Dima

No. We had moved the meetup to next Friday and changed our reservations at the restaurant, but that time didn't work for Andrew, either, so at the moment there's no organized Bay Area meetup that I'm aware of. If someone would like to take this on, please do so.

Hey all, I'm sorry, but I'm gonna need to pass the organizing torch on to someone else. I'm driving my wife nuts with all these changes in plans, so you guys can either keep my reservation for next Friday (June 1) for 6 pm at Perry's or I can cancel it and you can sort out another place for yourselves. Any preference?

I think you guys will have to just do it without me. Saturdays are hard with family obligations, as are late nights in the city.

Alright guys, change in plans: the SF meetup will now be on next Friday, June 1, at 6 pm. Still at Perry's (155 Steuart St, San Francisco, CA 94105). If Andrew cancels this time, we're gonna just assume he's a hologram because holograms can't fly on planes.

We have a reservation for 9, so feel free to come on by, Davron!

No real dress code at Perry's. I'll be wearing my work attire of a t-shirt, jeans, and a hoody :). Anyone is welcome, but with the focus on trading, I imagine spouses not interested in hearing about float and risk management of open positions might feel a bit left out.

Alright gang, we're all set! I've made reservations at Perry's Embarcadero (155 Steuart St, San Francisco, CA 94105) for this Friday (May 25) at 5:45 pm. The restaurant has a great happy hour menu and a view of the Bay Bridge worthy of our special guest, Andrew Aziz, Ph.D himself, so please show up, try to be on time so that they don't give our tables away to one of the 20 tech startups that will also be there, and bring your trading questions and concerns.

My setup is described in this thread: https://forums.bearbulltraders.com/topic/elgato-stream-deck/

It sounds like mine is set up pretty much like Jason's: I have a toggle button at the bottom-right to go between my Long and Short screens on the Stream Deck. On the long screen: - Buy 100, Buy 200, Buy 400 - Sell 1/4, sell 1/2, sell all The short screen is the same except going short for the increments listed and covering the fraction of my position remaining. I have common buttons on both screens to do functionality applicable to both: - Cancel All (useful when you want to get rid of a limit order still waiting to be executed) - Horizontal Line (great for setting up levels in the morning) - Toggle Chart (jumps between 5 min and daily data view on my main chart) - Switch View (jumps between the DAS tab I use when actually managing a trade and the DAS tab that shows me 6 charts/montages at once; I only trade on one monitor)

Feels great to me. I've never had to memorize a single set of hotkeys, so I think it's well worth the price. :)

Get a Stream Deck. Pretty much the same price and way more customizable with LCDs that can display icons to help you remember what each key does. A few of us have one and love it.

Hey everyone, To provide an update, our fearless leader and newly-minted Canadian (Andrew) has moved back his SF trip by a week, so we're now gonna aim to do this meetup on May 25. Over the next week or two, please reply with an affirmative "yay" or "nay" on whether you're planning to come up to San Francisco for dinner and I'll book a reservation at some reasonable place in the city for that evening (probably 6:30 or 7).

If you're risking $50 on a trade, making $50 on a trade is a fine result. I'd say to use some significant fraction of your risk on a trade to decide what constitutes a scratch/break-even versus a winner/loser.

Brokers normally only charge interest if you hold short positions overnight.

I've always interpreted this to refer to the tendency that stocks have to gravitate toward the previous day close (kind of how people talk about "closing the gap" on stocks that gap overnight). The "red" refers to the current day being red (i.e. if it's trading below previous day close) and "green" refers to the current day being green (i.e. if it's trading above the previous day close); it'll go from red to green when it crosses this line.

Works for me. How about for others?

I can take the lead on picking a place in the city to grab dinner if you guys are up for it. If you're around May 15, we can make it happen on May 15, Andrew! Does that date work for everyone else?

I got in touch with DAS engineers and it turns out that it's not a bug (which I had also assumed it was), but actually a deliberate way to calculate VWAP in two different ways. On the montage, the VWAP is calculated by using every intraday price tick and weighting by volume; this is usually the textbook definition of VWAP and is what pro terminals like Bloomberg use. The graphs, on the other hand, weighting the volume during each candle against a price calculated using the (high+low+close)/3 of that candle. This is why for particularly volatile stocks, you'll see discrepancies across timeframes. If in doubt, use the montage's value.

I love Tradervue, Ryan. I'm on there as dimaspivak and will probably start sharing trades I'm proud of soon, too. Hopefully. :)

You should always have a mental stop of a price at which to get out if your strategy has broken down. That should stay the same regardless of your share sizing, which just means your risk in total dollars could grow as the trade goes on. An automated stop isn't always best since you sometimes see stocks that dump for a few seconds as algorithms sweep out peoples' stop losses, so you just have to weigh that with the reality that every once in a while, a stock might crater instantly and cost you more than you expected. Assuming that you're consistently profitable, those rare cases end up averaging out and being more psychologically painful than anything.

In Andrew's book, he talks about looking at finviz every morning to get some understanding around why a stock has gapped up/down (though he doesn't seem to do this during the morning watchlist build in the chatroom). Do you guys let those reasons influence how you trade a stock that day, or do you intentionally shut out news like that and focus strictly on technical analysis? As an example, if a stock is up big on great earnings, are you apprehensive about going short on a stock if it falls below VWAP?

Hey all, Anyone in the Bay Area interested in meeting up and talking shop? I imagine we may have a unique perspective with all the techies around. :)