No significantly moving stock in premarket
- One of the go to stocks to watch when nothing is moving.
Open
- First trade was the break of the VWAP to the upside but it quickly rejected on the 1 min and 5 min and got stopped out stop loss at initial size.
- Second trade was the break of the VWAP to the upside again after the second retest. It was a false break and I stopped myself out after the 1 min and 5 min was curling back to the downside quickly.
Reflection
- First trade was reasonable with previous 1 and 5 min candle supporting. Good risk management with waiting on the break for the add. I could have watch the 1 min chart closer to see those very strong pull backs forming, could have saved myself some money even if it was only on initial entry.
- Second trade was Also with good confirmation on the 5 min and 1 min chart, it showed great strength and support to the upside. I didnt like the way it was curling back down again so I thought it best to manage my risk and trade the technical indicators that were showing buyers were exhausted. Almost broke even on both trades even though I was in full size. Nice risk management.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-05-15 10:53:53 | AAPL | buy | $172.250 | long |
2023-05-15 10:56:26 | AAPL | sell | $172.050 | 0 |
2023-05-15 11:16:20 | AAPL | buy | $172.240 | long |
2023-05-15 11:19:43 | AAPL | buy | $172.300 | long |
2023-05-15 11:21:28 | AAPL | buy | $172.340 | long |
2023-05-15 11:28:47 | AAPL | sell | $172.310 | 0 |
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