AMZN Trade on Apr 24, 2023 09:34 from TheFrenchTrader: Tradervue User Stock Trades.

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TheFrenchTrader

 

Initial Risk on the trade 20cts
I took the breakout play on AMZN at 108.2, the set up worked well but i need to improve the execution. I was calm during the trade but as it was straight out of the open i was very alert to any changes in direction. I seen that above 108.6 there was some selling happening and thought the price was going to reverse, so i took all my profit. However the price went to 109.20 so i had a $ to play the set up. I could have kept the last 25% of the position on until the 109. I think i was not clear enough on my reasons2sell and i must be more specific on profit target.
Overall a good trade which can be scaled up.


Execution detail:

Date/time Symbol Side Price Position
2023-04-24 09:34:20 AMZN buy $108.150 long
2023-04-24 09:34:57 AMZN sell $108.560 long
2023-04-24 09:35:16 AMZN sell $108.580 long
2023-04-24 09:35:34 AMZN sell $108.680 long
2023-04-24 09:36:50 AMZN sell $108.570 long
2023-04-24 09:36:50 AMZN sell $108.570 long
2023-04-24 09:36:50 AMZN sell $108.560 0


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