AMD Trade on Dec 7, 2023 09:33 from Dandres: Tradervue User Stock Trades.

One of those stocks that you watch

Open
- Watching AMD at the open, took a first entry on it after it gave a downside move that reversed. Took the first entry on the break of the opening higher of 121.5. The price action closed, I wanted to be cautious about taking another entry quickly so I wanted to wait for the level to hold the break, it held and i took another entry on the higher candle break on the 1 minute chart, I realized at that point the move might be at the extent of its rally so I took partial towards the high of the move and the rest on consolidation around the 123 and the break down of the bottom of the consolidation range.
Reflection
- 3 indicators? Yes, first entry called for.
- Scaling? Yes, second entry called for and on confirmation. I was aware of the extended entry of my second entry so I was sure to take partial when I saw it was right.
- Partials? At the high of the move, consolidation and reversal indicators.
- Risk management? Proper scaling and proper partials.
- What went right/wrong? Good trade execution and trade management.
- Successful trade? Yes, traded the technical and emotions in check.