ADBE Trade on Nov 3, 2022 09:52 from quanphan135: Tradervue User Stock Trades.

The set-up: Break Down Setup (Wide Spread/Less Liquid)

I identify ADBE having multiple weekly downtrend, having alot of relative weakness since last day. It was on my watch list for SHORT idea. If market decided going down, this will be my stock in play!

Goes Short when candle having a spike down. Prepare my stop loss and reward target it play. Few min hold position, stock was works in my favor, and I scale out the first position. After seeing SPY and QQQ trying to made a come back reversal. ADBE hit my target stop loss and ofc i hit the bid.

What I did Right:

Stock In Play - Right Idea
Entries could be better - but when trade hit my SL target. I hit out the trade (While my stop loss abit tight)

What I did Wrong:

Terrible entries - did not wait and buy pull back
Terrible R/R entries
Freak Out when Trade goes against me, premium destroy and hit the bid with wide spread
Freak Out lead to bad chart/trending leading - This Trade Turn into a Monster Trade for 200% gain

Where I could improve:

I need more patient for better entries. I want to see next week if I could identify trend bar / signal bar and place my entries AFTER HAVING SIGNAL BAR on my direction!

Trade grade: C