AMD Trade on May 11, 2023 09:44 from Dandres: Tradervue User Stock Trades.

Open
- Trade 1: VWAP (Loss)
- Trade 2: VWAP (Loss). After the false break on the previous trade, I was watching the candles more closely, this time it was respecting the VWAP to the downside. I entered around .50-.60 risk with big aim to the downside. Definite candle confirmation on both candles BUT at a certain point the candles started trending to the upside and I stopped myself out early, it clearly showed 3-4 consecutive bull candles against me and so I stopped out 15 cents earlier than my stop loss.
You can always take less risk
Reflection
- The entries and reason to get in were sound. Maybe I could have done a better job looking at the volume at which these downward candles were forming. They weren't BIG volume so that could have been a sign to not enter as much.
- Simultaneous candle confirmation for the trade so it was not an unreasonable trade.
- Good at actively managing risk. You saved yourself a from what could have been a bigger loss.