AMD Trade on Nov 8, 2023 09:48 from Dandres: Tradervue User Stock Trades.

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Dandres

 

One of those stocks that you watch

Open
- After the previous trade rejected, the levels forming were a HOD rejection and consolidation break. First entry was called for but the timing could have been much better than this.
Reflection
- 3 indicators? Yes, called for however the better trade would have been waiting for the last minute on the 5 minute candle to close considering it was already near to closing around that level. This would have allowed me to have tested the water with only 1 entry instead of two entries in the same 5 minute candle. This was a bigger loss than necessary.
- Scaling? First entry should have been where the second entry was.
- Partials? No, rejected.
- Risk management? Scaling was not technical and not inline with our trading rules.
- What went right/wrong? I mistook not having fear with getting in quick, it is not the same. I get in when the levels are ready and fully accept the outcome no matter what This is what it means to not have fear. Getting in quickly does not mean I have no fear, it means im being emotional.
- Acceptance? I accept full responsibility for this trade, its not the market out to get me, its a lack of my rule following and risk management rules here.


Execution detail:

Date/time Symbol Side Price Position
2023-11-08 09:48:28 AMD sell $114.620 short
2023-11-08 09:49:46 AMD sell $114.480 short
2023-11-08 09:51:22 AMD buy $114.990 0


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