Shared by
Ihor_Horovenko
Thesis: Consolidation breakout above the opening high.
Stop: Placed my stop-loss below 09:43 breakout bar.
Entry: I have entered position when the breakout bar closed above the consolidation high.
Targets: for the targets I was watching to exit fully when the tape would slow down.
Breakeven point: was not set due to I have used trailing stop loss.
Profit taking: exited fully on a pullback from 191 level.
Comments: Excellent trading opportunity and BIG THANKS to @Derek for calling out this trade. I liked the speed of entering this trade. I would say it was the fastest (and most appropriate) entry throughout this year.
Lessons: plan at least 1to3 next time. Should have also used 2x size.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-11-16 09:44:01 | AAPL | buy | $190.250 | long |
| 2023-11-16 09:44:02 | AAPL | buy | $190.280 | long |
| 2023-11-16 09:44:03 | AAPL | buy | $190.250 | long |
| 2023-11-16 09:44:04 | AAPL | buy | $190.260 | long |
| 2023-11-16 09:45:46 | AAPL | sell | $190.700 | 0 |
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