Price stalled โ I exited early from fear ๐จ. Recognized the emotion, re-entered slightly higher once setup stayed valid. Impatient โ Fearful โ Calm โ
VWAP+RSI, EMA-200 aligned. Hammer formed, but price dipped below VWAP, then closed above. Consolidated near VWAPโstock <$5. Exited -0.01R; setup invalidated.
Lesson: Small consolidations near VWAP on low-priced stocks can trap you. Exit early when setup fails.
WGRX trade recap ๐ข
Bought long at VWAP support โ RSI & EMA-200 aligned across timeframes with a bullish engulfing candle confirming momentum. Took ยฝ profit at +1R, moved stop to BE, and secured more partials. Finished the trade at +1.26R.
#daytrading#VWAP#stocks
Todayโs 2 trades & lessons:
DNUT long ๐ข VWAP+RSI+EMA-200+hammer ๐ฏ๏ธ Took ยผ at +1R, greed held me โ stop -0.05R โ๏ธ Lesson: greed erases gains.
NMRA long โก VWAP breakout+RSI+EMA-200 โ Calm A+ setup โ stop -1R โ Lesson: even top setups can fail.
Long @ 5m VWAP support โ
Confirmed: RSI + EMA-200 across TFs + hammer ๐ฏ๏ธ
Admit: FOMO entry before candle close (medium setup)
Took partial profits, closed +1.78R ๐น
Trend: Up at open โ midday