MU Trade on Mar 21, 2019 09:36 from MarcoG: Tradervue User Stock Trades.

5Min ORB on ER beats!!

Requirements:

RVOL: Possibly >1.5
pmVOL: Possibly >50 K
avg Vol: > 1M
Vol @ Day : > 1 M
Gap: Strictly needed
Long Term Chart : Possible Pocket, trend already defined and strength.
Float: > 20 M
Short Float: Possibly >40%
Institutional Ownership : Possibly > 100%
History of Gap Follower: YES
History of former runner: YES
Major ETF movement and strength: Possibly Trending with strength!

Set-up : 5min ORB
Symbol Name: MU
Side : Long
Size : 10
Entry : 42.58
Takes : 43.05 (Achieved) / 43.20 (Achieved) / 43.35 (Achieved) / 43.50 (Achieved) / 43.65 ( Not achieved, I wanted to stay not below 2:1 p/r and at 43.80 there was the 200MA
Exit : 42.30
P/R : 2.50:1

Comments: Entered for the 5min ORB, I am quite happy about my attitude toward this trade. I have given it the time and space to move, I have just traded the price and no any other emotion or opinion. At 2:1 p/r I didn't want to lose what gained, reason why once got to 43.52 and the price went back to 43.35 I have closed one more piece. It was a good choice. I don't need to spot the entire move I have just to get green trades that are higher then the red ones. 2:1 is quite enough for me at the moment.

14/08/19
WTF!!!
What a missed trade :(
I first held nicely to let the stock keep back his track but I didn't add any shares, I hav even closed the position for no reason!!!