AAPL Trade on Feb 2, 2021 10:15 from Juston410: Tradervue User Stock Trades.

Gravatar

Shared by
Juston410

 

**TRADE #2: AAPL :green_circle: **

Thesis:
Good trade with a few tweaks needed. Testing out Extended Hour zones as i have been seeing them work well recently. I entered too early as it looked liked an engulfing candle at the time. If i entered at the correct time it would of saved me about .20 cents in pain(drawdown) as well as a much better Premium. Even though the trade almost hit my projected target the Theta would of destroyed my premium and was only .10 cents better than the low i exited on. Overall a decent trade and i am very happy with my exit because sitting threw all of that chop would of SUCKED!

Where/why did I ENTER:
(1) Was making lower high
(2) Looked like a strong Engulfing Candle at the time of entry
(3) Rejecting 1 Hr EXT Timeframe (It was also a 5 Min Supply)

How was I feeling DURING the trade (emotions):
Other than the early entry was extremely calm the entire time. Watched the chart and when i felt it wouldnt break any further i exited. Very pleased.

Where/why did I EXIT:
(1) Holding 21,50,200 EMA's extremely well
(2) Was putting in Buying Wicks
(3) Was overall having a problem breaking down from that area
(4) Once it broke the high of previous candle i exited

What can i do to improve:
(1) Need to continue to work on my entry timing and PATIENCE.
(2) Need to wait on that extra conformation. In this case was the actual engulfing candle.

Rate this trade 1-10:
7- My entry wasnt very good but my understanding and management of the stock was very good IMO.

image


Execution detail:

Date/time Symbol Side Price Position
2021-02-02 10:15:55 5 FEB 21 134 PUT buy $1.340 long
2021-02-02 10:47:36 5 FEB 21 134 PUT sell $1.420 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in