UBER Trade on Feb 7, 2020 11:11 from mkingsbury: Tradervue User Stock Trades.

Uber again, will be shorter with this review, UBER was coming off the high of my previous trade that didn't workout, we then fell to $40, nice whole number that was tested on 8 different 1m candles. Once I saw it nearly glued to price I entered and it bounced up to 40.05 and came right back down where I added 100 more shares, risk was off 40.10, then lowered to 40.05 once it went back down to 40.

Once I saw the orders sitting on the bid diminished to just a few and then the tape started ramping up I got ready to cover near VWAP, the break wasn't so clean, we never bid 40 again but it didn't flush to VWAP like I wanted. Average cost was 40 and stop-out was a bid of 40.01. I had a limit order at 39.85, right at VWAP which was hit a minute or two later.

For my first real scalp, I think it was alright, the idea was good, execution maybe could've been a bit better, since the first tap of VWAP I didn't have my limit order in because it was so fast.

End result, +.6R, max risk was .2R