The price action in $TSLA from the past six trading days does a nice job of demonstrating three distinct types of trades. Not all trades makes sense to all traders. But if as a trader you can figure out which of these trades fits your personality best and then build a detailed trading plan on how to attack it next time it occurs you can start to improve your consistency. Most of the experienced traders Bella and I have interviewed over the years who are struggling do not have a well defined playbook and this is the primary cause of their widely varied results.
Trade 1 (May 23): Consolidation Break Swing Trade
Trade 2 (May 29): Momentum Reversal Trade
Trade 3 (May 29-May 31): The Range Trade
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