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EXAS ORB, MOMO BULL FLAG | FRIDAY 23RD FEBRUARY On Friday I scanned the stocks with the chatroom and kept the same stocks on watch as Andrew (I have been doing this in the simulator, however I guess at some stage I will need to take my first leap and create my own watchlist). The stock I watched at the open was EXAS. It formed an opening range breakdown right at market open. I went short 200 shares at $40.50 and rode the momentum down. I have been in a habit of taking my first lot of profit once the stock has moved 20 cents and then continue scaling out more as the trade goes on; in this case, lowest at $39.27. (If anyone has any idea whether that's the best option or not please let me know). I kept the remainder of my shares as not to get out too early, however on the 2nd 1 minute candle to make a new high, I was all out at 09:37 am at $39.59. The stock moved up towards VWAP and with a bearish engulfing pattern on the 1 minute chart and still a bearish sign on the 5, I went short again. Unfortunately the stock didn't move down and I got stopped out for a 10 cent loss per share. The second stock I traded was MOMO long, which Andrew called in the chat. At 09:33am you can see the stock making a bull flag pattern on the 1 minute chart and on the 5 minute chart, the only opening candle candle was also bullish. I went long and got filled around $33.71. I exited in 2 positions just above entry - as you can see I have a really bad habit of exiting my trades too early. The stock made a consolidation on the 1 minute chart but I should never have got out as it showed bullish signs on the 5 minute and rode above the 9 MA on the 1 minute chart (I've coloured mine light red on my chart so it stands out a bit better than the other moving averages). It continued to go higher and higher all the way up to $34.50! I made a measly profit on this trade while Andrew and others were able to stop trading after reaching their profit target on just this one trade. I did two other trades but they're not really worth mentioning - a quick scalp on HPE as it ducked below VWAP and an ABCD pattern on MYSZ which didn't eventuate from its setup (it's a low float stock anyway which I try to avoid.) Although I was green for the day, I wasn't happy with the way I traded MOMO. Despite my impatience and fear, in the future I will endeavour to wait for a valid exit signal before exiting my remaining position.

AAOI ORB | Thursday 22nd February Right after I got out of AIMT, I saw that AAOI was forming an opening range breakdown (ORB) on both the 1 and 5 minute chart. I have been making the mistake of only trading the 1 minute chart so I have been making a conscious effort to confirm what I am seeing on one chart is also whats happening on the other. With not much time to enter the trade due to it quickly tanking I shorted and got filled at $28.14. I started scaling out of my position but realised that AAOI was very weak and continued to drop and was still showing bearish signs on the only 5 minute opening candle so I held my position. I noticed it start to lose momentum around 09:37 am I got out most of my position at $27.05 (A price drop of over $1 from my original entry) and kept some shares during the consolidation. Once I noticed that it wasn't getting any lower, with two higher higher, higher low candles on the 1 min chart, I got out the remainder of my position at 09:38 At this time, Andrew announced in the chat that he was waiting for a pullback for a good entry on AAOI and I believe him and some of the other traders got in on the action, getting fills around about $27.40. I thought I was done on AAOI but I still noticed massive bearish signs, so based on the 1 minute chart and hoping to hit the low of the day that had already been set with a tight stop, I entered again at 09:42 am at $27.29. I scaled out pretty quickly as I didn't want to give all my profit that I'd made back, but once I saw it was still so weak, I kept my position and rode it down to the new low of the day at $26.52 - a 68 cent move from my second entry.

Tried it this week in Sim. I think there are two problems: 1) The share size becomes an odd lot and therefore adding commission cost. 2) I over invested in single trades instead of adding in. It was silly the amount of fake money I lost. Sorry, but I'll be sticking to my mental BP limits. - Watch position size based on liquidity, price action, and risk.

In the case of ROKU yesterday, the price moved instantly right at 4PM. I suspect some people were trying to front-run, while others had mechanisms in place to interpret the results with blistering speed. I've heard of language programs/algorithms that can parse text to infer whether the results were positive or negative. ROKU closed at 51.10 yesterday. If you look at the price action from 4:00 to 4:10, the price ranged from 43.50 to 54. This is probably because they beat the earnings expectations but provided negative forward guidance. It took nearly 10 minutes for the market to agree that the report was going to have a negative effect on the share price. Companies rarely release earnings during market hours. This is because such big news can disrupt trading and would most likely trip a circuit breaker halt. In fact, some stocks are halted midday when big news is pending, such as a merger or other corporate action. Releasing earnings in the after hours gives the market more time to digest the information and prevent wild swings (since there are less traders, less liquidity, etc.) In a market where every second counts, there will always be participants trying to position themselves before the majority. That could take the form of betting blindly, using technology to acquire an advantage, or straight insider information. Here is an interesting article that investigates some sort of a leak after the Federal Reserve released news which moved the price of gold before it should have. There was a media black out in effect, so somebody managed to pass that lucrative information along.

