SQ Trade on Apr 6, 2020 09:50 from TheDumo27: Tradervue User Stock Trades.

Market was trending down in the premarket and rejected the 2480 level then proceeded to move down at the open. Watching SQ at open it trended down with the market. I felt patient waiting for levels to line out for an entry. I looked to enter on the break of LOD with the descending wedge but missed the fill and canceled the order. I held my bearish biased and entered on the vwap rejection right at $47. It quickly broke above vwap with /ES pushing up and ADD slowly grinding higher also. I exited quickly for a small loss.

Entry: D
I was way too biased in the direction and although i felt patient for a setup i entered forcing the trade. /ES had made a good reversal and had broke that 2480 level before i entered. I need to line out multiple catalyst in the favor of my plan before I enter.

Exit: A
Although the entry was horrible I stuck to a good stop and cut the trade for a small loss which has been a big struggle for me. I was quick to admit i was wrong although until this review i did not fully realize all the signs going against that trade entry and plan.

Emotions: C
I felt patient but just because i didnt jump into anything right away doesnt mean im patient. Patience is waiting for the setup to come to you and line out multiple catalysts in favor of your plan. I did cut my loss very quick and without hesitation and that for me is a big win. Just need more of that if it goes against me but with proper patience for entry that shouldnt be needed that often.