BILI Trade on Jul 9, 2018 09:41 from glen55867_BOWS: Tradervue User Stock Trades.

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glen55867_BOWS

 

ERROR is loose intraday pattern

1.3% Cost

Daily chart is a PR Gapper. BILI found support at $12.44 on Friday and gapped up this morning. Overhead resistance is at $14.12 but considered this as this has been an in play stock recently

https://www.tradingview.com/x/1ixoG50T/

INTRADAY PATTERN ERROR
Intraday setup was an ORB, however this needs work as the pattern is loose there is 1.5% spikes in the upper wicks. I have now set a reminder on my phone to go off shortly after the market opens that reminds me to be patient.

Its better to not be in a trade wishing you were than to be in a trade wishing you were not.

Risk was 13c to under the range and went with 400 shares.

What did I do well...
I placed my first trade actual live trade on the new platform and I felt while I had some mild butterfly in the stomach feeling overall it did not feel very different to the sim trading.

I set a stop loss and honored that stop loss

What would I like to do well...
wait for a setup, this ORB was not on but a pullback and remount of the 9EMA did happen, so I would have liked to pass on this trade and wait for the right setup.

Learning experience

Replayed this on tradingsim.com
The good thing is that I didn't see an ORB at all when I did this a few days later


Execution detail:

Date/time Symbol Side Price Position
2018-07-09 09:41:29 BILI buy $13.789 long
2018-07-09 09:51:23 BILI sell $13.610 0


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