AAPL Trade on Aug 16, 2022 10:05 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 
                                           PRE-TRADE

Premarket plan: I'd wait for a pullback to the $170.00 key level to take my entry with a Call Option, with a stop-loss at the $169.00 level breakdown, and a take-profit at the $180.00 level.

Projected R:R Ratio: 1:10

Stop-loss: $169.00

Entry level: $170.00

Take profit level: $180.00

Second entry: $172.00

Trail-stop: 22EMA 4H time frame

                                           AFTER TRADE

Actual R:R Ratio: 1:8

Stop-loss: $171.00

Entry level: $172.00

Take profit level: $180.00 (Non-taken)

Second entry: None.

Trail-stop: 22EMA 4H time frame ($173.00)

Plan respected? Yes.

What did I do different from my premarket plan? Took my entry above my planned entry level, as it never reached it.

If I did not followed my plan, what could've or should've I done differently on this trade? I should have taken my profits earlier.

Comments: I think my risk:reward was too aggressive, as I was expecting a 1:10 return. However, I could easily have taken a x3 on the option contract. For next occasion, I will place a trade with a lower risk:reward ratio expectancy.


Execution detail:

Date/time Symbol Side Price Position
2022-08-16 10:05:29 AAPL26 08 180 CALL buy $0.3300 long
2022-08-19 09:52:59 AAPL26 08 180 CALL sell $0.3100 0


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