Premarket plan: As my first trade didsn'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: $$171.35
Entry level: $171.50
Take profit level: $172.00
Second entry: Non-taken.
Trail-stop: None.
Plan respected? No.
What did I do different from my premarket plan? I took my entry based on a hunch, I thought I took my first stop-loss too early, so I entered my second trade at the same level, again.
If I did not followed my plan, what could've or should've I done differently on this trade? I don´t regret it, and wouldn't change it.
Comments: I don´t see this trade as a bad trade. Risk was managed properly.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-12-08 10:31:11 | AAPL | buy | $4.100 | long |
2021-12-08 10:31:21 | AAPL | sell | $3.900 | 0 |
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