Dan m Trading Journal

[Daniel Meakin 96]

7/8/19

after my horrible day yesterday i went and caught up on the wednesday workshops ive missed over the passed few weeks and they have been helpful. i havent been taking proper set ups so im now going to start recording how many winners i have for specific strategies and hope that will keep me only taking good setups and give me an idea of what im better at.

 

feel really happy about today, only took good setups 

6 winners 

4 losers

Trade 1: 5 min ORB, the red candles had much lower volume than the green so i went long just below VWAP with a tight stop and turned out to be a perfect entry and a nice trade.

 

Trade 2: DIS looked weak and looked like it was doing a false breakout so got in on a pullback to VWAP but stopped out, slightly missed my stop but not by much.

 

Trade 3: CVS was respecting the 50 in the 5 and saw it bounce off the second time so went long, got a nice scalp at VWAP then out at b/e.

 

Trade 4: ROKU broke VWAP with volume so went short on a slight pullback for a reverse ABCD below VWAP but stopped out.

 

Trade 5: WW was strong and looked like it was bouncing off the MAs so went long for a scalp then stopped out at b/e.

 

Trade 6: this looked like the start of a reversal making lower lows so went short on a pullback but stopped out when it made a new high.

 

Trade 7: it then couldnt make a new high so went short for the reversal with small size at first then added on the way down. i knew i was going into support so got out early and actually got the perfect exit.

Trade 8: DIS was strong and bounced off a lot of MAs so went long and took some good profit before i stopped out at b/e.

 

Trade 9: CVS was strong and dropped suddenly so i went long for a move back up but stopped out below the MA support.

 

Trade 10: i really liked this trade. CVS was strong all day and came down to VWAP, i expected a bounce and got a perfect entry just below VWAP. got one nice partial and brought my stop to b/e but i was really patient with it, saw a pendant form and waited for a breakout then just waited for my 2R then 3R for final exit.

 

Really good day for me taking good setups. Happy Dan

[Daniel Meakin 96]

8/8/19

feeling good today, finally getting into a good routine with gym and eating well and generally getting my shit together  not to mention i got a new mattress which did wonders for my sleep.

really over traded today. realised i have a long bias toward ROKU because of a day i traded it a while ago and made loads of money, and it cost me today.

1 winner 

7 losers....

not great setups.

Trade 1: missed a good entry for a 5 min orb on ROKU, twice but didnt screenshot the second one.

 

Trade 3: this was actually a nice trade, guess its a 15 min ORB. in on a pull back, partialled at the right times for my rules and made exactly 2Rs which made back my previous 2R losses.

 

Trade 4: this is where i start to go pear shaped. i dont like ROKU ive decided. thought it was aboutto break up dont really know why. stopped out

 

Trade 5: thought id try for a long on a pull back on  a strong stock but didnt work out.

 

Trade 6: and again...

 

Trade 7: looked like a nice trend forming so got in after a long low wick on the 1 min, got 1 partial then stopped out late so gave it all back.

 

Trade 8: this is me just being stupid dont even wanna talk about it. thank god for sim

[Daniel Meakin 96]

9/8/19

Feel pretty good today despite yesterday. not much to report.

And had a reeeally good day, took perfect setups and was very patient.

i think wednesdays and fridays are my good days

6 trades:

3 winners (ABCD, ABCD/VWAP bounce, wedge breakout)

2 losers (false breakout, trend trade)

1 at break even. (ORB)

Trade 1:5 min ORB on AMD, got in before andrew though so i wasnt blindly following. had a nice entry on a pullback and got 1 partial then stopped out at b/e.

 

Trade 2: FTCH very weak at the open, looked like a VWAP reversal then a false breakout was happening so went short below VWAP but stopped out. still happy with this trade as it was a proper setup.

 

Trade 3: UBER was consolidating then punched through VWAP with volume then started consolidating. kinda like an ABCD i guess. got a great entry and partialled all at the right Rs for my rules.

 

Trade 4: looked like the start of a trend trade so i tried to go short after a pullback but stopped out above the 20 on the 1 min. these usually dont go my way until later in the day, need to remember that.

 

Trade 5: kinda the same trade as i took on UBER before. it came down and bounced off VWAP so i went long when it looked like it was losing it then patiently waited for my partials.

 

Trade 6: this was my favorite trade. NKTR i was gonna get in and then it started running before i entered and it ran for $2 and i didnt chase it which i was happy and sad about. but later i saw this ascending triangle form, i got in near the bottom of the triangle to reduce risk and waited for it to pop, it did exactly what i thought and i was so confident i waited and got much more than my 2:1 Rs out of it so i was very happy.

 

Really good day overall. hopefully many more like this to come.

