TSLA Trade on Oct 18, 2022 11:40 from quanphan135: Tradervue User Stock Trades.

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quanphan135

 

The set-up: Break Down Noon (After 11 AM Trade)

Yes, again TSLA trade. I am tripping with this stock again. At this time, I see TSLA keep pushing down and break my key support I was watching. Enter a SHORT position into support broke and get violating. having a small stop loss into place. Risking only $1. Well, this not work and getting trap by SHORT Seller cover there position :) (SHORT AT SUPPORT OR DEMAND ZONE ITS ALWAYS A RISKY PLAY AND WHERE I WILL LEARN?)

Costing me $50 for nothing - No love with this stock.

What I did Right:

1) Respect my trade, entries and stop loss - Market goes either way! But I get fully protected at a small loss because I respect my stop loss. That why, this small loss but fully protect my whole morning gain/green!

What I did Wrong:

1) Kind of FOMO and pushing myself into trade where is already 11 am ( And 3rd different stock I trade in A DAY)

2) Bad executed. Keep watching my key level, but why SHORT AT SUPPORT?

Where I could improve:

Not Trade TSLA anymore

Trade grade: FAILED


Execution detail:

Date/time Symbol Side Price Position
2022-10-18 11:40:31 21 OCT 22 220 PUT buy $9.900 long
2022-10-18 11:45:00 21 OCT 22 220 PUT sell $9.400 0


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