GM Trade on Nov 11, 2020 09:30 from spyrosz: Tradervue User Stock Trades.

Ran into major daily/weekly resistance level=$41.5 being extended on daily.

Gapped above R1=$41.5 and held above the level throughout the premarket session. However, 1min before the open, it sold-off hard and broke below it.

Opened below R1=$41.5, and I immediately

Got short filler size, risking R2=premarket resistance pivot=$42.1. I added Tier 0 once it tried to reclaim the level but got rejected and rolled-over, risking same stop, expecting a sell-off towards low 40s.

(-) Got distracted by other names and I never really sized properly into the trade, staying with just Tier 0 size. Missed the easy add through break of LOD=opening print...

Covered bulk close to $40.2, reloaded some for a quick scalp to 40s, all-out when it held $40 and bounced higher.

GM bounced almost back to R1=$41.5.

Got short filler close to yesterday's close=$41.1, added more on backside once it popped towards R1 but failed and rolled over, risking above R1=$41.5, expecting a pullback to VWAP at a minimum.

Covered bulk at VWAP, held a small portion which I covered at the flush below the m.average.

(-) Short trade #1 deserved way more risk than just Tier 0 size.
(-) Could have held a small trailer as well. I had good entries, and at no point this thing went against me. Room for a deeper pullback on daily as well.

(+) Great executions