IQ Trade on Feb 25, 2019 09:37 from Gideon23: Tradervue User Stock Trades.

This trade was a set of two. It was a great trade because risk was managed and I exited both trades without hesitation

This trade went against my initial bias to the long side and I almost avoided it because I required a loss of the moving averages prior to my entry. In this case the initial candle cleared both averages before I entered on the break of the 5 minute low. I the first entry stalled and as soon as it closed above the 5 minute low I took the trade off. The trade again attempted to take the low and I re-entered believing that maybe it was a shake out. The stock again faded above the 5 minute low and close on the 2 above the range. I took the trade off and discontinued action for the day.

I am beginning to be able to enter and exit my trades more fluently which is what I am attempting to master. I was able to get in and focus on the loss of the range low instead of rushing to apply my stock based on my RM procedures. This approach has really helped me to manage my trade effectively because I am not rushing to type in the stop and not watching the price action.

Lot Size: 100 *2
PT 1: 26.31
PT 2: 26.15

Interested to see what tomorrow will bring! I hope to hit number 8 of my 20 trade sample!

2019-03-03 07:48:34 interested in asking ED about whether or not this trade was overextended. It seemed that it potentially was due to the ATR being only 1.24. I have to keep a look out for this! **
**2019-03-17 19:58:29
Went and re-visited this trade and found that the cause for failure was execution of the trade plan. I got in at the end of the wick which definately caused a pull-back and stop out. I will be reviewing most of my trades to see if this problem existed there as well. if I got in when I was supposed too there was a level in between that was almost 1.5/5 that I could have taken some profit at and then held to reach my end target of 2/1 on most of my shares. Eitherway Ed is right, if you execute the trade wrong you cannot suppose that you will be profitable like another trader. Execution is worship!