A Tesla trade recap.
A winner that I'm not proud of.
It was another normal day in the office, the market opened with a great gap up, made a quick drop to take more liquidity from the sellers, and bounced up to a new high.
I waited for TSLA to drop and stop around the close of the gap, and scale in. I had a perfect idea to buy right at the bottom but missed it because things in the office got my attention...
Since I didn't add at the bottom, I looked for another place to add.
I was impatiently waiting for the right moment and had a small FOMO, so I ended up adding the second tier right at the peak(at the time).
I missed the existing point (was on a Twitter space), added more when price pullback to support, and let it run until the end of the day.
PNL-wise it was a great trade, but a great trade is when you're doing what you need to do in a great way, and in this TSLA trade I didn't...
It was another normal day in the office, the market opened with a great gap up, made a quick drop to take more liquidity from the sellers, and bounced up to a new high.
I waited for TSLA to drop and stop around the close of the gap, and scale in. I had a perfect idea to buy right at the bottom but missed it because things in the office got my attention...
Since I didn't add at the bottom, I looked for another place to add.
I was impatiently waiting for the right moment and had a small FOMO, so I ended up adding the second tier right at the peak(at the time).
I missed the existing point (was on a Twitter space), added more when price pullback to support, and let it run until the end of the day.
PNL-wise it was a great trade, but a great trade is when you're doing what you need to do in a great way, and in this TSLA trade I didn't...
Stock N Roll!
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