Trading Floor Weimar

Trading Floor Weimar Trading Floor Weimar is a team of Daytraders with an office in Weimar. Anyone with a deep passion fo

28/01/2022

Hello Traders,

result of Jan-27-2022

daily loss $330.

Markets did not follow any clear direction, no movement was persistent and my trades were in and out until my loss for the day hit.

I post wins and losses here and making $567 yesterday and losing §330 today is not easy, but I know that every trade had a setup I traded when I was making my most profit, so it is up to the market to move and up to me to react and to decide when to call it quits.

WE are still up on the week and the month, so green balance still.

Just a red day and we kept the loss in the limit.

See you tomorrow.

Hello Traders,result of Jan-26-2022:daily profit 567$USD.Only TSLA trading today because I can read the price action bet...
27/01/2022

Hello Traders,

result of Jan-26-2022:

daily profit 567$USD.

Only TSLA trading today because I can read the price action better than on other stocks I believe.

With the speech of Jerome "the money printer" Powell from the FED at 2 pm, I was trading carefully in the time before the speech, only making 35$USD.

After 2 pm the market whipsawed once again to then follow the bad news from the fed and go down. Most of the gains were made on the way down on TSLA, but I traded both direction (long/short) with the price action, as you can see in the screenshot. I was all over the chart, sticking to what I read and see.

The balance was up at 675$ USD in profit at 3.30 pm (30 min before the close), I lost 110$ on the last trade and that hit my maximum Loss-From-Top trigger and shut me down from trading automaticaly for the day.

So the day ended with 567$ USD profit.

Hello Traders, result of the 24.Nov.2021:Daily profit: $+138 USDSince CRM worked well for me the last time, I watched it...
27/11/2021

Hello Traders, result of the 24.Nov.2021:

Daily profit: $+138 USD

Since CRM worked well for me the last time, I watched it today as well. In the screenshot violet arrows are short sell order, blue is buy and yellow is seel order(to close a buy). The platform i use differenciates between sell orders to close a buy and a short sell. Just FYI.

After lunch time at 1.30 PM EST, CRM was well overextended from VWAP and formed a M-formation and moved sideways. When I saw the bearish shift (EMAs vut for short, MACD negative, last structure was broken closed) I placed my short sell orders.
After that, prices whipsawed like crazy and I am happy to have not placed a fix StopLoss yet because that was exactly what was hunted in these moves.

I like to watch the trade and calculate my stop before I go in and give it a margin above that just to make sure these stophunts don´t kick me out or make my loss unexpected higher. Think ahead traders and prepare for the worst.

Eitherway CRM moved down to the last strucutre support where I took profits, shorted again on the retracement and closed all short positions on signs of strength.

So I was actualy bearish on CRM but shifted as the market shifted the sentiment. I will not be stubborn and stay short just because I think thats what the market is doing. Read price action and you see the direction.

On the sideways move i filled up my long orders and took profit on the way up until the market closed for the day.

Lesson: Don´t be stubborn, your strategy can be working now and you have to adapt in the next minute. Thats trading and rules apply at everytime. If market is bearish, I am bearish, if markets are bullish I am bullish. It is as simple as that.

Have a good weekend!

Hello Traders, result of the 23.Nov. 2021:Daily profit: $+309USDToday I did not feel like being all over the market and ...
24/11/2021

Hello Traders, result of the 23.Nov. 2021:

Daily profit: $+309USD

Today I did not feel like being all over the market and only traded CRM. After the market drop since the open I waited for reversal signs to go long.

At 289 USD prices moves sideways and some stoplosses below market structure were hunted. That gives me a good indication that a move is in preparation. But I did not know if up or down.

So I only opened a small position to get the feeling of the moves and to not miss out in case it runs. After a inverse head and shoulder formation (reversal sign) I waited for the MACD and EMAs to confirm a bullish market and I placed my order on the neckline (green ellipse).

From there it was smooth sailing and the VWAP was hit as a last take profit zone. I closed 10% each time on round numbers and quarters on the way up.

The trade needed some patience but I rather watch one stock and understand what to do than watch 10 and miss 50% of my entries.

A very good day.

See you later.

Hello Traders, result of the 22.Nov.2021:Daily profit: $+138This day was a great example that trading does not have to b...
22/11/2021

Hello Traders, result of the 22.Nov.2021:

Daily profit: $+138

This day was a great example that trading does not have to be complicated and once you developed a strategy you don´t have to be glued to the screens.

