RIOT Trade on Feb 19, 2021 10:21 from Goku_BOWS: Tradervue User Stock Trades.

Daily Setup - Momentum continuation

Intraday : Quick pullback buy. Pulled back to VWAP and 9EMA and bounced.

A bit late on the entry, but good confirmation. I got scared of losing money on the pullback so I stopped out early. I've seen two different ways to stop out and toying with changing my method up a bit. I was originally taught to move my stop up to the buy price after you've scaled out to protect profits, and now I see that some traders keep the original stop. I've seen a few break even trades from professional traders that get the initial move and then give it back with the remaining portion so I'm still wondering if this is right for me. I'm going to try to tag trades so I know if I would have made more or less with the second method vs my method. I will also mention the first method usually relies on MAs for stop placement and the second relies on candle tops and bottoms. I usually feel like candle tops and bottoms are way to much risk compared to my targets. Bad setups? or just a different style.