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

[Willy 25]

Feb 26, 2019 (SIM)

 

Trades on CAT: First trade is my main strategy. I went long after crossing VWAP but i get out to soon because of the choppy price action. The second trade i tried to anticipate the move (i should have waited to the 1 min candle close below VWAP or if it didn't the go long)

Trades on HD: The first trade after the stock cross VWAP a get in in the pull back, this is the kind of trade i should do every time. The second trade i tried to anticipate the move and fail. My strategy works again at 9:57 but i miss it.  

 

 

Trades on ETSY: This stock was too choppy. I get a good entry but i miss the pop. I need to stay with the hands in the trigger when i trade in the first 5 min. I should get in a 9:36 again but that kind of moves keeps me out. The second trade was a mistake because i see it like a bull flag but it was a engulfing pattern. the last trade was a bad trade that give me money. I should get out  but i was long bias and i was right.   

 

 

[Willy 25]

Feb 27, 2019 (SIM)

 

 

BBY: I buy to far from VWAP, didn't like my entry and get out.

WTW: I tried to anticipate the move (same i did yesterday) and fail. I should have wait until the 1 min candle close above VWAP.

Trades on SE: this is my main strategy, a stock that in 5 min candle open below VWAP an close above VWAP. I should have wait to buy close to VWAP or the MA's. I fail the first 2 trades but save the day wit the final one.

 

[Willy 25]

Feb 28, 2019 (SIM)

 

BOX: I went long for ORBU but the stock made a pull back, i added more. Then drop i added more because my stop loss was a few vents below VWAP.  I sold it in 3 steps.

 

TDOC: With the VWAP strategy i tried to go short after the pull back when the stock cross VWAP but i made a hotkey mistake and went long. I get out as soon as i could. Later when i see the rebound on VWAP i went short and cover all at the big drop. The 3rd trade i see that for 20 min the stock is holding the MA's i went long 200 shares (i reduce my size because i was over the daily goal) and sell it at the MA (my original target was VWAP). 

 

SQ: same strategy, I went long when it goes above VWAP  i get out because didn't like the price action. When the 1 min candle close above VWAP i came back in for a long. Sell half at the MA. Didn't like the price action again and sold the other half.

 

 

HZNP: this is the same strategy (a stock that in 5 min chart open below VWAP and close above VWAP) I tried to buy close to VWAP with the sock loss a few cents below VWAP. This one works very well. I could add on my position but i hesitate to do it. My profit target was  HOD.

 

Edited February 28, 2019 by Willy

[Carlos M. 232]

Great trade on $BOX! I took that exact same trade twice for the break up but got stopped out, didn't wait long enough for the breakout.

[Willy 25]

4 hours ago, Carlos M. said:

Great trade on $BOX! I took that exact same trade twice for the break up but got stopped out, didn't wait long enough for the breakout.

Thanks Carlos. That happen a lot lately (today HZPN too). Big white candle on 5 min at open, next candle is red but holds VWAP, then is a long. FOMO makes me buy too far from VWAP , i know that i should wait. This pattern works for short too when the first candle is a big red one.

[Brandon K 64]

That box trade was nice! If I had taken it on your first entry, I would have stopped out on your third add. However, I've been waiting on pullbacks to the 9MA 1-minute so my entry would've been on your third add.

[Willy 25]

Mar 1, 2019 (SIM)

I didn't take all the screenshots because i left the trading station to come back but i forgot to do it before 12 am. If anybody know how can i see past trades on a demo account please let me know. 

PnL = -$285  (true PnL ~-425)  i trade 56 tickets more or less.

ZS: I started the day with 2  big losses on this stock. I tried to use the same main strategy but i keep buying (or short selling) to far from VWAP. Later i catch some good trades and make some of the losses back. I am starting to see more consistent after 10 min.Another thing is to wait for confirmation on 1 min chart (rebound on VWAP).   

 

GPS: Didn't move as expected. Great entries i think but didn't work. At the end i made a great trade and got some of the losses back.

