I'm new to BBT, and have been simulating 5-min ABCD for the past month. Hope someone could help me with these questions, thank you! If a stock has been trending up on the daily chart, but trending down on the intraday chart but you see consecutive green candles, can you still trade ABCD going up? If there are multiple green candles going up but one red candle in the middle, where do you start counting A? Regarding confirmation, if the candle pushes past D, do you wait for the 5-min candle to finish before entry or do you enter right away? What if D is close to 9EMA but extended from VWAP, do you still enter this trade? ~ Nick

My goal is to show all my trades using common strategies like ORB, double and triple bottoms, ABCD, etc. The daily goal is 2R. Trading hours 9:30 to 10:30 am approximately

During my normal knowledge accumulation, found the below video. Best overall explanation to-date of volume/market profile and how to tie into ur existing trading strategies. Personally I do not use, but think it would be great to share in community a presentation that is no fluff, no sales pitch, no BS, to the point education. Enjoy.

TL;DR: Here are some sheets with concise information about strategies members of BBT use. Shoutout to the mods and contributors for the information for these strategies. After watching Peter's amazing presentation about his 'Mountain Pass' strategy a couple nights ago, I put together an information sheet with the setup details similar to ones I had already created for a few other strategies. After putting together the Mountain Pass sheet, I decided it, among the others could be useful for my fellow BBT community members for any of the following reasons: You could use them for your playbook. If you like the layout, you could use them as a template to make your own information sheets/playbook. They could serve as a tangible, concise, introductory resource for beginner traders, who are new to these strategies. The strategy information has all been taken from the education center, success webinars and Andrew's books. I take no credit for any of the theory behind the strategies or any of the images. All credit goes to Andrew, Carlos, Peter and Hiltzy for laying out the strategies so well. I plan on doing more of these as I expand my playbook to include strategies such as Rising Devil, Fallen Angel, 1-Minute ORB, etc. So I will share those in this thread as they are made. If you have any comments, criticisms, or if I have information wrong about any of the strategies, let me know and I can make some adjustments to the sheets. Also, if you have your own playbooks / strategy resources you'd like to share, you can do so in this thread, I'd love to see what you've done. Note: Some of the information, particularly the rules such as "Place stop losses at technical levels." are notes I've made to myself based on results I have found. Some of these may not apply to you individually. Here is what they look like: The files for each strategy will be posted below.

Hello. I have been trading since March 2017 with up and downs (sometimes in a real account and sometimes in the simulator). I was member of Vancouver traders (now BearBullTraders). I have started to be more consistent in the last month. I am a part time trader. This is my contribution for new traders so that they can learn from my mistakes. I recognize that everybody has a different path but you can learn something from everyone. Andrew has teach that to us in this community and it is very true at least for me. Keys for my success: 1. When i find Andrews' book. That one change my day trading from low float stocks to medium or high float ones. Besides introduce DAS. I read the book twice and never understood the basic strategies that he explain very well but for some reason took me years to learn them in front of the screen. It is very important to understand those strategies and learn the best entries (For me the best entries are close to a MA, daily or Pre Market level and VWAP. For this levels at the opening works at the close of the 1 minute candle, later in the day is better to wait for the pull back) https://www.amazon.com/gp/product/B012C4AU10/ref=dbs_a_def_rwt_bibl_vppi_i0 2. The hotkey script for always risk the same amount of money. This script change everything for me because i was calculating live the amount of share that i have to take to meet my risk but a lot of time i was buying the wrong amount . 3. Class 5: Risk Management. https://bearbulltraders.com/lessons/class-5-risk-management/ Mainly the part where it shows that you can make a lot of money with the 1% or even 0.5% of your equity. 4. When i really understood 1,2 and 5 min ORB and that i have to get an entry close to a level or MA or VWAP for better risk reward. 5. When I learn from Thor Young (Thank you so much) that you can earn a lot of money with only one or two stocks. His introduction to us of the VPA and VAP helps a lot too. 6. This video of naked price action helped me a lot 7. to be continued...

Hi Guys, Pretty new here. Really enjoying the learning curve. Although it is overwhelming at times. If any newcomers are interested in starting a WhatsApp group to share ideas and learn together feel free to add me: +97470243682 Interested in sharing strategies and discussing trading with some like minded people. Anyone a little further in their journey feel free to get in touch. I'll set up the group as people get in touch and we can take it from there. Let's limit it to 3-4 I think. Look forward to talking trading.

I know that Andrew tries to enter his ORB based on the body of the 5 min candle and not the extremes of the candle wick. This seems logical to me based on the fact that this is where the candle has closed. That being said, I know of another successful trader who enters his ORB's based on the end of the candle wick, sometimes resulting in somewhat overextended entries but possibly more confirmed ones? I know there are a million different ways to make money in the market if anyone has any constructive input on this I am sure it might help the community a lot.

