RBLX Trade on Nov 26, 2021 09:27 from cryptobiting: Tradervue User Stock Trades.

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cryptobiting

 

This was an intended short cover trade when pulling into VWAP.
Missed my targets at VWAP. Left money on the table.

'The Sentiment'
New Virus Variant "NU", MRNA broke out, and so I thought the Market may tank.
RBLX, pre pre market, dumped then priced up for the Market sell off on open on Friday.
Black Friday, but to me it would be based heavily via Web Promotions.

Trading with kids at home is a tough dynamic, and
didn't think I would be as distracted. (M and M were arguing about Brawl Stars)

The price went through VWAP and wicked multiple times at HMA90 (My directional Line) giving the signal that there are many sellers here and they were all thinking the same thing.
Short or sell VWAP. I missed the boat after addressing the kids about their issues, and had to hold on the trade a little longer than I wanted. It was forming a falling wedge and literally hoped it would play, but the bigger picture didn't hold that in the cards. It was more of hope play on the intraday (I suck, big Mistake to rely on hope).
Fell for my own mental trap on a slow day.
The Wedge was more of Short covers and sellers..

My mind got foggy and unfocused. I Didn't follow the different contingencies of the plan. I didn't executed as intended. It was a pure shitshow..

This was a classic bad trade day BECAUSE I didnt take my stop at the intended predefined risk in the event of failure. I was too caught up on thinking my trade idea hit, but didn't capitalize it and didn't have a plan after that. I intended to utilize my stop loss level predefined, but I couldn't execute as I still had the idea that I won the trade bouncing in my head and I missed it.

A part of my trading, that I haven't realized to even work on. Maybe it was a costly lesson to trade while distracted and that I still should plan the same exit strategy even after an intended trade that I missed.

Although ended the week in pain, still a green week.


Execution detail:

Date/time Symbol Side Price Position
2021-11-26 09:27:45 RBLX buy $126.850 long
2021-11-26 09:28:55 RBLX buy $126.330 long
2021-11-26 09:28:55 RBLX buy $126.330 long
2021-11-26 09:31:01 RBLX buy $129.980 long
2021-11-26 09:32:13 RBLX buy $130.000 long
2021-11-26 09:33:02 RBLX buy $129.880 long
2021-11-26 09:34:59 RBLX buy $125.880 long
2021-11-26 09:34:59 RBLX buy $125.880 long
2021-11-26 09:35:48 RBLX buy $124.878 long
2021-11-26 09:36:06 RBLX buy $124.500 long
2021-11-26 09:36:43 RBLX buy $125.080 long
2021-11-26 09:37:07 RBLX buy $124.780 long
2021-11-26 09:37:16 RBLX buy $124.210 long
2021-11-26 09:38:06 RBLX buy $125.200 long
2021-11-26 09:38:07 RBLX buy $125.190 long
2021-11-26 09:38:18 RBLX buy $125.460 long
2021-11-26 09:38:25 RBLX buy $125.340 long
2021-11-26 09:38:38 RBLX buy $125.496 long
2021-11-26 09:38:45 RBLX buy $125.680 long
2021-11-26 09:39:01 RBLX buy $125.550 long
2021-11-26 09:39:03 RBLX buy $125.500 long
2021-11-26 09:39:05 RBLX buy $125.270 long
2021-11-26 09:39:31 RBLX buy $125.190 long
2021-11-26 09:42:04 RBLX buy $124.950 long
2021-11-26 09:45:42 RBLX buy $124.220 long
2021-11-26 09:45:42 RBLX buy $124.220 long
2021-11-26 10:48:46 RBLX sell $122.680 long
2021-11-26 10:49:10 RBLX sell $122.980 long
2021-11-26 10:49:42 RBLX sell $123.160 long
2021-11-26 10:49:42 RBLX sell $123.160 long
2021-11-26 10:50:56 RBLX sell $123.250 long
2021-11-26 10:51:10 RBLX sell $123.470 long
2021-11-26 10:52:02 RBLX sell $123.010 0


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