Trade Recap For Tuesday 9/26/23

Trade: $AMD 100c

• Reasoning: relative strength

• Entry on the contract: .75

• Exit on the contract: .59

• Profit in percent: 22%

Today, AMD was able to show significant relative strength after it bounced off of 95.65 support. I was looking to go long when $AMD broke over HOD due to the strength it was showing. Shortly after I entered, it ended up hitting my stop, and then following my stop it ran towards 98 paying 30% at the highs. Definitely, a tough one as it’s always frustrating seeing a name breakout following your stop out. And I could’ve re entered the trade, but being in a state of frustration I didn’t enter another trade because there was an emotion attached.