AAPL Trade on Aug 1, 2022 10:02 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

Premarket plan: $AAPL still shows a strong and healthy bull trend on major time frames. Today I would wait for a pullback to the $159.50 key level to take my entry with a Call Option, with a stop-loss at the $159.00 level -22EMA- breakdown on the 4H time frame, and I'll trigger my take-profit at the $161.50 level. If $AAPL does not reach my entry level at the first 15 minutes candle, I'll take my entry in a pullback to the 22EMA on the 1min time frame, with a stop-loss at a level below ($161.00), and a take-profit two levels above ($162.50).

Projected R:R Ratio: 1:3

Actual R:R Ratio: 1:1.75

Stop-loss: $162.00 -200EMA on 1min time frame- (Non-taken)

Entry level: $162.75 -22EMA on 1min time frame-

Take profit level: $164.00 (Non-taken)

Second entry: None.

Trail-stop: $162.30

Plan respected? Yes.

What did I do different from my premarket plan? I got out later than expected.

If I did not followed my plan, what could've or should've I done differently on this trade? I should have been aware of the market.

Comments: I did not took my exit on time, as I was not being aware of the screen at the moment. However, I also notices that, even when I closed the trade above my entry point, my trade wasn't profitable. The Call option that I used wasn't the best for this purpose (day trading). I have to keep testing, in order to find the best option contract with the lower risk.


Execution detail:

Date/time Symbol Side Price Position
2022-08-01 10:02:01 AAPL12 08 170 CALL buy $0.6100 long
2022-08-01 12:40:03 AAPL12 08 170 CALL sell $0.4800 0


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