December 13 - $AMD
What a crazy morning with all of the trade news. I had a great setup on AMD to the short side, but was real cautious due to the pending trade news. I held through the pullback and I was ready to hold it when it started to move in my direction again; however, as it was reaching the top of the hour the momentum died off, so I exited as I did not want to get caught in a squeeze. Eventually after the news release and the market calmed down I got the move I was looking for.
My second trade was on AMD to the long side, as it was testing a price level and the news was about to come out. I entered right before the news broke. Unfortunately, because I was on WIFI and the volume in the market was extreme, my platform began to lag. The charts were not useful to me, so I had to go off of the Level data that was coming in without any disturbance. I meant to take a partial at the initial pop, but instead added to my position throwing off my ratios. Once I realized it, I quickly covered readjusted and entered a range order for the last little bit and got filled right away because my platform was lagging. Overall I was happy with the trade and how I managed the mistakes. Looking forward to next week.
Sample Set Results,
G S S G S G S [P(S)] P S P G 13 14 15 16 17 18 19 20