AAPL Trade on May 20, 2022 09:35 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

Premarket plan: Today I'd take what the market gives me. If $AAPL rallies to the $140.00 level, I'd take the bear side with a Put Option at this level, with a stop-loss at the breakout of this level, and a take-profit at the $138.50. For the bull side, if $AAPL drops to the $138.00 level, I'd take my entry with a Call Option at this level, with a stop-loss at the breakdown of this level, and a take-profit at the $139.50.

Projected R:R Ratio: 1:3

Actual R:R Ratio: 1:2

Stop-loss: $138.00 (Non-taken)

Entry level: $138.50

Take profit level: $139.50

Second entry: None.

Trail-stop: 200EMA (Non-taken)

Plan respected? No.

What did I do different from my premarket plan? I took my entry earlier, and took my exit earlier.

If I did not followed my plan, what could've or should've I done differently on this trade? I should've waited for my entry as planned, and my exit as planned as well.

Comments: I increased my risk, and lowered my profit, as I didn't wait for my entry to come to me, and didn't wait my exit point as planned. However, the trade developed well.


Execution detail:

Date/time Symbol Side Price Position
2022-05-20 09:35:27 AAPL27 05 141 CALL buy $2.040 long
2022-05-20 09:42:25 AAPL27 05 141 CALL sell $2.460 0


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