TSLA Trade on Jul 12, 2022 09:46 from Mprofit: Tradervue User Stock Trades.

Thesis
2 min low of day brake out . Enter the trade on the first 2 min candle that makes a new low. This has to coincide with market direction and high volume.

The Trade
The trade was a 2 min brake out but when the candle started to pull back I protected profits quick. Too Quick because there was a lot more down side movement to come. At least a 5 min candle stick of downward movement left.

Lesson
Look for a real reason to cover

Execution detail:

Date/time	Symbol	Side	Price	Position
2022-07-12 09:46:00	JUL15 22 690 PUT	buy	$14.550	long
2022-07-12 09:46:13	JUL15 22 690 PUT	sell	$15.100	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=44457879&end=20220712104613&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=44457879&end=20220712121613&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=44457879&end=20221209&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=44457879&end=20220811&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

TSLA Trade on Jul 12, 2022 09:46 from Mprofit: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax