NIO Trade on Jan 22, 2021 10:30 from grigenas: Tradervue User Stock Trades.

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grigenas

 

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3rd Pullback 9 EMA B Surf's Up Upper Band Reached

Video Review/Mentor Provided Notes:

  • Great trendline drawn.
  • Solid entry with a tight stop and 2R still before the Upper Band.

(1) Trade Plan:

  • Pullback long trend trade setup entering on the 9 EMA holding with upward sloped Bollinger Bands.

(2) Overall Rating:

10/10

(3) What was Good:

  • Scale-out.
  • Trendline break entry.

(4) What was Bad:

  • Nothing. Maybe the pullback could be a little cleaner?

(5) Improvement Areas:

  • Pullback cleanliness. All red candles ideally decreasing in size following a Papa Bear/Mama Bear/Baby Bear mentality.

(6) Rule(s) Broken:

  • None.

(7) Stop Loss:

Was your stop loss according to your trading plan?
- Yes.

(8) Entry:

Did the entry meet the pre-trade checklist?
- Yes.
Was the entry too early? 
- No.

(9) Profit Taking:

Did you exit according to plan (Upper Band/Lower Band/Middle Band/Stop Loss)?
- Yes.
Why did you exit?
- Scale-out as price approached the Upper Band.

(10) Psychology:

Were you patient on the entry?
- Yes.
Were you patient on the exit?
- Yes.
Did you trade the P/L (focus on the outcome not process) either retaining profits or trying to make back losses?
- No.

DAS Trade Screenshot:

image


Execution detail:

Date/time Symbol Qty Price Position
2021-01-22 10:30:32 NIO 366 $61.050 366
2021-01-22 10:31:26 NIO -183 $61.340 183
2021-01-22 10:32:45 NIO -91 $61.460 92
2021-01-22 10:33:01 NIO -46 $61.610 46
2021-01-22 10:33:09 NIO -46 $61.510 0


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