AAPL Trade on Aug 11, 2022 13:06 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 
                                           PRE-TRADE

Premarket plan: After a breakout on pre-market on the $169.50 key level, I'd wait for a pullback to this same level to take my entry with a Call Option, with a stop-loss at the
-61.8% Fibonacci level ($166.50) breakdown, and a take-profit at the $175.50 level. I would take another entry on a pullback to the 22EMA on the 4H time frame.

Projected R:R Ratio: 1:2

Stop-loss: $166.50

Entry level: $169.50

Take profit level: $175.50

Second entry: 22EMA on 4H time frame

Trail-stop: 22EMA on 4H time frame

                                           AFTER TRADE

Actual R:R Ratio: 3:2

Stop-loss: $166.50 (Non-taken)

Entry level: $169.50

Take profit level: $171.35

Second entry: None.

Trail-stop: None.

Plan respected? No.

What did I do different from my premarket plan? I did not wait for my exit plan.

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 exit plan.

Comments: As my option contract was with a very close due date (next week), I decided to close this trade to avoid any drawdown if the stock dropped down on Monday.


Execution detail:

Date/time Symbol Side Price Position
2022-08-11 13:06:16 AAPL19 08 175 CALL buy $0.3700 long
2022-08-12 14:06:22 AAPL19 08 175 CALL sell $0.5800 0


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