New day, same boring ass trade plan, PERFECT. Ran scan at 11:00am PT. 29.61% gainer for the day, trading at about twice daily volume (would prefer more), 90 day high, 1 green day runner, well above VWAP, decent news about phase one of a new drug, market is continuing to be bullish, prefer smaller float but very happy with all indicators on this one.
So, this guy faded into the close a bit and was just a dud all morning, I held on way longer than I probably should have and quite frankly got lucky with only a very small loss. Make the plan, stick to the plan. On that note, Feeling like I should open up my risk on the bottom end just a touch. Will play that one by ear. Overall, not a horrible trade, looking back at the set-up it was what i like to trade and all indicators said yes it was a play, just didn't do its part, next up!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!
You can write your trade notes and comments using markdown syntax for links, images, etc. Some quick examples to get you started:
For other options, see Markdown syntax documentation.
Note that normal HTML tags are not supported in Tradervue.