This trade was silly. First of all-I miscalculated and purchased too many contracts (3 instead of 1). Secondly, I ignored my trade rules about trend as AAPL had been consistently under the 30 & 50 day moving averages (MA) for over a week!
So, needless to say, when you're wrong-you should get out. I didn't so i got stopped out at a credit of $34.11 at ~ 3:10pm.
Trade Totals:
Adj. Cost Basis= $42.85
Stop= $34.11
1/2 BOT= -$17,100.00
1/7 Roll= +$1,323.00
1/8 Roll= +$1,275.00
1/11 Roll= +$1,650.00
1/15 Stop= +$10,233.00
Total Loss= $2,619.00
34.11/42.85= 21 % loss
