AAPL Trade on Dec 16, 2021 10:30 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

Premarket plan: Following all major trends -4H, 1H & 30m timeframes-, I can see a choppy day today between $179.50 and $181.00 levels. At the market open I can see a pullback to the $179.00 level and then a breakout over the $179.50 key level. On the bullish side I'd wait this drop to the $179.00 level, that's where I'd take my first entry with a call option, with a stop-loss at the $178.85 breakdown, and a take profit at the $180.00. For the bear side, if at the market open I see a rise on the price to the $180.00 level, that's where I'd take my entry with a put option, with a stop-loss at $180.15 breakout, and a take profit at the $179.50 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: $179.65 (Non-taken)

Entry level: $179.50

Take profit level: $178.50

Second entry: $179.00 breakdown.

Trail-stop: $179.00

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 was very very lucky this time, the internet connection was lost after the market opened, due to high volatility, and I was unable to get out of the trade at the time I wanted, I had to wait for the internet to come back, and when it came back, I was losing almos -20% of the position, I was unable to take my stop-loss nor my take profit. So I thought that I could wait and make a day trade instead of a scalping. And so I did, it worked, but this should not be happening.


Execution detail:

Date/time Symbol Side Price Position
2021-12-16 10:30:09 AAPL buy $3.900 long
2021-12-16 10:30:28 AAPL buy $4.210 long
2021-12-16 10:40:43 AAPL sell $4.480 0


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