How did I trade today? 20210917 - Bear Market Trader
Daily Report Card, CPT, Consistently Profitable Trader, day trading, swing trading, road to success, road to becoming a CPT,

How did I trade today? 20210917

How did I trade today? 20210917

Sum­ma­ry: Write preps and execute

#fin­twit #order­flow #day­trad­ing #dai­lyre­port­card #trad­inglifestyle #day­trader­life #grasshop­per­sanony­mous #trad­ing­forex #trad­ing­com­modi­ties #NEXT

A small sum­ma­ry of how I did dur­ing the ses­sion. Things I did well. Things I need to keep work­ing on. Trade Reviews are part of my post-mortem but usu­al­ly I post those the next day.

My week­ly goals: 

  • Trad­ing rules
    • Use SL scal­ing in case the prof­it tar­get for the set­up doesn’t pro­vide 2R for exam­ple for FA or VAA setups
    • No ear­ly exits, either hit SL or 2R target

Good Pre-mar­ket routines

Good Ses­sion PECS

Good Trade selection

Good Trade siz­ing or SL placement

Bad Trade Exe­cu­tion & Mgmt.

Good Risk Adjust­ed Returns

Yes Clar­i­ty — in tune with price

Mup­pet Meter (1 being best — 5 being worst): 2



  • B TPO closed as a bear engulf but due to yes­ter­day exceed­ing ADR and a pos­si­ble prof­it-tak­ing since it is Fri­day I am more inclined for a long bias. 
  • If price can pro­vide a 2R tar­get to val­ue edge I will try a sus­tained auc­tion up play.
  • C closed as an Inside Bar and D TPO is test­ing new­ly formed bear engulf in B. M5 is show­ing strength and I went long on a slight pullback. 
  • Long 1763.535, SL 1759.990 (at IB low), 1770.624 (2R tar­get at VAL)
  • Price made HH through­out E and F
  • I took a screen­shot of where I would nor­mal­ly take the trade off for some prof­it of 0.5R
  • But the trade reversed and I got stopped out for ‑1R.


  • Price accept­ed val­ue on M15 but D TPO closed as a Bull­ish Inside Bar. Was con­sid­er­ing to go long but didn’t like the PA on M15. 
  • Good thing I didn’t go long as price dropped quick rotat­ing through val­ue and sus­tain­ing the auc­tion down. 

How well did I man­age my phys­i­cal, emo­tion­al and cog­ni­tive states?

I did well here. I felt good that I tried the long and that I rec­og­nized it in the first place.


Hypo 3

Sus­tained Auc­tion Up

Even though the bear­ish sen­ti­ment I did well to include this as one of my options.

Attempt­ed Setup

Sus­tained Auction

Actu­al Development

Price con­sol­i­dat­ed above IB even though mak­ing HHs before revers­ing and extend­ing to the down­side form­ing a Neu­tral Day.

Good points

  • I rec­og­nized the pos­si­bil­i­ty for a long play
  • I took the trade

Bad Points

  • I didn’t wait for an exten­sion of IB first

What could I have done better?

  • I could have wait­ed for the exten­sion first and then wait­ed for a pull­back to enter for a 2R tar­get to VAL

For‌ ‌my‌ ‌trade‌ ‌plan(s)‌ ‌on‌ ‌this‌ ‌particular‌ ‌day,‌ ‌go‌ ‌here:‌ ‌


Day trader. Tech geek. Sim Racing Enthusiast.

No Comments

Post A Comment