CANF Trade on Nov 29, 2019 09:40 from BTradez: Tradervue User Stock Trades.

Goals
Preplan every trade-in Evernote and have the plan pulled up while trading. Refer to the plan throughout the trade and trade the plan. Respect max daily loss. If the max daily loss was respected and the original trading plan followed... The trading session is a WIN. (Valid until 12/31/2019 reassess after to see progress)

Maximize DL Winners through Recycling & Holding size for targets

Report
So trade went okay, took a loss which is completely okay because we're making modifications to the process to make these trades better. I got a little upset when I saw how if I traded it like usual it would have worked very well but Cody reminded me if I did that then I still wouldn't be making any progress.

The main goal here is to maximize the DL trades and fix the RR. The idea to do this is to have the trade management process as short 2/3 into the DL using a 25% recycle until new lows. I added but got too big to soon and had to move risk down and covered where I should have been channeling. So simply going to now wait for CONFIRMED lows.

Areas to Improve
Only add to a winner, on CONFIRMED new lows.

Using:
Abnormal Volume -OR- 5 Min bar confirmation

Win Or Lose (Process Not PnL)
Win

Pre Market Ever Note Plan

Chart

Live Trade Recording

Video Trade Review