BB Trade on Jun 2, 2021 10:08 from WuManChu: Tradervue User Stock Trades.

Idea, Entry, and Risk:

*Idea: Breakdown from P/M highs and continued fails from the topside
*Entry: 12.80s (intended), 12.70s starter
*Risk: 1:2 (HOD-13.30 vs G/R-11.5)

Catalyst and News:

AMC going nutso with the g.squeeze starting last week, looking for falloff

Fundamentals:

I still use a Blackberry but what fundamentals?

Technicals:

Fails and no touching from the P/M highs and breakdown. Consistent fails at VWAP. Starter taken on fail underneath.

Summation:

50s position starter at VWAP fail, should have taken note of the fail and immediate buy up, red flag into a push. Kept failing at VWAP until it blasted through alongside AMC and the rest of the meme basket, still kept knocking on the ceiling until it went, through stop. Nothing too wild compared to the rest, but got trapped. It happens.

Takeaways:

Usually I respect stops to let the trades work, but am starting to think to lean towards trusting intuition over things now, especially with recent fatigue levels.