XPO Trade on Feb 15, 2019 09:50 from Gideon23: Tradervue User Stock Trades.

This was considered to be an excellent trade!! My highest profit on my 20 trade sample for the ORB and my 4th trade of the lot

This was by far my best trade thus far. I was able to enter the trade and based on the ATR, scale out of the position in lot sizes of 25. I again entered the trade and focused specifically on the loss of my technical area. In this type of trade I believe this to be paramount. I have been using the 2 min chart to track the technical close above an area and it has been fairly successful for me thus far. I do believe that I need to reach out to my broker in order to set a switch on my account that would not allow me to loose more than .01 percent of my account in any one trade. I do like the idea of managing the technical stop keeping in mind the max loss prior to setting the hitting my first profit target and then setting the stop loss to ensure that I lock in the gains. All in all, this was a great trade and I will continue to execute my trade plans as they are written.

** I would like to say that the trade initially went against by bias to the short side. however, the price movement was steady and not wildly shifting from one end to another convincing me to execute the entry**

Lot size: 100
Entry: 49.36
Tech: Close above the 5 min range low on the 2
Max: 50.16
5 Min ATR: .70
pt 1: 48.56
pt 2: 48.00
pt 3: 47.50 (manually exited lower)

**2019-03-03 07:22:23 another instance of improper use of the risk reward ratio. It is ok to take profit at 1:1 but it is required that the trade be allowed to work to reach the 2:1 mark. I will not be working to scale during this month. I will be focusing intently on managing my R/W ratio properly instead of rushing out of the trade just to take profits. If done properly, this was a 160 dollar trade plan. **