Exited · review pendingUntagged
MRVL
Opened Sep 30, 2026 · 20 days · Electronic Technology
- Entry
- 259.33
- Initial stop
- 256.20
- Current stop
- 267.20 (+2.52R)
- Targets
- —
- Still held
- 0%
- Banked so far
- +4.40R
- Result
- +4.40R
- Exit
- —
Stop in R: −1 is the original stop, 0 is break-even. What is R?
The reasoning
The plan
New long on September 30. Stop at that day's low, 256.20.
Management
- October 5: first trim into strength.
- October 6: second trim, near 290. The stop on the rest was raised to 267.20 as a working order.
- From then: trailing the rest with the daily 8 EMA. Exit on a daily close below it.
How it ended
The raised stop at 267.20 filled on October 8, the same day several other trailing positions stopped out. See the market note from that day.
Fills
- Bought 100% of position at 259.33Sep 30, 2026
- Trimmed 31% of position at 271.99Oct 5, 2026
- Trimmed 19% of position at 290.62Oct 6, 2026
- Trimmed 44% of position at 267.19Oct 8, 2026
- Sold rest 6% of position at 267.19Oct 8, 2026
Connected ideas
- Partial profits and the break-even stopSell part of the position into strength, then move the stop on the rest to entry. The trade can no longer become a real loser, and the remainder gets room to run.
- The stop: deciding where you're wrongA stop is the price that proves the trade idea wrong. It's chosen before entry, placed as a live order, and only ever moved in your favor.
- Trailing stop: the daily close below the 8 EMAAfter the first trims, the remainder rides until the stock closes a day below its 8 EMA. It's a rule that lets winners run without guessing the top.