AAPL Trade on Jan 28, 2022 10:33 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

Premarket plan: $AAPL after earnings made a rally and broke out the the strong resistance
that had at the $164.00 key level, and in premarket made a retest of this same level. I'd wait for a pullback to the $163.00 level to make my entry with a Call Option, with a stop-loss at the $162.50 key level, and a take profit at the -61.8% Fibonacci level -$166.54-.

Projected R:R Ratio: 7:1

Actual R:R Ratio: -

Stop-loss: $162.50 (Non-taken)

Entry level: $164.00

Take profit level: $165.00

Second entry: None.

Trail-stop: None.

Plan respected? No.

What did I do different from my premarket plan? Took my entry earlier than expected.

If I did not followed my plan, what could've or should've I done differently on this trade? Wait a few minutes longer to take my entry just at the point where I planned to.

Comments: My R:R Ratio on this trade was negative, this by how far it was my stop-loss from my entry point, and how fast I took my exit at the next level. If just I had the patience to take my entry just where I planned to, my risk:reward ratio would be perfect, and I could've buy at the lowest price of the day. Working on my patience, this is key.


Execution detail:

Date/time Symbol Side Price Position
2022-01-28 10:33:47 AAPL04 02 160 CALL buy $6.600 long
2022-01-28 10:57:56 AAPL04 02 160 CALL sell $7.200 0


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