My Daytrading Diary

September 13th, 2016, 07:56 AM

citikot

@KelvinKing I'm watching Your videos and noticed that You completely ignore VPOC and other HVN's as targets and waiting the price crowl through them to Your target. Is it intentional? Why You didn't scale out at least 1 contract at VPOC and prefer to scratch Your whole position in case if price start to return to Your entry from VPOC?

Hi citikot,

Yes, I do use VPOC and VWAP as the first scale out targets. As for other levels like HVNs, that depends a lot on the order flow that I'm seeing at the moment.

Could you tell me which video that you watched? I can explain my thought process better.

Thanks!

September 13th, 2016, 07:59 AM

KelvinKing

Hi citikot,

Yes, I do use VPOC and VWAP as the first scale out targets. As for other levels like HVNs, that depends a lot on the order flow that I'm seeing at the moment.

Could you tell me which video that you watched? I can explain my thought process better.

Thanks!

I watched last 3 one. 06, 09 and 12 of September. Actually my question was related more to videos from 09 and 12.

September 13th, 2016, 08:03 AM

citikot

I watched last 3 one. 06, 09 and 12 of September. Actually my question was related more to videos from 09 and 12.

Ah ok, on those 2 days I only had 1 contract on. I usually have 2. But since I've been having a bit of a small draw down, I've reduced my size. So in those cases, I'm using a hard target +10.

If you watch some of my earlier videos, where I trade 2 contracts, I do take the first one off at VPOC/VWAP.

Cheers!

September 13th, 2016, 08:14 AM

KelvinKing

If you watch some of my earlier videos, where I trade 2 contracts, I do take the first one off at VPOC/VWAP.

I see

September 13th, 2016, 01:50 PM

Hey Kelvin,

I have been following your videos on youtube and really enjoy the content, just came across your journal.

Thanks for sharing, it's awesome.

David Taylor

September 14th, 2016, 10:15 AM

All dog shit and clowns... lol.

Regarding those two big offers: Probably shorts protecting their position. You do not know if they are real until they get hit with size.

September 15th, 2016, 03:11 AM

Alexander Savin

All dog shit and clowns... lol.

Regarding those two big offers: Probably shorts protecting their position. You do not know if they are real until they get hit with size.

LoL.. Yeah I try to make it a little bit entertaining in my own weird way...

I'm pretty sure those orders were real, because they didn't move even when it became the inside offer just for a few seconds.

Cheers!

September 15th, 2016, 03:11 AM

davidtaylor

Hey Kelvin,

I have been following your videos on youtube and really enjoy the content, just came across your journal.

Thanks for sharing, it's awesome.

David Taylor

Thanks for the kind words David. Cheers!

September 15th, 2016, 03:11 AM

September 20th, 2016, 01:08 AM

My Daytrading Diary

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My Daytrading Diary