Shared by
quanphan135
The set-up: Opening Drive Play/ Break Down
I saw heavily sell off ABNB - waiting for the pull back to enter but was LEFT ALOT OF MONEY In the table. Bought ABNB at the pull back. Trade work in my favor immediately. I scale out at 1R target. Then move my stop loss abit far. WHEN ABNB got a big pull back. Hit my stop loss and the trade go break even.
What I did Right:
1) Trade with trend and momemtum
2) Could Enter Early if I focus on 1 stock
3) Buy at Pull back
4) Scale Out
What I did Wrong: - NONE
Where I could improve:
For this trade to work out 100% gain, I need to increase my risk & Move my stop loss
Trade grade: A
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-10-31 09:54:24 | 4 NOV 22 110 PUT | buy | $5.500 | long |
| 2022-10-31 09:58:12 | 4 NOV 22 110 PUT | sell | $5.800 | long |
| 2022-10-31 10:03:10 | 4 NOV 22 110 PUT | sell | $5.250 | 0 |
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