[Daniel Meakin 96]

12/8/19

bit of a heavy weekend, but tried my best to catch up on sleep with a lie in this morning so feeling ok but not 100%. Still looking forward to trading more and more. Had a nice feeling when i woke up on saturday and got a bit bummed out when i realised i couldn't trade that day just proving to myself that i am enjoying this journey.

bad day today, just nothing going my way, but didnt do too badly in terms of my rules.

1 winner (5 min ORB)

5 losers (5 min ORB, VWAP bounce, Wedge breakout x 2, ABCD)

Trade 1: pretty simple 5 min ORB on MU, stopped out below VWAP

 

Trade 2: once it came back above VWAP after bouncing of some support i went long again for a nice trade.

 

Trade 3: It sold off a lot then looked like a VWAP bounce but broke VWAP and i stopped out.

 

Trade 4: thought i saw a wedge form so went long, got 1 partial then stopped out. this stock was moving really weirdly and shook up my psychology quite a bit.

 

Trade 5: basically tried to take the same trade again, again with 1 partial, then i had a stop loss order sent but when it triggered it didnt actually go through because the stock was on SSR? so took quite a hit on this trade

 

Trade 6: looked like an ABCD pattern about to break up so went long, but went against me and stopped out below the support.

 

 

[Daniel Meakin 96]

13/8/19

hit the gym early this morning and had a tough workout so feeling kind of exhausted so hoping i dont do anything stupid but feeling good still and keen to get started.

Amazing day today, although i think most people had pretty good days today, market was on a tear.

5 trades: 4 winners (ORB, False breakout, wedge breakup, trend trade)

1 loser almost winner (pullback on a strong stock)

Trade 1: i traded within the first 5 minutes but i was just so confident so making that an exception to the rule. I put in an order so waited for the price to come down to reduce my risk, got an amazing entry and got a 5:1 on roku. almost doubled my target for the day but as im getting close to going live i carried on trading.

 

Trade 2: This looked like a perfect VWAP false breakout. waited until it came a fair bit below VWAP and went short with a large share size, took partials quickly and got out at b/e.

 

Trade3:  This was my only losing trade, but i shouldve kept original stop at below the wick of the previous candle, if i had this wouldve been a big winner. JD was strong, waited for a pullback and confirmation of a bounce and went long. unfortunately stopped out too early.

 

Trade 4: saw an ascending wedge, went long near the bottom of the wedge to reduce risk, and waited for a breakout. got a couple partials then stopped out at b/e.

 

Trade 5: MU i think i noticed a trend, waited for a wick, went short after it formed, added after the next pullback and turned out to have a really nice pop. once it lost steam i got out the rest, just in time because it shot up after i got out.

 

Brilliant day for me overall, more than tripled my daily target.

Edited August 13, 2019 by Daniel Meakin

[Daniel Meakin 96]

14/8/19

feeling rough today, think im getting a cold so didnt sleep well. had to take a quick nap during the premarket show...

and not a good trading day at all. kinda the opposite day to yesterday, nothing trading well, i think its more down to the market than me though so not really kicking myself. everything was just trading with SPY today.

5 trades 5 losers (ORB x 2, 10 min engulfing, wedge breakup, VWAP bounce)

edit had 1 winner straight after i wrote this (short off resistance, then flipped to a breakout)

Trade 1: tried a 5 min ORB with the best entry i could but went against me

 

Trade 2: again 5 min ORB on AMD, stopped out just before it moved down but respected my stop so cant complain.

 

Trade 3: the third 5 min engulfed the previous 2 candles so went short small sizr and added on a pullback, unfortunately couldnt get a partial then stopped out when the tides were turning.

 

Trade 4: saw a wedge with a daily level id already drawn, my only issue with this trade is i shouldve raised my stop as the wedge got smaller, but still was a good setup in my mind.

 

Trade 5: apple previously bounced off VWAP and looked like it was about to again, it mightve worked but it was just doing exactly what spy was so i got out at b/e.

 

Trade 6: saw JD was at that resistance again, went short expecting a leg lower, but once i saw it wasnt going anywhere i flipped my position expecting it to breakout and it did, to 1 partial then out above break even, but in hindsight i maybe should've stayed in because that really strong resistance was now support... 

not a good day, but i blame the day more than myself.

Edited August 14, 2019 by Daniel Meakin

[WilliamH 66]

We all have bad days Daniel! It's good you stuck to your rules and didn't over trade! 

[Daniel Meakin 96]

15/8/19

feel okay today very medium not much to report.

had an odd day, a pretty frustrating start but once a took a break came back to make 3 pretty decent trades so ended up just in the green and calling it a day.

11 trades: 8 winners (VWAP reversal, False breakout, VWAP bounce, trend trade x 2, booty reversal x 3) 

2 losers (chasing an ORB, trend trade)

1 what the fuck was i doing. (overtrading AMD)

but my winners were small/average winners and losers were full sized.

Trade 1: didnt find a good 5 min orb so chased cgc and stopped out. not a good start.

