AMD Trade on Aug 28, 2018 11:42 from boldandnuts: Tradervue User Stock Trades.

Gravatar

Shared by
boldandnuts

 

I was waiting for this all day. 24 was the high from two days ago as well as a Gap Fill. The first attempt when 24.12 held the bid failed. I exited perfectly.

Then we broke 24.12 and spiked down and entered with small size to add in case we would spike below 24.

It was just a spike down to 24ish. Perfect trade. I sold the first part a little too soon, but sold the 2nd part perfectly!

The 24.12 Level was a perfect hold on the bid. I should have used it to build a position. With a tight stop at 24.09. Add 24.12ish, sell half on spike or the run up. Always adding bad 24.12ish as long as we come to test it.

Buy 1Tier, sell half, add 1 tier, sell half. increasing the overall size of the base position and taking profit on the "momentum position".

buy 100, sell 50, buy 100, sell 75, buy 100, sell 87, buy 100, sell 95, buy 100 etc.. eventually for the bigger run up (most likely as the level holding was so significant) or to get stopped out with a 3-5ct stop.


Execution detail:

Date/time Symbol Side Price Position
2018-08-28 11:42:00 AMD buy $24.170 long
2018-08-28 11:43:00 AMD sell $24.180 0
2018-08-28 11:44:00 AMD buy $24.070 long
2018-08-28 11:45:00 AMD sell $24.190 long
2018-08-28 11:48:00 AMD sell $24.340 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in