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Brendon

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Brendon last won the day on November 25

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About Brendon

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    Brendon D.

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  1. Brendon

    Show us your set-up!

    Martin I got you covered https://www.amazon.com/gp/product/B075FP5RBL/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 I miss the simplicity, then work your way up to 6-8 screens as you can filter the data.
  2. Yes please tell us which you prefer, I prefer having the actually screen separation, like 2x24 or 2x27 side by side, and have quad chats on each. An ultra-wide wouldn't benefit my style, but show us your chart layout!!
  3. Brendon

    Stream Deck to Manage Risk

    New Deck keys.txt Hey Kevin, please see the attached, sorry it's a little late, hopefully you can still reference the file! *I would of attached my icons but apparently the Windows Disk cleanup program cleared my download folder (i bet some windows update had that auto selected) so I have to remake them all at some point.
  4. Brendon

    Stream Deck to Manage Risk

    Hey Kevin, yup that looks good for hard stops on the long side, you can add, ACCOUNT=(enter your sim account), into the script to test these keys before live just because there are so many you may of fat figured one. What I want to add next is a [Short SSR] folder for scripts that short on the ASK and not the BID side, it would look exactly the same as my SHORT folder just with different scripts. Let me know how it is going, I'm still working on a more polished tutorial but it seems you have the gist, great! Yeah the Deck is really a life saver, it makes the process mechanical and removes 90% of the emotion out of trading so we are trading the technicals and not our 'hopes it will turn around'. Not all of us have the boss's discipline nailed down. "Changing your stops on the fly is the most dangerous decision a new trader can make."
  5. Brendon

    CME Group - Review After 3 Months

    About 4 days max I think, sometimes really fast 1-2 days I had it happen. No issues and I did maybe 3-4 wire transfers. All online.
  6. Brendon

    CME Group - Review After 3 Months

    Hey nostalgiaguru, I am not sure if closing out SSR positions has improved, word on the street is that it is still an issue. So I just dont trade SSR with CMEG too often. I haven't had an issue in many months with closing out positions since. I guess I found my own solution Hi, Jramosent, I use Chase as well for wire transfers to CMEG, just did a transfer last week with no issues, if you want to post a s/s of your recipient information here I can see if it matches mine. I set it up online not at a branch.
  7. Hey All, Check out my really rough video on how I currently use the Stream Deck and a simple grid print-out to manage risk and share size. Polished version coming soon! Let me know if this is any help. https://drive.google.com/open?id=1Jzd8pXp0afvFEFZhG8d7mcCiwIF38li8
  8. Hi Bart, I haven't used your journal yet but am very excited to do so. Question, so we should use that same link http://daytradearcade.com/trading-journal2/ to get the latest version every 3 months? Also if it expires with our data in it, is there a way to migrate that data over to the new journal or do we need to start a new one? Thanks!
  9. Brendon

    SF Bay Area meetup?

    Hi All, I am not sure if I can make it over there tonight, I thought it was Friday Between getting up at 5:45 and hustling to the cube all day it may just be too much during the week. Just got back from the East Coast yesterday actually so a little beat up. If I don't make it I hope you all have a great time and post pics.
  10. Brendon

    Price action of Stock match the Market

    Hey Nick, I will drive into what Rob H. said in chat. When the market has serious momentum in one direction or is volatile it tends to push other stocks around, now this is not always the case. But when that does happen the stock is no longer in play and trading independently. You have to use extreme caution if you decide to trade stocks that follow the overall market. They are susceptible to erratic swings due to any type of press releases throughout the day (i.e Trump burps). So keep MSNBC on in the bg. A strat to use, really the only one I can think of is paying close attention to historic and intra-day price levels on the SPY or whichever indices the stock is following...and scalping. You can definitely trade them but don't overstay your welcome. Some of the time a stock will run towards it's own significant level that syncs with the market, say a 50sma daily with the stock, and a 20ema with the SPY, that can happen. Keep those charts up and glances your eyes back and worth. More or less double the work and riskier by nature. -B.
  11. Brendon

    ‘Reading the tape’

    Hi Gordon, I have not read the book yet, but have heard good things about it. My thoughts on reading the tape are this: The tape shows what actual orders have gotten filled vs looking at the L2 which are the limit orders that are there waiting to be filled. So the L2 is a before picture and 'the tape' is the after picture. Let's say you are looking at the L2 and orders are stacking on either side, say 10,000 shares are at the top of the ASK side, you would see the number '100' sitting there. If it decreased to now 50...just by looking at the L2 you do not know if aggressive buyers were buying on the ASK or those placing those 100 sell limits orders jumped to sell on the BID side before the priced broke down. Thus the term Andrew uses in his classes 'Aggressive Buyers' buying on the ASK or 'Aggressive Sellers' selling on the BID side (not sure if he uses the later term). Now you can have sellers on the ASK that believe the higher price will come to them and are in the middle of the L2 and not aggressive buyers who believe the price will come to them on the BID side bringing the price down. I keep my tape color coded to show Buy and Sell orders filled AT, ABOVE, and BELOW to show if those are aggressive buyers or sellers. In short it helps show who is in control. Also shows that were is order flow with the ticks of every order. You do not want to trade a stock with no order flow, so look for a tick of an order filled every second or so (shows good order flow and liquidity). Hope this helps! -B.
  12. Brendon

    SF Bay Area Meetup

    Hi All, Looking forward to this meet up! I am a couple hours away in Sacramento, do you think we can push this out by an hour, say starting at 7:00 PM. I am still on the 9-5 grind out here and can't really squeak off work too early. If not no big deal I will try my best to make it. Thanks, Brendon D.
  13. True, 500ms is a little high for bounces, im in Sacramento and usually don't spike over 100ms too often (Xfinity). But then again I am not constantly checking my ping... DAS does freeze for a second or two from time to time, freaks Andrew out lol, and that could be what you're experiencing as well, we all get that (just DAS hangs) or that could be something different. Sorry not much help here. I don't know if bootcamp helps any either.
  14. Brendon

    Show us your set-up!

    Hey guys, I will try to make a tutorial video on my hotkeys for the streamdeck asap. I have updated the software and had no hiccups. I plan of making a combined video showing how I manage risk, share size, hard stops, all with hotkeys on 'deck'. The only time my strategy starts are become difficult is when the stock is moving too quickly to place appropriate stops (takes about a 1 or 2 second delay) at the technical levels so I am selective in what I trade.
  15. Brendon

    Help! Losers way bigger than Winners!

    Hey George, I was in your shoes not too long ago...actually worse shoes because I often let the trade run against me until it came back so I could get out. Worked 95% until it doesn't and your loss cripples your account. Anyway you should at least look for 1:1 R/R 2:1 is optimal. I don't so much have a fixed $$ or cent risk per trade but a max loss of 1% of my acct per trade. Say $50 risk out of a 5k acct. That 1% potential loss determines my share size I can take. Carlos is right about working on entries, you can so easily be stopped out on a great setup but your entry is just off, especially in an ABCD pattern, be patient and try to get a solid entry on a pullback so you wont stop out as often. If you miss the pullback, let the trade go. Catch the next one. Pass up other setups that just don't have the reward. Take 2-3 trades but fish for the best setup you can. If it helps post your trades in the chat and some of us can give feedback. Try that and see how you do after a week.
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