PRE-TRADE
Plan: For this week trade, I would wait for a pullback to the $155.00 key level, where it actually would give a double confirmation with the 200EMA on the Daily time frame. With a stop-loss at the $154.00 level breakdown, and a take-profit at the $159.00 level.
Projected R:R Ratio: 1:4
Stop-loss: $154.00
Entry level: $155.00 Key Level (200EMA 1Day time frame)
Take profit level: $159.00
Second entry: None.
Trail-stop: None.
AFTER TRADE
Actual R:R Ratio: 1:4
Stop-loss: $154.50
Entry level: $155.50
Take profit level: $159.50
Second entry: None.
Trail-stop: None.
Plan respected? No.
What did I do different from my premarket plan? I took my entry earlier than planned.
If I did not followed my plan, what could've or should've I done differently on this trade? Nothing.
Comments: I took my entry that earlier at the $155.50 level, as I wasn't going to be able to be on the screen waiting for my entry. However, it was an excellent entry, as it was with the 200EMA on the 1 Day time frame.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-09-01 11:24:02 | AAPL09 09 165 CALL | buy | $0.3900 | long |
2022-09-02 09:30:11 | AAPL09 09 165 CALL | sell | $0.7100 | 0 |
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