Shared by
boldandnuts
Like I wrote in the journal, I am devastated and lost confidence in my appraoch after taking that hit in FB and WHR. Bad luck on the latter.
Trying with tighter stops and focus on risk I lose track of how the stock trades. Get too focused on where to enter and the tape. Rather than stick to half/full dollar levels and support areas.
AAPL reported Earnings the night before and so did many others. First trade at 10am for me here.
Support 162-.50 160 158.13
When AAPL traded below the intraday trendline falling to around 161 I watched closer and took an entry on the break of highs on a decision-candle. AAPL rejected 161 to trade lower. I stopped out by sticking to a stop based on the ATR-Risk approach. Not giving it more room.
Just to re-enter cents higher as I hit the low. great :-/ Stop out again. Eventually jumping in when AAPL spiked lower on the break of support and started to reverse hard. I anticipated the break of the half dollar to the upside and jumped in with half a tier. Good!
Trade stuck! Now it was going. Worried about size I took profits way too early.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-01-30 10:01:00 | AAPL | buy | $160.819 | long |
| 2019-01-30 10:03:00 | AAPL | buy | $160.500 | long |
| 2019-01-30 10:03:00 | AAPL | sell | $160.381 | long |
| 2019-01-30 10:04:00 | AAPL | sell | $160.380 | long |
| 2019-01-30 10:04:00 | AAPL | sell | $160.470 | 0 |
| 2019-01-30 10:05:00 | AAPL | buy | $160.460 | long |
| 2019-01-30 10:05:00 | AAPL | sell | $160.630 | long |
| 2019-01-30 10:06:00 | AAPL | sell | $160.980 | long |
| 2019-01-30 10:06:00 | AAPL | sell | $160.840 | long |
| 2019-01-30 10:13:00 | AAPL | sell | $161.370 | long |
| 2019-01-30 10:20:00 | AAPL | sell | $161.800 | 0 |
Comments
boldandnuts
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January has been a big test for all of us!! Keep it up mate, humbleness, self judgment, patience, we'll make it my friend!!
Yooooo!!!!!