Jun. 5 at 2:36 PM
$TILE – FRI: BUYING (2/3) @
$30.15
10:06 AM – Starting with a 2/3 position in TILE this morning. Technically, the stock looks constructive as it begins to break out above ROUND-
$30. With available cash and buying power on hand, I’m taking a larger-than-normal initial position.
ULTRA Trader’s Tip: Position Size Can Reflect Conviction
• Not every trade has to begin with a 1/3 position.
• Larger initial positions may be appropriate when both the setup and available capital align.
• Position sizing is a risk-management tool and should be adjusted thoughtfully, not emotionally.
https://buyingbreakouts.com/fri-6-5-tile-buying-2-3-30-15/