Shared by
dominicci13
Premarket plan: After the strong pullback from $AAPL yesterday, after it reached a new ATH, I can see a continuity in this trend, maybe not a strong one, but definitely I thin it could continue the trend. I'd take my entry with a Put option at the $179.50 key level, with a stop-loss with a breakout over $180.00, and a take-profit level at the 24.6% Fibonacci -$178.00- key level.
R:R Ratio: 3:1
Stop-loss: $180.00 (Non-taken)
Entry level: $179.80
Take profit level: PML -$178.77- level.
Second entry: $179.50 breakdown.
Trail-stop: None.
Plan respected? No.
What did I do different from my premarket plan? Took my profits earlier than planned.
If I did not followed my plan, what could've or should've I done differently on this trade? I should've patience to take my exit.
Comments: I need to work on my patience to take my exits, I'm not being disciplined on this side.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-01-05 10:30:35 | AAPL14 01 180 PUT | buy | $3.100 | long |
| 2022-01-05 10:32:07 | AAPL14 01 180 PUT | buy | $3.350 | long |
| 2022-01-05 10:32:55 | AAPL14 01 180 PUT | sell | $3.600 | 0 |
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