WDC Trade on Jan 14, 2019 11:20 from MarcoG: Tradervue User Stock Trades.

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MarcoG

 

Traded the fade and retest of the VWAP
I have entered after it retested the VWAP 11 times!!!!!!
None of those has given a range wider then 30cents
I am able to hold on and wait for price setting up but those days I haven't been able to spot a decent move so far. I am not closing position with a fake profit, I am placing my profit orders and holding on them. But the last week none of the stocks/entry I have traded moved enough to fill a 1:5 profit target as just first target. NEM today did it but not more then that while I was already stopped.

01/18/2019
This is the reason why I have to account the fact that my profit will be the result of trades made in the entire month/semester/year. No fear of closing out missed entry as well as no fear in giving it space to move when in your favor!!
That week has been a bit controversial thus a conservative attitude would have payed out. Ok then you will not spot other easy opportunities!! I think in the long term the profit curve will give me right and will go up!! Stocks move almost everyday up and down and there are enough stocks and days in a year to catch very profitable opportunities. I don't mind to miss good money for days if I am able to close up the month with a +20% on my PDT minimum account. Even a 10% would be ok if the result of a Risk/Profit balanced approach.

05/13/2019
5min ORB below 37.20 but not a home run trade! WDC is quite choppy and goes in my blacklist of stocks I might think to avoid!


Execution detail:

Date/time Symbol Side Price Position
2019-01-14 11:20:45 WDC sell $36.790 short
2019-01-14 11:29:14 WDC buy $37.070 0


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