Fernando's Low float blog post 1 Good afternoon guys, I would like to start this thread to discuss some of the strats, rules, psychology, recaps and so on in the low float world. A Lot of our guys are interested in low floats and some of the other guys would like to learn to be more well rounded; whatever your reason is to read this "blog" I hope it helps you in a positive way. Today I want to touch on some basic rules and set ups I use everyday. Because of the nature of small caps you have to set up rules to minimize the risk that comes with trading low floats. Let's highlights a couple of those: - Recognize your strengths; accept your weakness: Off the bat low floats are not for everyone. It is a fast, high risk, niche type of trading, if this type of trading does not fit you style it's okay to find something else, don't force something unnecessary. It will save you money and stress. I eliminated all other trades, setups and stocks that I don't do well off my playbook, I only trade what i'm "good" at it. An example of trades I wrote off my book are pre-market high break. I have more losses at this strategy than winners, so why keep doing it? After recognizing if low floats is your thing, develop a play that you see success and stick to it, develop that, make it better everyday, polish it. My favorite set up is a bull flag or first candle to make new highs, well go over that with more details soon. - Don't chase; avoid FOMO: Low floats can run points in a matter of seconds, literally seconds. One of my biggest rules is to wait for a pullback regardless if the stock is moving 3 points without me. Sometimes these pullbacks happen inside a one minute candle but for the purpose of this rule lets keep it basic and say that is a more well defined risk to wait for one or two candle of pullback before getting in. This pullback will give you a more well defined "bottom" or stop loss and a better entry, minimizing your risk. - Wait for the set up to form; don't guess: Lots of people like to trade low floats because of its range and potential for a big reward, but thats is also true for a big loss. My next rule is to wait for the set up to come to you. Do not anticipate a move too much unless is obvious, but again for the purpose of this thread let's not anticipate anything and keep it simple. The most used set ups in low floats are "momentum break", "first one minute candle to make a new high" or a bull flag/ABCD, so wait for the set up to form in front of you, don't "guess" is the right time to get in, you can visualize the setup forming in front of you and than get in with confirmation of volume, order flow, level two and so on. - Tight stop; make it or break it: A important rule that helps me a bunch is to keep a tight mental stop. Low floats are trades to be done at a breakout point, if you don't get instant resolution at that point, than you better off exiting the trade with a small loss or break even and getting back in another time. Remember, the same way the stock skyrockets it can plunge like a rock. Breakout point is the key word. Those are simple rules that you can apply in your trading routine and hopefully will help you somehow. We'll revisit rules, pointers and more on upcoming posts, now let's break it down a basic strategy that I use everyday. On the picture attached we have a crystal clear set up that defines the basics of the play. $MTSL popped up on the scanners last week, so I went over my process to see if it was worth it: -Volume (check) - Daily levels (check) Intraday activity (check) So $MTSL made a pretty decent move from 1.70$ to 2$, in this play we need a strong move upwards to show us strength with decent volume on those candles (#1 and #2) so than the waiting game for the setup to form started. After the strong first push we have a really "weak" pullback to the vwap. When I say weak pullback im referring to the volume, play close attention on how much less volume we had on the pullback (#3, #4, #5) that tells me that people are not just yet interested in shorting the stock, most likely we have traders taking profit, also we have the vwap and 9EMA around that area, that gives me a well defined risk and some sort of support. My next step here is to look for the breakout point and that would be the 1st candle to make a NH (new high) with confirmation of volume, lvl 2 and tape. I got in around 1.95$ when I saw volume picking up (more than we had on the previous pullbacks), level 2 looked good, so did the tape. Volume is another indicator that I use to confirm a breakout, on candle #6 we can see that spike in vol. My first target was 2.15$ and the rest for a bigger move or out BE (breakeven). Like mentioned before, this is a very basic concept of low floats, that offers better risk management when trading those stocks. As you progress in the "World of low floats" you will develop into more advanced trades by getting lots of screen time and experience. The important thing here is to follow steps into developing as a trader. You don't want to jump in with 1000 shares on your first trade or maybe don't even try these out live right away. One last tip for todays post. Don't skip steps in learning, there is no magical shortcut, only hard work. If you are a beginner, embrace that. learn the basics, the patterns and than move into a simulator. Be a master of your tools and execution. Than start small. After all that stop losing alot of money, lose less, get to break even, make a little, than make more. Aim for consistency Understand that trading takes time to develop, be very meticulous with your learning experience and put all you got into learning (not all your money, just all your efforts). If you are serious about trading, you will need to work hard, it's not a game for everyone, but you need to give it your best shot to find out if its for you. The markets is a "eternal learning experience" and we all learning here. Hope this post can help all of our members in a way and looking forward to post more Best regards, trade safe and follow your rules. Fernando Duarte ps: Pardon any grammar mistakes, this is my second language.

Hello, (Back to Real Account) I opened this post as a journal of trying to grow a small account ($3,000). I failed mainly because big losing days that erase all the profit. Another thing that i learned was that is very difficult to trade with a small accounts when you trade a lot of stocks between $50 and $150. I think a small account like that could work for stocks between $3 and $10. My new plan is to go back to simulator and test a $10,000 account with 6:1 leverage ratio. The plan is trade only the following strategies , that works at the open. Risk: $80 Reward: $160 Daily goal: $100 (1%) Max loss (daily) : $160 Strategies: Strategy 1 (VWAP strategy). Stocks in play (gapper 3% or more in any direction). Plan: Wait for the first three minutes. Watching the 1 min chart, if one candle cross the VWAP try to buy (or short sell) close to it, the stop loss is a few cent below( or above) the VWAP and the first target would be at one of the pre-market levels. The final targets can be defined by the levels in daily chart. (you can watch plenty of examples in this thread) Notes: a) The first minutes of the market open is very volatile, it is a good habit to keep your hands on the hotkeys to take profits or to sell (or cover). b) It is very important to buy (or sell ) close to VWAP because of the risk reward ratio (1:2 at least)