TSLA trade 03/05/21
Used the smaller timeframe when looking at the TSLA price action pre-market which flipped me from short to long. Big mistake. Use the higher timeframe to get a better sense of what prices want to do. Cut the long quickly and flipped short which was very good. In this higher volatility environment, you want to set wider ranges for the day, as was displayed today in TSLA. Overall, not bad execution.