ATER Trade on Nov 9, 2021 09:34 from Thysweetplum: Tradervue User Stock Trades.

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Thysweetplum

 

To be honest the strategy was pretty good, except for one caveat

Gapped up on good earnings, looked like a good trade

Traded off the 5 min chart, saw the first 5 min candle drop and test the 9ema and 20 ema, entered on the test. honestly, the entry was golden. Placed stop underneath the EMAs

What I didn't do was look at the 1 min chart, for that multi-time-frame confluence. Well, the 1 min candles was underneath the 9 and 20 EMAs. This is a no-no. Need to make sure both 5 min and 1 min time frame's are both above those EMAs before I trade next

If I had hot keys, would have gotten out of trade as soon as I saw a lot of red on the Tape. Held because it didn't trigger my stop

Finally got out at break-even when price came back up because it just wasn't acting right, not moving up with momentum. Looked like that was a good idea after all

6/10


Execution detail:

Date/time Symbol Side Price Position
2021-11-09 09:34:07 ATER buy $7.840 long
2021-11-09 09:40:15 ATER sell $7.840 0


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