TWLO Trade on May 14, 2020 13:32 from gbrukh: Tradervue User Stock Trades.

This is the last trade in TLWO

Trade.
The upward momentum was exhausted at 191.5 and the stock looked toppy and ready to go down. I really wanted to short the stock, but the logic was against it: TWLO was behaving very strongly last several days, at this price level the stock moved only 0.5 ATR, there was room to move up in terms of resistance.

Trade Implementation.
I made a compromise with myself: (a) I would short the stock if I could enter at the location with very small stop-loss, (b) I would use 1/2 lot and (c) it will be a quick scalp trade. I implemented all the conditions and as a result I wasn't nervous and the trade was short and went well. I used a trailing stop-loss, manually adjusting the price level according to my perception of the momentum and volatility.