out again -2.0R LK PB#1.... 15min ORB with an ABCD on the 2min, I Jumped the gun here and needed to wait for the correct entry which was a min later than my stop at the top of that candle...... My second trade should have been an add after a partial but it is what it is and eventually Ill get back to waiting on my confirmation... after second entry I took two partials and all out..... tried a third time with small size and added to it as I failed to see the MAs crossing on the 2min.... all out.... -0.6R AIMT PB#3 2min trending the 9ema.. took my first entry on the bounce of the 9ema and the second entry was a mistake as I was in the wrong montage, also the next partial was the same mistake...... I added back in when I realized the mistake about 4min later but I should have thought about it more before I added back in...... all out for a total loss instead of at least a 1R win ... all on mistakes in the montage -0.2R PCG PB#3 A little late to the party when I brought this to my screen but still made a decent entry trending the 9ema and making a nice ABCD on the 2min... I added in riding the 9ema on the 2min.... didnt like the add after a couplke minutes so I took off the add and in doing so it brought my average down 1.5 cents...... then I went a little christmas tree after that and once I was out of the trade all together I realized I was over-trading and trading my P$L so I need to be done for the day.... +2.6R Cons: Jumped the gun.... Over-trading ..... Montage Mistakes... Tried to correct an in trade mistake without thought.... Pros: Took my PM Plan entry ..... Respected my stops..... Stopped trading when I realized what I was doing.... PB Trade: AIMT without the mistakes Rs: -0.2R

Perfect Mike .... Thanks again....

I noticed you are trading on MA crosses. Just wondering what your rules are for these trades? I have been using these crosses as confirmation on other trades but have not used them for a trade with other confirmation. I have been spending more time in my Playbook lately and like to document everything I can for a trade and have been noticing a bunch of moves just after (sometimes seconds) MA crosses. Thanks in advance

1-27 to 1-31-20 What I did bad this week: I jumped the gun not waiting on proper confirmation and on one I completely misread an ABCD then stopped out too early as it was a nice trend Over-trading.... Early Exit for no reason.... Let one run past my stop... I failed to get in on a couple adds and partials with too much hesitation Did not act on a solid PM Plan What I did good this week: Was able to calmly correct a mistake while in a trade Trading with more confidence Feel like I am getting control of some of my Gamble Feel like I found a good small group of 3 traders (including me) that I can relate to and stay calm with while trading throughout the day.... This week has proven the same for me... Changes to be made this upcoming week: Allow all time frame trading in SIM but only with A setups Rules to stick by this upcoming Week: After I call it a day by either MAX Loss, Profit Target or what I am comfortable with, only use the rest of the day for Chat, Journal, Playbook ect. In-Trade and Daily Stops Do Not chase or revenge trade Live Only one loosing trade before 1100 Challenges for myself this upcoming Week: Only A or better setups at time of trade No BBT Voice Chat before 1000 Take a planned break at 1100 for other Bus. @ 0905 do some exercise and then meditate to calm myself Stay unbiased Notes: Rules are not to be broken, these will cost money every time My Challenges are almost as important as my Rules, Pay attention to them If I feel overtired I will try going back to bed and coming back to Trend Trades later.... Goals and Rewards: +20Rs or more at end of the month to consider trading with more size in the future two months +7.5R for the week +23R for the month

1-31-20 AIS 0815, 8 hours, 6/10 PAT: Over-trading ...... Take the adds and partials when they make sense .... I will need to leave today at noon for family stuff.... XOM PB#1 ..... 10min ORB, looked like it was setting up for an ABCD on the 2min but I jumped the gun.... also my DAS froze for a couple seconds and cost me about 6 cents slip..... all out at full stop from entry that I wanted.... I called out the short at 1000 for .96 but did not take it, the other trader in my group took it and was very happy, LOL..... need to trust my call outs as this was not the only one..... -1.5R 1 CL PB#3 ...... pull back to the 20ema on the 5min and bouncing off 73.90 level.... 50% partial, added back in and took it back off after I was not happy with the price action.... added in again and took a 50% and all out at new BE +2R ADNT PB#3 .... entered after a pullback and 25.09 looked like the new support..... took three partials and added in twice .... all out on time constraint ..... I am very upset with myself as I called out PM that if it holds 23.70 (this PM Level along with a strong 23.75 Daily Level was my signal) that it was a good long, there is no reason I did not take this on the break of VWAP as this was my PM plan...... +2.5R . Cons: Jumped the Gun ... did not pull the trigger on a PM plan and a call out to my trading partners Pros: No over trading.... Happy wioth my partials and adds..... PB Trade: ADNT Rs: +3R

