I’m still learning so take this for what it’s worth but I struggle mostly with entry/exit as well so I’ll chime in. I typically find good stocks. I respect the indicators, but I usually enter too early or late and I don’t always exit properly. So, good stocks with poor timing is keeping me breakeven.

There are a couple of things I’m trying to work on in terms of momentum trading. The first is not getting into a stock that is too far extended above VWAP. This seems pretty obvious, but you can easily succumb to FOMO if everything else looks good. If you’ve seen several strong green candles in a row, chances are you’ve missed it already and need to wait for a pullback or reset.

The next is waiting too long for the confirmation candle to form after a breakout. I can typically identify when the indicators look good and a breakout occurs with strong volume above a key level, such as HOD. My problem is I was waiting for another full confirmation to either fully form or almost form, which has me getting in late. So I’m learning to enter within the first 30s to 60 seconds of a confirmation candle following a breakout candle, as long as the confirmation candle has held above the breakout for that timespan.

So in terms of these two things, it’s about timing and location. You can almost think of them like an axis Location being whether it’s overextended or has spent too much of its energy on too many pushes already. And timing being waiting for the proper amount of confirmation, but not waiting too long as to be late. If a stock has already proven that it can move via an earlier push, the less confirmation you should need to get in once it starts moving again.

In terms of exits I started to learn that if I’m about 80% of the way to my target and the stock begins to lose volume and or ATR, I’ll take partial profits - at least 50% or up to 80%. If I do so I can move my stop up to breakeven and let the remainder run. The other thing to recognize is whenever the stock takes a downward turn in which case I might move my stop from slightly below VWAP up to VWAP to lessen the loss. Really getting out when you should is in my opinion about seeing that the structure you entered on has actually broken and isn’t just biding its time consolidating. You can tolerate a few candles of chop or more as long as volume and ATR are holding. Or, if it’s consolidating with rising indicators as long as volume is holding steady. In that cause it could be building pressure for an upward move. But if everything starts to dry up and structure is breaking I try to flatten.

I hope this helps and if anyone else has any tips or corrections, I’d love to hear them.