NFLX Trade on Oct 26, 2022 09:38 from quanphan135: Tradervue User Stock Trades.

The set-up: Opening Drive Play/ Break Out

This trade keep working exactly what I planning out during my pre-market and technical analysis. The reason I get out of this trade quickly. (THIS IS A BAD EXECUTION TRADE AND I GOT LUCKY THAT I GET OUT GREEN)

First, I bought at the top, where spread is so wide and I bought contract too expensive
Second: The moment I enter "AT THE TOP", When the stock pull back, my contract getting premium HIT immediately that made my pnl draw down and I was so scared! (And did not know to reach because I was enter FULL SIZE)
Third: I did not buy at the pull back ( Its can offer more great risk and reward)
As some point it does pull back into 294 where is can act a bullish heathy pull back signal and I could buy there, then I can safely minimize my risk and maximum my return of this BIG GOD TRAD
What I did Right: I only pick the stock to play is right. Other than that, execution is super bad and FOMO price again. "When I will learn"

What I did Wrong:

Buy at the top
Did not wait for a healthy pull back.
Did not great R/R plan
Where I could improve:

Buy at pull back
Looking at spread and adjust my size accordingly
NOT FOMO just because I pick the right stock to trade with the right trend!

Trade grade: FAILED - This is my monster trade make my SO MUCH money. But because of my bad execution, its turn to a lucky green trade.