EDSA Trade on Sep 5, 2019 09:40 from tradeking313: Tradervue User Stock Trades.

EDSA had all my criterias to enter today. Unfortunately..the market today was choppy and there was no gains from any stocks from my scanner. EDSA was the best pick this morning for me. News regarding received approval from Health Canada to begin a clinical study of its investigational drug, EB02, which the company is developing as a potential treatment for patients with grade I-III internal hemorrhoids. My first entry Had all the right tools as far as momentum shift for a breakout at 5.11 above VWAP. Then something occurred to me. I removed one of my top indicators from my studies last night. Bad Idea. I had to exit quickly. Then I see another opportunity to squeeze through the shorts which got some of my loss back. Still down...me and my team decided to wait until its very clear that it would break out the HOD. I saw a great HOD breakout i believe at the 5.18 mark. I'm 1-1 TODAY ON TRADES AND STILL DOWN and I did not enter. My team entered and was now collecting profit. So now im like sitting at my desk like "are you serious right now". I waited for a pullback opportunity and got in on the next candle at 5.32 BOOM!! It finally began to run off buying pressure. After looking at the Level 2..I knew this was going to run to the 6.00s...but not sure how long it would be until it reached that level. I sold half and 5.45 and the rest 5.50 as I saw sellers coming from level 2 . Im up for today. Remember my rule was to only play 1 1/2 hours per day. its 9 minutes until its time for me to leave the desk..Im back up on profit today..what do i do? I see momentum coming along..I decided to play more but decrease my share size so i can risk small to gain more. Good plays after that first loss trade.

Reminder: Keep it simple. Don't add anything new to my setup..If it ain't broke ..dont fix it

Grade: C+