Shared by
dpaleo
Tags:
tiny offer into ATH. Didnt get chance to add on vwap break while watching TSLA take mkt down
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-11-09 09:33:37 | U | -50 | $174.950 | -50 |
| 2021-11-09 09:55:47 | U | 25 | $168.160 | -25 |
| 2021-11-09 09:59:44 | U | 25 | $163.915 | 0 |
Comments
dpaleo
Hey bud, yea how's the year treating you?
Is chat for setups in real-time or post trade analysis, or something else?
Btat
the past couple months have been tough, I migrated to swing trading in the late 2020 and early 2021 stage to take advantage of some of the large movers, past 4-5 months have been back into day trading. looking to settle in day trading permanently since my main goal is to get cashflow as frequent as possible. But I've made some nice adjustments past week that are helping. The chat is pretty much both, we post wl everyday, we will call out setups if we have time and see them, ask questions, discuss any setups, what we think about x or y, etc.
Nice dude. Swing trading was great last year into beginning of this yr. Then some chop has settled in where day trading tends to work better. If can be proficient in both, makes sense to have a swing account and a day trading account. Depending on mkt environment can focus on one or other to help smooth that cashflow curve.
What adjustments you make?
Im only focusing on 1 setup but trading it on multiple intraday timeframes, this way I can really master 1 setup while also increasing the frequency at which I'm trading. Its also nice because I can focus on less # of stocks as well. Take only the best in play and look for the same setup on 2 min to 30 min timeframes, works well. I've only been doing this past two weeks but consistently chipping away, working on better stock selection now, there are still a decent chunk of my trades that are not worth taking
love that! just like baseball, hitters are only as good as the pitch they swing at.
What's the setup if u dont mind me asking?
in essence intraday flags but there is a lot more to it in terms of what to look for in the first leg and consolidation quality, from yesterday VUZI 11:33 on teh 3 min is a good example. Range + Volume expansion on first leg, Range and volume contraction in the flag, very tight 1-3 candles prior to entry, that pretty much the setup. I have been taking 10-15 trades in a morning session---mostly scratches---constantly scanning and such, now im reducing to a stocks in play basket that have the higher time frame going for it. I am finding that if the higher time frame isnt there the trade doesnt have much follow through at all
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Hey Dpaleo I see you are still trading, and trading well I might add. I remember commenting like a year ago on one of your trades to see if you wanted to join a little gm we have where we talk about trades, trade ideas, watchlist, process flow, etc. Its just me and a couple others but I find it very helpful. Anyway I saw you're still active and figured I would reach out. Hope your trading is going well.