AMD Trade on Apr 7, 2020 09:49 from ffeentrepreneur_smbeqtryout: Tradervue User Stock Trades.

What was the market doing?
AMD had a strong sell off after the Gap into Resistance play.

What was i doing as a trader?

I tried joining AMD short as we took out the short term 48.4 low but strong buyers came in at 48.30 so i immediately covered when it reversed back towards my entry.

My target was the 47.8 lows with a stop above the 48.5 pullback highs.

How can I improve for trend joins in the future?

Notice the time of execution here is 9:49 am. 9:45 am to 10 am+ are normally when you have success with trend joins. I like the attempt and aggressiveness here. It was well worth the risk with the range we had. .10 risk for .60+ reward if it worked.

One rule you can implement is only play 1/4 to 1/2 size when scaling the trade is allowed before 10 am trend join plays. This will protect you against any crazy whipsaw action coming into 10am+.

Another rule is before 10am+ be in scalp mode. in and out, no over staying. You did a great job taking off the trade when the market told you it's time to cover.