TSLA Trade on Jun 2, 2023 09:46 from Dandres: Tradervue User Stock Trades.

One of those stocks you watch

Open
- Watching TSLA at the open, and waited for the OR to die. First entry on the break of VWAP. I was watching for movement. The stock price action rebounded and started making a doji around VWAP. Second add on the VWAP retest and third add on the doji break of VWAP for the probable break to the downside. The stock broke past VWAP and hovered below my stop loss level. Didn't get stopped out and as soon as it broke down past VWAP I reduced my size by half and then took partial on 1R, held the rest to break even.

Reflection
- The first entry was reasonable, the second and third are questionable. The second entry was on the first doji. I could have added on the several dojis slowly making lower highs/lows. At that point I would have been 80% size even though it was testing my stop loss. At the break of VWAP again I could have entered for my 3rd entry and held to 1R resolution. The consolidation candles after that and the break of them back up should have been my signal to get out and take as much profit as possible before it hit my entry price again.

• Opportunity for improvement -- Add only AFTER the consolidation period ends and breaks YOUR way. -- Get out as soon as the consolidation period breaks against you. -- Do not add on major pull backs, only on MINOR pullbacks (lets call it no more than 50% of the candle pull back.)