Alright, thanks! That means at 4:00pm (and not earlier) a company makes an announcement and at 4:01pm the price changes dramatically, seen at ROKU. I assume the companies are not allowed to make such announcement at market hours? (because of market manipulation, etc.?)

Martin, prices move constantly as long as trading is allowed. This is especially true for earnings that happen after the bell. Numerous institutional and retail traders are either buying the rumour or selling the news, even during extended-hours. Pre-market trading in stocks occurs from 4-9:30am EST, and after-hours trading on a day with a normal session takes place from 4-8pm EST When a stock makes our Gappers Watchlist in the morning, it means that the price is +/- a certain percentage from yesterday's close. All of that movement occurred either during after-hours (prior day), or pre-market (current day). As Abiel mentioned above, the market interpreted ROKU's earnings as bearish and this caused a huge sell-off following the release. Market participants drove the price down either via short selling or dumping of positions. Why wait until tomorrow to capitalize on the news? The early bird always gets the worm.

As you may have heard, the monthly cost on Trade Ideas goes up on Feb 15 by something like 20%. Meanwhile, I'm one month into simulated trading and get the majority of my watchlist from the chat room. Nonetheless, I still contemplate subscribing to TI while the monthly cost is sub-$100. The benefit for doing so is long-term, and that's only a theoretical benefit at this point, but in the short-term it would be nice to have access to my own scans. I don't see building a pre-market watchlist from it, per se, in place of what we get in chat, but scans that apply to late morning and on could be valid. I don't need to do my trading early -- I'm at my desk all day anyway, working from a home office, and have been practicing the act of monitoring stocks throughout the day. Thoughts? Dumb idea? Give it to me.

KHC Opening Range Breakout – February 16, 2018 First Trade KHC capitulated in the opening 5 minutes, but I patiently waited for the first candle to close before going short. My entry was 68.51, with a stop above VWAP at 68.95. The target was 68.15, for a risk-to-reward 0.8. During the excitement of the sell-off, I quickly forgot that this was not a favourable ratio and took the trade anyway. The price tanked below my original target of 68.15 to 67.65, but I got greedy and didn't take any profit. The following 5 minutes saw a massive bullish engulfing candle form. I had the chance to get out at break-even, but again I froze. When the price popped above VWAP, I stopped out for a huge loss. Second Trade Immediately after that pullback, I saw a better entry right below VWAP. This time I placed the stop at 69 to give it some more room. My target was the same, at 68.15, for a better risk-to-reward of 2.6 this time. Having learned my lesson from the first trade, I covered at 68.50, 68.15, and 3 times after during another pullback to VWAP. The gains from this second trade almost covered the huge loss from the first. This was an important lesson in trade management. I could have gotten out of the first trade with a profit, or break-even at worst. The market was giving me information that I chose to ignore (at my own peril). Commissions are cheap; I could have easily gotten back into the 2nd trade with a clean slate. Instead both trades resulted in a wash.

Hey Robbie, I'm still learning (who isn't) but here's my two cents: I watch both, but give more weight to the 5-minute. It is what I base my decisions on and what I use to identify strategies (i,e ABCD). Setups are just way more clean. Price action signals like engulfing patterns and higher-high/higher-lows are often noise on the 1-minute. There is just too much choppy movement. I try to use the 1-minute to get favorable entries on pullbacks, etc. It also depends on the speed of the trade; for example a scalp vs. a reversal. In the former, I would use the 1-minute to enter/exit. The latter may take 10-15 minutes to clearly set up, so I base my decisions on the 5-minute. For low floats--which I am avoiding at the moment--the 1-minute provides good signals, but only when the 5-minute is confirming it. The XNET trade above was a good example of bullish 1-minute price action during a bearish/neutral 5-minute setup. Long story short--I could trade purely on the 5-minute, but can't say the same about the 1-minute. You only grey faster basing entire trades on the 1 minute.

