SVFD Trade on Jan 21, 2022 09:57 from alyle73: Tradervue User Stock Trades.

2022-02-20 07:48:42

C: Price regained VWAP and 9EMA
E: VWAP break and green candle [20 @ 5.29]

False break on next candle. Long wicked big red candle. Should have Exited Trade.

Hindsight Plan
Stop: 5.20 or -1.7%
Target: 5.60 or +5.8% ; 5.50 or +4% = 2.3:1 with 1.7% stop

Losers will happen BUT my Stop was way too low. Correct stop was at the close of the giant red candle dip.
Next Entry was bad. Price Below VWAP but Above 9EMA. Does not meet conditions
Poor Exit once again. Holding and Hoping?
Entry: 4.90
Stop: -10.2% at 4.40
Target: 1:1 would be 5.30 or +10.2%

Price had no indication of reclaiming VWAP and making a run to HOD. Why did I trade this way? Revenge Trade? Or a No Plan Trade? = How NOT to Trade