AAPL Trade on Oct 20, 2015 09:50 from Holden: Tradervue User Stock Trades.

Morning- Failed Attempt lower, rejected below S, hold above and change character- AAPL - Break out play
Research and information collection (what I was seeing and where I sourced the idea):
Identified via chart work as a possible name extended to the downside as action was extended from vwap on a 60 min chart
Creativity and the generation of trading idea (my thought process for what could develop):
Was a little thrown off by the strong move lower in the pre-market with news of vz expecting lower iphone sales in q4
However, despite that potential negative catalyst, AAPL never took out the pre-market low so there was no play to the downside.
Price action was my guide today as action failed to take out pre-market lows, held and then cleared vwap with BP strength so I developed the idea that if price action could not take out lows there may be a fade to the upside.
Entry execution and position management (Why did I take the play, why did I size as I did and what was my plan?):
entry was on the consolidation above vwap and failure for the action to break lower (consolidation at highs) looking for a move up to fill gap and potential extend higher as this name has been showing bullish price action with tight 3 day consolidation.
When the action showed larger than expected volume and better than expected momentum I began to look for more in the play on the second piece of the move because there were enough things telling me this name could extend.
Risk management and exit execution (My plan for the play and my reasons2sell):
Risk management- How do I control my risk in this situation effectively. - RECOGNIZE action breaking out and MORE was there.
First part take exit DTA after managing risk against the swing low and controlling risk effectively through entry.
Exit Execution - First ½ was taken off at DTA according to plan
Second piece was trailed up initially but I found a reason2sell with the action driving into 113 and showing a possible hint of resistance but what did happen was action consolidated before breaking much higher.
Self Management (Specifically self talk and did I support myself in a way that allowed me to execute to plan):
Allowed myself to get too convinced this was a responsive play and responsive session and found reasons2sell instead of allowing the action to break out as it eventually did. I was managing myself and managing my profit not effectively managing the trade based on the price action I was seeing.
Next steps:
Dont let my assumptions of the larger theme in this name have too much importance when the price action is giving me as much information as it is including showing me that there is much more upside that could come in this name. - I pushed too much in this name through the middle of the session when I did not have real edge. This may have been a product of me feeling like I should have taken much more out of the trade and a good indication that I should have gotten up or cleared my head instead of fighting to look for more in the name because I took my final piece off too early.