Shared by
boldandnuts
Trade#3 to trade around a Base-Position
My first entry was way too early. $AAPL bounced off of 188.50 and looked strong before retesting it. I did not add more on that retest as it was too close to my original entry. I let it play with 189 in mind as first target.
When $AAPL showed resistance at 188.80s I took off half and watched it make another leg down.
After it broke 188 it looked it found some bottom and I added back on a fake bounce. Added more into next support at 187 and when $AAPL looked like it found support below 187. Average now 187.62 on 120 shares.
My last add was perfect. Scaled out and back in after that as AAPL made new lows. Long trade without much size. Good practice, but little outcome. Always waited for THAT bounce to VWAP. Did not happen.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-11-14 11:12:00 | AAPL | buy | $188.770 | long |
| 2018-11-14 11:48:00 | AAPL | buy | $188.289 | long |
| 2018-11-14 12:00:00 | AAPL | sell | $188.789 | long |
| 2018-11-14 12:08:00 | AAPL | buy | $187.880 | long |
| 2018-11-14 12:11:00 | AAPL | buy | $187.220 | long |
| 2018-11-14 12:13:00 | AAPL | buy | $186.860 | long |
| 2018-11-14 12:19:00 | AAPL | sell | $187.620 | long |
| 2018-11-14 12:21:00 | AAPL | sell | $187.940 | long |
| 2018-11-14 12:31:00 | AAPL | sell | $187.760 | long |
| 2018-11-14 12:34:00 | AAPL | buy | $187.400 | long |
| 2018-11-14 12:37:00 | AAPL | buy | $187.080 | long |
| 2018-11-14 13:01:00 | AAPL | sell | $187.500 | long |
| 2018-11-14 13:01:00 | AAPL | sell | $187.350 | long |
| 2018-11-14 13:21:00 | AAPL | sell | $188.290 | long |
| 2018-11-14 14:21:00 | AAPL | sell | $187.410 | 0 |
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