Speaking from experience: I recommend you get out of that trade ASAP. I know that sounds extreme, but please hear me out. I made the mistake of holding $10K worth of RAD overnight last summer. My limit was off by a few pennies at the closing bell and I didn't want to exit in after-hours. What was the worst that could happen, right? Next day it opened lower than my entry and closed even lower than that. I thought I'd hold it until break-even or some favourable price. The day after, it popped a bit, but I missed the exit. Finally, on June 29 I woke up to this: Being the stubborn fool I was, I continued holding it for weeks in hopes of some recovery. I searched everywhere for information that justified my long position. Finally, I bit the bullet and sold somewhere around $2.25 for a 45% loss. Definitely not rad, dude. I don't mean to spook you--especially over the long weekend--but never let a day trade turn into a swing trade. You will think of all sorts of reasons not to get out with a loss since you're now biased in one direction. I'm not saying that something like this will happen to you, but as day traders we aren't in the business of holding positions overnight. Our initial decisions are based on very short time frames; the longer you hold the more risk you are being exposed to. Best of luck.

Hi, what you are referring to is a DOM (Depth of Market). For example, Tradestation has a DOM (or 'ladder') called 'The Matrix'. It shows the total number of bids and asks at each price level on both sides. Visually, it's easier to see when there's a large order a certain price level (always at whole numbers and usually at half dollar increments). The Montage or Level 2 (Market Depth) window, presents the same information, but in my opinion, are better. The reason is the Montage (level 2/Market Depth) window, shows each market maker at that price. Rather than aggregating everything at a price like the ladder/DOM does. This is vitally important when trying to understand what market makers/participants are trying to do a different prices.

Here is my setup which I hope you find useful. My buttons consist of 4 for buy and 4 for sell: Notes: BUY: places a limit order with 1/4 buying power and attaches a stop loss at 99% of last price at time of order. Note, the method suggested by Andrew at the very top didn't work for me and I found out that you couldn't attach a stop loss order with qty = position and price= av.cost as at the time of running the command there is no position to start with. So what I did is send two separate orders with one command, both with 1/4 buying power, one buy limit and one stop market Breakeven: It first cancels any pending orders (i.e the existing stop that went with original order) and then places a stop order at average purchase price Sell Half: Assuming you would do this to cash some profit (i.e you are on the profit side), it cancels any pending order, sells half the position, and then places a stop market for half the position at original purchase price. Close: Sells all and cancels all pending orders Same but opposite positions for the Short commands BUY: ROUTE=LIMIT;Price=Ask+0.05;Share=BP*0.25 ;TIF=DAY+;HANDINST=ANY;SSHARE=0 ;BUY=Send;ROUTE=STOP;StopType=Market;StopPrice=last*0.99;Share=BP*0.25;TIF=DAY+;HANDINST=ANY;SELL=SEND BREAKEVEN: CXL ALLSYMB;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos;TIF=DAY+;HANDINST=ANY;SELL=Send HALVE: CXL ALLSYMB;ROUTE=LIMIT;Price=Bid-0.05;Share=Pos*0.5 ;TIF=DAY+;HANDINST=ANY;SSHARE=0 ;SELL=Send;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos*0.5;TIF=DAY+;HANDINST=ANY;SELL=SEND CLOSE: ROUTE=LIMIT;Price=Bid-0.05;Share=Pos ;TIF=DAY+;HANDINST=ANY;SSHARE=0 ;SELL=Send;CXL ALLSYMB SHORT: ROUTE=LIMIT;Price=Bid-0.05;Share=BP*0.25 ;TIF=DAY+;HANDINST=ANY;SSHARE=0 ;SELL=Send;ROUTE=STOP;StopType=Market;StopPrice=last*1.01;Share=BP*0.25;TIF=DAY+;HANDINST=ANY;BUY=SEND BREAKEVEN: CXL ALLSYMB;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos;TIF=DAY+;HANDINST=ANY;BUY=Send HALVE: CXL ALLSYMB;ROUTE=LIMIT;Price=Ask+0.05;Share=Pos*0.5 ;TIF=DAY+;HANDINST=ANY;SSHARE=0 ;BUY=Send;ROUTE=STOP;StopType=Market;StopPrice=AvgCost;Share=Pos*0.5;TIF=DAY+;HANDINST=ANY;BUY=SEND CLOSE: ROUTE=LIMIT;Price=Ask+0.05;Share=Pos ;TIF=DAY+;HANDINST=ANY;SSHARE=0 ;BUY=Send;CXL ALLSYMB

