TSLA Trade on Oct 17, 2022 09:49 from quanphan135: Tradervue User Stock Trades.

The set-up: Opening Drive Play/ Morning Break Out

Exactly what I planned out on my pre-market plan. TSLA demand zone are 204-208. When it open, I saw TSLA had some strength with the market. Trading above demand zone and key support 208. Stocks going up 4 points to 214, I waiting for a pull back (On the book). I am going LONG at 213, risking about $1 (Hard SL: 212). TSLA going up into 214.50. I scale out 1 and sell the rest at 215. (The reason to sell at 215 at I saw there is few rejection and tape show me 215 ask are held). - After around 10min. Ask/seller left, tsla continue running up to 220 (missed 5 points, potential max gain)

What I did Right:

1) Having pre-market plan.

2) Identify bullish trend into the open and trade by the pull back in the text book.

3) Scale out as market paid me and hold on the winner

4) Identify the tape/seller at 215 - So selling the rest (moment I sold, stock trade back down to 214)

What I did Wrong:

1) None

Where I could improve:

1) First scale out at 214.50 is good, but for the rest, I would like to have hold on more into my winner (5 points potential missing). Reason to sell is because at 215, alot of seller there and pushing it down. BUT my STOP loss are 212. In the first place, I should let the trade run more (because I already accepted my STOP LOSS level).

2) I will need to find a reason2sell better - So I could hold on into my winner longer and maximize the reward

Trade grade: A