TBLT Trade on Jul 21, 2022 09:30 from armando0330: Tradervue User Stock Trades.

Mistakes:

• On the first short I didn't see the bigger trend holding and also went for a short without meat, did not wait for my levels
• On the 2nd short my mistake was having a tight stop, I should trade with a wider stop of at least risking 5% of my position when going for this 10% trades
• I also had to cover at 5.3 line, based on my most basic understanding, cover support until proven otherwise, and then hit again 5.5 area. This would allow me to have more padding if something goes wrong.

Good things:

• At least I covered a piece at 5.3 support
• Was able to identify the 5.5 area as an entry based on tape
• Took my first try without emotions to re-attack

Remember that I don't want to go for 1:1 trades, I want tickers to be extended to enter short to cover at least at the mean. Also remember to give ticker breathing room, and set stop to where the noise won't bother me. This type of trade doesn't need a tight stop because I'm not guessing the top nor going big size at certain areas.