TGT Trade on Mar 5, 2019 10:31 from ValeriuMoraru: Tradervue User Stock Trades.

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ValeriuMoraru

 

Initial Comment:

I forced this trade and didn't respect my stop. I so on the tape and also the pattern was clear that it was heading down.

Proper Prep:

I already commented on the premarket preparation on my last trade.

Hard Work:

I mist the good levels to short so i taught that maybe was going to hold the 80c area, and i was "hoping" instead of working hard, reading the tape, watching the future, analyzing the chart and the VWAP to determine rather it will get even more down or it will bounce and start going up. I just get in and that was the end of the story...

Patience:

Patient to make bad trades...

Detailed Plan:

My plan was to get long near 80c if 80c drop i would get out if it get near the hole number (98c exit) fail i would consider selling it and if it breaks i would sell it into the 50c area previous resistance.

Discipline:

When the 80c dropped i didn't cut it, i started hoping and motivating to my self that this is going higher for sure... So no discipline...RIP

Contribution:

NON

Reviewing:

This trade like other had potential, but not on my side. I was to distracted and superficial to understand that it's doing something else. I mist them for lack of focus and superficiality in my analysis. Today i will try my best to stay much more focused and stop missing the simple stuff.


Execution detail:

Date/time Symbol Side Price Position
2019-03-05 10:31:54 TGT buy $75.820 long
2019-03-05 10:35:41 TGT sell $75.740 0


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