$SPX Trade on Dec 1, 2021 13:10 from ricky_trades: Tradervue User Stock Trades.

overall market was bearish due to the new variant.
i know throughout the week we continued to close lower and gap up in premarket. and maybe run up for the the morning into afternoon then sell off. i was not liking anything today but once the afternoon hit i began to watch SPX to the downside. if i had a play i kept missing it due to a phone call or something interrupting me. i was watching TSLA but took no plays.

trade 1 on spx- i saw stock approaching 4600 level. stock had rejected 4650 and was making higher lows. the trend overall was bearish. i saw market internals were down as well. i scalped it for a quick return. understanding that during a few red candles there will be a buy back and form some green candles but overall, the trend was bearish. also, at that time the news of the variant being in California has been released.

trade 2 on spx- this was a long trade. i had a stop of 4600 which wasn't the greatest but i knew that was a key level for SPX. i didnt wait for the next 5 min candle and again after a few red candles the sellers had to cover. i saw the trend kept headed downwards and looking at key levels but it consolidated so i decided to hold the trade. my profit target was 4570. risk to reward was not great at all. i did not want to admit to being wrong in the trade. which i know i need to work on this. i held until i saw it approach 4600 and it rejected. once it rejected it consolidated again. again this trade was not great at all. i managed it to the best of my ability.

trade 3 on spx- this was fast and easy as i saw selling pressure picking up and i took advantage. the vix was going up and the market internals were all red. i saw the stock approaching key level 4550 and grabbed puts the selling pressure was visible. again the stock continued to have higher lows which made me feel comfortable in holding. at this point it was just checking out levels and see them bounce or continue to dive. the trend continued.

overall these trades were not that great and i need to work on the offense side.
this is where a true profitable trader can remain alive in this industry.
always having a true solid exit plan.