TSLA Trade on Feb 26, 2024 13:23 from vhansberger: Tradervue User Stock Trades.

The set-up: FBD on Daily - Plan was to build an equity position early on - Accumulate a call position once a 15 Min ORB occurred and provided a pullback into OR for a swing

What I did Right: Patient with the pullback

What I did Wrong: Should have trimmed my position into resistance but was wanting a 210 push instead we got a 205 wick.

Where I could improve: I was happy with my entries and exits to be honest - My plan was for a bigger picture move but one thing I could improve on is realizing how much resistance we have to get through around the 205 and adjust my strategy to recycle options a bit and not scale in until we get confirmation of the breakout over 205 and then scale into the trade once resistance turns support.

Trade grade: C+

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Big-picture: FBD on Daily - In a Daily Bull Flag at bottom of range and ideally see it going to the top of the range near 250

Trade parameters:

Trade Management: Managed the trade well - Just need to trim into resistance when it is testing for the first time rather than holding through the pull back. It typically takes a few tries to break out historically. Lastly my adds were premature - I was adding in anticipation of a 198 support. That is the wrong way to trade, I should be waiting for the 198 confirmations of support and trade the range between 198 - 205.