DIS Trade on Dec 15, 2020 10:03 from WuManChu: Tradervue User Stock Trades.

Idea, Entry, and Risk:

*Idea: FF vs Key Levels (172 and 171)
*Entry: Retest on VWAP and
*Risk: (1:3)

Catalyst and News:

N/A

Fundamentals:

Down but never out. The Great Walt Disney Company will rise again /s.

Technicals:

Post down-day after a run up into ATHs. Looking into continued weakness.

Summation:

Stayed heavy under VWAP after the immediate run up into the 171.40s post open. Hit at 170, looking to re-add if it came to. Had some strength into 170.50s, but then failed. Nearly took the opportunity to fully size at the pop into 170 again, but missed it. Watched it fall and exited on the turn, didn't want to play the "bounce into surge" again.

Takeaways:

At this point, it may be more profitable to fully size from the start, but which is to say is better? Grind now and profit later, or go in guns blazing and increase your risk now? I'm not looking for easy, I'm looking for consistent and building myself in.