Daniel.B

Breakout w/ no tightening

Long
Daniel.B Updated   
BATS:SRRK   Scholar Rock Holding Corporation
Not much to say about this one other than it is not the first time it attempts to run. Preferably I would like to see a large move up in the previous month and a consolidation with a shakeout followed by tightening prior to a breakout. But we don't live in a perfect world & this account is for building a database of trades with the goal of building an edge in breakout swing trading.

Just to note volume is on the lower end of what I would normally trade but it is enough. Due to this I was only able to get partially filled in the first 5 minutes of the open. Position risk if stop hit sits at 0.35% of account equity.

  • Entry: 20.31
  • Stop: 19.30
Trade active:
Filled on full position.

Avg Entry: 20.32

Risk if stop hit as a % of account equity: 0.5%
Trade closed: stop reached
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