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Angela Kuzeva

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Angela Kuzeva last won the day on December 18 2022

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About Angela Kuzeva

  • Birthday September 17

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  1. @DollarBill Yes, my point is that you can subscribe to DAS SIM only through BBT without the need to pay for the live version of DAS PRO and linked it to your brokerage account. DAS provides fully functional Simulator platform, identical to the one which you will trade live.
  2. I use the default study and shows the ATR (average) for the last 14 days on daily, on 2 min chart will be the last 14 candles. On daily when the ATR is pointing up means stock is trending, expanding the range. When flat, not much activity so I am not expecting outsized days. If you want to see the ATR of the previous candle you can change it to 1 in the study and it will show you the value in $ for only this candle. If you want to include last 30 candles for example, you change it to 30 in the study. The shorter you make it, the more difficult to read it as gives lots of signals. You can also see the spikes in the ATR line on the shorter TF if you plot it on you chart (the volume section), which you will read as increased volatility and you anticipate breakout or near reversal point based on the price action, volume candles, where is the stock on the longer TF. I don't use it this way, but it is another way to look at ATR and use it in your analysis. The easiest way is to use the daily ATR and % of the daily ATR for a SL. In some stocks like $TSLA your SL could be 1$ and in not so volatile stocks could be 0.05$. It always reflects the volatility in the stock, if trending ATR will be increasing so is your SL. That's particularly useful at the open not to be stopped out all the time and later in the session to capitalize on tighter stops and better R: R. I also keep wider stops for wicky stocks like $ABNB, $COIN for example.
  3. In live account you pay extra for ARCA book if you want to have it, everything else you have in your DAS SIM, you will have in your DAS PRO. Replay doesn't work during the trading session; what I mean, you can't download data for stocks and replay it during market hours, it is only outside market hours. Replay is a great tool to replay your trades after the market closes. During the trading session you can trade in you SIM account with live data, exactly as you are going to trade in your live account. There is absolutely no difference.
  4. Actually, the ATR gives you exactly this information. It measures the current volatility of the stock. If you put the ATR study on 1 min chart will give you the average range for a 1 min candle, on 5 min TF will be the range of the 5 min candle and so on. The daily ATR gives you the information of the average daily range of the stock. For example, if the stock made 100% of its daily ATR it is not wise to go long but start looking for a reversal. ATR doesn't stay permanent, when the stock is in play and makes bigger moves, it is reflected in the ATR so your SL changes. Another way to use ATR for SL is by time of the day, for example beginning of the session is volatile your SL can be 10% of the daily ATR, later on the day when the volatility goes down you can have tighter SL. You also must consider the spread in you SL calculations. Parabolic SAR is another study which you can use as a trailing stop. You can use it for SL, but this will be a wide SL if this is your style. The problem with most indicators is that they work in certain markets and don't work in others. Parabolic SAR is great in trending markets and not in choppy markets.
  5. You can have DAS SIM when you decide to try the strategies. It is advisable to trade in SIM, get screen time and develop a strategy before you trade a live account.
  6. Yes, there is a replay in the DAS SIM. You have T&S but not L2. Replay is also available if you have live account and DAS platform, it is part of the package.
  7. I also vote for Shimmers in Mina Al Salam and One& Only Sidharta Lounge at Grosvenor house, outdoor terrace but not by the water
  8. Hello, Trading is all about process and consistency and money follows once you focus on the process. Saying that you must test these strategies and find out for yourself. Andrew is a momentum trader, you may be also a momentum trader but may be you are not. Strategies work for him because he has traded them for years with a positive outcome. He has high win rate because he has developed the skills, the price action understanding and recognizing his edge, acts without hesitation and executes his plan. They have high win rate for him and he trades them every day in the room. So the strategy is just an edge on the market, it is nothing else than an indication of a higher probability of one thing happening over the other. You must test it yourself as we have different personalities and see the market in different way. That means you must trade one strategy for a couple of months and collect data, and see which one works for you. This is where you develop your trading skills and find your edge. Your results with each strategy will show you which of them you are good at and which are not for you. From there you take those which work for you and continue to perfect them. A win rate alone doesn't mean you will make money. You must track pay off ratio ( av. winners / av. losers) too. A 50% win rate with 1 R pay off ratio = Breakeven. You will be losing money below 1R and make 20% profit if your win rate is 60%. You may have 30% win rate but your pay off ratio is 3R, you will make 30% profits in this case. Trading is a number game and strategy is one of the variables, and you must test it for an extensive period, a 100 trades will not tell you much because market goes through different conditions and sometime your edge is not presented, so you sit on your hands in these days and preserve your capital. Or you are not seeing the market properly for different reasons at this time and you must find it for yourself what is the problem and adjust it. That's why tracking all your trades, journaling them are important and part of the process. So if you are starting just now, pick up one strategy which clicks with you and trade it for 3-4 months, track your trades, take screenshots and review them later and the results will slowly start to emerge. This will be your results with the strategy.
