BRSH Trade on Aug 10, 2023 10:05 from moazzamk: Tradervue User Stock Trades.

The set-up: pullback. It went up to 5.3 and started to pullback. Then, it went to 5.38 and started pulling back. I should have realized it was going to be a doji or a false breakout candle.

I figured it would go back up to form a double top so I waited even though the stock went below VWAP. My SL was below the previous green candle. However, I noticed it went below that and came back up. So, I decided to give it a chance to get back up to my buy price (and maybe higher).

It went to 5.16 and started going below 5 and I sold for fear that it will drop into an M pattern . It ended up trying 5.3 again later but I am glad I sold it on the second attempt.

What I did Right:
Bought on pullback.

What I did Wrong:

Where I could improve:
I need to find setups that give me at least 2R. If I had gotten in 2 minutes before, my P/L ratio would have been better.

Trade grade: B (because - averaged down even though it worked out in my favor)
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Big-picture:
Trade parameters:
Entry:
Trade Management:
Exit