1-30-20 AIS 0805, 3 hours, 5/10 Pat: Jumping the gun CCL PB#1.1 2 min ORB, strength on tape and break of .91 level, in a last 15min pre-market uptrend.... took too small share size .... three partials with one missed op on an add at 0939... added on the return to the 9ema on the 2min added a second time and all out on the break of a new 15min low + 2R took two more trades later and both were stopped out - 2R Cons: Over trading on a stock the had already made my day very early..... A missed op on add in Pros: confidence in CCL through the first trade Rs: BE

1-29-20 AIS 0845, 4 hours, 6/10 PAT: jumping the gun on PB#3 ... Missing out on adds and partials when I know I should LB PB#1.1 / 1 Jumped the gun on the 1min ABCD on the first entry but did go my way tried to add on what I was seeing as an ABCD and now I see it is the D and stopped out. -1R AMD PB#3 First entry I jumped the gun again on the first entry as this was not an ABCD yet, I stopped out above VWAP, My mistake here also was that I was only looking at the ABCD when this was a trend play and I should not have stopped out as it diod not break the 9ema on the 5min ..... Second entry was an Actual ABCD which was confirmation of the 5min trend, partials were 50% and first add was for full size, the next two adds brought it back to about 1/2 size and then stopped.... the last trade at 1024 was stopped on what looked like a reversal to VWAP...... and the last one was taken on accident as I thought I was in SIM but in LIVE instead so I got out quickly (a reversal to VWAP which is a PB setup I have not worked on much) +2R GE PB#3 .... Trending the 9 on the 5 with an ABCD on the 2 and above all moving avg. along with no new low on the 5 or 15min.... took way too small share size on the first one and the partial was only 0.2R, I added in twice for a full size, took 50% off and out at BE +1R Cons: Jumped the gun ...... misread two ABCD setups.... Pros: correcting mistakes calmly while in the trade ..... Playbook Trade: AMD Rs:

1-28-20 AIS 0810, 4 hours PAT: Over trading in the afternoon.... Respecting my stops.... LK PB#1.1 The First entry had a .30 slip and stopped out for more than I wanted, gave it another try just before the 5min ORB and stopped out again... -3R Per my trading plan if I am up 1R I am supposed to stop at -1R Took two more LK trades in the afternoon, both went to stop for -2R MRNA PB#3 ..... Trend trade with 15min ORB... All partials were 50%... the first two adds were back to full size then after that the next two adds were up to 50% of full size.... missed a partial at 1002 and an add at 1048 ... both I was I was watching but failed to pull the trigger +4R Cons: Felt like I jumped the gun a bit on both the LK entries, SIM needs to be treated just as LIVE.... Missed a partial and an add..... Pros: Respected my stops.... Playbook Trade: MRNA Rs: -1R

1-27-20 AIS 0800, 4 hours PAT: Focus.... SIM vs LIVE ...... Notes: Keep my eye on SPY Going to keep it a little more simpple here as I have spending way more of my limited time in my playbook INTC PB#1.1 2min ORB...... 1min setting up for an ABCD but never got there... I jumped the gun on this one...... the second entry was a mistake and covered right away -2R LK PB#1, PB#3 5min ORB with a pullback to the 9ema on the 1 and 5min, broke above VWAP with trend adds after the first partial.... alll partials were 50% and all adds back to original entry..... last entry exit was a second trade that I just took a BE on, this is where I should have called it a day..... +9R TCOM PB#3 .... Trending the 9 on the 5min ... stop was below PMH... three partials, add, partial, add, 4 partials leaving me with tiny share size... added back on twice for a grand total of about 25% of original size (these adds were pure speculation and I was only risking what profit was left which was nil) ... Also took some trades later in the day for a chop fest that ended up decreasing my Rs by 3 and I also let one of my stops run past.... -1R MRNA PB#3 Trending the 9 on the 5min with ABCD on the 2min, stopped out ..... second entry was still a trend that I should not have exited the first time, took two partials , add and all out...... First entry was apx 1/2 size and second entry was full size.... -3R CONS: Jumped the Gun.... Early exit... Over Trading in the afternoon... Let one run past my stop Pros: Had a nice calm morning and felt in control Playbook Trade: TCOM Rs: +3.5

