TWTR Trade on May 21, 2021 14:20 from tjmiller2001: Tradervue User Stock Trades.

Since 9:40 AM, TWTR has been making lower highs. It had been respecting a rising support trendline all day, bouncing off it 7 times. I also had /ES and /NQ supporting the uptrend.

I wanted to get long near the trendline with a stop right under it. At 14:20 I got filled with a 5:1 RR.

I think I did a good job staying patient and fighting for a price near my stop. It drifted lower after my entry, making lower highs on the candles on the 1m chart. It broke below the trendline and that was a red flag to keep an eye on it. But it hadn't hit my SL yet.

After a big red candle I got out decently quickly when my level broke. Some slippage, got out below my stop.

TWTR doesn't trade as cleanly as SPY and QQQ and the spreads are worse. Maybe I should stick to those until I improve.

Lesson Learned: Trade liquid instruments that you are comfortable with to avoid slippage or other unexpected issues.