AAPL Trade on Nov 24, 2021 10:30 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

Premarket plan: Following the major trend -4H timeframe-, I can see a a rally at the market open to the $161.00 key level, and then a breakdown below $160.50. On the bear side I'd wait this rally to the $161.00 level, that's where I'd take my first entry with a put option, with a stop-loss at the $161.15 breakout, and a take profit at the $160.50 level. For the bull side, if at the market open I see a pullback on the price to the $160.00 key level, that's where I'd take my entry with a call option, with a stop-loss at the $159.85 level breakdown, and a take profit at the $160.50 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.

Stop-loss: $161.20

Entry level: $161.00

Trail-stop: None.

Take profit level: $160.50 (Non-taken)

Second entry: Non-taken.

Plan respected? Yes.

What did I do different from my premarket plan? Nothing.

If I did not followed my plan, what could've or should've I done differently on this trade? Nothing.

Comments: Due some mistakes testing TradeStation, I tried to get out of the trade when I was proved wrong, but I couldn't respect my stop-loss. Tomorrow definitely will be better.


Execution detail:

Date/time Symbol Side Price Position
2021-11-24 10:30:17 AAPL buy $5.650 long
2021-11-24 10:30:24 AAPL sell $5.340 0


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