Shared by
boldandnuts
Markus, you never learn.
304 was the level to watch.
I saw TSLA test below 306 and start to form a decision-candle.
Instead of waiting for it to finish I used the crack of 306 for my position. Spreads were wide and once TSLA starts moving it usually means a lot of slippage. Entry was ok as TSLA initially started to move but had not follow through. Much hesitation. Instead of taking the trade off I gave it too much time to play out. Eventually it ran too much against me that i was not willing to take my loss. Bad tradin behaviour!
304 was my level to watch! 304 broke. 303 tested.
On the lift off 303 I added at 303.50 break. Great entry. TSLA popped and I took a quick profit. and traded out of it nicely.
Turned out a good trade that would have been massive if I had stuck to my rules and not gambled.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-02-07 11:32:00 | TSLA | buy | $306.000 | long |
| 2019-02-07 11:38:00 | TSLA | buy | $303.545 | long |
| 2019-02-07 11:39:00 | TSLA | sell | $304.710 | long |
| 2019-02-07 11:40:00 | TSLA | sell | $305.470 | long |
| 2019-02-07 11:40:00 | TSLA | sell | $305.870 | long |
| 2019-02-07 11:44:00 | TSLA | sell | $306.000 | 0 |
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