[Willy 25]

I like this sample playbook. It resumes in a better way the strategies that i am using for my trades

[Willy 25]

Mar 4, 2019

I don''t like the stocks in play today. Because of that i made one trade and get out.

 

RKDA: entry at VWAP with the stop loss below the MA's. I took profit at the MA and wait for the break, but  it didn't happen and i get all out.  

[Willy 25]

Mar 5, 2019 (SIM)

Very bad trades today and lack of discipline. I was up and close to my daily goal at the beginning but that trade at 9:48 on TGT put me on negative for the day and mess my whole trading day. That has happened before, The good news are that i know those mistakes and i am going to work in them.   

TGT: When the MA's are above VWAP is not a good idea to pout the stop loss below those MA's because of that the best idea is to short at the MA's that was my second trade but i execute very bad.

CTRP: here the stop loss if you are going to entry long  should be at the MA's because they  are below VWAP. I knew that if this stock keeps over VWAP is going up, but i didn't execute well.

KSS: this one was the only good trade. The stock goes over VWAP, i waited for the pull back an entry long. I sold it in 3 steps. 

 

 

 

[Willy 25]

1 hour ago, peterB said:

hi Willy, so what account size are you trading today? Still in SIM?

Hi. I am trading with a buying power of $60,000 ($10,000 account with 6:1 leverage). Still in SIM until i can solve the "hulk days" matter 🙂

[Willy 25]

Mar 7, 2019 (SIM)

 

I finished  green today, but i trade really bad. 

 

GWRE: I bought close to the MA to get to VWAP but didn't like the price action and get out at break even.

KR: The first trade i went long after the 1 min candle closed above VWAP and bought again closer to VWAP, the stop drop and i get out. After that big candle i should have waited to short close to VWAP but instead i bought to low and get stopped out at VWAP (my stop loss should be above VWAP).  The other trade i gave it more room  (until LOD), it pays out big.

 

EAF: After that big engulfing 5 min candle i waited for the pull back and i got in at VWAP but didn't work this time.

 

 

[Willy 25]

Mar 8, 2019 (SIM)

Overtrading today but i was testing a new idea for bigger trades.

 

AMD: I only trade AMD if it has move 3% or more in any direction pre market. Today was down -3.5%. I entry long when it comes over VWAP. I get out early because i didn't like the MA's. The second trade i applied the same strategy and again i get out to early.

 

BABA: this one is the same strategy that i use in AMD. It came below VWAP an i get out. I should have enter again at 10:14

 

BIG: This one i overtraded a lot. At the end i got the move that i was waiting for.

 

HUYA: Same VWAP strategy. I exixt early because this stock is usually choppy.

 

SEEL: This one i tried to anticipate the move because of that i entry below VWAP but didn't work.

[Willy 25]

On 3/9/2019 at 5:20 AM, peterB said:

if i may...

your first trade on KR was relatively OK but too big size and you added up without any confirmation of resistance so it was more like wishful thinking

the 2nd one you exited obviously too early as the VWAP was not broken on the 5 min chart. you should have taken a partial near 24.70 then exit on break even.

the third was just a revenge without any reason and you got chopped out

why have you exited the 2nd trade? perhaps because you got into stress by the big size you took. taking a 20000 trade then existing it at 0.5% move seems to be too much excitement for you. you could end up with the very same day result if you did only the 2nd trade properly and without any stress

my quess is you look at the P&L when you trade. is that right?

Thanks Peter i appreciate your comments. In fact i was hopping to receive more help like this one. You are right about the stop loss and the size, i am working on those things. I look my PnL all the time, I going to hide it this week and test.   

[Willy 25]

BA: I get in below VWAP trying to predict the move then i was trying to add 25 shares but i sold it instead then after the confirmation i added 50 shares. Very bad exit of the last piece, i get out  because was only 10 shares. 

LLY: I get in because this stock didn't sell off. I put the stop loss at the end of the large wick. I reduce my share size because i have reach my daily goal. I sold half at the pop and the other half to break even. 

ELAN: this is my VWAP strategy, i sold half a the first level that i have And the other half to break even.