Hi guys, I am getting slightly confused with what my hotkeys are doing! Despite playing around for literally days I still cannot figure it out. I am using the built-in hotkeys on the montage to buy a certain amount of shares and then once I am in the trade I am wanting to add a 20 cent stop loss. My code for the stop loss is : ROUTE=STOP;StopType=Market;StopPrice=AvgCost-0.20;Share=Pos;TIF=DAY+;SELL=Send; However, if the stop loss doesn't get taken out and my trade goes well, I then use the built in montage hotkey to sell my position using the code: ROUTE=Market;Share=Pos;Price=Bid-.05;TIF=DAY+;SELL=Send; What I am finding is that my stoploss is still in place and that if the price of the stock then subsequently goes down after I exit my position, the stop then turns into a short trade!

EBAY ABCD/Moving Average Trend – February 1, 2018 EBAY was on our watchlist after gapping up big in the pre-market. The stock was at new all-time highs (ATH). At the Open I couldn't find any clear direction, until about 10 AM an ABCD pattern was clearly forming. I patiently waited for a bottom to be put in and quickly calculated the setup variables. My stop loss would be somewhere around $45.80 (point C), with the first profit target at $46.50 (point B). If I could get a good entry around $46, then my profit-to-loss potential was somewhere in the neighbourhood of 2.5. I waited for point C to clearly form and then went long on a new 5-min high. On the very next candle, there was a pullback towards VWAP but I held my ground. I could have easily panic sold below my entry, but the price was still above my stop loss. As the stock continued to make higher highs and higher lows, I noted that we were riding the 9 EMA. At 10:30, EBAY dipped below the MA but it didn't close below it--so I held. After riding the Moving Average Trend for nearly 45 minutes. I took some profit at $46.50. I continued taking profit all the way up to $47. When I saw a Shooting Star Doji form at around 11 AM, I sold my remaining shares. The stock broke below the 9 EMA shortly after and trended back to VWAP. Not everyone is comfortable being in/out of momentum trades in 5 minutes or less. This was a great example of using the classic ABCD strategy to gain a favorable entry, and exercising patience during a slow but profitable trade.

Hi Wesley. I downloaded Andrews hotkey setup and I believe that the new figures for the keys are a 0.05 (5 cent) range now as opposed to 10 cents like you have. In regards to why there is a 5 or 10 cent range on the bid or ask? Well because we are using limit orders, if the price of the stock goes up or down really quickly we want to make sure that we can get in or out of the action. If we just bought st the ask and sold at the bid we might not get our order filled. By adding a 5 or 10 cent range to the bid or ask however, we are allowing a margin of price to be able to enter or exit a trade. Now in regards to the implications of what range to have, if you have a lower range of say 5 cents, it means that you might buy the stock at 5 cents per share higher than the current price.cso if the price of the stock was $10.00 and you bought the stock with a 5 cent range, you might get filled between $10.00 to $10.05. If you purchased 100 shares, you may lose out $5 The same goes for selling, when you sell you may sell up to 5 cents less than what the selling price is - so for 100 shares you've lost out potentially twice, $5. With a 10 cent stop which it seems you have, you could potentially be losing out 10 cents every time you enter and exit the trade. The trade off (mind the pun) between a small or large range is being filled or not and paying more for the share or selling for less. I've seen some people on this forum that are using 3 cent ranges in their entries. I'm not an expert but I've kept mine at 5 cents and I believe Andrew uses 5 cents also. Hope this explanation helps mate.

I went through the same dilemma at the start at the end of last year. I was going live in January, TI was running a promo for a full year for $600, that was $200 off their annual fee. So I pulled the trigger. I personally like to have my own scanner for various reasons, I want to be fully dependent on my own in this career so let's say Andrew hits the Mega Millions and stops trading lol, I can depend on my set up for trading not dependent on that chatroom. Also at least once or twice a month I don't log on to the chat and do trading on my own. I can also put it in a place that is better visible to my main screen and then being confined to where the chatroom window is located. If you are still in simulator I would not pull the trigger as I didn't neither, but if you are live or when you do go live I personally would recommend it. Sucks to pay the higher price later but if you are still not sure about trading long term, hold off. Once you are sure this is for you just pay the yearly fee, if is in your budget, this way you don't have to worry about it every month and you are able to save some dollars with the yearly plan. Then just trade our good buddy XNET to pay for it! One more thing, If you do decide to get it, give them a call and see if they will work with you on a yearly subscription deal, ask them if they can match the promotion you missed end of the year. Tell them you were not sure about signing up since you were still in training. Hey, you never know. Carlos.

