AAPL Trade on Dec 9, 2021 10:30 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

Premarket plan: Following all major trends -4H & 1H timeframes-, $AAPL has a uptrend very healthy and marked. At the market open I can see a pullback to the $175.00 key level. On the bullish side I'd wait this drop to the $175.00 key level, that's where I'd take my first entry with a call option, with a stop-loss at the $174.85 breakdown, and a take profit at the $175.50 level. For the bear side, if at the market open I see a rise on the price to the $175.50 level, that's where I'd take my entry with a put option, with a stop-loss at the $175.65 level breakout, and a take profit at the $175.00 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: $175.15

Entry level: $175.00

Take profit level: $174.50 (Non-taken)

Second entry: Non-taken.

Trail-stop: None.

Plan respected? Yes.

What did I do different from my premarket plan? Plan respected.

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

Comments: Even as I did followed my strategy to the rule, I'm not entirely happy with this trade. I definitely wanted to go with a call option, but TradeStation didn't filled my order at the exact point where I wanted to enter, ($174.50), so, I went with the flow and cancelled the order, and waited to the next $0.50 level to take my entry with the put option. Risk was managed properly, but the call option would've been a very profitable trade.


Execution detail:

Date/time Symbol Side Price Position
2021-12-09 10:30:39 AAPL buy $3.440 long
2021-12-09 10:30:57 AAPL sell $3.320 0


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