VERU Trade on May 11, 2022 09:05 from surfnoby: Tradervue User Stock Trades.

****PLAN
Max loss for day $125
trade max loss $125 (but didnt get full size)
no trades past 7:45, if havent made money after 4th trade then leave

****REASON TO SELL
SPY an QQQ were REVERSING very weak trapping longs
- rejction off key levl on the daily of suppt an resist area/structure
-consolidating under vwap w/ low volume
-sma cross retest an fail
- stock that i knew was just looking for a pop
-BS news
-lots of extension above 10
-weak volume
-rejection off vwap , off VOC, sma cross, 2 day vwap, 5 taps oif death forming lower high
- rjecction off hourly ema

****REASON TO COVER
-look to sell on clear weakness of the tape, if a certain price gets heavy an slows down, an buy picks up on bid an tape
-3:1 ratio profit targets
- turn of QQQ or SPY
- bullish REVERSAL PATTERN or candle stick pattern or brk an hold above key levl or area that shows the stock will reverse
- rejction into demand zone/ strcuture or key levl
-weak volume sellers stepping up
- clear 3:1 risk ratio
- brk above adjusted stop
- brk above levl which i am wrong
- or clear reversal of 13 erma
- rejection of whole #/ strength around whole #
-reclaims an holds above vwap an VOC

****THINGS I COULD HAVE DONE BETTER
-paid attention to tape an really soaked out trade longs
- added more size on confirmation on 3rd taps off resist an rejectio of vwap on open
- saved size or held through 3:1 an watch tape an soak out my winner
-volume was weak w/ inverted hammer fasiling to even brk above 13 ema
- suppt bcm resist off half dollar