ENPH Trade on Oct 26, 2022 09:37 from JRockTrades: Tradervue User Stock Trades.

This was a really well planned and executed trade. I had 280 marked down as an inflection since Steve was talking about that in the morning meeting. I wanted to buy a little ahead of this level in case it didn't come all the way in before reversing. I took a responsible position size because I was using a $2 stop. If I had gotten taken out for a loss that represents about 40% of my daily stop, so I definitely was still putting on a good amount of risk.

Price dipped to about 279 after my entry, but didn't challenge my stop. As price came back I was determined to not take the trade off until I was at least twice my risk to the upside, about $4. I didn't quite make that but was taking some off about $3 higher, but continued to take sales until over $290 where I had made $10 and had no shares left.

This trade is quite different than a lot of other trades I've taken lately. I had it planned out well in advance and stuck to that plan. It was very realistic in terms of the amount of room I needed to give it to work and position size. It would have been nice to take 100 shares, but then I would have hit out on the dip to 279 for a brutal loss. Overall very happy with how this trade worked out.