PIC Trade on Sep 18, 2020 13:39 from Leon64: Tradervue User Stock Trades.

Target: 13.5+ | 9.29:1 R:r
Risk: $600 vs.11.75

Setup: A 2WickTrade that formed on the hourly plus a failed Bear Flag. The actual play was failed double top and rip.

Pros:
1. I recognized that bids were getting absorbed and that something was going on.
2. I saw a decent intraday opportunity and took it.
3. I had a good stop.

Cons:
1. I wasn't clear with my plan and changed my stop early.
2. I really thought it would be done after it double topped and failed.
3. I wanted to get @ $11.95, but was also tricked on my entry.
4. There was no reason to change my stop, because the previous resistance was not fully tested.

Note: I was duped by the MM and they scooped up my shares. If I had a lower stop, I would have been set.

Note: I am getting better with picking risk spots. When dealing with intraday stuff, I gotta expect it to be volatile, so I wanna give it more range and let it work. Also, the reward was worth the full risk. The more reward, the more I should be willing to let it work.

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