LITE Trade on Jun 6, 2017 10:52 from JIP_BOWS: Tradervue User Stock Trades.

$LITE brokeout of flag pattern on the daily on big volume. I entered intraday on a pullback setup to the 9 ema. It ended up flagging until it brokeout to highs. I scaled out 1/2 near highs and set a trailing .25 stop. I got out the rest of the position as it double topped and broke trend.

Overall, I'm pretty happy with the trade. I could have bought sooner once the 9 ema held instead of waiting for confirmation. I'm still working on not chasing and waiting for too much confirmation. Although, this day I let trades go that I didn't take and would have chased otherwise. So with that I'm happy that I've been using more self control. Also, I waited around for a trade that I felt comfortable with instead of "looking" for trades to enter.

I was done trading at this point in the day as it was past 11 am (CST). I could have set a less tight stop and held the rest for another potential $100+ R.