TSLA Trade on Jul 1, 2022 10:49 from yoosh-simulator: Tradervue User Stock Trades.

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yoosh-simulator

 

Risk: 680.24

Live emotional update:

10:49am - Just entered and I am feeling a bit nervous at the bounce, we have come $23 from the highs, so it is a huge move and the ATR(14) is about $40-$44, so I wonder if we only have another 10 points left in it. I am also nervous because this time is usually when stocks bounce, so I hope I have not been caught in the bounce and I am trying to short.

10:57am, we are still consolidating around this key area and I dont like it. I should walk away for a couple of minutes. If I lose I lose. I have sized down and it is part of trading.

11:03am: Havent walked away. On the 1 min we are consolidating making a flag pattern, this will indicate which way we are going. I was have ideally liked to see a quick retest/rejection.

11:07am - Looks like we are going bullish :( Keeping my stop in place because if we break that we are definitely wrong. My stop is above VWAP at the moment so I hoping that it acts as resistance too and we see a reversal

11:19am: So Looking at yesterdays retest - it was a retest of a breakdown and it also followed a nice wave pattern. Today teh wave pattern broke straight away indicate the start of a bullish move. I still think my stop placement is important and knowing at which level I am ABSOLUTELY wrong vs being a little wrong.

11:26am - Ok we have now rejected vwap (kinda) and we are back at my entry level retesting the previous close. I am hoping this goes back RED on the day.

11:35am - Back at reteting VWAP again. I am pretty sure this is where I will get stopped out now.

11:44am - We got 40 cents away from my stop level and I have just seen a nice quick flush. Lets hope that holds and a iget my move down

11:57 - ended up selling for small win because I won on a 10ema strategy and I need to go to sleep. It is 2am here now.


Execution detail:

Date/time Symbol Side Price Position
2022-07-01 10:49:29 TSLA sell $673.220 short


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