AAPL Trade on Oct 21, 2021 09:30 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

Premarket plan: Following the major trend -4H timeframe-, I see some consolidation on the price. On the bullish side, if I see the price opening between $149.00 and $148.50 levels, those same levels will be my entries on any of both sides, with a stop-loss of $0.15 cents above/below every price, and a take profit at the next $0.50 cents level. On both sides I have a 3.3:1 risk:reward ratio. I'm more bearish today, but this can change as the market develops. If the market moves on my direction I'd take my second entry at the daily open price breakdown/breakout.

If my first trade doesn't workout and I get out with my stop-loss. I'd take a second entry at the next level of $0.50, placing my stop-loss $0.15 cents below the level of my entry.

Entry level: $149.00

Stop-loss: $149.20 breakout

Take profit level: $148.50 (Non-taken)

Second entry: Non-taken.

Plan respected? No.

What did I do different from my premarket plan? I got stopped out too late.

If I did not followed my plan, what could've or should've I done differently? On this trade? I should've respected my stop-loss, the loss would've been less.

Comments: Good entry, just as expected, but as soon as I saw the market moving against me, I should've got out of the trade. My exit wasn't that bad, but could've been better.


Execution detail:

Date/time Symbol Side Price Position
2021-10-21 09:30:09 AAPL buy $3.110 long
2021-10-21 09:30:27 AAPL sell $2.950 0


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