TSLA Trade on Oct 14, 2022 09:58 from quanphan135: Tradervue User Stock Trades.

The set-up: Opening Drive Play / Break Down

When market is opened. I am patient to see what price action react (I did not force myself into trade blindly without any trend and confirmation). After I sell a huge sell off at the open, broke the 222 support level. Immediately, I know that we are at BEAR TREND. Though, I did not force myself entries right away (I do not want to get trap)

After see my video back, I saw i did many attempt to go LONG at 220-210 support level I draw (and try ACT BASED ON MY Pre-Market Plan), but I should figure out this is a SELL OFF (THERE IS NO EDGE GO LONG) Despite, this might be a pull back before bouncing. However, thanks god that my CALL order almost 3time did not filled.

However, when its broke the support 219. I enter A PUT at 218 (risking $1, stop loss is 219). (I was think I bought 2 contracts but I only buy 1)

Because of the trend clearly selling into yesterday low. I was capture 2 points (2R). If I have 2 contracts, I'm sure I could scale out and capture another 1 or 2R.

What I did Right:

1) Patient and Identify the trend (my trade at 30m after opened)

2) Take time look at bigger picture and all time frame of TSLA before trade

3) Having my entries and stop loss in place

4) Executed on my R/R Plan

What I did Wrong:

1) Wrong Size

2) Some attempt to go LONG (I CANNOT GO LONG IN THE WEAK STOCK) - If I play break out & BULL TREND, PRICE MUST BE GOING UP WITH CLEAR TREND AND PULL BACK

Where I could improve:

1) Sizing, don't make this mistake again and left a lot of money in the table

Trade grade: B+