 

Trade 2: thought AMD was doing a VWAP reversal, didnt partial at VWAP which was stupid then i saw how it bounced so flipped my position for a profit and profited some on the way down.

 

Trade 4: CSCO already bounced off VWAP so after it bounced again i went long, got 1 partial then out at b/e.

 

Trade 5: to be honest cant really describe my thought process here. was just overtrading AMD gonna leave it at that. ill try not to do it again but we all know i will...

 

Trade 6: WMT was weak at the open, it made a big pullback but rejected the 9 on the 5 min so went short on the way down got some partials then out at b/e.

 

Trade 7: CGC bounced off the 200 on the 1 perfectly so went short at the 20 with a very tight stop and got all out when it reached the 200 again expecting another bounce, quick scalp.

 

Trade 8: WMT was looking like a trend, got in on a hammer, added after the next hammer that was a higher low but reversed on me.

 

Trade 9: MU turned very bullish, so i went long at a consolidation as the MAs were crossing and got 1 partial at VWAP then out when it wasnt making higher lows.

 

Trade 10: CGC looked like it was reversing and also broke out of a lower highs area so went long for a nice move up.

 

Trade 11: third reversal in a row, made 3 successive higher lows so went long after the third one for a nice move up and out before b/e

 

overall feel okay about the day, wish i didnt trade the open and get worked up tbh, but taking a break did a world of good.

[Daniel Meakin 96]

16/8/19

feeling okay again had a bit to drink last night with an old friend so spent the morning in bed but still a bit ropey..

really bad day, kept breaking all my rules and hit double my max loss. not how i like to end the week  

 

Trade 1: 

 

 

 

 

[Daniel Meakin 96]

19/8/19

feel a bit groggy after the weekend and had a bad day last friday which i forgot to journal.

pretty bad day, not sure what im doing wrong really, over trading maybe.

11 trades: 2 winners (ABCD, VWAP bounce), 9 losers (5 min ORB x 2, bulling engulfing, VWAP bounce, flase breakout, trend trade x 3, top reversal).

Trade 1: tried for a 5 min ORB twice on MU and stopped out both times, this is gonna be a new rule, if you stop out on an ORB, dont trade it anymore in the open because i do this way too much and it never goes my way.

 

Trade 3: went for an engulfing pattern on the 5 min but stopped out. AMD was too choppy. also volume wasnt really suggestive of a bullish move.

 

Trade 4: saw an ABCD pattern on a strong stock, looked like it was about to pop so went long for a very nice trade.

 

Trade 5: NVDA came right down to VWAP and rejected it, went long with small size and then added after a hammer candle for another very nice trade.

 

Trade 6: tried the same thing again but stopped out because i moved my stop loss up, but this did do what i thought.

 

Trade 7:  thought this was a false breakout so shorted but stopped out.

 

Trade 8: AMD looked like it lost VWAP so went long, added after a hammer but stopped out

 

Trade 9: after a hammer on the 1 went long on a strong stock hoping for a pop above the daily level but stopped out.

 

Trade 10: again thought it lost VWAP but was just chopping around.

 

Trade 11: double top on ROKU shouldnt have sshorted such a strong stock...

[Daniel Meakin 96]

20/8/19

feeling average today not good not bad, just been watching some of people recaps specifically robert H and found it veryy useful and has inspired me once again so thank you Robert  now focusing on patience today.

And what a day, most profitable yet

4 trades: 4 winners (ORB, wedge breakup, bottom reversal, top reversal)

Trade 1: 5 min ORB, got a good entry just above some support and chose my share size right this time or i wouldve stopped out. waited for a pop and got 2 good partials then stopped out above b/e.

 

Trade 2: SPRT was very strong, saw it hitting resistance but making higher lows, drew my wedge and got in just before it popped with stop below the wedge for a really big move, averaged 4 Rs this trade.

 

Trade 3: saw NVDA couldnt make a new low on the 1 and a shooting star on the 5 so went long with a great entry and rode it all the way to VWAP.

 

Trade 4: saw SRPT made a double top kinda at a daily level i had, it started going down with volume so went short with a small size since extended from the top, got a partial at 1R then out at a new 5 min high since the stock was so strong at the open.

 

really happy about my trades today.

[Daniel Meakin 96]

21/8/19 

feel okay today, pretty tired. had to have a nap just before the premarket show. still putting a big focus on patience today.]

10 Trades: 5 winners (wedge breakup x 2, top reversal, ABCD, trend trade)

4 losers (wedge breakdown, ABCD, VWAP bounce, top reversal)

1 stupid b/e (ORB)

Trade 1:i stupidly chased TGT up and didnt control my share size properly then averaged down at VWAP and then got out at b/e because this was stupid. really awful stuff here. very ashamed  

 

Trade 2: LOW was hitting support but making lower highs so went short but stopped out, again without controlling my share size so took a much bigger hit than i should.

