Tried to trade reversal on AMD, it was among the stronger stock on Thursday, but Friday it was the weakest and a lot of fake breakout. Small loss as I got a tight stop.
Where I could improve: I think reversal strategy hard to work on the weakest big tech stock on a big down day. A lot of fake breakout. Choose to wrong stock to apply my strategy.
Trade grade: E
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-08-19 09:58:31 | AMD | buy | $97.650 | long |
2022-08-19 09:59:37 | AMD | sell | $97.400 | 0 |
2022-08-19 10:08:06 | AMD | buy | $97.450 | long |
2022-08-19 10:09:32 | AMD | sell | $97.250 | 0 |
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