AAPL Trade on Jul 31, 2019 09:39 from kerobo0000: Tradervue User Stock Trades.

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kerobo0000

 

Rationale:
-Gapping up ~3.5% on positive earnings news; gapped just above daily resistance level

How much risk should/did I take? 1,380; appropriate, <9% of NLV

Recap:
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How could I have traded this better?
-do not remove trail stop; better to leave it on as I figure out strategy to minimize risk and preserve capital
-explore open to high (gap ups) and open to low (gap downs) for similar-sized gaps to calculate the estimated size of the initial move
-will help figure out if i'll be able to catch the primary move/initiative activity or the secondary move/responsive activity (ie, whether there is enough upside/downside left to join the initial move)

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Gain/loss relative to expected gain/loss:
-gain not as large as expected
-took off 1 lot at 20% ROC, reason to sell was big up move on elevated volume
-held the last lot way too long; removed trail stop and then held past break even thinking price would bounce


Execution detail:

Date/time Symbol Side Price Position
2019-07-31 09:39:09 AUG02 19 217.5 CALL buy $3.450 long
2019-07-31 09:41:49 AUG02 19 217.5 CALL sell $4.170 long
2019-07-31 09:42:44 AUG02 19 217.5 CALL sell $4.700 long
2019-07-31 09:43:03 AUG02 19 217.5 CALL sell $4.720 long
2019-07-31 10:02:16 AUG02 19 217.5 CALL sell $2.820 0


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