TSLA Trade on Dec 18, 2018 10:42 from MarcoG: Tradervue User Stock Trades.

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MarcoG

 

I have to try to trade those ATR monsters to understand how dangerous can be having the wrong size and entry. I think I have to avoid them at least at the beginning of my trading career.

12/20 after 2 days I review this trade and I see that there was not a well defined strategy on my side. Yes the fade below the eMA was beautiful with a dollar profit that was claimed really fast but I had only one share so I didn't close it aiming for a long lasting position.
Check at 10:02 the eMA crossing down the vwap with price 346.95 . With a stop of 0.35 cents you would have got 3$ profit. You could have wait for confirmation and enter at 10:06 would have been even less risky(This detail it's something to focus). But 2 days ago I still didn't figure out that I could trade the eMA crossing the vwap.


Execution detail:

Date/time Symbol Side Price Position
2018-12-18 10:42:33 TSLA sell $343.950 short
2018-12-18 10:47:35 TSLA buy $344.850 0


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