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Trade Journal - DRIP, Feb 6 (long)Thesis Crossed baseline recently, CLAMP is yellow (positive), correlation agrees. Discovery After entering a trade with BTB, I saw it correlated negatively to XOP, the oil and gas exploration etf. DRIP is a leveraged play on this symbol. Correlation +: BTB, XAGUSD, VIX -: RUBUSD, XOP, UUUU Because we entered this symbol due to XOP correlation from BTB, there may be overlapping risk on this trade. Entry +161 @ 14.81 (0.00 fee) TP: -80 @ 15.70 SL: -161 @ 13.54
AMEX:DRIPLong
by KyleBaran
Trade Journal - HCMLY, Apr 8 (long)Trade Journal - HCMLY, Apr 8 (long) Tracking Apr 8 + Went long 20 shares to have exposure to sand for long term thesis - Again, converted it into a swing trade - Again, did not enter based on TA - TP was quickly hit, did not scale out Jun 10 - Increased position size by 35. This is fine for DCA strategy, and might have been what I did. However, I made the decision to swing it or take profits at some point, which should have been based on price levels and TA. Nov 14 + Took profits - Did not scale out by 50%, but a smaller amount Dec 19 + Took profits + This happened shortly after it crossed the baseline. It should have happened immediately, but at least we scaled out this time. - Still a weird amount to scale out by. Follow the system! Feb 2 + Trade ongoing, maintaining TP/SL levels Trades Apr 8, +20 @ 9.18 (4.95 fee) Jun 10, +35 @ 9.37 (4.95 fee) Nov 14, -17 @ 10.33 (4.95 fee) Dec 19 -18 @ 10.07 (4.95 fee) Outcome Ongoing. Trade is poor quality, but shows signs of improvement. We need to stop changing investments into swing trades. Both styles should be following a rigid system. Might be best to do it across two accounts so it's more clear what system each belongs to. We should try to have fewer transactions per trades since that will help with the fee overhead. Should we factor the fees into the risk of each trade? It is lost balance, after all.
OTC:HCMLYLong
by KyleBaran
1
Trade Journal - GLD, Nov 14 (long)Tracking Nov 14 + Went long 2 shares to have exposure to gold for long-term investment. - Changed mind and did a swing trade on it instead - Did not enter based on TA - Stoploss was hit and did not exit position - Did not have an ideal amount of risk for this position (position size too small) Dec 1 - Hit TP and did not scale out Dec 12 - Crossed baseline and did not exit position Jan 24 ? Trade is being actively maintained. If TP is hit, will move SL up. If SL is hit, will exit position. Not ideal position management, but it's become profitable so we can let it ride - this time. Trades Nov 14 +2 @ 164.78 (4.95 fee) Outcome Ongoing, but poor. Did not follow any rules whatsoever. Same issues as trade with TSX:COPP , see link.
AMEX:GLDLong
by KyleBaran
Trade Journal - COPP.TO, Nov 16 (long)Tracking Nov 16 + Went long 10 shares to have exposure to copper for long-term investment. - Changed mind and did a swing trade on it instead - Did not enter based on TA - Would have hit my SL immediately Dec 15 - Crossed baseline and did not exit position Jan 10 + Hit my TP and sold half, moved SL to break even + Kept adjusting SL as the TP was hit Feb 2 ? SL was hit, but there is no price data for the day. This might be because it's a low volume ticker or tracks something else - Traded an asset without understanding it fully Trades Nov 16 +10 @ 24.53 (4.95 fee) Jan 10 -5 @ 27.99 (4.95 fee) Feb 2 -5 @ 28.19 (4.95 fee) Net: +$20.75 Outcome Poor. This trade was entered without following TA, and the purpose of the trade (long term) was changed. It later crossed my baseline and I did not exit the trade. Need to define an exit signal on future trades. The symbol was also traded without full understanding of how it tracked the underlying assets.
