TSLA Trade on Oct 27, 2022 09:33 from Mprofit: Tradervue User Stock Trades.

Thesis
The market has not picked a direction but is trending upwards.
TSLA LONG OVER 231 OR 2MIN ORB
2 MIN ORB
Entry 3.65
Target 4.25
Stop 3.00

The Trade
1st Trade
TSLA gapped up I entered over the 1st 2 min candle. It hit resistance and flushed down and I exited way past my stop.

2nd TRADE
Enter 3.80
Exit 2.44

Lesson
This was an Obvious mistake. I was not looking at resistance at $231.83. I went long at resistance twice and did not use proper risk management The stop was at 3.00 not 2.44

Stock Chart

Option Chart

Execution detail:

Date/time	Symbol	Side	Price	Position
2022-10-27 09:33:11	OCT28 22 235 CALL	buy	$3.650	long
2022-10-27 09:33:11	OCT28 22 235 CALL	sell	$3.570	0
2022-10-27 09:33:58	OCT28 22 235 CALL	buy	$3.800	long
2022-10-27 09:35:00	OCT28 22 235 CALL	sell	$2.440	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=47167494&end=20221027103500&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=47167494&end=20221027120500&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=47167494&end=20230326&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=47167494&end=20221126&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

TSLA Trade on Oct 27, 2022 09:33 from Mprofit: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax