GOOGL Trade on Feb 9, 2022 09:42 from andresadr94: Tradervue User Stock Trades.

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Shared by
andresadr94

 

02/08/2021
Good
- The trade was good itself, I was more patient than usual, I was able to ride the 9ema on the 5 min chart succesfully.
- I had better control of emotions today because of two factors. One I took my firs postion with half of my account and two Google did not have a lot of volatility.
-I was able to average up closed to the 9ema on the 5 min chart in bull flag pattern. The entry was actually very good.
-I was able to sell half of my position at the pshychological resistance level of 50. Which ended up being the resitance for the day
- Exit completly out of the trade after price went down the 9 ema

** Not good:**
- The entry was not the best, I should have waited until the break out happeend or maybe buy at a reseitance level. After I took the postion I had to witness the stock going down to previous resistance levels. the fact that my entry was with half of my positon size made the reversal easier to handle.

What needs to be improved
- Entry has to be better. Either I need to buy at a previous resistance level, the break out or buy at a good price point with a nice candle stick closed to the break of the 30 EMA after it has hold the 9 EMA
- Even though I was able to average up very well, I need to know better when to do it

Notes
- Trading with less volatility definetly helped with emotions.
Good day overall, but Im still coping with my $700 loss yesterda, still can't get it out of my head.

-.

Rule
If I'm down 1% of my portfoltio in the day. I must stop trading.


Execution detail:

Date/time Symbol Side Price Position
2022-02-09 09:42:20 GOOGL buy $2827.000 long
2022-02-09 10:25:08 GOOGL buy $2838.260 long
2022-02-09 10:34:36 GOOGL sell $2848.520 long
2022-02-09 10:44:09 GOOGL sell $2838.290 0


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