AMD Trade on Nov 17, 2023 10:21 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

Open
- AMD had broken up and retracted the entire HOD break. Took first entry on the break back into the range. Kept giving downside indicators so I held the position, it came down all the way to the bottom of the range that can been seen on the 5 minute chart. Took an additional entry on the new 5 minute candle opening and breaking down even further. The price action held and moved sideways, it gave retracting moves and came up to the VWAP. I was all out break even. Recognized the market was chopping up again, at that point i really cant know whats going to happen even if I see my indicators.
Reflection
- 3 indicators? yes, first entry called for.
- Scaling? Second entry at the low of the range for a break down to LOD possibly. Price action was just chopping out. However, now that I notice that additional entry was pretty extended. One of my rules is to not trade out ranges that are too large.
- Partials? No.
- Risk management? Out at break even, snapped out of it trading the choppiness.
- What went right/wrong? Trade idea was valid on the break back into the range after retracting the whole break up.
- Successful trade? Traded the technicals, emotions in check. The error was trading the very large range here. Luckily, broke even,