TSX:COPPLong
by KyleBaran
GBPUSD Short RecapIdentified an opportunity during London Session. Price was looking to take out an old high Identified the legs of an ABC structure As it did we looked for a creation of structure before the liquidity grab Moved to 15 Min After the Liquidity grab, we looked for price to break past the creation of structure for a market structure shift MSS or CHoCH Moved to 5 Min to ID FVG Wait for price to enter FVG and set SL above recent High Set TP at or near point B of wave Targeting 1:2.5 RR risking 1(or 2) percent of account Emotion: Groggy as I randomly woke up between 1:30-2 am ID Session Time and likely pair Confident in what looked to be forming Surprised that I woke up to what looks to be a perfect set up Frustrated due to sleep time, and inability to understand/read to FXBook calculator Trade MGMT: Entered minutes later than expected due to calculator difficulties Added the wrong lot size by a few as I was unfamiliar with mobile MT5 Created feelings of FOMO that I was missing money or wouldn't get an accurate reading with what looked to be a perfect setup Finally figured out the correct lot size and that I added 1.00 lot initially, and only needed .13 more to risk the %1/2 intended Was tired and didn't remember if I risked 1 or 2 percent Added and additional .13 position far past the initial trade, Looked at the additional .13 as a scale in opportunity, which is something I'd like to be apart of my overall plan
Short
by KennedyW12
The 2021 Jul range is reminiscent of the 2018 bottom.The market has been ranging for a while, and everyone is bored. There are many memes on Twitter about the boredom of the range –it is nuking sideways– Multiple traders have run polls about whether we are in a bear market or a bull market. The results are always almost evenly split between bullish, bearish and neutral. However, the bearish sentiment does seem to have a higher consensus. Some people are waiting for a drop to $25K. On the run-up, that was a level where bitcoin traded heavily. After breaking out from the old ATH ($20K), it spent one week trying to pass the $25K area. So some say it could provide some support. Many expect a retest of the previous ATH. There's talk about a long wick that might pierce lower than the $20K area. All this reminds me of the 2018 bottom. Initially, the price ranged for two months at $6K, the big drop to $3K came, and then it ranged for another two months. Back then, people were expecting to scoop up cheap bitcoin around the previous ATH of $1.1K, and some were even hoping to get bids filled at around $800. All very similar to what we hear today. So, I decided to repeat the 2018 bottom pattern to see what that could look like now. - The bottom could be in, but we have about two more months of ranging. - We could still be on track for $100K by year's end. Based on that pattern, $28,700 is a level to keep an eye on.
BITSTAMP:BTCUSD
by yalla-yalla-habibi
Weekly Trade Recap: NZDJPY, NZDUSD, GBPJPY 05-28-22Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between May 15th- May 20th. NZDUSD: Closed down for +0.51% profit Full analysis/forecast: NZDJPY: Out for BE Full analysis/forecast: GBPJPY: Out for -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
by jojofang0901
9
Weekly Trade Recap: EURNZD +1.7%, GBPAUD +2.3% 03-25-22Hello traders: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Mar 13 - 18th. EURNZD: Running for +1.7%, 1.7:1 RR Full analysis/forecast: GBPAUD: Running for +2.3%, 2.3:1 RR Full analysis/forecast: EURAUD: Out for +3.31%, 3.31:1 RR Full analysis/forecast: GBPNZD: Out for +1% profit, 1:1 RR Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
by jojofang0901
11
NKE | GuidanceJournal Entry Bias: Negative. Sentiment: Pessimistic. Emoji (emotion): Bored 😑. Null Hypothesis: Sell. Alternative Hypothesis: Buy. Signals: ... Position: Short term day trade. Notes: ... Barron's Company Overview: www.barrons.com . Other: ... Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after a profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry. Social: I'm happy to hear from my readers/audience and I encourage constructive feedback; although I'm busy I will give my best effort to reply. About the Author: I'm not a Wall Street retailer or promoter I don't have products/services for sale and my intentions aren't geared towards pumping securities, although I am a financial scientist and one of my sources of income is trading; that is to say anything offered to the community is apart of my scientific journal or goodwill to mankind (you're very welcome). I also strive to become one of Tradingview's pinescript Wizards and Top Authors, as well as build a reputable reputation & following. About the Security: "NIKE, Inc. engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. It operates through the following segments: North America, Europe, Middle East & Africa, Greater China, Asia Pacific & Latin America, Global Brand Divisions, Converse, and Corporate. The North America, Europe, Middle East & Africa, Greater China, and Asia Pacific & Latin America segments refer to the design, development, marketing, and selling of athletic footwear, apparel, and equipment. The Global Brand Divisions represent its NIKE Brand licensing businesses. The Converse segment designs, markets, licenses, and sells casual sneakers, apparel, and accessories. The Corporate segment consists of unallocated general and administrative expenses. The company was founded by William Jay Bowerman and Philip H. Knight on January 25, 1964, and is headquartered in Beaverton, OR." Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.
