AAPL Trade on Dec 21, 2021 10:30 from dominicci13: Tradervue User Stock Trades.

Gravatar

Shared by
dominicci13

 

Premarket plan: Following all major trends -4H, 1H & 30m timeframes-, I can see a drop on the price today to the $171.00 key level. At the market open I can see a drop on the price to the same $171.00 key level and then a breakout over the $172.00 4H key level. On the bullish side I'd wait a drop to the $171.00 key level, that's where I'd take my first entry with a call option, with a stop-loss at the $170.85 breakdown, and a take profit at the $173.00. For the bear side, if at the market open I see a rise on the price to the $172.50 level, where I can see a strong resistance in the 4H timeframe, that's where I'd take my entry with a put option, with a stop-loss at $172.65 breakout, and a take profit at the $171.00 level. On the bull side I have a 13:1 risk:reward ratio, and for the bear side I have a 10:1. 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: $171.00

Entry level: $171.15

Take profit level: $173.00 (Non-taken)

Second entry: None.

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: Plan and strategy respected. I was very confident on my analysis about the trend of $AAPL today, but my risk have to be managed at all costs. And more after a pretty important lost on my last trade.


Execution detail:

Date/time Symbol Side Price Position
2021-12-21 10:30:43 AAPL31 12 170 CALL buy $4.900 long
2021-12-21 10:35:19 AAPL31 12 170 CALL sell $4.760 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