SQ Trade on Feb 5, 2019 09:39 from MarcoG: Tradervue User Stock Trades.

Consolidation Squeeze Play above pm high on ER beats!!

Requirements:

RVOL: Possibly >1.5
pmVOL: Possibly >50 K
avg Vol: > 1M
Vol @ Day : > 1 M
Gap: If possible but not strictly needed
Long Term Chart : Possible Pocket, trend already defined and strength.
Float: > 20 M
Short Float: Possibly >40%
Institutional Ownership : Possibly > 100%
History of Gap Follower: Neutral
History of former runner: Possibly YES
Major ETF movement and strength: Possibly Trending with strength

This trade is really LOL hahaha What the fuck man!!!! You should have seen me going crazy with the keyboard!! hahaha

Stock with gap in pre-market: I have entered at the second pullback on the 1min chart or the first on the 3min. The movement was violent and speedy, for me, to spot it earlier.

I have done mistakes with the hotkeys. It was very long I din't use them so I have faced being unprepared. Indeed instead of closing up I have added. The first add was meant to set a stop loss (I did the same mistake of one of my last trades but on the long side so in my favor) but the others were close outs as you can see what I did after. I am satisfied cause the overall scenario was not compromised again by that but there is a huge point HERE!!.
I have used hotkeys due to the high volatility, I didn't have literally time to write my orders as I use to type in everything. Perhaps Hot Buttons would help me to handle better this kind of scenario. Using Hotkeys instead I have pressed the ones for a short position, resulting in add for my long!!

You can imagine the situation I was having in that moment. The price moving wildly and me lost with my orders!! Hahaahh!!! I laugh about it cause we are talking about few dollars and I allow myself the fact that the situation would have been so comic if filmed. I think today will be THE LAST TIME or one of the LAST. Trading requires in order to be precise time and practice. I am building up strongly my edge, it's time to add to it a perfect control of my brokerage platform ergo on orders placement!!
I will do it!!!

The position would have developed in this way:
Entry: 74.328
Stop: 74.17/73.95 depending on how the price would have reacted once in the demanding area (-0.15$/-0.38$.Share)
T1.2/1 :74.68 (0.30$/share)
T2.4/1 :74.87 ( From here the fact that I have added let me lose control on my profit taker, so I have tried to adapt on the new average) I have closed at 74.80 wrongly instead of 74.88). After this mistake I have wrongly then added 2 shares instead of taking 2 shares, this add changed again my average leading me to enter in the panic I have wrote about, as a result I have started to take out 3 by 3 and then by 1 to be sure to lock up my positive result.
T3.6/1 :75.09 (I would have got up to here)
T4.8/1 :75.31
T5: Trailing Stop

Due to the fact that I have accidentally added I didn't respect the original targets but adapted on the new average/size.

Next resolution will be practice: hotkeys, or hot buttons or writing my orders. I have to choose one and stick with it!!!!

I have now set up my broker platform at the best I could!!
Every Quote Window finally has a Market/LSPT/10 shares by default at login. This will let me save a lot of time when following price action. I had to write my order limit price and select the shares from a default of 100 to a 10 and select LSPT. So I can rely on properly set up quote window in case I will need it.
I have added Hot Buttons in case my target orders won't get filled or as today if something will occur I will be ready to lock up profits easily, this will help me to don't get panic and ensure the gained profits. Same thing is for the closeout. I have added 2 different kind of orders for the closeouts in case one of the 2 doesn't get filled.
I have also added Stop Loss Hot Buttons to use them as a last Profit Taker to trail it under the price
I have also adjusted some colors and fonts accordingly to my taste :D

What happened today let me understand that even when I am edging applying my rules and trying so hardly to manage anxiety and stress I still do mistakes related to technical issues such as setting up orders. This has to be fixed cause it happened now way too many times to ruin a great trade cause of those stupid mistakes.
Now I have it perfectly set it up in order to allow me to rely on a good set up.
Basically I have added back the same Hot Buttons I was using in the very beginning in November 2018 but at that time I was taking the usage of such buttons as a weakness by my side, I was thinking to be in that way a nob!!