AMD Trade on Apr 7, 2020 09:34 from TheDumo27: Tradervue User Stock Trades.

/ES had made a strong push up premarket but looked weak at open rejecting near premarket high and trending lower. I was watching AMD for a break of 49 as $TICK and /ES trended lower. Buyers looked weak on the tape around 49 so i got in looking to ride the break down towards $48 if everything continued to trend lower. It tested my stop near $49.25 then pushed back through 49 with little resistance. I locked profit early around $48.30 since i was up 30% and didnt want to give it back. I had no signs from /ES or $TICK to justify the down move was over but i was happy with the gains and the quick scalp. With where im at trading locking the gains is more important then catching the bigger move. I dont need homeruns right now. 4 base hits will do just fine and get me more at bats. Cant afford to strike out anymore.

Entry: C
Although this trade worked out well and my timing was decent i was not as patient as i could have been for a better setup. It could have easily broke below $49 and pushed back higher with how strong /ES was coming into the market. There are better setups throughout the day i need to wait for.

Exit: B+
Im happy with the exit and the locked 30% gain but i could have held for just a bit longer when /ES and $TICK showed a shift in momentum

Emotions: B
I was not patient enough as this was not a high probability play but i did wait for confirmation on the tape and the other indicators to prove the direction. I was ready to exit when it tested my stop and did a good job locking profits and not getting greedy.