AAPL Trade on Nov 4, 2021 09:30 from dominicci13: Tradervue User Stock Trades.

Gravatar

Shared by
dominicci13

 

Premarket plan: Following the major trend -4H timeframe-, I can see a minor pullback to the $151.50 key level, and then a breakout above $152.00. On the bullish side, if the price open above the $151.50 key level, I'd wait a pullback to the same key level, that's where I'd take my first entry with a call option, with a stop-loss at the $151.35 breakdown, and a take profit at the $152.00 level. On the same side, if the price open at or below the $151.50 key level, I'd wait a minor pullback to the $151.00 level to take my entry, with a stop-loss at the $150.85 breakdown, and a take profit at the $151.50 key level. For the bearish side, if at the market open I see a rally on the price to the $152.00 level, that's where I'd take my entry with a put option, with a stop-loss at the $152.15 level breakout, and a take profit at the $151.50 key level. On both sides I have a 3.3:1 risk:reward ratio. If the market moves on my direction I'd take my second entry at the daily open price breakdown/breakout.

Second trade plan: 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: $151.50

Stop-loss: $151.40

Take profit level: $152.00 (Non-taken)

Second entry: Non-taken.

Plan respected? No.

What did I do different from my premarket plan? I didn't wait for my stop-loss level and took my exit earlier.

If I did not followed my plan, what could've or should've I done differently? On this trade? Even when I didn't wait for my stop-loss level, I wouldn't done this differently.

Comments: No comments.


Execution detail:

Date/time Symbol Side Price Position
2021-11-04 09:30:31 AAPL buy $2.600 long
2021-11-04 09:31:03 AAPL sell $2.510 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