Today I went to sports at 1pm ET (7pm CET) and so I only checked markets that are very extended from VWAP so when I come back I can trade the reversal back to VWAP. I wrote down 9 stocks but only 2 of them gave me an actual setup because most of them already retraced to VWAP while I was gone or moved further away from VWAP.

💥F: On Ford I did not get my full share size so it was just a 9$ winner but what matters is the setup and the trade itself.

On the first screenshot you can see the whole trading day on a 1min chart. The second picture is zoomed in on the chart I was trading when I came back to the PC. The last days high was 20.80, so I expected a resistance there and wanted to see a fail break above with an immediate close below the last candle. There was no fail breakout but prices went below 20.75 (structure support).

On the breake of that level I took my first short with 150 shares. Trade went well for some time but I did not take profit yet. Prices reversed and I backed out to not make it a loser.

I waited for the price action to shift to weakness again, which happened at 20.68 (box in the picture). Here I placed several limit orders from 20.64 up to 20.70 but only the first order got filled. Before market closed I closed my orders.

💥GM: (Same setup as F): Prices reached last days high at 65.00 and failed. I did not get any order filled because prices did not retrace higher and I did not want to enter at market order.

I waited, and on the retracement from 64.55 to 64.70 I placed my limit orders. Once the first green candle closed, I drew a fibonacci of the impulse, showing me the 38.2 and 61.8 retracement levels I placed my orders at.

Only the first level got hit and so I only went in with 400 shares (26.000 USD buying power) but that was only half my expected position size. Entry was perfect eitherway I took profit on 10 to 15 cent moves down until market close.

I know that reading this is not the same but I encourage you to imagine the setup and go through it and ask any question if they come up. I am happy to answer them in the comments.

In total I traded 1h15 min (15min preparation, 1 h trading in the "power hour"). I used a maximum buying power of 30.000 USD and traded 1300 shares in 21 trades.

A good day!

See you next time.

Hello Traders, result of the 17.11.2021:Daily profit: +$161Another day, another $160 profit.I traded 2 stocks today, AMD...
17/11/2021

Hello Traders, result of the 17.11.2021:

Daily profit: +$161

Another day, another $160 profit.

I traded 2 stocks today, AMD and MRNA, both short, since in the afternoon the extended market tend to retrace back to VWAP. So my plan was to wait for fail break top and short it down to VWAP.

💥AMD: When I saw the chart, prices already dropped below VWAP, so I shorted the retest at 152.50 for a further move down. I took most of the profit on the last support /low around 151.25 and moved the StopLoss to breakeven. After that I just moved the Stop further into the money and got stopped out o the break above 151.25. AMD loves to trade in .25 (quarters), so when I determine my entries and exits I keep these prices in mind. I made $50 on AMD.

💥MRNA: So on MRNA I got stopped out 2 times before I got my final entry that worked. There were several breakouts and bearish moves right after that, which confirmed my short entry, but it did not happen yet. Only at 249.00 prices did not go higher (250 is a daily resistance lvl) and the money I lost on the stopp outs before were pretty fast made back. I tried to load up the position as early as possible around 248 and 247.50 but did not get all my positions filled. In the end I has enough to confortably ride the trend down to VWAP as expected and made $150 on MRNA.

Have a good one!

Hello Traders, some time has passed since the last post. Don´t worry I still traded but posting every time is work as we...
16/11/2021

Hello Traders, some time has passed since the last post. Don´t worry I still traded but posting every time is work as well, so I took a break from it.

Result of the 16.11.2021.

Daily profit: $+160

Today I just traded ONE stock - Draftking (DKNG) because I really wanted to focus on the price action. Before I placed a trade my strategy was:
1. If a close above the resistance is confirmed I stay bullish OR
2. In case of a fake out break and close below the breakout candle, I am going short.

As you can see in the screenshot of the 10 min chart, there was a clear resistance at 39.85. Dropping down on the 1min chart I tipped my toes into the short with a small position before we hit that level.

I waited for the break out candle above that price to see if it holds. Prices went to 39.87 (only 2 cents higher thatn the resistance level) and got pushed down immediatly. Since I already had short shares open I did not need to add at these prices.

Prices dropped down nicely very quick wich is a great confirmation for the trade.

10 min later prices retraced to the EMA 9, there doubled my position size as well as on the break of the low at 39.70. (500 shares in total)

On the strong retracement from 39.55 to 39.74 I already had a short limit order waiting to add some more shares.