NYSE:NKEShort
by UnknownUnicorn28743597
Weekly Trade Recap: AUDUSD -1%, NZDUSD -1% 03-06-22Hello everyone: All my trade analysis, forecast are shared on TradingView Live Stream Market Outlook/Updates. You can take a look at the live stream to see my real, live positions by linking broker to Tradingview. Live Stream Link: Monday NY Session, Feb.28th www.tradingview.com Wednesday NY Session, Mar 2nd www.tradingview.com Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Feb 27-Mar 5th. AUDUSD: -1% loss Full analysis/forecast: NZDUSD: -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
by jojofang0901
14
Weekly Trade Recap: DOW +6.25%, AU +2.8%, NU +2.56%, ETH +3.2% Hello everyone: All my trade analysis, forecast are shared on TradingView Live Stream Market Outlook/Updates. You can take a look at the live stream to see my real, live positions by linking my broker to Tradingview. Live Stream Link: Monday NY Session Feb.21th www.tradingview.com Wednesday NY Session Feb 23rd www.tradingview.com Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Feb 20-26th. DOW: 3 entries closed down for total for +6.25% profit Full analysis/forecast: AUDUSD: 2 entries closed down for total of +2.08% profit Full analysis/forecast: NZDUSD: 2 entries closed down for total of +2.56% profit Full analysis/forecast: CADJPY: 2 entries closed down for total of +2% profit Full analysis/forecast: ETHUSD: 3 entries closed down for total of +3.2% profit Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
OANDA:US30USD
by jojofang0901
25
Weekly Trade Recap: EURNZD, DOW, AUDUSD, GBPJPY 02-21-22 Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Feb 13-19th. EURNZD: Closed down for +2.60% Full analysis/forecast: DOW: Closed down for BE Full analysis/forecast: AUDUSD: -1% loss Full analysis/forecast: GBPJPY: -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
by jojofang0901
22
IBM's Sustainability Accelerator ProgramLatinX have high participation in weather-exposed industries, such as construction and agriculture, which are especially vulnerable to extreme temperatures. With that same two °C temperature increase due to global warming, LatinX individuals are 43% more likely to currently live in areas with the highest projected decrease in labor hours due to extreme temperatures. Globally, disasters related to weather, climate or water hazard caused 2 million deaths and US$ 3.64 trillion in losses between the 1970s and 2019. Research published in 2021 in the Journal Nature Climate Change used machine learning to analyze and map more than 100,000 studies of events that could be linked to global warming. Researchers paired the analysis with a well-established data set of temperature and precipitation shifts caused by fossil fuel use and other sources of carbon emissions. Aside from the critical finding that despite existing pledges, the planet is on track to heat up about 2.7 degrees Celsius (4.9 degrees Fahrenheit) by the end of the century, the researchers identified an immense gap in studies. For example, fewer than 10,000 studies looked at climate change's effect on Africa, and about half as many focused on South America. By contrast, roughly 30,000 published papers examined climate impacts in North America.
NYSE:IBMLong
by Julie92092
How to Construct Your Trading Plan 2.0 Hi everyone: Today let's go over a trading plan in more detail. I have made an educational video on this before, and many have asked me to create a more in depth breakdown on this topic. So let's take a look at what topics to include in a trading plan. First, what you should understand is there are no set guidelines of what exactly you should include in your trading plan. Most traders will have different approaches on this topic, and some will have similar ways of constructing it. What is important is this is something you will look at on a regular basis. You will add, remove, edit your plan so it is the most up to date with the information you want to include in. You should NOT however, just copy someone else’s trading plan, since it won't be applicable to you. Below I have outlined the 6 main topics that I include in my trading plan, and I will go over each topic in more detail on what can be included in. Personal Goals, Emotion/Mindset, Changes Trading Checklist Trading Quotes to reflect on Trading Past experiences, mistakes, and lesson Trade Enter Criteria Trade Management If you have any questions, feel free to let me know :) Thank you
TVC:DXYEducation
by jojofang0901
34
Weekly Trade Recap: AUDJPY, NZDJPY, DOW, AUDCAD, 02-05-22Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. AUDJPY: running about +1% Full analysis/forecast: NZDJPY: running about +1.5% Full analysis/forecast: DOW: closed down +0.5% Full analysis/forecast: AUDCAD: -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo DISCLAIMER: -My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
by jojofang0901
44