u/sherynedian

So as the title says, it is my first trade please tell me where I did the mistake in executing the trade.
Ticker: CORT, ADR=4.7%.
Waited for the consolidation breakout on daily candle and bought the above the 1 hour ORH.

ORH (1H) = 116.57 and I bought it at 116.60 after breaking above it.
SL at 114.35 at the daily low.

Gap up on 30 July due to better earnings.

Please tell me how was I supposed to take entry other than what I have done?
And was it even a Qullamaggie style breakout setup?

Daily Candle breakout after consolidation

1H Candle, bought above ORH

Over several months I have been thinking how a long term portfolio looks like in Pakistan. A country where there is economic uncertainty, currency depreciation and high inflationary environment.
I came to these key criterion for a long term portfolio that give me peace of mind, grow my wealth in real terms and cover Pakistan investment challenges.

The Rupee (PKR) Devaluation Hedge: A long-term portfolio must favour companies with dollar-denominated or dollar-pegged cash flows (exporters or tech plays) to protect my purchasing power from chronic currency depreciation.

Pricing Power & High Asset Turnover: In high-inflation environments, look for dominant sector leaders that can pass rising input costs directly to consumers without destroying volumes.

High Return on Invested Capital (ROIC): High ROIC separates secular compounders from capital-destroying businesses that depend entirely on expensive bank leverage.

Avoid High Debt Businesses: The monetary policy in Pakistan is volatile with highest on record policy rate of 22%. High debt business will be crushed in monetary tightening.

I have categorised my stocks into three pillars/bucket with each one of them as specific reason in a portfolio and counter specific problem with Pakistan economy.

1. Secular growth & Currency hedge: This bucket is my main engine for true capital appreciation. These companies operate asset-light models, exploit international USD-denominated avenues, or capture high-velocity domestic market disruption. They are selected to expand my portfolio's intrinsic value faster than local inflation.
2. High-Yield Cash & Dividend Anchors: This bucket functions as my liquidity engine. These companies are selected to extract massive cash flows from high local interest rates or long-term infrastructure assets, transforming macro volatility into steady, visible dividend distributions.
3. Absolute Inflation & Real-Asset play: This bucket represents the bedrock foundation of my portfolio. These businesses handle severe economic contractions without breaking. They sell essential products and control real, physical assets that command absolute local pricing power.

Of course, one company could fall into more than one bucket in my portfolio. This framework gives me clarity and a reason of holding a stock in my portfolio.
My goal is to grow wealth, protect purchasing power while navigating a tricky economy.

I would love to hear your thought process on your portfolio building. Also, please feel free to being critical to my post, the more I can put holes in my process the better I can optimise it.

Cheers!