Peter journal: First pullback+lightning bolt+ABCD

[Peter 12]

Wednesday 13.01.2021 results 1 winner +1R

trade 65 +1R

catalyst: yes

daily breakout: yes

premarket gap: yes

rel. vol. yes 400%

trading pattern: yes, but shorted strong stock

entry: A

management: C, sold in one peace, not scaleout   

overall grade: C

Edited January 13, 2021 by Peter

[Peter 12]

Thursday 14.01.2021 results 1winner +1,4R

trade 66 +1.4R

catalyst: yes

daily breakout: yes

premarket gap: yes

rel. vol. yes 400%

trading pattern: yes, first pullback +strong stock+ premarket gap+ catalyst

entry: A

management: b, sold too early not 2/1 3/1 

overall grade: a-

Edited January 15, 2021 by Peter

[Peter 12]

Friday 15-01.2021 results 1 winner +5,2R

trade 67 +5,2R

catalyst: yes

daily breakout: yes

premarket gap: yes

rel. vol. yes 400%

trading pattern: yes, but hotkey mistake made 2x profit fear profit was +2R

entry: A

management: A 

overall grade: A

Edited January 15, 2021 by Peter

[Peter 12]

week 2/2021 (5 days 6 trades 4W/2L 66% W/R average trade +1.41R average day +1.7R )

It is best week so far all statistics are new record! win %, av. trade and average day!

 

I am raising risk to level 2, 12 dollars because I have trading profits +25R! next level is from +25...+50R

First level completed! it took 33 trading days and 67 trades to reach +25R. best trade was last trade +5.2R.

longest winning streak: 4

longest losing streak: 4

winners 33 49%

losers 34  51%

Next level purpose is to reach faster then first level 33 days!

January first two weeks performance:

14 trades: +12.1R  9winners 5 losers
win rate  64%

average trade +0.86R

average day +1.2R

profit factor 3.1

 

 

 

 

Edited January 15, 2021 by Peter

[Peter 12]

Wednesday 20-01-2021 results 1 winner 1 loser +0,9R

trade 68 -1R

catalyst: yes

daily breakout: yes

premarket gap: yes

rel. vol. yes 300%

trading pattern: yes

entry: B

management: A

overall grade: A-

 

trade 69 +1,9R

catalyst: yes

daily breakout: yes

premarket gap: yes

rel. vol. yes 400%

trading pattern: yes, but not in my playbook

entry: A

management: B  

overall grade: B

Edited January 20, 2021 by Peter

[Peter 12]

Thursday 21.01.2021 results 1 winner 1 loser +0,4R

trade 70 -0,4R

catalyst: yes

daily breakout: yes

premarket gap: yes

rel. vol. yes 400%

trading pattern: yes, but could not hold trade was tired was +3R trade

entry: A

management: E, could not hold trade

overall grade: E

 

trade 71 +0,8R

catalyst: yes

daily breakout: yes

premarket gap: yes

rel. vol. yes 300%

trading pattern: yes, but not perfect

entry: A

management: B

overall grade: B

Edited January 21, 2021 by Peter

[Peter 12]

I Make change to selling stock i sell now 50%

2/1 50%

3/1 25% or price level

4/1 12.5% or or price level

last 12.5% I let run and raise only stoploss to last 5min. pivot after new high/low

 

[Peter 12]

Friday 22.01.2021 results 1 winner +1,6R

trade 72 +1,6R

catalyst: yes

daily breakout: yes

premarket gap: yes

rel. vol. yes 400%

trading pattern: B yes, but got long weak stock

entry: A

management: A 

overall grade: B

Edited January 22, 2021 by Peter

[Peter 12]

week 3 +2.9R (3 days 5 trades 3W/2L 60% W/R average trade +0.58R average day +0.95R )

 

This week was trading only  3 days and got good average results, this year results are getting better all 3 weeks are

all metrics green:

win rate: 12winners 7 losers 63%

average trade profit: +0.8R

average day: +1.15R

profit factor: 3.1

 

I am getting better to take my setup I m seen it better but need to improve selling next week challenge

is selling my winners correctly like trading plan says. Yesterday  got big winner but sold it twice breakeven 

was coming to trade tired and did not want to lose. Need to improve that part.

 

 

 

Edited January 22, 2021 by Peter

[Peter 12]

25.01.2021 results 1 trade 0R

trade 73 0R

catalyst: yes

daily breakout: yes

premarket gap: yes

rel. vol. yes 400%

trading pattern: yes, 

entry: A

management: E, sold before move breakeven, broke selling rules

overall grade: E

trade 73

I update my stock selling rules with this rule: I cant sell stock with breakeven before first partial, if it is right side of 9EMA

 

Something positive too for today: Today I broke my breakeven point after today if every last 26 trade were losers i still be up 3R

 

Edited January 26, 2021 by Peter

[Peter 12]

Tuesday 26.01 results 2 losers -2,5R

trade 74 -1R

trade 75 -1,5R

[Peter 12]

Wednesday 27.01. 3 trades 3 winners +4.1R

trade 76 +1,1R

 

trade 77 +0,3R

 

trade 78 +2,7R

[Peter 12]

Thursday 28.01. results 2 losers -2R

trade 79 -1R

trade 80 -1R

[Peter 12]

I make changes to trading plan: not to take B trades I need to see those things before I take trade:

 

first to put stock on the monitor  watchlist I need to see:

1. fresh news on that stock, preferably earnings

2. daily chart breakout

3. rel.vol. over 150%

 

to take trade on that stock I need to see:

1. signal candle direction of the gap

2.pullback to 9ema or vwap

3. 60min. chart supporting the move

4. 5min. chart supporting the move

5. after pullback new 1min. low is short

 

This is my A+ setup I need to take only those:

Edited January 29, 2021 by Peter

[Peter 12]

Friday 29.01. results 1 winner +2R

trade 81 +2R