TSLA Trade on May 11, 2023 10:23 from Dandres: Tradervue User Stock Trades.

Premarket
- TSLA not on the scanner just one of those stocks you want to watch.
- ETB, ATR: 7.5, MC, 60 shares.
- Plan was just to watch for the claim of either side, bounce of the daily and moving averages on the daily charts.
Open
- Did not trade at the start but at some point, the stock was making clear very strong downward moves to the VWAP.
- Trade 1: Simultaneous supporting candles on charts, it was a no brainer GTFI moment. Got in and held, added on the supporting 1 min and on the pullback 1 min candles. Trade resolved and I held very aggressively to 1.5R and partial out as it creeped back up slowly.
Reflection
- Definite and solid confirmation, it was a brainer that point, the initial entry was fine but the additions I feel should have maybe been at the solid confirmations on the downside again. They might have been to quickly added and could have definitely been held off until downside candle confirmation again shows on the 1 min chart. Then added again on the break of the level, just to be even more cautious.
- Great trade management, risk management and movement of stop loss. Great with holding onto the winners and recognizing the keep back up.
- Lesson, add and scale on clear confirmation, it can keep you from greater loss and could give you big returns. ONLY ON CLEAR CONFRIMATION.