NVDA Trade on Dec 19, 2023 09:46 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

Open
- Watching the price action on NVDA, this morning had tested the previous day low twice. Took the first entry on it breaking down very convincingly. Wanted to watch the price action sustain the break and not just tap it, developed a retraction and retest, second entry on the retest of the break, price action sustained. New candle open and break lower, third entry on that level break lower. The price action was very supportive of the downside move, was targeting the PDDC, it came and tapped it, took first partial, the price action bounced and didnt come back, out break even the rest. Testament that no matter how good something looks and how well you follow your edge, it could reject and go the opposite way. Small win.
Reflection
- 3 indicators? Yes, first entry on the PDL break.
- Scaling? Yes, took additional entries on the retract retest + new 1 minute lower candle break.
- Partials? Yes at the PDDC, rest on break even.
- Risk management? Knew my stop was right above the PDL where I took my first entry and after taking second entry, stop was about mid way of the retract retest range.
- What went right/wrong? Trade idea and execution was valid.
- Successful trade? Yes, traded the technical, emotions in check and risk managed.

Called it a day, nice profitable day.