MSFT Trade on Jun 7, 2023 10:22 from Dandres: Tradervue User Stock Trades.

One of the stocks you watch on slow days

Open
- Was watching this for the reversal move back upwards. I was doing my best to trade the higher levels and volume and simultaneous chart confirmation. I think the first and second entries were called for but the third one was definitely too hasty because at that point the 5 min chart had just opened. It safer to enter close to the end of the candle. The risk to reward was pretty good and I got out at the consolidation rejection and break to the downside. Wasn't a big loss, but it was managed with a reasonable and better max stop loss. After the candles closed I move my stop loss from 1$ to 50c because the stop was still valid. But considering how the stock never recovered back to that level, it was definitely a great call..

Reflection
- Nice use of the 3 indicators.
- Third entry was too hasty, we trade the closings of candles not the beginning of candles.
- Nice with setting the stop loss and following the trade book.