IWM Trade on Jun 14, 2022 10:07 from spyrosz: Tradervue User Stock Trades.

Needed/Looking to increase long "exposure" as recent 3-day sell-off resulted in trailing stops getting hit for pretty much all of remaining long positions.
+ the velocity of the sell-off
+ being over-extended even from 9SMA@daily,
---> made me leaning "bullish", at least for the remaining of the week.

I wanting $IWM as close to $169 level as possible to nibble some.
$169=major long-term resistance level=pre-Covid high that broke with "gap&go" setup on the vaccine news.
Level has been tested & defended in the recent past, and led to a ~14% rally from low before rolling over.

However, the open "vaccine-news" gap sitting at $165.7-169 just below + recent extreme market weakness were holding me back, thinking I should wait for the gap-fill & holding me back of risking proper (1xATR) stop.

My hesitation was evident as:
-- Took the trade with Tier 0, risking tight stop $168.4s = recipe for disaster in such a market, in order to get the f@ck out quickly if they went for the gap-fill
-- After multiple VWAP rejections, decided to get flat at b/e and leave it alone....

Indeed broke lower, but managed to reclaim the level before the close. At least now I had a proper pivot to risk-off, so took the trade again...

-- Got long Tier 0, risking LOD=$167.75s
-- Expecting a higher open tomorrow to trim some, and some kind of reaction beofre such an important level breaks.
-- 1st target $175

06-16-2022
At least I sold 1/3 before I felt into the trap...
Full Tier 0 loser kinda hurts. You want to swing, you must take the overnight risk. Moving on.