AAPL Trade on May 16, 2022 09:41 from dominicci13: Tradervue User Stock Trades.

Premarket plan: $AAPL seems to have a strong resistance at the 55EMA on the 1H time frame, and its downtrend seems to be strong enough to continue on this direction. Also, $AAPL made a gap down on pre-market session of about $0.50 cents, which ended up being filled on the same pre-market session, which usually means it will continue on the gap direction. I'd wait for a rise on the open to the $147.50 level to take my entry with a Put Option, with a stop-loss at this same level breakout, and a take-profit at the $146.00 level.

Projected R:R Ratio: 1:3

Actual R:R Ratio: 1:3

Stop-loss: $146.00

Entry level: $145.50 -Open price-

Take profit level: $144.00 (Non-taken)

Second entry: None.

Trail-stop: None.

Plan respected? Yes.

What did I do different from my premarket plan? Took my entry at another level.

If I did not followed my plan, what could've or should've I done differently on this trade? Nothing.

Comments: I took my entry at the open price level, as I saw a strong resistance at it seemed obvious, as also the 22EMA was placed above this level which I could use as a stop-loss. However, even when I tried to get out of the trade at the breakout of the 22EMA, I couldn't as TradeStation didn't fill my limit order twice, and I had to take my exit at a much higher level.