AMD Trade on Aug 7, 2023 10:13 from Dandres: Tradervue User Stock Trades.

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Dandres

 

Trade 1: VWAP (Win)
Trade 2: RS (Loss) The candle after curling back up came back down to the 116.5 level, it looked like a possible break of the resistance level of a RS trade, the price action did NOT break immediately which is usually the characteristic of a trade with real resolve to a direction. I got out on that hesitation of the break. Im sure others that saw that resistance would be hesitant to short.

Reflection
- 3 indicators present.
- Nice risk management and following your rules for RS breaks (they need to break right away), a bounce of a level is not a trade with resolve.


Execution detail:

Date/time Symbol Side Price Position
2023-08-07 10:13:02 AMD sell $116.530 short
2023-08-07 10:13:31 AMD buy $116.700 0


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