META Trade on Jul 11, 2022 09:34 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
2022-07-11 09:34:05	JUL15 22 160 PUT	buy	$1.890	long
2022-07-11 09:35:12	JUL15 22 160 PUT	sell	$2.190	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=META&trade=44457880&end=20220711103512&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=META&trade=44457880&end=20220711120512&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=META&trade=44457880&end=20221208&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=META&trade=44457880&end=20220810&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

META Trade on Jul 11, 2022 09:34 from Mprofit: Tradervue User Stock Trades.

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