ACAD Trade on Jul 21, 2020 09:30 from ____: Tradervue User Stock Trades.

Today was a very terrible trading days but, these days specifically have to be avoided so I need to learn as much as I can from trades like these.

trade 1: so this trade I had a support level below current price and just as market opened, the first candle rapidly approached the line and I set a limit to buy the support level. First of all I should have been looking for a break bounce or at the very least watched to see how price would interact with the support level since the price was so bearish. I really need to be patient, my 3 trades were finished by 9:45, when in reality I would rather only take 2 trades if that means the setups are better.

Trade 2:
So for trade two price was consolidating around the same support level and I was looking to go long again. After I went long the price spiked up over the support level and was immediately rejected back down. This should have been my first indication that the stock was still in a downtrend. The price had already closed underneath the support level so I should not have been trading a long bounce.

Trade 3:
This trade was straight up bad trading. The price had bounced twice on a support price and was approaching the price again. Expecting a breakdown I sent a market sell to short and I did not get filled until the price was 30 cents into the move. I had to to set a limit but I didn’t.