  9. I have tried Camarilla and I still like them on SPY as they are quite precise if trading SPY. The thing is that this play is not every time when the stock hits these levels. It is a play based on the relationship of today's daily range to the previous daily range and where the stock opened today in relation with the Cams. I also think that daily matter in selecting stocks to play off Camarilla levels but I don't have advice here as I don't trade them. I found myself more successful trading off levels and patterns I see on daily and 60 min. I use a top down approach from weekly to daily to 60 min and lower TF and I am aiming for a bigger move. Identifying the exact criteria for entry and exit is the same criteria for reversals as S3/R3 is a reversal strategy. For short could be parabolic move into a level, reversal candle, volume, extended from 9 EMA on 5 min, T&S signals or a pattern formation at level - double top, tipple top H&S, drying volume at the top, T&S, cross over of 9 & 20 EMA on 1 min. Watch the reversal webinars in BBT education center - there are many - parabolic, extreme reversals, mountain pass.
  10. I agree, I am commenting on current chart entry and SL. and not on the quality of the set up. It is mentioned as a VWAP strategy and I made it clearly I have never traded.
  11. Wait for the candle to sell off first and after that breaks the high of the previous candle. You may enter at this point. I assume you are entering on the 3rd green candle after the red one. If you play early in the session, the stops must be wider because of the volatility and the size of the candles. You may have the set up on 5 min but it is preferrable to enter from 1 min chart for better R:R. I still think the best entry is the break of the consolidation, which confirms the price action to the upside and entry on 1 min. The consolidation at PM above price action is concerning as it will act as a resistance if the stock is not strong enough to go through. But honestly I never traded VWAP strategies and I see it as break of HOD. I usually have stops on wicks or bodies of the previous candle depends on the time of the day, the strategy and size of the candles, I trade mainly breakouts and parabolic reversals. There is no guarantee that I will not be wicked out to the penny but if I am convinced in the set up, I re-enter. Also some stocks are more wicky than others and you need a wider stop for them. Last week volatility was high, so expect wild price action and wide bar candles and most stocks trending with SPY. So VWAP as a technical SL works but you also have to consider market environment, stock you trade, time of the day and size of the candles to adjust your stops.
  12. In my opinion it is not possible to avoid being stopped out unless you have a very wide stop but this will not do you a favor as your R:R will not be good. And still not a guarantee because this is very early in the session and you don't have enough data information, it is still price discovery phase. Yes there is volume bar which may suggest a push up but on the second bar after the pullback everything can happen. it can fake break and go down as it opened lower. It can go to PMH and go down. You must look at longer term TF and trade with the long term TF trend. For me the trade would be after the triple top on the opposite direction if the daily and 60 min support the downtrend hypothesis. I would not try to catch a short term pullback on 1 or 5 min. There are few things I can suggest: If catching this pullback is your strategy, you must define rules where to enter and where to put your SL and follow them. Track the results and adjust based on the data, let's say 100 trades. I would look at placing SL: below the wick of the previous candle, that's risky and you will be stopped out many times and works more for parabolic reversals than catching trends below the last swing low below the body of the previous candle below a level once it confirms that it holds In this particular scenario, I personally will enter on the break of the HOD and put my SL either below the wick of the candle which breaks the high or few cents below the level. If I get stopped out, I would re-enter once the price goes through my previous entry and keep the same SL level. I will try only two times. But I would do this only if I have a trade book for this trade at the open.
  13. As previously said you need not only a set up but also an entry strategy, and trade management strategy including you target ( a level, MA or 3R) where to partial, do you move SL to BE or you partial at 2 or 3 R and then you move your SL or it could be all or nothing ( 3 R without moving SL.). The goals at early stage is not how much money you make but getting familiar with the platform, defining a trading process , get enough screen time, learn price action, L2 and T&S, identify which set ups you trade the best and which you are not good at and scratch them, building a journal and sound review process. Money comes naturally once you master the above. We all start with the mindset of the outcome but in trading the process oriented approach is the way to success. You are not doing wrong, it is a learning curve, you enter in a good trade, couldn't manage, so now your improvement goal will be to define exit and partial strategy. Don't expect to be able to hold the entire move, it will take time, we all start scalping and shorter TF and once we get some experience we move to bigger TF and look for set ups there to get the bigger moves. Don't beat yourself. You did it great! I couldn't see any set up for much longer than 3 days when I started.
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