OEG Trade on Feb 23, 2021 10:46 from Jrow3: Tradervue User Stock Trades.

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Jrow3

 
1. Took a breakout of a flag setup as it was testing market highs. 
    a. Contraindications:
        i. It was not making new highs on the daily chart and subsequently did not surpass premarket highs
2. Risk: .31 to .27 as it would make a new 1min low
    a. Reward: break of highs beyond .35
3. Took 1/4 of my BP as it was a decent setup within the context of the day. It wasn’t an obvious stock though so I figured it would not get a ton of support via momentum
    a. Could have taken 1/3 given how strong and organized the setup was but I figure it was smart to take 1/4 given the lack of volume
4. Took 1/4 at .37 as it broke highs
    a. Took 1/4 at the next two levels bc it was slow under .5 and left 45 shares ~.5 of my initial position to test .5 which did not happen
5. As the first 1min candle made a new low I had to sell all of my position
    a. I learned to be patient within the trade especially given the volume context of this stock
    b. I was patient by letting a good chunk of my position have the ability to test .5

Execution detail:

Date/time Symbol Side Price Position
2021-02-23 10:46:39 OEG buy $6.310 long
2021-02-23 10:48:09 OEG sell $6.370 long
2021-02-23 10:48:35 OEG sell $6.430 long
2021-02-23 10:49:28 OEG sell $6.450 long
2021-02-23 10:53:39 OEG sell $6.350 0


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