WKHS Trade on Mar 9, 2021 10:42 from ADillPickleTrading: Tradervue User Stock Trades.

  • daily chart looked decent, it made a LL but had room to move up
  • 5m chart def did not look promising, I did not follow my setup rules on this trade at all
  • 1m chart, there was a hammer at VWAP but there was such low volume and it was after the beginning of a downtrend.

HOW I CAN IMPROVE
- do not take trades like this "for fun" or because you haven't found a trade yet
- props to me for taking very small size, still a waste of buying power
- should have identified that a LL was made and the volume did not show buyers coming in
- if you don't have most factors going for you, the setup should at least be visible on the 5m chart. here it was not

SUMMARY
took a subpar trade mainly because I was bored and hadn't taken a trade yet, luckily I took very small size so not too big of a deal. still a bad habit to get rid of, did not check 5m chart and did not wait for volume to come in on the hammer


Execution detail:

Date/time Symbol Side Price Position
2021-03-09 10:42:47 WKHS buy $16.110 long
2021-03-09 10:47:53 WKHS sell $15.930 0


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