NIO Trade on Jul 6, 2020 09:53 from cavaliercapital: Tradervue User Stock Trades.

Pleased with the patience on entry, into $12, risking off 12.16 for a move to the downside. Took some off into that flush, which I anticipated would only be 20-40 cents at a time. added back around the 11.80 and once again learning from Fridays PA covered at b/e in case of a rip against me. As it happens that was just a shake out but important to be disciplined as you go. Lesson on this is size vs R, with such a tight stop - a 20-40 cent move needs larger size to make the trade worthwhile. And the bigger lesson is patience against those small moves to the downside. PA recently has been small progressive moves rather then a 50c-$1 flush at a time.