AMZN Trade on Oct 20, 2022 09:44 from quanphan135: Tradervue User Stock Trades.

The set-up: Opening drive play/ Morning Break Out

Compare to the market opened. AMZN had a great relative strength. Open above open price print. I decided pick the stock to trade for today. I patiently waiting for a bullish confirmation before entries and thinking about target loss for risk as well. Seeing the stock keep pushing up with SPY. Amzn pushing toward yester closed price and the stock being green (this is my confirmation to entries bullish trend). I decided to go LONG at 115.40, where I will risking around 40c (Hard SL: 115). Target Upside: $116.25 and above.

After entries, i am patient looking at the chart and tape and seeing the stock working in my favor immediately. Now I just patient and see AMZN going up with the market. When Amzn reach to 115.80 (I scale out 2 contracts). And move my stop loss to 115.60. I then sell the rest of my position at 116.25.

What I did Right:

1) I identify strength when market open and pick AMZN at the relative strength and offer most Risk and Reward for my A+ Setup

2) I wait for multiple confirmation before planning to entries and exit target ( both loss and gain)

3) I enter without FEAR or hesitated. Trade either work or not.

What I did Wrong: NONE

Where I could improve:

1) I would like to using this system and edge for few more weeks and decided should I increasing size for this current my A+ setup.

2) I would like also improving my FOMO and FEAR during the market. Before the market and after the market as well. So my performance would be straight forward.

Trade grade: A