SCKT Trade on Jul 27, 2020 09:52 from _cup0fjoe: Tradervue User Stock Trades.

The small loss on SCKT helped me still have mental capital to trade it well. I got in at 3.48 right after I sold my first trade using 3.40 as my risk lvl again. The tape was telling me that the bottom was formed. I then decided to add another 1/2 size once 3.50 prints began so I entered at 3.52 and used that second add as a sepearte trade risking 3.50 on that one. We then brake VWAP and I decide to offload 1/2 my position although in hindsight I should have offloaded everything. Once the 3.70s stuff I was debating on selling the other half in the 3.60s and getting faked out in spikes to 3.80s/3.90s or not selling it. I held on to it then it began to sell at 3.50s. This should have told me right away that the VWAP reclaim pattern was falling. A successful VWAP reclaim holds VWAP and may drop under VWAP, but quickly trades above it right after. SCKT fell below VWAP and stayed there. I then decided to off the other half at 3.48.

It began to uptrend and actually broke VWAP. The problem I made in hindsight was not taking all the profits I believe. Yes, usually the best trades are when it goes parabolic after reclaiming VWAP, but when I am in at a nice entry I think 20 cents/share is a good move to take. I never felt like I got greedy, I guess my profit target was just off.