NTRA Trade on Jun 25, 2018 09:42 from glen55867_BOWS: Tradervue User Stock Trades.

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glen55867_BOWS

 

Simulator trade

Live trade snapshot:

https://www.tradingview.com/x/7dTpZjQ5/

Daily setup is a MOMO stock that made a breakout with great volume. Daily Stochastic is neutral and there is no price or MA resistance. this would be a second day continuation of strong momentum.

Intraday setup was an ORB

Risk was 20 cents to under the 9EMA, so 750 shares for total $150 risk

First scale was into a big spike and caught it very nicely at the peak

Second scale out was as there seemed to be indecision after a big red candle, so took some profit.

For third scale, I was called to a meeting, so put a tight stop under the candle. Got stopped while in the meeting. Need to develop a strategy for when I get called away due to work. Maybe a stop at buy price instead of being so tight under the candle?

Overall pretty happy with this trade, was I able to watch the last third and ride a stop up the 9 EMA then there was another $370 available that would make this s very nice trade.

here is a screenshot of the Sim replay

http://www.screencast.com/t/5xPJJDFZqdQ

Scale out into spike and move stop to break even
Follow up 9 and scale out when it spikes
Follow up 9 and stop out when 9 is crossed


Execution detail:

Date/time Symbol Side Price Position
2018-06-25 09:42:55 NTRA buy $16.480 long
2018-06-25 09:44:49 NTRA sell $17.220 long
2018-06-25 09:53:14 NTRA sell $16.830 long
2018-06-25 10:04:00 NTRA sell $16.820 0


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