PLUG Trade on May 25, 2022 09:30 from e__r__o__: Tradervue User Stock Trades.

Plan
Max for the day $250
Max Loss for the trade $150

Why I Longed
- Held Vwap
- High Volume
- held above previous structure
- added at confirmation during an engulfing candle

Why I Sold
- Showed reversal pattern with a double top
- Above 50 cent sociological number
- was above 3-1 win ratio

What I did right
- risk management was good
- the trade itself was well executed
- Good 3-1 win ratio
- Good add on a confirmation
- Good job seeing it hold vwap before buying
- Good job noticing those reversal patterns with the double bottoms and double tops
- Key supply zone

What I could have done better
- I think I could have held a little longer before selling by waiting to see the following candle turn red before selling.
- Overall pretty good trade

What I learned
- The 3-1 win ratio is crucial to becoming a consistently good trader
- Not only watch the candlesticks but also the significant numbers that may play a sociological role