ROKU Trade on Jul 10, 2020 09:57 from CapitalMastery: Tradervue User Stock Trades.

Summary

Reactive frontside scalps

Did Right

• Traded small scalps, and covered into flushes as we were still on the front side of the move, and ROKU could have easily kept going up
• Was patient with my adds, and fought for good entry prices; I'm especially proud of the $159+ adds
• Got some great covers by having wish cover orders placed ahead of time

Did Wrong

• Exceeded max size of 100 shares for ROKU, given it's ATR. While things worked out on this trade, this is NOT a good habit and it will ultimately get me in trouble i.e. PTON
• Should have stopped out at $157 on the 2nd entry, when ROKU made a push to $159. The short scalp trade was toast at that point. Not stopping out is what lead to me breaking my sizing guidelines as I was kind of forced to average up my position to absorb that up move, and trade out of the position.

Improvements

• Just stop out if a scalp doesn't pan out; can always re-enter, and start a new trade