I Opened A Full Size Position Of NTRA
By January 30th I was seeing decent traction in my portfolio and had locked in some partial profits along the way, so I went with a more aggressive initial position size when I bought NTRA.
The stock has been going through a fairly orderly consolidation, so I used the inside day from the 29th as an entry signal, and the two days prior to that as a pivot to buy if price got above those two candles.
When it did I purchased a full size position and immediately set two staggered stops, one for 4.48% risk and the second for 7.56%. The price continued to climb that day and we got an excellent closed on above average volume.

The next day the stock came out strong again and I decided to take quick partial profits to lock in some gains and reduce risk. At the same time I moved my stop for the remainder of the position up to 4.48%, reducing my risk even further.

The market pulled back later in the day but the stock still managed to close in the green and is acting well.
This is my third purchase this week so things have been going well, but at the same time I have been following my progressive exposure rule so I don’t take on too much risk too quickly.
Here are a couple links to this weeks previous purchases of REAL and PLNT.
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