Friday, June 5, 2026

INTU trades review | June 4 2026

INTU stock trade - Problems found

  1. Set stop loss - too big the loss - 4 US dollars - Should move up to allow 0.50/ share for 100 share
  2. Learn how to trade small - 
  3. Learn how to set small stop loss - And get back in at $302/ share - Get out at $304
  4. Bar count 359 - Bought 100 share at $304.17
  5. Bar count 370 - $303.3032 - paper loss $87 US dollars from bar count 359 to 370, 11 minutes - What is going on with the stop loss? Do not allow stop loss growing if there is any trend bar in dowtrend - ?
  6. Check spread from bar count 359 to 370 - stop loss early when price goes down 
  7. Should get in at bar count 370 at $303.3032
  8. Bar count 378 - $304.1978 - set stop loss at the middle of bar - $303.9360 - bar count 379 will trigger selling of 100 shares
  9. Bar count 380 to 390 - clearly downtrend - stop loss - where is the stop loss 
  10. Bar count 390 - $301.8851 - Paper loss - $229 US dollars
  11. Main problem - stop loss - move stop loss - cut loss to less than $50 us dollars - 
  12. Get in and get out quickly - Do not gamble, 100 shares to trade - Set stop loss $20 to $50 dollars - Better time - set a low price to see if the price can get hit first
  13. Do not set 4 dollars stop loss, and do nothing just waiting for 30 minutes with $229 US dollars loss
  14. June 5 bar count - 1 minute bar count 2 - move stop loss to $304 as quick as possible
  15. bar count 3 - Move stop loss
  16. bar count 7 - price range from 302.88 to 304.3069 - quickly move the stop loss to the middle of bar - this is a trend bar - do not waste the money - get in the half - and then move up quickly if it is going down - $288 dollars gain at least - Should try to $303 maximum - Trend bar - reversal coming 
  17. Bar count 7 to 14 - did nothing - move stop loss - that is 288 US dollars loss 
  18. Bar count 14 - 300.20/ share, cut the loss - $400 US dollars, $4.17/share 
  19. I learned how to move stop loss - Need to go to trade a small amount, and then practise how to read chart, move stop loss, and then find opportunity to make some profits - Do not watch and do nothing






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