Shared by
walden
Saw AMD moved up to 103. Thought this was a change of character. As there was a period of consolidation at VWAP around 102.5. It moved right back down to VWAP. It broke down and I stopped out. Again stopped out close to low of the day. Bad trade.
What I did Wrong: After I entered the trade, the share price turns against me. I tried to save the position by adding more. Bad idea.
Where I could improve: Fake breakout should close immediately.
Trade grade: Fail
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-08-05 11:09:44 | AMD | buy | $103.050 | long |
| 2022-08-05 11:10:37 | AMD | buy | $102.870 | long |
| 2022-08-05 11:11:43 | AMD | buy | $102.709 | long |
| 2022-08-05 11:12:15 | AMD | buy | $102.520 | long |
| 2022-08-05 11:13:57 | AMD | sell | $102.633 | long |
| 2022-08-05 11:15:39 | AMD | sell | $102.743 | long |
| 2022-08-05 11:17:52 | AMD | buy | $102.500 | long |
| 2022-08-05 11:20:23 | AMD | buy | $102.470 | long |
| 2022-08-05 11:21:37 | AMD | sell | $102.060 | long |
| 2022-08-05 11:23:56 | AMD | sell | $102.081 | long |
| 2022-08-05 11:24:30 | AMD | sell | $102.000 | 0 |
| 2022-08-05 11:48:32 | AMD | buy | $101.759 | long |
| 2022-08-05 11:51:42 | AMD | sell | $102.005 | long |
| 2022-08-05 11:53:03 | AMD | sell | $101.992 | 0 |
| 2022-08-05 12:04:05 | AMD | buy | $102.505 | long |
| 2022-08-05 12:07:44 | AMD | sell | $102.465 | 0 |
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