Premarket plan: I'd wait for $AAPL to have a pullback to the $147.00 level, where it has the 55EMA & 22EMA on the 1H time frame, to take my entry with a Call Option, with a stop-loss at the breakdown of this level, and a take-profit at the $148.50.
Projected R:R Ratio: 1:3
Actual R:R Ratio: 1:3
Stop-loss: $148.00 -200EMA-
Entry level: $148.50
Take profit level: $149.50 (Non-taken)
Second entry: None.
Trail-stop: None.
Plan respected? No.
What did I do different from my premarket plan? I took my entry where I wasn't supposed to take it.
If I did not followed my plan, what could've or should've I done differently on this trade? I should have waited for my entry level as planned.
Comments: I got FOMO and hoped to much, as I stayed on the trade, even when my risk management was telling me to get out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-05-17 09:46:14 | AAPL27 05 155 CALL | buy | $1.140 | long |
2022-05-17 09:48:05 | AAPL27 05 155 CALL | sell | $1.020 | 0 |
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