Here you go I had to take the + out of day for CMEG so you may need to add it back in. There are two spots about 3/4 way through and at the end ... IE my script reads DAY; ..... you may need to change it to DAY+; ........ Also you can change this to any Risk amount you would like to..... look for the second word SHARE=15 and just change the 15 to whatever dollar amount you want to risk .... the same goes for the short.... buy 15 StopPrice=Price-0;DefShare=BP*0.925;Price=Ask-Price+0.00;SShare=15/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price= Ask+0.05;TIF=DAY;BUY=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice-0.05 ACT:SELL STOPPRICE:StopPrice QTY:Pos TIF:DAY; short 15 StopPrice=Price+0;DefShare=BP*0.925;Price=Price-Bid+0.00;SShare=15/Price;Share=DefShare-SShare;DefShare=DefShare+SShare;SShare=Share;Sshare=DefShare-SShare;Share=0.5*SShare;TogSShare;ROUTE=SMRTL;Price=Bid-0.05;TIF=DAY;SELL=Send;DefShare=200;TriggerOrder=RT:STOP STOPTYPE:MARKET PX:StopPrice+0.05 ACT:BUY STOPPRICE:StopPrice QTY:Pos TIF:DAY;

1-21 to 1-24-20 What I did bad this week: I jumped the gun not waiting on proper confirmation After talking about the 9 crossing below the 20 I still took a trade long I failed to get in on a couple trades with too much hesitation Missed a good add opportunity What I did good this week: My pre-market plans (IF/Thens) panned out Used L2 and T&S for adding along with patterns and MAs Left the desk to prevent revenge trading Feel like I found a good small group of 3 traders (including me) that I can relate to and stay calm with while trading throughout the day Changes to be made this upcoming week: Only PB#3 for Live trading Allow all time frame trading in SIM but only with A setups Starting this past week I have lowered my R value to $5 Rules to stick by this upcoming Week: After I call it a day by either MAX Loss, Profit Target or what I am comfortable with, only use the rest of the day for Chat, Journal, Playbook ect. In-Trade and Daily Stops Do Not chase or revenge trade Take only PB#3 Live Only one loosing trade before 1100 Challenges for myself this upcoming Week: Only A or better setups at time of trade No BBT Voice Chat before 1000 Take a planned break at 1100 for other Bus. @ 0905 do some exercise and then meditate to calm myself Stay unbiased Notes: Rules are not to be broken, these will cost money every time My Challenges are almost as important as my Rules, Pay attention to them If I feel overtired I will try going back to bed and coming back to Trend Trades later.... Goals and Rewards: +20Rs or more at end of the month to consider trading with more size in the future two months +21R for the week

You made money though..... I entered when Andrew took a partial also..... lol .... Its a hard game we play and try to master.....

1-24-20 AIS 0900, 7 hours, 7/10 Woke up too late to start my journal and was not able to do my morning rituals.... I was able to pull levels for my watch list and pull if / thens ...... INTC PB#1 first entry turned to PB#3 on second entry ORB supported by ABCD and the Tape..... Took two partials then added back in each partial was 50% and every add was back to original share size...... last one I stopped out of on the Tape.... +9R Cons: Missed an add at about 1033 to increase my risk Pros: Am able to trade calmly with less stress on the phone with a couple traders (thanks Ted and Steph) Playbook Trade: INTC Notes: stay with my small group and talk out my trades Rs: +9

1-23-20 AIS 0820, 3 hours PAT: Over-Trading...... SIM / LIVE ..... Trust Myself.... Notes: LIVE only on A+ setups and for now only past after my break at 1100.... 0925 7/10 JD PB#3 SIM Trend on the 9ema using Tape for confirmation added in and also did not stop out with info from Tape took two partials and all out at BE..... Reentered and out again this time with pressure from Tape, I did not let it go to my stop but instead again from the Tape I took another entry at the previous stop for another scalp and out at BE. +1R NIO SIM PB#2 VWAP false breakout and a nice 15min reversal candle.... main problems with this trade is all the MAs above but it did not respect these levels on the small time frames so I did not put as much weight on these.... again did not stop out when it went a penny below my stop reading the Tape..... took a partial and out at BE.... +0.5R One more on WF LIVE PB#3.... Trending the 9ema on the 5min and a nice ABCD on the 2min... took it once then added in for a second ABCD.... took partials down to 30% shares left for all out at 48.43 +6R Cons: Wanted in a couple times but failed to pull the trigger.... (they did work out) Pros: Used the Tape for entries, partials and exits...... Playbook Trade: WFC Notes: WFC was a perfect setup for me and I took it with size.... Rs: +7.5R

