Growing a $10,000 account (Back to Real Account)

[Willy 25]

Feb 6, 2019 (SIM)

 

Trade on MU: I started to trade a 11:20 more o less. I saw MU holding the MA's over the VWAP, I went long 800 shares. I sell it in 3 steps.I usually trade MU, AMD and SQ when they move more than 3% and never expect to much of them.  

[Willy 25]

Feb 7, 2019 (SIM)

 

Trade on TPR: only 1 trade. This stock was down 11.6% on earnings (pre-market). If there are stocks that gap up or down more than 10%, i will be watching then closely (those are the best one to trade).   This one open below VWAP i was watching 1 min chart, in the 3rd minute it makes a pull back. I entry short (400 shares) at the next candle that was red and added a the next candle. My stop loss was over the candle in the 4th minute. Near 32.31 (a daily level)  was my final target. I left 50 shares to try to get to 32 but it didn't

 

[Willy 25]

feb 8, 2019 (SIM)

Today i was watching SKX (+19% on earnings), MAT (+19% on earnings) and COTY (+25% on earnings). For me is better to watch less stocks. SKX is always tough to trade.

 

Trades on MAT: This is my ideal setup when the stock opens below VWAP and closes over VWAp on 5 min chart. I closely watch 1 min chart to anticipate the move a little bit. After the small pull back in the 3rd min, i went long 400 shares (i was thinking to ad more if it gets close to VWAP). I sold half in the first popup , try to sell another half in the second pop, but it was to fast. I sold the rest because the red 5 min candle. I used to think that a  stock is not so strong if after only 2 (5 min) white candles the 3rd is red. But after seeing the stock keeps over VWAP, I went long again and sell it in 3 steps.   

 

 

 

Trade on SKX: I get very lucky in this one because of a mistake in the hotkeys. I tried to short 400 Shares but at the end i only short 40 (because of the mistake in the script). The problem here was that the volume came in at the 3rd min, the information for the first 5 min was late. This strategy was the same i use for MAT, but short  (in the pull back i entry short and the stop loss is VWAP). Based on my experience SKX is always very choppy at open ( I need to keep that in mind)

Edited February 18, 2019 by Willy

[Willy 25]

Feb 11, 2019 (SIM)

Today i was watching EA (+4.6%) and AVCO (+28.9%). AVCO is a low float (I have no tested my strategies in low floats), so my focus was on EA.

Trades on EA: I was watching 1 min chart, the 5 min candle that open below VWAP and close over VWAP was the confirmation for long. I was thinking in a ORB as soon as the candle that started a 9:35 went from red to white, i get in 400 shares, my stop was this same candle if it turns red i go out. I sell in 4 steps, always 50% of my holding shares. The last one i was thinking to sell a 107 but didn't get fill. With this trade i get almost $300 (in live trade i will  stop trading). I test 2 more strategies the first one (200 shares) is when a stock is strong then came back to VWAP i buy next to VWAP with the stop below VWAP, the last target was HOD, but i didn't execute well and get out early. The second trade (200shares) i get in short when came back to VWAP again  but this time goes below.  It was to choppy but i get out with $100+ in that trade.  

 

 

[Willy 25]

Feb 12, 2019 (SIM)

 

 

So many mistakes today. A good day to learn. The first rule that i broke was that i start trading in the 2nd minute, because of that i miss the real move. When i have the 2 first trade wrong i should have stop and be very sure of the 3rd trade because i must stop after 3 wrong trades. I think i was watching to many stocks (4). At the opening is better for me to watch the bigger % change. For today was EA(+8.7%) and VRNS (-22.9%). 

Trades on EA: This setup was good, i just simple fail the execution. I should have short it  in the pull back. But since i was long from minute 2 i miss the big picture. 

 

Trades on VRNS: Another good setup that i fail to execute. It was a good long after the minute 15 (it was holding the MA's) 

 

Trades on UAA: Very bad entry in minutes 2 y 4.

 

Trades on AMRS: This strategy is going long at the VWAP in the 2nd try. It works but this stock was not in play.

[Willy 25]

Feb 13, 2019 (SIM)

 

 

Trades on TEVA: I tried to go long over VWAP. When it cross the VWAP i went short. And the when it croos the VWAP again i went long. Overtrading this one. I should give more room for my stop loss. 

 

 

Trade on ATVI: I went long over VWAP and get out at VWAP. After the sock came back over VWAP i went long again and this time it works.

[Willy 25]

Feb 14, 2019 (SIM)

I did't take the screenshots the same day and i lost my entries  and exits data. Too many trades and too many stocks.