Hi everyone, Hoping someone can help me out at this is driving me nuts. I want to create a hotkey so that I can place a STOP 10 Cents below my entry price on a long order. So far I click Andrews BUY @ ASK +0.5 cent Button which will buy the shares no worries (Route=SMRTL;Price=Ask+.05;TIF=DAY+;Buy=Send;) My code for the 10 cent stop loss is as follows: ROUTE=STOP;StopType=Market;StopPrice=Ask-.11;Share=Pos;TIF=DAY;SELL When I click that it says "Cancelled sell stop" and STOP replaces LIMIT as the type of order in the Montage. If I don't get stopped out and then click Andrews SELL ALL button (Share=Pos;Price=Bid-.05;TIF=DAY+;SELL=Send;) , it doesn't do anything as the type in the Montage is still STOP. My questions are: 1) Does my code for the 10 cent stop loss look correct and 2) What can I put in the code for the SELL ALL button so that it sells - currently it doesn't do anything. I've tried adding "Type=market" but it doesn't seem to help. Any help would be appreciated. I would prefer to use an actual stop if it is at all possible rather than a mental one as I find with with slippage and my reaction speed that I'm getting out of losing trades too late. Cheers everyone. Robbie

Reason for using this strategy is to trade long because my current Rollover IRA cannot have leverage. Otherwise not shorting allowed. Indicators: 1. RSI (9) 2. MACD (20,9,5) Histogram in black 3. Volume with average volume clicked Levels 1. daily 2. 30 minute 3. VWAP Stocks 1. mid cap (30.00-60.00) When 1. open 2. before 11am Entry -MACD histogram between .02 & .06 -RSI at or below 20 -after a substantial selloff to a major level OK - here is what I have been doing. I am only trading mid cap like Micron or something that may have gapped up with a history of reversals. typically I will find my levels first from daily and 30 minute charts. 5 minutes after the open my first trigger is a big selloff which in turn sends my attention right to the RSI looking for that bottom of 20-25, 20 being much better. As 20 on the RSI approaches I quickly look at the bid/ask spread to see if its terrible or not then focus on the MACD histogram. What I am attempting to ascertain is share size of all things. If the spread is decent and the MACD Histogram is down at .06 my share size is larger than if the Histo is at .02. If the RSI is at say 15 while spread is reasonable, MACD Histo is at .06, and at a major level I go very large - this is your best entry by far. However, most of my entries are Histo .03, RSI 25, and close to a major level. When entering on this average setup share size is not typically large (under 1000 shares) and I wait for the histogram to confirm the move by seeing a decrease of the next bar. One word of advice is that after the entry you should see a move to the positive within 10-15 seconds. If for some reason action is not going in your favor keep a very close watch on the price with your finger on the sell button. It's ok to get out and wait to see if the stock goes lower. My experience is that 50% of the time it will go slightly lower if not going up right away but a continued sell off is minimal. However being paranoid from getting my butt kicked just makes me fell better to exit and wait a little bit. If I exit the trade because of a drop I usually get right back in after the level is established. so far I have a 60% win ratio on just the entry and have only lost money on three trades out of four days positive trading 6-7 times total for the session (in and out is 1 trade taking profit does not count). obviously 4 days is not enough time to see if this is legit but after 26 more days I should have enough time working with this strategy to determine if I can use it live. NOW- here is the hard part. the exit is kicking my butt as I keep leaving trades way to early - average move being 10c-15c-. For instance today $1.00 was left on the table from MU and SQ - not good. I was using weakness in the MACD Histogram to be the exit trigger but honestly that has cost me a whole lot of green. I am starting to think that traditional Andrew stuff is a better way to asses an exit (abcd, volume, vwap, etc). I would love any advice or help with this. Feel free to say anything or ask any question. Although I may have come up with a start to a reversal setup there are certainly others way smarter than me or others that may already use this strategy that have knowledge to offer. In closing - DO NOT VIOLATE YOUR DISCIPLINE - Every time I enter early money seems to leave me. It's ok to pass on moves even if they turn out to be awesome because a good entry will reveal it self shortly. Ken Lewis aka FOMO

