RDBX Trade on Jun 13, 2022 09:53 from madihahmansor: Tradervue User Stock Trades.

Gravatar

Shared by
madihahmansor

 

PLAYBOOK TYPE
Continuation momentum

MARKET RECAP

INTRADAY FUNDAMENTALS

  1. Catalyst = No
  2. RVOL = Very high
  3. Average volume = 30M
  4. ATR (5m) = $0.70
  5. Previous close = $13.23
  6. LT chart =
  7. Free Float = 8.8M
  8. Shorts Float = 38.6%

TRADE PLAN
Catch a significant part of the continuation move.

TRADE MANAGEMENT
Cut my winner on this trade too soon.
Managed to built profit cushion on this earlier pre-market.
Was chasing this. It was on 6 green candle up move when I entered.
So I entered right as it was pulling back.

Basic mistake of chasing highs which I've done too many. Should have waited for the pullback to settle and see bottoming tail as per snapshot.

READING THE TAPE
Read the tape. No big buyers on Lvl 2 when I was buying. Did not notice the T&S.

DAILY REPORT CARD

Daily Risk :

P&L :

Weekly P&L Goal :

  1. How Prepared Were You For The Open?
    Could be better prepared.

  2. Profit Target vs Max Loss ?
    $100, -$50.

  3. Did I Define My Risk For Every Trade Before Entering?
    $50

  4. Did you remain patient with your trades?

    • Yes hold until the pullback settled and added to my positions when I saw strength. Although, should have hold more for the move up to $18.
  5. Risk Management ?

  6. Psyche : Any signs of being on tilt ?

    • No
  7. Did I take an A+ trade today?
    -Yes

  8. Areas of improvement ?
    Right set up.
    Need to hold my winners

image


Execution detail:

Date/time Symbol Side Price Position
2022-06-13 09:53:05 RDBX buy $16.400 long
2022-06-13 09:54:59 RDBX buy $15.950 long
2022-06-13 09:56:27 RDBX sell $16.590 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in