1-22-20 AIS 0810, 4 hours PAT: A or better setups..... Playbook Only..... Notes: Only PB#3 Live..... Montage on SIM for first 10 to 15min only..... 0925 7/10 IBM SIM PB#1, Live PB#3 PB#1 and PB#3..... First 5min ORB with an ABCD on the 1 na d 2min Partials and add all the way to 0954 and all out at BE +1.3R .... second trade for trend.... I called out the 9ema crossing the 20 on the 1min and for some stupid reason I still took it long..... hard stopped for -1R + 0.3 R JD SIM PB#3.....Trend with ABCD on 2min, a bit late..... took partials and set a Range for lunch and came back to all out at BE..... +0.6 R Cons: Took the live trade against what I was talking about.... Pros: Playbook Trade: Notes: Rs: +2 SIM -1 Live = +1 R

1-21-20 AIS 0800, 5 hours sleep PAT: Revenge.... Over-trading Notes: First week trading a Live and Sim account together... Only PB#1 and PB#3 for Live all the rest in SIM 0920 How I feel 6/10 LK Live PB#1 .... 15min ORB with ABCD on the 2min.... I jumped the gun and did not wait for better confirmation on the 2min ABCD out at full stop...... -1R UBER SIM 2 trades off of 36.15 Level only.... tight stop on both.... first full stop second took 1/2 off to reduce risk and stopped out..... both times the Tape did a U-Turn on me..... -1R JD SIM PB#3..... Only reason for Sim was because the 5min had a new low..... touched all other points for PB#3.... Looked away from it and it hit my hard stop, I maybe could have saved some if I was watching it better.... -1R TCOM SIM PB#3 ..... trend trade ABCD on 1min should have been in at 1240 on the EMAs crossing also ABCD on 1min..... Took this on SIM because I was scared of what I did this morning..... Took a second trade same play... +6.6 Cons: Did not wait for better confirmation and jumped the gun on my Live LK trade.... Pros: Leaving the desk so I do not revenge trade came back and stayed in SIM for the TCOM trade Playbook Trade: TCOM Notes: Stay focused .... Rs: -1R Live +4.6R SIM

1-13 to 1-17-20 What I did bad this week: Rules Broken: Chasing on a few occasions, Over-trading a couple days along with trading more than 1 loss before 1100 on Fri., Listening to Chat on Wed and Fri before 1000. Traded past my max loss for the day. Traded with bad management and did not read the tape on three trades Took too small of size on an A+ setup Pre-Market: Did not do my research on one day, Did not meditate on two days What I did good this week: Took A+ entries on three trades with size Used the Tape for trade management on two trades Planned IF/Then Pre-Market on two trades Changes to be made this upcoming week: Will trade SIM for the First part of the Week and only if the first two days I follow my Rules will I go back Live and with very small size... Rules to stick by this upcoming Week: After I call it a day by either MAX Loss, Profit Target or what I am comfortable with, only use the rest of the day for Chat, Journal, Playbook ect. In-Trade and Daily Stops Do Not chase or revenge trade Make sure I only take PB#1 or PB#3 trades Live, All others in SIM Only one loosing Live trade before 1100 Challenges for myself this upcoming Week: No pre 5min trading unless I have a clear plan in place Only A or better setups at time of trade No BBT Audio between 0945 and 1000 Take a planned break at 1100 for other Bus. @ 0915 do some exercise and then meditate to calm myself Stay unbiased If I feel overtired I will try going back to bed and coming back to Trend Trades later.... Notes: Rules are not to be broken, these will cost money every time My Challenges are almost as important as my Rules, Pay attention to them Goals and Rewards: +10Rs or more at end of the month to consider trading with more size in the future two months -5.7 for the week

1-16-20 Did not Trade ...... 1-17-20 AIS 0800, 7 hours, 5/10 PAT: Spread .... Revenge/Chasing ...... Notes: Listen to my body, if I am tired at the open go back to sleep..... If I have a pre-market plan written down I will be allowed a trade pre 5min if it follows the plan to a T..... Complete over-trading and and past my max stop loss for the day..... Was at my goal and continued till I gave it all back and all the way to -4R no real need for charts as this was just a blow up day..... the only thing that was planned and was what I had a plan for was the first two PINS shorts with the adds and partials.... should have stopped there.... Cons: Did not follow my rules: traded past my first looser before 1100, went past my max loss for the day, chased...... Pros: First trade on PINS was a pre-open plan that panned out perfectly Playbook Trade: none Notes: Think I will switch my montage to SIM for next week..... Rs: -4R

