QSR Trade on Feb 11, 2019 09:52 from MarcoG: Tradervue User Stock Trades.

I have entered 6 cents above the pre-market high of 65.27.
Candlesticks on the 10min chart made a nice wedge. 762000 on the Volume bar perhaps not enough, a nice green 15min candle and the break up of the wedge gave me confidence to enter the trade. It hasn't been indeed enough.
QSR closed the day with 4263577 on the Daily volume bar.

Bailed out a piece at first, I was then obliged to close it.
Waited for price action to draw again down next movement I enter short with stop at eMA.
Just 2 fucking penny more and I would have got an Home Run Trade.
I need to swallow this!!!
I need to hold on my approach and pass over this little period. Soon is gonna come a profitable trade that will cover my negative streak.
I will only trade on stocks gapping up or down in pre-market with a catalyst to justify the move, with ATR of at least 0.75$ and at least 1M shares on the 1min candle.

This will let me avoid fake entries on stocks that won't perform, will adapt in any kind of market scenario and will let me focus on entering then after as I have done most of my trades in February and since I have started trading. In December I have got many good trades starting only after 30 minutes the market opened. I have changed cause I have to be ale to trade any kind of volatility. Last week and today I have got 4 fake break at the open and following 4 good entries spotting the right trend. I don't want to avoid trading the opening if that is worth to be done. I know this lower my consistency but if I don't go through this now I will never get it!!

BTW there is a huge consideration that I have to do and from tomorrow it will be applied:
Today I wanted to trade EA. I have waited as I have said yesterday for the confirmation of the 10min candle. The stock dropped after 10 min and never marked new highs. Besides this when the market opened I have considered to give EA a space of 1.65$ against. In that moment I have realized that I couldn't follow the same takers and stops I follow for the other stocks cause I couldn't buy not more then 2 shares :O
I explain it:
I trade 10 shares per trade to have an average losing trade of 3.35$ per trade. This consists in -0.33$/share average against me.
Let's say I want to trade stocks with an ATR above 3$
There my stop range has to get wider cause 0.33/0.50$/share are will be not sufficient. Let's say I need to give then a stop range around 1$,1.5$,2$/share.
I buy TSLA giving it a stop against me of about 1.5$/share. I want to grant me at least 4 takes considering also that the stock has a big range of movement.
I am obliged to buy 4 shares and still give me -7.5$ loss.
My average losing trade on 100 trades has been of -2.78$ per trade (lower then allowed), now how could I have fit my trades on TSLA with an average of -2.78$
I have bought 2, 3 shares per trade resulting in unbalancing the overall trade size.
I have many trades on high ATR stocks that have miss profit due to lack of shares.
I need therefore to raise my share size to 20 having like that a minimum loss on low ATR of -6.75$ as well as for high ATR -6.75$.
In this way all what I will do will be fill in this thingy here with entry price and exit and leave -6.75$ Risk set as default. This tool will give me the exact number of share I have to buy to respect the ratio.