CNTF Trade on Jan 5, 2018 09:57 from alext341: Tradervue User Stock Trades.

This was a much harder trade as there was not as clear of a setup like on the other stocks this morning. I also broke some of my rules in a minor way, in my opinion. When the stock failed to resolve on its move and broke down, I hesitated to sell for a loss at my max stop of 10 cents. It happened very quickly, and it had actually dropped even lower before coming back up again for me to sell with a 15 cent loss, which was not too bad.

The entry above the daily breakout on this stock was actually about several cents lower than the entry on your biggest winner today on CCCL, but CCCL had about 4 times more volume on the 1-minute break than did CNTF. The four major problems with this trade were this: 1) Not enough volume, 2) Mediocre timing on your entry, 3) A wide spread of greater than 10 cents at the time of entry--from what I recall--which was an indicator of poor liquidity, probably because of its relatively low volume, 4) Choppy sympathy momentum on the other Chinese stocks that failed to follow through cleanly on their breakouts.

You still went ahead and took the risk on a setup that was not bad, but not quite mediocre either. It was a sub-par setup at best. You closed the trade with an $85.10 net realized loss on a 500 share position.