GE Trade on Apr 30, 2019 09:32 from Traderview: Tradervue User Stock Trades.

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GE had down-trending PM range from big gap up 10.80 PMH 10.20 PML on positive ER, but had nice support in the PM 10.20 level. I longed the supp from PM 10.25ish 500 shares added 500 more and stupidly added 500 more at 10.50 level without any confirmation that 10.50 is broken and holding.; which also 10.50 was PM resistance line . I SHOULD have only taken nice $200 profit and read the chart OBJECTIVELY !!!The 5 min candle WICK was very telling it has sellers at 10.50, plus the tape showed lot more size at ASK then the BID printing at the bid heavily . Mistake I must avoid: DO NOT IGNORE THE RES LEVEL with its WICK candle and the TAPE /L2 sizes. DO NOT ALLOW the PnL to cloud my already great ability to read chart levels, chart candles and tape reading. THAT SIMPLE !!! GE was selling off heavily all day from that 10.50 level hit bottom of 10.00 from where took an uptrend. 10.00 was major daily support also.

LESSONS :
###### _But the bigger lesson is : WHEN I PLAY SIZE I HAVE MENTAL BLOCK , and NOT READY TO EXECUTE RISK EMOTIONLESS. SO MUST STAY SMALL make few hundreds per trade or lose tiny small less then $100 PERIOD !!till get enough experience. If I ever hit size I better be 10000% ready in advance to hit the stop without any second thoughts.
1) Never add when in negative,
2) when adding in positive tighten the stop , and no matter how often I get stopped THE LOSSES ARE SOO SOO SMALL that one or few good trades will make me forget I ever lost so many times in a row
_


Execution detail:

Date/time Symbol Side Price Position
2019-04-30 09:32:04 GE buy $10.310 long
2019-04-30 09:35:59 GE buy $10.349 long
2019-04-30 09:43:08 GE buy $10.510 long
2019-04-30 09:50:32 GE sell $10.330 long
2019-04-30 09:50:32 GE sell $10.330 long
2019-04-30 10:04:42 GE buy $10.199 long
2019-04-30 10:12:39 GE buy $10.230 long
2019-04-30 10:15:15 GE buy $10.240 long
2019-04-30 10:17:04 GE sell $10.190 long
2019-04-30 10:17:44 GE sell $10.170 0
2019-04-30 10:20:14 GE buy $10.197 long
2019-04-30 10:21:00 GE buy $10.228 long
2019-04-30 10:40:28 GE sell $10.070 0


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