JD, Set buy limit order with other cancels other for target/stop, still learning.
Position Size: 5% risk for 10k is 25 shares worth $900.
Buy Order: 36.00
Target: 40.00
Stop: 34.00
Time Frame: June 1st
Position Size: 5% risk for 10k is 25 shares worth $900.
Buy Order: 36.00
Target: 40.00
Stop: 34.00
Time Frame: June 1st
Comment:
In the trade, lets see what happens the next few days, JD has been getting hammered by Alibaba lately.
Comment:
adjusted my orders for the trade today:
Set buy stop order with other cancels other for same stop.
buy stop: 37.5
stop loss: 34.0
shares: 25
if executed, total shares would be 50 and a new OCO order must be made the next night to reflect the added shares and place stops above buy orders.
Set buy stop order with other cancels other for same stop.
buy stop: 37.5
stop loss: 34.0
shares: 25
if executed, total shares would be 50 and a new OCO order must be made the next night to reflect the added shares and place stops above buy orders.
Comment:
Nice leg up today, lets see what happens tomorrow, new order stop at: 38.00,
for the 1:1 ratio.
for the 1:1 ratio.
Trade closed manually:
stopped at my updated 38.00 price from yesterday, always update your stops upwards, never down.
Trade closed: target reached:
Still a nice setup even today