AMD Trade on Jul 27, 2020 11:02 from cavaliercapital: Tradervue User Stock Trades.

When the MAE is 13% of the MFE i think that speaks volumes.

Relatively small PNL here which shows that although entries were pretty solid, risking off r/g, size of exits need improvement. Happy with 4/5 etnries, hitting the pops, just entry number 3 around $68.59 shows lack of patience. shorting pops covering flushes worked really well, confirmation came from the red candles at 11:06 & 11:14, lots of volume, and 30 cent moves to the downside.

To Improve - sizing once again needs improvement. tight risk against 69.40's and 68.80s should have been an area to cover so position size needed to reflect that.
On reflection, this was a trend fighter and wasnt' A+ setup. AMD is super strong stock, lots of eyes watching this as everyday seems to make a new ATH. this was a scalp trade that got lucky. Bigger picture idea would be to wait for a red day and inside day failure or something similar, confirming red bias. Trying to pick the top isnt something i should be doing. G/r move intraday helped but stepping in front of this for a short isn't a great setup.