Shared by
ekrei
pivot off 8ema, entered 10c be4 breakof candle and 131, covered risk 1:1 bc of IWM weakness, left w 188 shares sold 100 shares around 4r held the last 88 shares for end of day but the market totally failed so took it around BE
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-01-09 09:44:00 | AAPL | buy | $130.920 | long |
| 2023-01-09 09:46:00 | AAPL | sell | $131.320 | long |
| 2023-01-09 10:00:00 | AAPL | sell | $132.050 | long |
| 2023-01-09 10:03:00 | AAPL | sell | $132.320 | long |
| 2023-01-09 14:38:00 | AAPL | sell | $131.080 | 0 |
Comments
ekrei
you are right.. at the time i believe i was hoping to keep the last piece for a swing (which i shouldve in hinesight lol) but after it totally reversed in the afternoon into the close i wasnt comfortable keeping the last piece in
Goku_BOWS
That would've been tough holding down to $128 the next day. You can also trail on the 15, if it doesn't stop out, then that's you're cue to swing. Although it doesn't look like this gave you any higher low on the 15. Can't beat yourself up, great trade.
true... i generally just trail on the 15 min on the last piece but ya my system now is to try to sell either all or 3/4 at 3R (3 times amount of space im risking) if it is a possible "day 1" then ill hold the last piece for a swing...ive seen that holding for a swing on day 2 (like this trade) is tough to get good follow through the next day
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Nice trade!
You can trail up that last lot if you don't want to give it back. I try to trail on the 5 minute usually and put my stop under the next higher low once a higher high occurs.