After that I just exited at recent support levels to take profit at 39.50 , 39.40, closed most of the remaining position 13 min before market close on an uptick and reloaded on the stophunt.

I closed everything 10 sec before market close at 39.38, 39.35 and 39.33.

Total trading time was 2h, max buying power used was 20k USD and we executed 44 trades in total.

Focusing on one stock to better follow the price action was benefitial today.

Have a great day and see you soon!

Hello Traders, result for October:Monthly loss: $-831It was a mixed month that started of very bad. We experienced two l...
30/10/2021

Hello Traders, result for October:

Monthly loss: $-831

It was a mixed month that started of very bad. We experienced two larger red days in a row on the 01.10 and 06.10 of $2,9k loss (first two trading days of the month) that we had to work ourself out of.

The rest of the month was more successful with $1,1k profit on the 22.10 and only 4 red days and 10 green days. It was still not enough to get green on the month but we reduced the damage on the balance.

Not the best result but we keep it real, we post winners and losers and take every day as a new chance! Stay dedicated and always impeove and learn from your mistakes.

✅Consistantly profitable traders are not the ones who hit homerun trades and don´t make ANY mistakes (yeah, sure, thats a dream). Every body makes bad trades, mistakes, mismanagement of the postions because we are humans and thats just part of the job.
..BUT the ones that make money are the ones who reduce the danger of their mistkaes to a calculatable, non-risk factor size so you can work with it without blowing up your account.

Keep that in mind. See you soon!

Hello Traders, results of the week from 25.10.2021 - 29.10.2021Weekly profit: $+774One red day in the week with a loss o...
30/10/2021

Hello Traders, results of the week from 25.10.2021 - 29.10.2021

Weekly profit: $+774

One red day in the week with a loss of $253, but three green days with an average of $342/day profit. Including the loss this week brought $193/day profit.

So, it is always important in trading to look at the big picture. no single day should define or impact your trading as a whole. In other words, dont blow up your account with one trade, keep the risk controled.

There will be red days, weeks and months in the future but at the end of the year you draw the line and see where you are at.

Have a good one!

Hello Traders, results of the 28.10.2021 and the 29.10.2021:Daily profit 28.10: $+450Daily profit 29.10: $+360💥FB: Faceb...
30/10/2021

Hello Traders, results of the 28.10.2021 and the 29.10.2021:

Daily profit 28.10: $+450
Daily profit 29.10: $+360

💥FB: Facebook was the biggest trade on both days. After announcing the change of their name to Metaverse which tells the the ongoing process stepping into the virtual reality universe. "Ready Player One" can be used as a reference where Facebook might be heading.

Back to the trades: On the 28.10 we had an up and down day with a drawdown to work ourselfes out and finishing in the green.

We bought FB at the news and made most of our profits, while on the 29.10 we made most of the money shorting FB at the weakened high.

I will upload one or two videos with the trading session so you will see exactly what happened.

Have a good one!

Hello Traders, results of the 25.10.2021:Daily profit $215💥DKNG: As shown in the screenshot, after the close below the n...
26/10/2021

Hello Traders, results of the 25.10.2021:

Daily profit $215

💥DKNG: As shown in the screenshot, after the close below the neckline 47.1 we positioned our short orders close to it for a retest. StopLoss at 47.2. Trade went perfectly clean and profit has been taken at VWAP.

💥CRTD: First trade was a short on the retest of a triple bottom support at 5.2. Prices surged and kicked us out of the trade. Next trade was another short, same idea (retest of previous structure support), after we got our entry, prices crashed down (not as expected, but hoped). Trading was halted for 5min and continued to be more stable. Our initial takeprofits at 4.25 down to 4.1 were not hit by 5 cents. After the bounce we closed n profit to prevent more upward move and decreased profits. As you can see in the second screenshot on CRTD, eventually the prices reached our Takeprofit zone around 30 minutes later. But we were already out and happy with the days result.

See you next time!

Hello Traders, weekly result from 18.10.2021 to 22.10.2021:Wekly profit $910Most gains were made on friday with the mass...
23/10/2021

Hello Traders, weekly result from 18.10.2021 to 22.10.2021:

Wekly profit $910

Most gains were made on friday with the massive run up on DWAC,PHUN and a little on CRTD. The rest of the week was more flat.

See you soon!

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