1-15-20 AIS 0800, 4 hours, 6/10, Feeling a little tired.... I need to be very careful ..... PAT: Spread .... Trade Size.... Notes: Do not stop out before planned stop unless the Tape tells me so..... PCG PB#2..... Took this on a pullback to VWAP on previous 1min candle but could not close below ended up stopped out with strong momentum to the short side ... I flipped my position .... covered some to reduce risk and then covered more..... I added to the short again with momentum from the tape and came back again to my stop..... done for the morning..... -1R CRON PB#3...... Pull back to the 9ema on the 2min with an ABCD pattern .... no new low on 5 or 15min .... Took 50% off at 2R and looking for a place to add as long as the Tape allows me.... then 25% more at 3.5R..... All out at BE ... tried two more time to get taken out both times at mt stop.... -1R TGT Overt-trading and done for the day....... no real playbook trade here ..... Took this as I was listening to Brian and as he was talking about it getting to VWAP I was thinking the same thing so I entered without any thought.... I let the Chat stress me out once again.... -1R Cons: Maybe should have just went back to sleep for a bit and came back in the afternoon .... listening to Chat...... Pros: Getting out of here before I start Revenge Playbook Trade: none.... Notes: I need to consider trading in the first 5min if I have a solid plan and it follows my plan to the T ..... Rs: -3R

1-14-20 AIS 0915, 5 hours, 7/10 ..... Long night and very tired... PAT: ............ Notes: ................. BYND Shame me now as I am not supposed to be trading this time frame .... I only took this trade on some info from Jim, a long time trader that plays at the track .... He told me last night to buy it if it lost 125 and that it would get to 130 without a problem and maybe up to 140 - 150 but then could go back down to 110 once it makes a reverse..... So I did and only used the Tape for this momentum trade.... I was a bit scared of this fastr moving stock and took tiny share size more to see if the info was correct.... +3R SDC PB#2... First entry was a good entry but I did not trust myself and exited for no reason.... second was break above VWAP, an engulfing crack on the 15min and a strong Tape and L2 ..... very tight stop below VWAP... partial at levels of resistance and added once that resistance became support / a pivot ....... all out on a new 15min low .... +3R Cons: Woke up late and did not do my own pre-market research...... let my first SDC trade get the best of me on the chart and did not read the tape on this entry/exit .... Pros: BYND was taken with small size and I did trade this with only the Tape.... SDC both entries were good .... Playbook Trade: SDC Notes: I felt much better waking up later as I was tired.... I need to listen to my body more often Rs: +3.3

At this point I feel like the knowledge is there, now I need to let myself Win..... By the Way ... Congratulations Sir...

1-13-20 AIS 0800, 4 hours, 5/10 - 6.5/10 PAT: No Chasing .... Spreads ... Notes: Absolutely no Voice Chat till 1000 for the week..... Keep my eyes on my main watch.... LK Bad Trade... not on my watch list... PB#1 5min ORB, 1 and 2min ABCD... but this was extended .... came back to my hard stop but with slippage It was more than planned... -1.3R BYND PB#1 15min ORB in a clear uptrend with clear signals in the tape along with L2 ... Took partials up to 106 ... missed 107... at this time I was looking for an add so hard that I fabricated entries and stopped out on all of them including letting a winner loose profit..... Terrible Trade Management.... +1R BLDP Over-trading...... PB#3..... two tries .... First one was chasing and second was just straight over-trading ... -1.7R Cons: Chasing .. Over-Trading .... Bad Trade Management Pros: Good entry on BYND using the Tape ..... Playbook Trade: None Notes: New Rule .... Only one loosing trade before 1100 .... I need to leave room for trading in the better part of the day.. Rs: -2R

1-6 to 1-10-20 What I did bad this week: Took my eyes off of one of my main stocks in play and missed one of my setups Chased a couple trades this week Left the Chat on and participated in a Chat group before 1000 last two days What I did good this week: My pre-market plans (IF/Thens) panned out Used L2 and T&S for adding along with patterns and MAs Feeling better about my in-trade management Getting better about trusting my entries when they present themselves Changes to be made this upcoming week: Make sure I only take PB#1, PB#2 or PB#3 trades Rules to stick by this upcoming Week: After I call it a day by either MAX Loss, Profit Target or what I am comfortable with, only use the rest of the day for Chat, Journal, Playbook ect. In-Trade and Daily Stops Do Not chase or revenge trade Make sure I only take PB#1, PB#2 or PB#3 trades Edit: Only one loosing trade before 1100 Challenges for myself this upcoming Week: No pre 5min trading Only A or better setups at time of trade No Voice Chat before 1000 Take a planned break at 1100 for other Bus. @ 0915 do some exercise and then meditate to calm myself Stay unbiased Notes: Rules are not to be broken, these will cost money every time My Challenges are almost as important as my Rules, Pay attention to them If I feel overtired I will try going back to bed and coming back to Trend Trades later.... Goals and Rewards: +10Rs or more at end of the month to consider trading with more size in the future two months +6R for the week