Premarket plan: As my first trade didn'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: $165.40
Entry level: $165.20
Take profit level: $164.50 (Non-taken)
Second entry: Non-taken.
Trail-stop: None.
Plan respected? No.
What did I do different from my premarket plan? I didn't wait the price to get to the level where I'm supposed to take my entry according to my plan.
If I did not followed my plan, what could've or should've I done differently on this trade? I should've waited for my entry, I got desperate with FOMO.
Comments: If I waited and had the patience to get into my trade, I wouldn't loose that much.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-12-06 10:30:43 | AAPL | buy | $3.790 | long |
2021-12-06 10:31:15 | AAPL | sell | $3.550 | 0 |
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