USEA Trade on Jul 15, 2022 10:15 from HelloMrMotto: Tradervue User Stock Trades.

Intraday

SPY ran with about a two-point range during premarket and had a huge 4.5 points and it started about 8:30 am.

Why did you take the trade?

• The stock hit my alert

• The stock was on Arthur's watchlist so it had volume pre-market

• The stock was breaking the HOD

How did the trade go?

I actually made a great first entry but got out quickly when I thought that the price was going to go back to my entry. I should have held a little longer, the stock end up breaking the HOD after my first entry.

The second entry was horrible and I bought right at the top. I sized in too big because I thought the momentum was there but I should have waited and I would have collected an awesome premioum.

I was down with the second entry but watching the level 2 gave me confidence to hold it. Withing a few mintues the stock came back but I just took my small profits and wanted to walk away.

I got very lucky on this one that the stock even mange to come right back.

What can you do better in the future?

• Be patient

• Wait for the right entry to collect the premium and meat of the move

• Cut losses quickly

What did you do great?

I broke a lot of my rules today so even though I am even I should have waited.

Grade: F

Why that grade?

I broke a lot of my rules