TSLA Trade on Dec 18, 2023 10:31 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

Open
- This is the better levels I was waiting on. First entry on the break into the 257.5 level, clearly an significant intraday level. Felt comfortable holding based on the 5 minute trend that looked positive. Gave a retraction and retest to the 257.5, let the new candle open and break lower, took second entry. Price action DID resolve but I was expecting a possible bounce off VWAP. Held on as it retracted off the VWAP but it came right back up to the 257.5 and at that point didnt look very opportunistic for the downside continuation. Got out break even.
Reflection
- 3 indicators? Yes, first entry called for.
- Scaling? Yes, second entry on retract retest + 5 min trend confirmation.
- Partials? no.
- Risk management? Out on the break even trade didnt look positive for a downside continuation.
- What went right/wrong? Trade idea valid, trade execution valid. Out on the break even, didnt feel the levels were supporting the idea anymore.
- Successful trade? Yes, i believe so.