TSLA Trade on Jan 3, 2024 09:43 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

Open
- On this trade I watched the price action come back down to break the consolidation. Took a first entry and let the price action sustain before taking another entry on it. The price action did break down but I was looking for it to break with more momentum, stop was at the break back into the consolidation range which it did hover above for a bit when it ultimately did break down again. I stopped out on the price action reversing pretty strongly back into the consolidation range.
Reflection
- 3 indicators? Yes, first entry called for.
- Scaling? Yes, additional entry called for on the price action coming down to make a lower lower and break below the previous candle that broke the consolidation.
- Partials? No.
- Risk management? Out on the break back into the consolidation, respect the stop.
- What went right/wrong? Trade idea and execution went right.
- Successful trade? Yes, traded the technical and kept the emotions in check, it was a nice small winning day.