SQ Trade on Sep 20, 2021 10:08 from AtlasVanguardTrading: Tradervue User Stock Trades.

At this point in my review session I am beginning to a notice a very clear pattern of bias and the inability to sit on my hands, stay cash, and let the trades come to me. Forced trades on really bloody days is a bad combo and I really need to work on making sure I avoid that behavior in the future. SQ ran up about 6 dollars before 10AM and then consolidated about a dollar above the VWAP. I decided this would be a great time to enter long for a day trade using the VWAP as a stop because under VWAP the sentiment would be changed and the trade would be off. Price stayed in this tight range and then dumped throught the VWAP and back down to 247 from my entry at 250. No clear volume derived edge, no clear edge using the beta weighting to indexes, and really just a boredom trade. If I cam going to use my real capital on the trade I must define my edge before the trade. That is the habit I must do. I need evidence in the recording that I had edge in the trade before I enter. I did keep risk tight but took a larger loss than I could with my account size.

Another thing to note is that on a swing trade basis I just about bought the bottom because below 250 was a very strong demand zone. I must be aware of these larger time frame patterns as well because that would be about a 300% trade if I would have swung this setup.

Just to be clear the PLAYUBOOK setup is the demand zone buy swing that I missed out on but I still feel it necessary to archive this as a playbook trade because it has the edge and outcome that makes a lot of sense to me but I just need to work on when it is appropriate to cut losses, size properly, and catch this trade safely and responsibly.