RMGN Trade on Jan 11, 2018 10:01 from alext341: Tradervue User Stock Trades.

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alext341

 

Best scalp trade of the day on RMGN on the first 5-minute candle to make a new high from a bull flag. The stock gave a false breakout at that level, but you were still able to sell out of your position with your profit targets for a nice, small profit.

Last trade out of the day, which I closed for $157.23 in net realized gains. Closed the day green with $208.45 in net realized gains.

Some of my missteps today included missing out on three great setups: 1) The first was on the opening range breakout on RMGN. You saw this stock moving up right out of the open but hesitated to take the trade. You do not usually trade gappers, but these setups have been panning out well as of late. 2) CNET on the daily setup breakout. You reset your hotkeys earlier in the morning to buy limit orders with larger share sizes, but the entry at 5.70 which you tried taking for 1,500 was too expensive for your cash account. It was also margin-restricted on Suretrader, so you could not take the trade quickly enough with 500 shares. 3) PYDS was probably the stock I really missed out on. I could have easily taken 1,500 shares on this trade, but the ticker symbol did not show up clearly on Ross's high of day scanner, and I thought I heard him say DYDS instead of PYDS, so I missed out on that. The stock rose nearly a point. If I had taken the trade at 2.70, I could have made about 50 cent per share for a $750 win. This stock was also restricted on Suretrader.


Execution detail:

Date/time Symbol Side Price Position
2018-01-11 10:01:55 RMGN buy $2.190 long
2018-01-11 10:02:07 RMGN sell $2.300 long
2018-01-11 10:02:09 RMGN sell $2.330 0


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