CHTR opened around $0.70 down, but almost in the end hit my entry (crazy market lately). I will try again tonight. If anyone is interested in trading in a similar fashion I would love to brainstorm. Please contact me. Thanks

Original Trade Post:

I am relatively new to trading, so please be patient. I have been trying to develop a swing trading system and I am fairly comfortable with my stock choices and entry strategy. Still tossing around some ideas for my exit. I am looking for modest gains (3 – 5%) vs. home runs. I would like to keep my average trade to about 3 days. I have a full time job, so I can only place orders in the evening for the next day. I enter a stock a little above the previous day high (long) or low (short). Currently, my profit target is based on quadrant lines/levels (similar to fib retracement levels) which give me between a 3 to 5% profit. I use a trailing stop, but still working on where to put it. My initial stop is 2%, which I never waiver on. Usually put in two positions, one long and one short. If the long fills but not the short, then the next day I will put in a short order. As the chart shows this is a momentum trade as I trade on increased volume. Along with my entry order, I put in my initial stop loss order (2%). If I have the stock the next day then I bracket my order with a stop loss and target (limit) order. My trading is all technical. I don’t use or really know very much about fundamental trading. I am also putting in a short (NDSN), but not as confident about that trade and I didn’t want to post more than one trade for my first time. Thanks in advance for your patience. These are not original strategies (as most of you probably know). I have read from many sources and watched a lot of youtube videos. I have tried to put them together in a way that makes me most comfortable.

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