I probably am not the best person to offer advice or feedback as I only began following BBT and Andrew and simulator trading since the first of the year. However, I can at least offer my experience and thoughts thus far. Initially I started using the buttons you referenced in the DAS montage, but over the span of the last month I have transitioned to using keyboard shortcuts. Really I suppose if I had to nail down my main reason it would be the fact that I have to take my eyes off of the price action to use the montage buttons. That coupled with the fact that I have to manually type in share amounts, take time to move hand from keyboard to mouse, move mouse... You can still do these quickly, but in this business where I can already tell every second matters, the keyboard hotkeys give me the fastest reaction time I have found yet. I can get in and out as fast as I can hit two keys, or sell half my position as many times as I want all without taking my eyes off the price or moving my hand. I started with Andrews recommended hotkey setup, but soon altered it to better suit my account and preferred position sizes. I will include a screen cap below in case it helps. I apologize for the length of the reply and lack of experience to back up my advice, but I wanted to offer something in response to your query. My limited experience at this time is all I have to offer. I hope it helps! NOTE: OK so it wouldn't let me post a screen cap for some reason, but I will post my main hotkeys I use for transactions in case they are of assistance. Shift + 1: Sell full postion Shift + 2: Sell half Shift + 3: Cover full Shift + 4: Cover half Shift + Q: Buy 2000 @ ask +.10 Shift + R: Short 2000 @ bid -.10 Shift + Y: Buy 1000 @ ask +.10 Shift + O: Short 1000 @ bid -.10 Shift + A: Buy 500 @ ask +.10 Shift + F: Short 500 @ bid -.10 Shift + Z: Buy 100 @ ask +.10 Shift + V: Short 100 @ bid -.10

Put another way, if you do a strict limit order you need orders to fill at that exact price, versus if you did a market order instead in which you'll simply get filled at whatever prices are available, even if it's 30 cents above when you clicked the button.

The VWAP is the average price of all the shares traded since a specific starting time, not the average of the shares traded during the time duration of a candle. The way DAS calculates VWAP by default is from the market open time. So the figure shown on the 1 minute and 5 minute chart is essentially the same number. Like all averages it depends when you start counting, so you may see different VWAPs on other platforms, but DAS is pretty consistent across charts.

Wanted to circle back on this regarding the comment about VWAP. This isn't the same on charts of different timeframes within the same time period. Assume two timeframes, 5-min and 1-min. Also assume the same number of shares traded each minute of the a single 5-min timespan. If price descends $.20 each minute, starting at $2 and ending at $1, the VWAP on the 5-min chart will be the mean of this change, while the VWAP on any given 1-min candlestick will be above the mean, or at the mean, or below the mean. Hence, when comparing between the two in real time, VWAP values are different. None of this contradicts the underlying feedback that levels / indicators used by a trader are an individual choice, but since I haven't been doing this long enough to have personal preference, it's worth clarifying -- for me, at least.

I use the hot buttons in the montage, but I do believe the scripts work the same for hot buttons and hot keys. I have a hot button that does exactly what you're asking. I simply enter the shares into the field in the montage and then click the button. The script for my button is: Price=Ask+.05;TIF=DAY+;Buy=Send; I suspect if you create a hot key with the same script, it should work the same as my button.

Good idea Jason! Today was my second day of sim, I use an xls and a onenote files. XlS has these fields: Ticker Float FloatCat Long/Short Qty Entry price Target Stop Capital Cap. Risk Cap. Risk % Rwd/Risk Ratio Entry date: time Exit date: time2 Exit price P/L $Comisión $Net P/L %P/L Cap R multiple $ at work # W/L Sum W Strategy Reason for success / fail Comment and an Analysis section: Total net P/L Gross P/L Avg % loss on losers Avg % profit on winners Number of winners Number of losers Number of trades Hours spent P/L per hour Total net profits Total net losses Total % gains Total % losses Risk/reward ratio Expectancy The onenote file has these sections: 1. Overview of the end of trading day: Account, Trades and P&L (screenshots from DAS Trader) 2. Premarket routine: wake up time, brief notes on excercise and breakfast, start time in DAS, stock research, watchlist 3. Trades: detailed notes on my trades: strategy based / impulse based / chatroom call, why did I trade the stock, did I recognized pattern /strategy, reasons to fail / success and DAS screenshots 4. Learnings / insights

Question for you, how do you set up the daily level lines (highs & lows) on the chart? dotted orange lines Those are just regular the price levels (HorizontalLines) we add every morning while building the watch list.