TSLA Trade on Dec 18, 2023 10:46 from Dandres: Tradervue User Stock Trades.

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Dandres

 

One of those stocks that you watch

Open
- The price action after the previous trade returned back to the VWAP, wanted to watch this either hold or break VWAP. Took the first entry in anticipation of the break and on the break of VWAP and break of 257. The price action broke down below VWAP to add to the idea an I took a second entry. Third entry on new candle open and move lower. My stop was at 257. I felt it would bounce of the VWAP again and give some resistance and i did. The price action resolved and broke down below the VWAP again, fourth bonus entry to scale the winning trade. Took partials alone the break down and to the lows of the move, eventually price action gave me a strong reversal and break of the mini consolidation at the bottom of the move, out on the break of the trend.
Reflection
- 3 indicators? Yes, first entry called for.
- Scaling? yes, additional entries on confirmation.
- Partials? Yes, partials at the opportunistic moments the market provided me.
- Risk management? Knew my stop loss, scaling on confirmation, partials all along the way.
- What went right/wrong? Trade idea and execution I felt went very well. Emotions were sound.
- Successful trade? yes.


Execution detail:

Date/time Symbol Side Price Position
2023-12-18 10:46:09 TSLA sell $256.920 short
2023-12-18 10:50:47 TSLA sell $256.720 short
2023-12-18 10:51:04 TSLA sell $256.550 short
2023-12-18 10:56:02 TSLA sell $256.400 short
2023-12-18 10:56:24 TSLA buy $256.130 short
2023-12-18 10:57:48 TSLA buy $255.860 short
2023-12-18 10:59:48 TSLA buy $255.640 short
2023-12-18 11:01:24 TSLA buy $255.700 short
2023-12-18 11:02:29 TSLA buy $256.000 0


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