TSLA Trade on Dec 15, 2023 09:41 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

Open
- Watching these levels above the VWAP again. It had now developed a resistance around 251.5. Took first entry on the break of the high of the range. Second entry on the new 1 minute that broke up and made higher level on the 1 minute chart. Third entry at the break of the HOD. Took minor partial at the squeeze up, second minor partial on the resistance around 252 and the rest the broke down at break even.
Reflection
- 3 indicators? yes, first entry called for.
- Scaling? Yes, second and third entry called for at appropriate indications.
- Partials? Minor partials. Cnat really say I shouldve taken bigger partials bc in the moment it looked very momentous, felt like I could hold it for a larger HOD break. What I could have controlled however was the break of the 252 level to the downside again and gotten out at the break of the mini consolidation like I usually do. Didnt do it however AND why didnt it? How could I know it could come back up? I dont, so I need to take the exit at the break of the level.
- Risk management? Proper scaling on indication, didnt jump the gun and took partials when appropriate.
- What went right/wrong? Only thing about this is my stubbornness in THINKING it would come back, how could i know that? the market is giving me the information that it has rejected the idea and now flipped its bias. So get out. Minor win, could have been nicer. Its the emotions!
- Successful trade? Yes, for the most part. But my belief was in contrast with the market information int that last partial.