 

Lessons on KO: apparently never trades well. I need to stop trading KO. 

 

Lessons on CTL: Perfect set up in 1 min chart (opening) . It holds the MA's for 9 min and then popup.

 

Lessons on CSCO: After that huge 5 min candle usually we have a pull back.

 

Lessons on SIX: Like CSCO, a pull back after the huge 5 min candle.

 

Lessons on MGM: this one like KO very often trade in a range at opening.

[Willy 25]

Feb 15, 2019 (SIM)

 

Trades on LOGM: I went long after the pull back, it goes below VWAP and i get out. Then when i came back to VWAP i went long, it works really well. 

 

Trade on CGC: The mistake here was the entry, to far from VWAP.

 

 

Trade on NWL: The same mistake that i did on Feb 14,  I went short after that huge candle on 5 min chart. 

[Willy 25]

Feb 19, 2019  (SIM)

 

 

Today a was watching WMT, UNIT and CTL.

Trades on WMT: i entry long in the 4th min after the stock goes over VWAP i try to buy close to VWAP. Very well execute , with only 200 shares i get to my daily goal ($100) but i sell only half and get out at break even almost (-$16).  As the stock goes below VWAP i flip my position trying to buy close to VWAP, the stock cross VWAP again and i get out. With the big candle over the VWAP i wait for the pull back and go long again 200 shares, i add 200 more closer to the MA's. I have the chance to take $164 but at the end came back and only took $120. 

 

I didn't trade UNIT but this one was the perfect setup for a long. I miss it trading WMT. The perfect entry here is after the close of first 5 min just when the stock goes over VWAP.

[Willy 25]

Feb 20, 2019 (SIM)

I broke some rules. To many trades. At the open  i have a great entry and the unrealized PnL go beyond $100 (my daily goal) but i didn't sell it  and the stock came back to VWAP. That mess up my entire trading. Let's see  if is better to take it. LUV was too choppy. If a stock keeps over VWAP i try to go long but in this case the MA's were over VWAP,  i need to take that into consideration. 

 

 

 

 

Edited February 22, 2019 by Willy

[Willy 25]

Feb 21 , 2019 (SIM)

 

I was late for the open. The same thing from yesterday, i was up more than $100 in a moment but only sell half. I get $88. But i gave it all back.

 

Trade on CBLK: When the stock went below VWAP, i wait for the pull back and get in short. The second trade was a trade with no clear strategy and i paid the price.

 

 

[Willy 25]

Feb 22, 2019 (SIM)

 

 

Trades on KHC: I made some mistakes in every trade on KHC. I tried to go short in the 3rd min but by mistake i went long and becasuse of that i made $72. This is  a mistake the stock is to far from VWAP, i should wait the pull back ans short it close to VWAP. The second trade should have the stop loss above VWAP, bad execution in that one. 

 

 

Trade on W: this was a clean trade, i wait for the pull back and buy on the MA. The exit was very bad because this stock was too choppy at that moment. only 100 shares.

 

[Brandon K 64]

Fantastic entry on W. Seems like there was a bit of FOMO on KHC. Do you normally trade in the first 5-minutes?

[Willy 25]

8 hours ago, Brandon K said:

Fantastic entry on W. Seems like there was a bit of FOMO on KHC. Do you normally trade in the first 5-minutes?

Yes it was FOMO. Thats a very bad entry i should short it close to VWAP. I make some changes in my strategy, i only wait for the first 3 min if the stock is close to cross VWAP up or down. But in this case was a very bad execution. 

[Willy 25]

Feb 25, 2019 (SIM)

 

Days like this one (hulk day) is the reason i came back to simulator, i know that to keep your losses small is a big key to success in day trading . After the 2 first trade -$100 i should close my day, because i know i can recover from that amount  very easy in one day.

 

There are too many trades and too many errors but i gonna talk about the trades at opening. In KHC i have a great entry, i have the opportunity to take some profit but i didn't. When a stock goes up or down so fast is a good idea to take some profit (i make that mistake a lot). Another importat point here is that KHC was not really in play (was in play the day before but today the gap was only .83% at open), because of that you can't expect big moves, it is only good to scalp. GE you need to take a big size because is a slow mover.

Another important thing is that after the first losses i keep trading without thinking in the strategies, i need to focus and see the whole picture and be sure about the strategies after the open  (VWAP reversal, double o triple bottom, etc.)

 

 

 

 

 

 

 

Edited March 3, 2019 by Willy