M Trade on Dec 11, 2023 09:40 from Dandres: Tradervue User Stock Trades.

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Dandres

 

One of those stocks that you watch

Open
- Price action seemed strong on the reversal off the VWAP. Took first entry at the top of the range. Second entry on the higher candle break (good volume too). Trade moved sideways, held to watch the level hold above the mini consolidation at the top of the range, rejected and broke it, out on the break of the mini consolidation. Minor loss.
Reflection
- 3 indicators? Yes, first entry on the break into the top of the range.
- Scaling? Second entry on the candle break higher.
- Partials? no.
- Risk management? Out on the price action breaking the mini consolidation, didnt need to hold out until the VWAP, at this point the market sentiment showed obvious support of the downside direction.
- What went right/wrong? Trade idea and management. Out on the break of the consolidation, did need to hold out to my stop loss.
- Successful trade? yes, traded the technical + emotions in check.


Execution detail:

Date/time Symbol Side Price Position
2023-12-11 09:40:50 M buy $20.270 long
2023-12-11 09:41:55 M buy $20.310 long
2023-12-11 09:47:51 M sell $20.210 0


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