Good setup
First entry was a bit of a momentum entry and so would have been ideal to scalp at least a portion of that trade to give myself a profit buffer and give me some more wiggle room to add back in at a better price on a pullback... but I didn't get filled on my exit limit order and so just decided to wait for a pullback to add.
And I got the pullback (almost to my SL area) but was patient not to add too early. So I added on the way back down... and then waited some more. and finally one one more pullback up to 23.90 offers held... and that's when I actually could have added a bit more on the way back down... but I was up to full size so then just waited for my target which was LOD.
ONE GOOD TRADE
How can I trade it better? Exit half at my initial target and re-evaluate if bids are stepping in or if offers are still in control... if sellers are still stepping down/or not backing off.. then give it some time and look for the next potential exit level.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-03-04 10:08:13 | AMD | sell | $23.830 | short |
2019-03-04 10:22:13 | AMD | sell | $23.902 | short |
2019-03-04 10:28:05 | AMD | buy | $23.880 | short |
2019-03-04 10:28:44 | AMD | sell | $23.860 | short |
2019-03-04 10:59:46 | AMD | buy | $23.680 | 0 |
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