TSLA Trade on Mar 4, 2019 09:47 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Bad trading. After TSLAs cheap Model 3 News and Model Y for March 14th news it continued lower.

I had 294 292 291 287.50 281 as possible levels for support.

Once TSLA dropped 296ish I started to watch at 294 and eventually jumped in too early. 293 had reaction. The Entry wasn't the problem. Problem was not taking off the trade once the lows broke. There was a quick spike to the upside. Seconds! hard reject and prices stalled. i gave it too much time and MUST have taken off the trade. Like I did on friday! Bad job, Markus. Very bad job!

The next 2 adds were bad as well and I can almost certainly say i would not have taken these if I had have a more distant view on the market and were being flat. I used a dip below 291 and 290 for adds. WHY???

The only good add (with size) was the one at 286 where I clearly saw prices stall and come to a rest. But even there I was too early and could have waited for it actually test the level. In doubt I would have gotten filled though.

My partial was good, but should have taken off more and stopped out the rest. To re-evaluate the situation and be free to pile in on lows. Not that I knew prices would go lower once again at that time.
Next test below 286 was not clean to allow for an entry. very choppy. I stayed away and waited it out.


Execution detail:

Date/time Symbol Side Price Position
2019-03-04 09:47:00 TSLA buy $292.988 long
2019-03-04 09:53:00 TSLA buy $289.710 long
2019-03-04 09:53:00 TSLA buy $290.730 long
2019-03-04 09:59:00 TSLA buy $286.320 long
2019-03-04 10:06:00 TSLA sell $288.891 long
2019-03-04 10:11:00 TSLA sell $288.026 long
2019-03-04 10:32:00 TSLA sell $288.471 long
2019-03-04 10:42:00 TSLA sell $289.167 0


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