ABCD, C,

I give this trade/chart a C rating, I think the ABCD setup was there and I took a small position size and had a define risk level. One indicator I chose to ignore was VWAP, it was trending very close and even under VWAP. A strong stock holding ABOVE VWAP and forming an ABCD pattern should have been my ideal play. I think this was a forced trade

Entry: I noticed on the 1 min and 5 min chart that there was a lower high followed by a higher low, I got in with small postion size wanting to risk the 9.90 level. risking about a 2:1

Exit: I saw on the chart it had two quick pull backs to the 9.45 level and was having trouble breaking past the 9.50 level. I got out before my stop because it wasnt uptrending as I was hoping for it too

 

Overall this isnt the worst trade, I think I handled exit will, and entried appropiately with a define risk.

ABC, C,

Entry: I was trying to mimic the first trade, now risking the 4.8 level and being more patient (second trade on the chart)

Exit: saw that there was a mad pullback and a lower high, needed to get out to protect myself

 

ABCD, C,

Entry1: it was showing some strength after the bounce off the 2

Entry 2:I thought this was a good spot to add for a conintuation

Entry 3: accidently sized up 

Exit: it came up, but not strong got out.

 

Overall, this was sloppy but exit handled well

ABCD, C,

Entry: I was trying to watch the 5 min chart, it had its first green candle on there. I was looking for a change in momentum

Exit: Wanted to add more, but notice I was taking too mant paper cuts trying to fish for the bottom. Got out when risk level of 4.20 broke

Overall, I was trying to read the 5 min chart, a round bottom was formed. BUT this stock was under VWAP

ABCD, C,

Entry: Bought into some strength, I was wanting to see the continuation in strength

Entry2: I was risking off the 4.20 level and saw that it wasnt hit on the pullback and wanted to add more

Exit: topped out at 4.40 again, should have gotten out once that happend, but waited until my risk level

 

Overall, I think risk management was good. My mistake was trying to fish for the bottom and this was a stock trending below VWAP

 

ABCD, C, Chasing, FOMO,

Enrty: I was planning to have a similar trade as before, saw some strength in the 5 min. Wanted for the stock to uptrend a and rip up towards the high

Exit: There were a couple red flags I didnt noticed until later

1. huge pull back from the high, more of a V than a U
2. couldnt break the 4.07 area, I was planning to risk off that area

C, Dip Buy, FOMO, PM Breakout,

Entry: I was looking for continuation, I dont think this was a good set up. The first one was way better

Exit: was not continuting, cut losses