ENPH Trade on Feb 19, 2020 09:56 from slowelim: Tradervue User Stock Trades.

We made an excellent short, and only traded what the market threw at us today.
We entered a trade using bracket orders, setting a clearly defined stop-loss and target.

With the aide of the ATR indicator, it was quite easy to identify a fair stop and target distance despite extreme volatility!

In regards to how we can improve:
We need to understand that after we exit a winning trade, there will often be follow through (followup) opportunity's to trade the stock in short order with.
Ex) Such as the 50% retracement, that we could've went LONG on!

We need to emphasize the idea of trading with an SVL level by differentiating between Igniting, Ending, and Resting volume.
Ex) SVL 40,000 shares. That means candlesticks that finish with at, around or above 40k shares are deemed 'tradable'. But this approach to reading and recognizing significant candlesticks is purely based on a reference level of indication on volume levels.
So if a stock opens with an SVL of 40000 shares (in the first three candlesticks), we can assume that any candlesticks that end with 40k+ shares afterwards represent smart money, and are igniting moves (Initiates an uptrend/downtrend), Ending moves (Ends an uptrend/downtrend), or a moves of rest (Consolidation or perhaps even retracement).

We can also continue to improve our trading skills by learning through Live Traders youtube videos, taking notes, and reading books. Frequent reviewing of our notes, and journals on process st, is a good idea.