AAPL Trade on Dec 6, 2021 10:30 from dominicci13: Tradervue User Stock Trades.

Gravatar

Shared by
dominicci13

 

Premarket plan: Following all major trends -4H & 1H timeframes-, and after a big rise in $AAPL, left a gap of almost $2.00. $AAPL filled this gap in premarket and then rise up again. If the price open above the $164.00 key level, I can see a little drop to this same level at the market open, and then a breakout above $164.50. If the price open below the same level of $164.00, I can see a rally to this same level at the market open, and then a drop to the gap level. On the bullish side I'd wait this drop to the $164.00 key level, that's where I'd take my first entry with a call option, with a stop-loss at the $163.85 breakdown, and a take profit at the $164.50 level. For the bear side, if at the market open I see a rise on the price to the $164.00 key level, that's where I'd take my entry with a put option, with a stop-loss at the $164.15 level breakout, and a take profit at the $163.50 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: $165.15

Entry level: $165.00

Take profit level: $164.50 (Non-taken)

Second entry: Non-taken.

Trail-stop: None.

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: I tried to cancel after that I saw that the price was going higher, but it was too late. I behaved and stayed calm, but either way, I was hoping to the market to go towards my side.


Execution detail:

Date/time Symbol Side Price Position
2021-12-06 10:30:11 AAPL buy $3.980 long
2021-12-06 10:30:36 AAPL sell $3.690 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