NVDA Trade on Oct 18, 2022 11:08 from quanphan135: Tradervue User Stock Trades.

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quanphan135

 

The set-up: Continue Sell Off/ Leg Down

NVDA keep pushing down, breaking $119 support. I got in at $118. Risking $1, SL: $119 (Only 1 size, to protect capital gain). And this trade offer tight reward/tight risk

With that said, I sold at $117. 1R play

What I did Right:

1) Identify continue sell off - Offer Clean Short SETUP.
2) Executed based on my edge/system and what I see = TRADING WITHOUT FEAR

What I did Wrong:

1) Could never should enter 2nd position as my first position already a WINNER!

2) Kind of chasing move (Abit FOMO I guess?)

Where I could improve:

I should let the trade work and do not violate my stop loss in my first trade. So there will be no need of this trade where only offer 1:1 R/R

Trade grade: B


Execution detail:

Date/time Symbol Side Price Position
2022-10-18 11:08:23 21 OCT 22 119 PUT buy $3.650 long
2022-10-18 11:15:02 21 OCT 22 119 PUT sell $4.050 0


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