Premarket 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: Daily open price -$151.58- breakout
Take profit level: $150.00 (Non-taken)
Second entry: $151.35 breakdown
Plan respected? No.
What did I do different from my premarket plan? This trade wasn't planned this way.
If I did not followed my plan, what could've or should've I done differently? On this trade? I did not took my second trade where I was supposed to take it.
Comments: I felt FOMO, $AAPL didn't move today as I expected, but either way, this trade was not planned and I should've not take it. The worst part was when I took the second entry, without any confirmation on any of my strategies, this hurt the most my account today. Tomorrow will be a better day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-11-04 09:31:53 | AAPL | buy | $4.450 | long |
2021-11-04 09:32:41 | AAPL | buy | $4.520 | long |
2021-11-04 09:33:12 | AAPL | sell | $4.260 | 0 |
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