ROKU Trade on Aug 8, 2019 09:32 from kerobo0000: Tradervue User Stock Trades.

Daily Report Card:
-morning prep: 4/10
-distractions/distracted: 0/10

Rationale:
-Gapping up +17% on positive earnings beat, improved outlook
-catalyst driven signal from a name on my focus watchlist (i.e., ideal trade signals)

How much risk should/did I take? 1,736 (12% of NLV); appropriate level of risk even though total position greater than 10% (seems like main risk metric will have to be a NLV based daily stop (%) and/or daily units of risk allow

Recap:

How could I have traded this better?
-be a little more patient, anticipate the fact that it will spend some time below VWAP due to profit-taking (strong catalyst) and the nature of it being a high-priced underlying
-although had I got in a bit earlier (entering as it pulled back into the open/risking a break of the open), profit taker would've executed at the HOD

Gain/loss relative to expected gain/loss:
-gain smaller than expectations but was able to lock in small profits due to use of trailing stop
-had a +1.25 gain on each contract, but didn't have the awareness to begin scale-out at +1.00 of profit/contract due to how fast move happened
-want to be mechanical about +$1 / +30% initial scale out (have to choose one or the other for bracketed order, so have to keep this top of mind)
-had a much larger