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Today we interview Chezz about his trade on SHOP. We walk through his methodology for determining why he was looking to get long. After trading it short in the morning, he was looking for a trendline break to the short side but while waiting he saw a flag forming (for a long trade). Chezz allows 2 entries to scale into positions only if he can reduce his risk. We see that he did utilize two entries and scaled before the grandma number of 100. While it was pulling back, he trimmed 50% of his remaining position and let the rest ride using the 20 EMA. These trades don’t happen every day but if you stay mechanical you can really catch a home run.

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