[isatrader]

I bought end of day too keeping in mind what you said about volume. I also did not buy a full position.
How will you now determine whether to buy the next position? Will you wait to end of day tomorrow to see volume again?
Thanks,
Brian

I have my own methodology based around the 52 week Average True Range (ATR), whereby I only move up a stop loss up once a stock has closed above the 2 times the 52 week Average True Range level from my entry point. This way I minimise risk.

I don't often buy less than a full position on entry, so I will likely use my ATR method for adding to the position. So if it moves to 2 times the 52 week Average True Range from my entry point, then I'll probably add the other half position if it still looks like it's behaving the right way, which will average me into the position at roughly the 1x the 52 week Average True Range level.

Or alternatively, because I have another half position in UBER open at the moment, I might just leave it as a half position, as it will all depend on how much risk I have available at the time in my account. As my rules are very strict to keep any losses as low as possible.