Tags:
Trade Criteria: 10USD
Plan Entry: Scalps
Plan SL: Scalps
Plan PT: Scalps
Slippage on Entry:
Slippag on Exit:
Trade Type: ** Equities**
Trade Style: ** Discretionary**
Emotion of the Day: Anxious
Premarket Trade
Float: 9.27mm
Short Float 6.68%
Relative Volume: 83.92
Lesson Learned for today: Keep an eye on the volume when going long.
Current Trading Procedure:
Step : Enter Office 6AM, Prepare Coffee & Yogurt.
Step : Launch Gap Scanner
Step : Check VTraders Discord for potential Biases and Trade Ideas.
Step : Setup screens stocks on watch?
Step : Add 2 to 1 Long/Short Position Tool to potential setups based on Biases and ideas.
Step 1: Identify Stock entry.
Step 2: Look for Entry Point.
Step 3: Identify Support point for SL.
Step 4: Entry with 50USD Risk unit.
Step 5: Send Hard Range order to Market based on Entry and SL. Go for the 2:1 PT. Hard Stop and PT.
Step 6: Close the submitted trade trade and move on to the next idea. Do not go back to the stock until 1:30pm for potential close prior to 2pm market close.
Execution detail:
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