NVDA Trade on May 24, 2023 09:50 from Dandres: Tradervue User Stock Trades.

Nothing attention grabbing moving in premarket
- One of those stocks you watch on quiet days.

Open
- At the time was watching NVDA for the break of the VWAP, im not sure what was running through my head at the time because what could clearly be seen in the previous 5 minute candles were the developing of low and lower 5 minute candles.

Reflection
- Honestly, did everything wrong in this trade
-- Didnt trade both 1 min and 5 min confirmation.
-- Traded against the lower highs/lows forming.
-- Scaled very quickly.
-- Very tight stop loss.
-- Probably didn't even check the volume either.

Completely violated the trade book and went off the rails. The loss was well earned.

Execution detail:

Date/time	Symbol	Side	Price	Position
2023-05-24 09:50:49	NVDA	buy	$301.980	long
2023-05-24 09:51:35	NVDA	buy	$302.070	long
2023-05-24 09:53:29	NVDA	sell	$301.470	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NVDA&trade=52538510&end=20230524102229&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(20)&compare=SPY');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NVDA&trade=52538510&end=20230524122329&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(20)&compare=SPY');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NVDA&trade=52538510&end=20230623&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(50)');}

NVDA Trade on May 24, 2023 09:50 from Dandres: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax