ATVI Trade on Feb 13, 2019 09:33 from MarcoG: Tradervue User Stock Trades.

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MarcoG

 

Entered for 5min ORB I have closed immediately as it went against me.
I have waited for the pullback and entered again.
I have respected my profit takers as well as building up my position size adding when being in the driver sit.
The problem I have is the fact that using only 10 shares when I take out a quarter when the position has less shares I can't respect proportions. The order takes me out only 1 share.
The take at 44.120 and the one at 44.20 was supposed to be one take of 2.5 shares (but I can't sell 2.5 hahahah With 100 shares it would have been easily 25).
At 44.320 and 44.46 was supposed to be one take of 2 shares. Same thing for the other takes.
This were my takes today:
image
Happy to have got at the end 5.24 out of the 5.85 expected. The loss of 2$ resized my win.
I won't have this problem again in the future when I will use proper sizing ;)
I have to start anticipating my entries for the 5min ORB just when there is a first green candle to make a new high otherwise I'd better wait for the formation of the pull back. In case it doesn't form I don't enter.
ATVI gave a beautiful volume profile at the opening getting more then 800000 shares on the first min candle and close the 5min over 6 millions shares.
This is the reason why I have traded it.
Catalyst, pre-market gap, bull flag formation and volume spike at the open.
This is for the moment what I am comfortable to trade thus I will repeat myself edging on this practice.
Consistency is built on repetition.
What I have to repeat is the share size once for all. I can't change my rick through the days cause it will unbalance my consistency indeed. If I would have risked -6.75$ as per rule I would have got 17.50$ win - 6.75$ loss for a total of 10.75$. 3 times my gain.
This is the main reason why my winners are lower then the loss. The fact of changing my rules due to the fact that I have been red the day before or the trade before.
I'll keep this up!
Yooo!!!!!!!!!


Execution detail:

Date/time Symbol Side Price Position
2019-02-13 09:33:38 ATVI buy $43.850 long
2019-02-13 09:34:04 ATVI sell $43.640 0


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