ESU1 Trade on Jul 9, 2021 14:51 from Kingkillabee: Tradervue User Stock Trades.

Managed Wrong

Reason for entry: On 5 min, there was a strong breakout of the range near the end of day, giving several measured move targets higher. The most conservative target was a leg 1-leg 2 MM based on the prior 6 bar bull breakout.

Type of entry: I used a market order at the close of the entry candle due to it being such a tight bull micro-channel. I entered small because of how late I was entering in this channel.

Stoploss: 4355.75. Below the prior strong 6 bar bull breakout. This was not the best stop loss, but for my scalp intension, it would've invalidated my measured move target if it breached below this point before going up.

What could have been done better: I did not follow my rules and wait for my target to get hit. I front ran my profit taking out of fear. I will continue to work on letting my trades play out.

What was done well: Finding the confluence and jumping in, but trading small due to entry placement.

What was missed: Overall strength and likelihood for higher targets to be met.

Emotions: Nervous and fearful. I think I was mentally tired and wanted to end this week on a green day, so I was afraid to take any real risks.

How could I have responsibly made more money: Held for my target.