How I Made Over $1,300 Day Trading Stocks | My Biggest Profit Ever!
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Today, Tesla (TSLA) offered a picture-perfect bounce play off the 5-minute 90 EMA, giving me one of the cleanest trades of the week. Here's the full breakdown of my thought process, technical setup, and the exact entry/exit that led to an $8-per-share move.
๐ง The Setup
TSLA opened strong with clear bullish momentum. Mid-morning, the stock pulled back to the 90 EMA on the 5-minute chart—a level I rely on regularly for trend continuation entries. The key was waiting for confirmation before entering.
Why I liked this setup:
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Strong upside momentum at open
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Controlled pullback on decreasing volume
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Rejection wick off the 90 EMA
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Bullish engulfing candle with volume bounce
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R:R was solid and risk was well-defined
๐ Entry & Exit
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Entry: $281.00 (on confirmation candle close above the 90 EMA)
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Stop Loss: $279.50 (below EMA and prior candle wick)
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Target: $289.00 (previous intraday resistance zone)
Once TSLA confirmed the bounce, I entered with confidence and held as it climbed steadily toward my target. The move was quick and clean.
๐ฐ The Result
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๐ Risk: $1.50 per share
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๐ Reward: $8.00 per share
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✅ Outcome: Full target hit
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๐ต Total Profit: $1300 (on 200shares)
This was a high-probability trade with strong technical backing and solid execution.
๐งพ Key Takeaways
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The 90 EMA works best in strong trends – TSLA never lost its bullish structure.
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Patience pays – Waiting for confirmation gave me a better entry with lower risk.
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Stick to the plan – I didn’t panic on minor pullbacks and trusted the setup.
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Defined risk = confidence – Clear stop and target let me stay focused and disciplined.
๐ Final Thoughts
This TSLA trade was a textbook example of why I love trading the 90 EMA on the 5-minute chart. When used with discipline and confirmation, it delivers high-quality setups time and time again.
If you’re trying to become more consistent in your day trading, study these types of setups. Master one or two patterns like this and build from there.
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