SPY Trade on Feb 9, 2023 13:40 from AndyBhanver3: Tradervue User Stock Trades.

TRADE IDEA - (TREND TRADING, BREAKOUT AND BREAKDOWN, REVERSAL TRADING, MOMENTUM TRADING, GAP AND GO)

PLAY IDEA/SETUP - CHANNEL BREAKOUT

REASONS TO ENTRY (ENTERED CLOSE TO A SUPPORT/RESISTANCE THAT WAS HOLDING, RECLAIM WICK OFF POINT OF INTEREST) - #1. ENTERED SHORT ON THE CHANNEL BREAKOUT

REASONS TO EXIT (EXIT AT SUPPORT/RESISTANCE WALL/EXTENSION, LARGE OFFER, VOLUME DROP OFF) - #1. EXITED 50% INTO NEW LOWS HERE INTO 408.3 AS 408 WAS A BIT OF A SUPPORT ZONE HERE

-#2. GOT OUT ANOTHER 15% OF POSITION HERE AS WE BOUNCED AND THEN CAME BACK TO LOD BUT STARTED TO HOLD AND COULDN’T QUITE MOVE LOWER, THAT 25 EXIT COMPLETED MY FULL 50% EXIT

-#3. GOT COMPELTELY FLAT AS LOWS STARTED TO HOLD AND NOT BREAKDOWN WITH FOLLOW THROUGH, DID NOT WANT TO GET STUCK IN A 60 CENT BOUNCE JUST WHEN I WAS LOOKING TO CAPTURE 10 - 20 CENTS MORE

PT - #1. 408 SUPPORT

MARKET CONDITIONS - #1. TRENDING HERE

TAPE (AROUND SIGNIFICANT AREAS) - #1. HAD SLOW MOVEMENT HERE, WAS DURING 11AM HERE, SO TAPE WAS MOVING SLOWER, BUT NICE BREAKDOWN AND FLUSH THROUGH 409, 50 CENT FLUSH IN ONE AGGRESSIVE CANDLE

REFLECTION - #1. VERY NICE HOLD THROUGH THIS TREND TRADE, GOT OUT NEAR MY TARGET AND GREAT COVERS, GREAT HOLD TOO AS WE BROKE AND RETESTED TRENDLINE FROM THE CHANNEL, ALMOST STOPPED OUT HERE BUT NICELY HELD ONTO DOING THE RIGHT THING AND IT PAID WELL

MISTAKES (DON’T GET UPSET AT LOSSES, BUT GO BACK REVIEW AND MAKE SENSE OF WHAT WENT WRONG WHY DIDN’T THE TRADE WORK AS YOU EXPECTED IT TO AND ONCE YOU FIND THE SOLUTION YOU WILL FEEL MUCH BETTER) - #1. GOOD EXITS INTO 408, AGAIN, COULD ALSO ENTER AGAIN ONCE WE BREAK BELOW THAT LEVEL AND THERE WAS ANOTHER GREAT TRADE WHEN WE DID BREAK THAT LEVEL

SOLUTIONS - #1. COULD HAVE GOT IN WITH A BIT WIDER STOP AS WE RETESTED 408, AND LOOKED TO SCALE IN AROUND HERE BUILDING A POSTION AROUND 408 IN CASE WE DID FAKE OUT A LITTLE BIT ABOVE THAT LEVEL, IN THIS CASE WE HELD BELOW 408 NICELY AND MOVED LOWER

IS THIS STRATEDGY WORKING OR NOT? PROBLEM? SHAKEN OUT TOO EARLY, RIGHT TRADE WRONG TIME, TOO TIGHT STOP LOSS?

WAS THIS A GOOD SETUP, DID I EXECUTE WELL, DID I FOLLOW MY PLAN, WAS MY MENTAL IN TACT? #1. NICE SETUP AND HTF TREND CHANGE, HAD ROOM TO DOWNSIDE UNTIL NEXT KEY SUPPORT, MARKET IN PLAY DUE TO KEY DTL TEST HERE, BUT NOT REALLY CATALYST BASED

BUILDING A NETWORK / STAYING UP TO DATE WITH MARKET TRENDS, NEWS AND DEVELOPMENTS - EDGE, UNIQUE TRADE STRAT,