MLCO Trade on Jul 2, 2018 09:44 from glen55867_BOWS: Tradervue User Stock Trades.

Simulator trade

Daily was PR with gap down, there was some price support at the gap around March this year, but stock did keep going down at open

Intraday is ORB entry

First scale was at about 1.5% as the stock was moving pretty slow and did not offer a spike down to scale out on.

Second scale out was while there were 2 consecutive green candles, so it looked like it was rounding out. The second green candle did not hold green and did go red. So while there was some "protect profits" emotion going on, taking a scale while in profit is always good.

Third scale out was a stop trailing down the 9EMA

What I did well:
Good entry and stop of about 20 cents just above vwap, max shares 400 so well within risk range.

What I would liked to have done:
Wait on the 2nd scale out, I was protecting a profit as my goal was to be $200 positive at end of day. So a bit of emotion on that. Would have liked 750 shares for the risk but my plan does not allow more than 400 shares.

On tradingsim.com I played this to a $209 profit