SQQQ Trade on Jul 27, 2021 10:09 from MichaelBLe: Tradervue User Stock Trades.

Seeing market breadth narrow into the software names which are now extended. TSLA earnings reaction was lackluster. Giving back all of the gains it made yesterday. ROKU is now engulfing bearish candle. NVDA is making a lower high. Earning winner CROX is losing the tight range after a strong PEG.

CROX

NVDA

ROKU

7:14AM
I just doubled my position size in this name. Risking about .15 or $300 on this trade. Many names are red on the day...

7-28
6:22AM
I started to move my stop up and scale my way out of this trade. I didn't monitor this closely enough and let some decent gains go on this one. I should get into the habit of scaling a small portion into strength. Being up 2R at one point, I should have captured at least 1R.

Looking at the chart above, I actually think letting this have room to consolidate and pullback was ok. Volume on the pullback is lower than the morning push. Small candles into the EMAs. I don't think this trade is done yet.

6:35AM
Took another position in SQQQ. Market gapped up slightly this morning after the high volume selling candle. SHOP reported good earnings and market isn't reacting to it very well so far...

I doubled my position here. Financing the realized profits to make a larger trade. Something Mark constantly mentions...

6:42AM
I moved my stop up to near break even to reduce risk as this trade is currently working. Trying to minimize my risk as quickly as possible but at the at the same time, not choke out the trade..

7:04AM
Got stopped out of my position. No harm done. Used the past winner to finance a potential winner today. I'll sit and observe some more before making a new trade.