AAPL Trade on Jan 14, 2022 10:30 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

Premarket plan: $AAPL now has a downtrend, which I think could be a double bottom in the 4H time frame, at the $169.50 key level. I'd take my entry at the $171.50 level with a Put Option, with a stop-loss at the $171.00 key level breakout, and a take-profit at the $169.50 key level.

R:R Ratio: 4:1

Stop-loss: $173.50

Entry level: $171.50

Take profit level: $169.50 (Non-taken)

Second entry: $172.00

Trail-stop: None.

Plan respected? No.

What did I do different from my premarket plan? Not take my stop-loss according to my plan.

If I did not followed my plan, what could've or should've I done differently on this trade?Take my stop-loss.

Comments: Definitively, for me it's easier to trade with Call Options instead of Puts. On top of that, I'm still not very confident on how and where take my stop-loss, since I like to wait for the 1H and 30m time frames to close the candle, and see what happens. But in this first 30 min, it could give a major loss, as it happened today.


Execution detail:

Date/time Symbol Side Price Position
2022-01-14 10:30:16 AAPL21 01 175 PUT buy $4.900 long
2022-01-14 10:30:16 AAPL21 01 175 PUT buy $4.520 long
2022-01-14 11:11:30 AAPL21 01 175 PUT sell $3.300 0


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