U Trade on Nov 23, 2022 10:10 from AndyBhanver3: Tradervue User Stock Trades.

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AndyBhanver3

 

TRADE IDEA - (TREND TRADING, BREAKOUT AND BREAKDOWN, REVERSAL TRADING, MOMENTUM TRADING, GAP AND GO)

PLAY IDEA/SETUP - VWAP, BID HOLD, DAILY TRIANGLE BREAKOUT

REASONS TO ENTRY (ENTERED CLOSE TO A SUPPORT/RESISTANCE THAT WAS HOLDING) - #1. ENTERED AS WE HAD A DAILY BREAKOUT TREND DAY, GOT LONG ON THE PULLBACK INTO VWAP AND BUYERS DEFENDED THIS $35 AND WE STARTED TO HOLD SUPPORT, GOT INVOVLED HERE

REASONS TO EXIT (EXIT AT SUPPORT/RESISTANCE WALL/EXTENSION) - #1. EXITED 50% AT PRIOR HOD RESISTANCE HERE

-#2. EXITED ANOTHER 25% ONCE WE MADE NEW HGIHS AND GOT NEAR THE 36 WHOLE NUMBER, SOLD A PORTION PRIOR TO ALL THOSE ORDERS WAITING THERE AT 36

-#3. TRAILED 25% FOR A BIGGER MOVE UP TOWARDS 36.4, BUT ALSO MOVED UP MY STOP LOSS TO THE LAS SUPPORT BOUCNE HOLD AT 35.6 GOT STOPPED OUT HERE ON THE TRAILING STOP AS U PULLED BACK CREATING A CHANNEL HERE

PT - #1. HAD PT AT HOD, 36, THEN 36.4

MARKET CONDITIONS - #1. GRINDING HIGHER HERE OFF THE OPEN TRENDING NICELY ALONG TO THE UPSIDE

TAPE (AROUND SIGNIFICANT AREAS) - #1. WASN’T QUITE WATCHING THE TAPE, WAS IN TESLA DURING THIS TRADE, DECIDED TO LET UNITY DO ITS THING AND DECIDED TO NOT MICROMANAGE IT, WAS EXPECTING BUYERS TO HOLD HERE, STEP UP AFTER THE BREAKOUT, AND THEN SELLERS WAITED AT HOD AND 36 LEVEL

REFLECTION - #1. NICE TRADE HERE, REALLY WANTED TO GET INVOLVED EARLIER, WHICH WOULD HAVE BEEN A GREAT TRADE TO HOLD, THIS WAS A GREAT MOVE TO MOVE TRADE AFTER ALREADY MAKING A HUGE MOVE OFF THE OPEN, NICE TRADE HERE THOUGH

MISTAKES (DON’T GET UPSET AT LOSSES, BUT GO BACK REVIEW AND MAKE SENSE OF WHAT WENT WRONG WHY DIDN’T THE TRADE WORK AS YOU EXPECTED IT TO AND ONCE YOU FIND THE SOLUTION YOU WILL FEEL MUCH BETTER) - #1. ONLY MISTAKE HERE WAS HAVING A BIT TIGHT STOP ON THIS TRAILING BUT ALSO NOT BAD, WAS RISKING 40 CENTS TO MAKE 40 CENTS MORE WHICH WAS NOT A BAD TRADE IDEA HERE

-#2. BIGGEST MISTAKE WAS NOT ABLE TO GET LONG OFF THE OPEN HERE DUE TO PLATFORM DELAY

IS THIS STRATEDGY WORKING OR NOT? PROBLEM? SHAKEN OUT TOO EARLY, RIGHT TRADE WRONG TIME, TOO TIGHT STOP LOSS?

WAS THIS A GOOD SETUP, DID I EXECUTE WELL, DID I FOLLOW MY PLAN, WAS MY MENTAL IN TACT? #1. BEAUTIFUL DAILY BREAKOUT SETUP HERE AND GREAT READ AND BREAKDOWN HERE, EASY MONEY TRADE ON CLEAN PRICE ACTION TICKER IN PLAY HERE


Execution detail:

Date/time Symbol Side Price Position
2022-11-23 10:10:13 U buy $35.100 long
2022-11-23 10:26:30 U sell $35.800 long
2022-11-23 10:33:03 U sell $35.970 long
2022-11-23 10:38:23 U sell $35.600 0


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