LTHM Trade on Oct 7, 2020 09:39 from Steve_Trades: Tradervue User Stock Trades.

Top trade of the day. +2.7%.

I was looking to buy a dip off the open and then run up to at least test yesterday's high of $12.18.

Entries: Bought 2 lots on the way down putting emphasis on a support level I had marked-up at about $11.30. 3rd lot got bought early in the reversal which was a nice fill that I'm happy with.

Exits: Sold out in 3rds first at about VWAP to lock in some profit, followed by exits on the final two legs before a bigger pullback - in this case to the 9EMA

Thoughts:
- Nailed the entry.
- Reasonable exit to the trade by locking in profit in 3rds
- Could have definitely held that last lot longer through the pullback and let it run.
- Lock-in profit without selling too early when you're in a good situation.
- The price respected the 9EMA through the runnup.

Next Time:
- Take more size on that first entry and put a 'flag in the ground' with conviction