AAPL Trade on Apr 8, 2019 12:44 from shefmcoy: Tradervue User Stock Trades.

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shefmcoy

 

1245 went long as I saw the velocity of the bids pick up near the bottom of consolidation above vwap along with slight increase in 1min volume bar. Market also seemed to be trending and and putting in a higher low above vwap
I added as I saw the velocity of buying increase again and the offer lifting. I wanted to add on more of a pullback, but I didn’t and chased a little. But trade was already working for me so that’s okay
I don’t want to hold this trade too long as we are coming into resistance on the weekly and a bit overextended. We have also moved almost 1 ATR. But I plan to hold for at least retests of highs depending on what the market does
Market started to look bullish and get some good buying volume come in so it made me feel better about holding through this long chop consolidation. Otherwise I would probably have gotten out and waited for more strength
I added on pull back as the price never was able to trade below 199 even though there was an very noticeable increase in selling pressure, the buyers stepped up above 199
I felt comfortable holding for extended period of time as all the markets looked to be trending higher
All out at 199.60 as buying slowed and market put in red candle at the highs

Did you calculate proper share size and technical stop loss level?
For the most part. I could have risked 200 shares to start perhaps

Did you have patients and fight for the best price using the tape?
pretty much

Did you trade with the overall trend of the stock/market? If not the did you take profits early to reduce risk accordingly?
No I should have held longer or kept watching and gotten back in. This stock was trending hard and was a Trade2Hold

GRADE B


Execution detail:

Date/time Symbol Side Price Position
2019-04-08 12:44:43 AAPL buy $198.860 long
2019-04-08 12:44:49 AAPL buy $198.870 long
2019-04-08 12:50:15 AAPL buy $199.260 long
2019-04-08 13:05:30 AAPL buy $199.120 long
2019-04-08 13:38:51 AAPL sell $199.610 0


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