AMD Trade on May 19, 2021 09:30 from AKhali4: Tradervue User Stock Trades.

First day back from an extended break. I had a buy order which was GTC for AMD 78C weekly expiration. I got filled at .40 and kept light size due to increased volatility. First candle opened bullish and was a high wave candle. This meant there was confusion in the market, and if often the first candle of a reversal. We saw a bearish Pre market for AMD, hence the possibility of the reversal to fill the gap which was formed at open. At this point it was reading tape and looking at the studies and volume. One thing I did really well was check myself when I panicked on the dip. i reminded myself that I am still in the green and panic selling wouldn't help, I also saw how fluid the tape was today which also aided in my decision to hold during the dips. Mental fortitude comes into play here and this is something I am working on on a daily basis. I sold at 12% profit on the day and roughly 45% on the cons. I decided to take profit because I didn't want to get greedy and start gambling. One thing I could have done would be to maybe buy an extra con and hold it for speculation. Definitely need to develop more patience. The 5 minute time frame was a time frame I found myself comfortable analyzing. Confirmation was key and I utilized it. Entry was subpar, exit was the same, but I am not beating myself up over it, as I just need to focus on the technical at the moment. Definitely my most fundamentally sound session.