Shared by
boldandnuts
I did not trust the retest and decision-candle down at 312ish as the EMAs/VWAP were overhead, but once that cleared and I saw a pullback into VWAP and another decision-candle just below 314 I got interested again.
My Entry was picture perfect. TSLA still traded with wide spreads and low volume. Bid and Ask stalled and I took the Ask after the DC closed. For a moment it looked like TSLA would drop further as the bid stepped down a bid. Took off half. Unfortunately too early.
The trade worked out perfectly. My partial was perfect.
However I was too zoomed in to the chart and lacked perspective. On the crack of 314.50 I took rest off. Bad mistake as TSLA was just pulling back. Easy to tell in hindsight. Due to my perspective I did not have the next move in sight. Missed the party.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-02-11 09:52:00 | TSLA | buy | $313.898 | long |
| 2019-02-11 09:52:00 | TSLA | sell | $313.850 | long |
| 2019-02-11 09:53:00 | TSLA | sell | $314.950 | long |
| 2019-02-11 09:55:00 | TSLA | sell | $314.360 | 0 |
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