AMZN Trade on Jun 2, 2023 10:16 from Dandres: Tradervue User Stock Trades.

One of those stocks you watch

Open
- Saw it coming back up to the VWAP. It had retested it before and failed, thought I could catch a second failed retest. First entry close to the VWAP below it. Got out at the break of VWAP and close of 5 min candle. Re entry first entry at the break of VWAP right after that again. Second entry on a same size candle (too large of a pullback). Third entry on the rebreak of VWAP. Held until stop loss.

Reflection
- I cant really say that the entries weren't called for. The second entry was questionable, the pullback was too similar in size to the move down so it was questionable which direction it would take at that point. The close of the 5 min candle after the first entry above VWAP should have been my indicator to get out. The because it opened very close to my stop loss and at that point trader psychology would have been to push it higher after it rejected the dojis and opened on VWAP.

-- Dont add on the major pull backs.
-- Follow and respect the candles. Your job isn't to be right, its to manage your risk and protect your capital.