 

Trade 3: NVDA was strong and making higher lows and hitting resistance, so went long expecting a breakup and got it with nice partials.

 

Trade 4: after NVDA made a double top and started making lower lows i went short for a reversal, got one partial then out at b/e because NVDA was so strong it was probably going higher.

 

Trade 5: when i got out i thought the 5 min looked like a perfect ABCD so went long but stopped out, i shouldve had my stop loss lower down because it didnt break the support.

 

Trade 6:  once NVDA retested the support and it held i went long again for an ABCD and got a nice trade.

 

Trade 7: this was stupid really PDD wasnt trading well, i shouldve just left it.

 

Trade 8: saw a beautiful wedge form on TGT so went long in the wedge and got a really nice pop.

 

Trade 9: thought it was reversing, but held the support which was resistance, shoulve waited for confirmation.

 

Trade 10: Fav trade of the day. after being strong all day NVDA was slowly selling off, it punched below VWAP, i waited for a really good entry on a pullback, waited patiently didnt stop out, got 2 partials well above 2 R, added to my position on a shooting star on the 1 min and then got 2 more partials on the way down. just this trade doubled my daily goal and i think i managed it well so im pretty happy

[Daniel Meakin 96]

27/8/19

been away for a while at a family event but back and still keen to carry on where i left off.

 

[Daniel Meakin 96]

27/8/19

been away for a while at a family event but back and still keen to carry on where i left off.

had a pretty bad day, not feeling great tbh think i need a good nights sleep still.

Trade 1: 5 min ORB looked really strong at the open but bounced off some resistance and couldnt make another move up, almost got back in but stopped myself which is something.

 

Trade 2: after a strong open JNJ was consolidating and felt it was gonna pop up again and it did so got a nice trade and out when it looked weak.

 

Trade 3: looked like the start of a trend trade but was just a fakeout, shouldve waited for confirmation.

 

Trade 4: the first part was kinda a wedge/pendant so got in on the breakup and got 2 good partials then tried to get out at b/e but missed my hotkey and gave a lot back..

trade 5: after it bounce off VWAP i went long and then stupidly added straight away which brought my stop higher so i got stopped out when if i didnt add i wouldve survived the pullback.

Trade 6: got in again shouldve just left it by this point, overtrading.

 

Trade 7: Teva was a descending triangle but not very steep. i went short at the breakout but it didnt break so i flipped my position, then it bounced of the wedge i drew so stopped out, then it went back up, broke my wedge and i got in again for a good trade but set a stop and walked away and came back and it was done.

[Daniel Meakin 96]

28/8/19

had a much needed long sleep last night so feeling better today. Also configured Kyles risk per trade hotkey last night which i think will help me massively managing my share size, i wanted to be able to do it by myself but i think that can be a later goal when im more competent with other aspects of trading.

Had a pretty interesting day. started really bad and hit max loss. carried on because want the experience and didnt feel too messed up psychologically. had a really good last trade of the day that i was in with norm kurt and aiman although i did get in it without them prompting me too, then went and did thor and aimans workshop about triangles which is what ive been most successful with recently and came to realise... im not gonna be an andrew type trader, Thors way just makes so much more sense to me and doesnt make me lose loads at the open, so from now on im going to have 1 try at an ORB then wait at least 15 minutes until i trade. once ive mastered some simple patterns ill come back to the open. and another thing ive realised i dont really make any real attempt to read level 2 or time and sales while im trading, which im now going to focus on learning. so not a great day trading but made some really good realisations about myself and trading style, and have gained some direction with my progression. 

trades 11:

3 winners (descending triangle breakup, pendant breakup, ascending triangle breakup)

8 losers (ORB, bearish engulfing, ABCD x 3, VWAP bounce, pendant breakdown x 2)

Trade 1: all volume looked bearish so went for the ORB but stopped out.

 

Trade 2:went for the bullish engulfing pattern but again just nothing going my way.

 

Trade 3: this looked like an ABCD with a daily support level. went long but stopped out at b/e when it didnt crack HOD and started to dump.

 

Trade 4: ADSK was really strong, looked like it rejected VWAP so went long but setup wasnt ready yet.

 

Trade 5: took this pullback on ROKU when it was kinda extended already and stopped out 

 

Trade 6: traded a pendant on TIF, thought it broke out the bottom but id didnt so stopped out, then when it broke out the top i took it for a nice trade up.

 

Trade 7: ascending triangle on roku got a nice pop then out at b/e

 

Trade 8: this was an ABCD but the pop wasnt there so stopped out.

 

Trade 9: drew this weird pendant but turned out to just be a long consolidation phase.

 

Trade 10: Triangle on ADSK, it broke out the top with volume and was already so strong so went long for a huge trade making back all my losses and then some.