ROKU Trade on Jun 5, 2019 09:33 from MarcoG: Tradervue User Stock Trades.

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MarcoG

 

Set-up : 3min ORB
Symbol Name: ROKU
Side : Long
Size : 15 (Should have been 80)
Entry : 97.710
Takes : 98.12 / 98.39 /
Exit : 97.44
P/R : 1.4

Comments: I have entered ROKU for the break of PM high. I am happy for the entry even if I have entered 10 cents above my planned entry but I am very disappointed on the size calculation. Apparently emotions let me lose the point and trade always less then what I should trade. I think it's time for me to start definitely from tomorrow to raise size for a risk of 100$ per trade!
It's the beginning of the month thus it's the best moment to start doing that!

I have to underline the fact that having an entry slightly higher then planned led me to close break even the position once price got back to me after 2 takes. I consider it a mistake cause I could have given it some cents space as I mostly do and have a little space to add at pullback, I had the order prepared to double my position at the break of the first pullback that then occurred at 98.70 for an avg price of 98.20. Then take at targets up to 99.50

Tomorrow it a new day with new opportunities to make it better not repeating the same mistakes! Found a possible solution to the problem we apply the remedy and wait for the results to arrive! If no results we get back and review once again to find a new solution! Not repeating the same wrong practice it's already half of the job. Then time will tell if the solution was a winning one!!

So from tomorrow I will use this scheme for me to trade the right amount of shares!!
I will use this calculator! I guess will be fast just to type in the cents against me and get the number of shares. It will also be useful to calculate avg price once scaling in a position!!
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Execution detail:

Date/time Symbol Side Price Position
2019-06-05 09:33:14 ROKU buy $97.710 long
2019-06-05 09:33:46 ROKU sell $98.150 long
2019-06-05 09:33:56 ROKU sell $98.360 long
2019-06-05 09:35:24 ROKU sell $97.720 0


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