ZM Trade on Jun 15, 2020 10:45 from dvdturcotte: Tradervue User Stock Trades.

Entered the trade at 228.50x100 (blue). I exited at 232.50 for a profit a 400$ (red).
1. The potential was UPWARD. ZM has momentum and has been thriving for the last months.
2. I had confirmation with the 2nd 1-min candlestick. I bought in at 288.50 with 100 shares.
3. The stock was OVERBOUGHT (over 70).
4. The stock was trading above the 180-SMA line

BAD MOVES
1. I did not check the previous pattern confirmation. I would have seen that OVERBOUGHT days were always followed by downtrending days. In other words, if the day would have not been OVERBOUGHT, there would have been a good chance of losing money.
2. Did not wait for validation for exiting the trade. If I had, I would have been able to cash-in at least 2$/share.
3. The yellow line was a real validation (2-min bars).

PAPER TRADING