KMI Trade on Jan 7, 2016 09:34 from SatoshiTrader_BOWS: Tradervue User Stock Trades.

I had this stock on watch for a base breakout. I started with a smaller position of 500 shares with a 0.20 risk. I will cover if 14.80 breaks. Next it tops at 14.80 and I add a large position of a 100 shares with a 0.10 risk. I cover some on the way down 200/1500. Maybe I had to cover some more? Next I add another 1000 I looks like it wants to make a lower high. Then it goes again to 14.80. I add again, at this point of time I'm adding to a loser but in some way I'm convinced I have the right idea. Next it makes a higher low. This is something I didn't want to see. I cover all the shares at breakeven.

On my 3th try I started at $14.80 with 1000 shares. It immediately wen down and I added a 1000 on the pop. Again I covered all the shares at breakeven. After seeing it try to break out for the 4th time I was convinced it will breakout. Wich it did but it was more of a fakeout. I gave up on trying this setup a 4th time.

I feel like I want to have too big sizes and therefor have too close of a risk/stop.
Maybe downsizing on these plays is a good idea?

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