CHWY Trade on Feb 4, 2021 09:33 from spyrosz: Tradervue User Stock Trades.

In a really bad place right now, getting frustrated quite often, quite easy.

CHWY on main watch for resolving (short-term) a beautiful bull-flag on the daily, rallying back to ATHs=$115, (long-term) joining the freight train after a nice pullback to 9-SMA@weekly.

Premarket plan was to get "long" at the morning flush to S1=yesterday's close=$103.75, expecting to bounce there, break R1=$106 and move higher.

This thing played exactly per plan. Flushed to S1 and right into bid at the open,

got long Tier 0, risking wide stop at $103 as this thing can get quite choppy, expecting the hard bounce to VWAP, break and hold above R1=$106 and then, rally higher.

Bounced back to $105 and I moved stop to what I thought it would be LOD=$103.5.
30mins later I got stopped out.

(+) I am ok with that trade. Played it as I was supposed to. Risk management on point. Filler size loss..

But then some terrible trading decisions. Saw the quick snap back from $103 reclaiming S1=yesterday's close and VWAP!!, nice 5min consolidation holding support at the m.average....and off it went all the way to $108.

And I was watching on the sidelines w/o never re-entering the trade.

-- Entry at the pullback to VWAP after remount
-- Stop at LOD=$103
-- Sell 50% $107-108 area
-- Trim at the pop to $110 the next day..

(-) Unacceptable trading decision. Tragic:/