AAPL Trade on Nov 2, 2018 10:04 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Trade#2 for a LOSS in $AAPL

Not my best trade and I was way too gready as I hesitated taking partials even though I saw exhaustion on the tape. That eventually lead to the position get bigger than it needed to and finally ending with a loss.

I was down more than $200 with $AAPL in the worst moment, but managed to get out just with $5 loss. Net 20$ loss.

I really thought AAPL would bounce and close strong. When it tested and showes support at 209.50s I used the retest for an initial starter even though I had 209 in mind for support. I was impatient to see $AAPL eventually reach 209 AND find support on several occasions. As this was too close to my initial starter I did not add here, but waited.

Instead I used the retest of 208.50 for an add for an average of 209.04.

$AAPL bounced to 209.36 where I had resistance but I did not take a profit.

When $AAPL ran back into 208.50 and showed support I added another partial. Not having taken a partial prior, this was just a mistake and I should have skipped buying the same level again. However I felt like I was too conservative in my tier size increments.

Next support I had was 205ish.

I let it play out and see whether we would bounce. $AAPL sold off further and I used 207.50 and 207 to add more and an average of 208.23 just to see $AAPL sell off further.

When it broke 207 I used the support there for an erratic add for an average of 207.99.

At 207.75 and some resistance I took a partial loss and reduced my trade further just above 208. $AAPL rejected 208 quickly and I reduced further with the spike into 207.80.

Anticipating a possible Backside-Trade and higher low I added back at 207 to lower my average to 207.53 and below the 207.75 resistance.

$AAPL bounced quickly and I took off another part above break-even as I did not like how it traded and $AAPL being $AAPL. I did not like my average price either.

I took a profit with the spike into 208 and eventually took off the final piece as I did not like the volume and price action in AAPL. I gave it some time, but AAPL consolidated and started to range. Good to call it a day.


Execution detail:

Date/time Symbol Side Price Position
2018-11-02 10:04:00 AAPL buy $209.540 long
2018-11-02 10:16:00 AAPL buy $208.540 long
2018-11-02 10:21:00 AAPL buy $208.550 long
2018-11-02 10:29:00 AAPL buy $207.520 long
2018-11-02 10:30:00 AAPL buy $207.000 long
2018-11-02 10:40:00 AAPL buy $206.760 long
2018-11-02 10:45:00 AAPL sell $207.740 long
2018-11-02 10:46:00 AAPL sell $208.050 long
2018-11-02 10:52:00 AAPL sell $207.690 long
2018-11-02 10:55:00 AAPL buy $207.000 long
2018-11-02 10:57:00 AAPL sell $207.580 long
2018-11-02 10:58:00 AAPL sell $208.010 long
2018-11-02 11:14:00 AAPL sell $207.610 0


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