$SPX Trade on Mar 5, 2021 13:39 from Marius: Tradervue User Stock Trades.

Trade/Risk Management & Review

The model signaled the trade and initially interpreted as a short. I thought this was interesting and inline within my own discretionary process. Keeping in mind this was with only mobile tools and not on the desk.

It was corrected as a long but the gap up found sellers and broke the opening lows with a soft gap fill and continuing to downtrend. I had far limit orders placed as a long as I was thinking the model was wrong at this point.

The orders did not fill and I found that there was a V shape recovery. I entered the trade breaking the AM highs and had in mind of a scalp trade due to the extension from the LOD. I had a thesis for this to at least retest R and possibly fail and head back down recognizing this was happening mid day and the current MTF trend.

This was a scalp momentum trade and executed as planned but have been proven wrong by the model. Noting the multiple and larger opportunities in play either catching the bounce and or scalping breakouts/momentums. It is given that I have a working discretionary trading process, just have to learn to work with the model and experiment with it. This is my preferred way of using the model which is inline with my strengths. This will change and adapt as I improve and trades put on.