BBY Trade on Mar 3, 2022 09:38 from Jrob411: Tradervue User Stock Trades.

Playbook

Trade Strategy
CF – Earnings Open Range Breakout or Breakdown
- Driven from news catalyst

- Gap +/- 3% or more
- Pre market vol +1%
- ATR +1
- Avol 500,000
- Price Range $30- $250 per share
Strategy * Once the first 5min bar has closed look for a break either up/down to start my entry when other conditions are meet:
* want to see a pullback on the 1min
* If stock moves above/below the 5min opening range and the next nearest resistance/support provides a 3/1 or greater risk/reward then get long/short
* If 1st 5min candles is larger then the ATR avoid on open
* Spy should be moving in same direction
** if wick on the 5min bar is longer than the body use the body as my entry**
** Stock must have broken out by 10am or no trade without confirmation**
** do not trade if stock is going into conference call on breakouts**
* Reason2sell

Stock hits plan profit/loss target
* At key support/resistance level
*stock begins to work but pulls back and closes below/above the 9ema
* once 1st partial is taken move the remaining shares to breakeven
*Fundamentals**

Big Picture

Long term Technical Analysis

Pre market Technical Analysis

Trade Management

Trade Review
Frame of Mind-Energy-Market Bias
well rested and started at my new time giving me time to complete my game plan and reviw others on SMB discord
Description
what was the result of the trade?
BBY stock pull back on the open and began to slow down before moving back above open range, hestitated going long on break and chased the enry and stock began to work left a small priece on when we move above the 200 as a trade to hold but stop out below 200 m/a

Feelings
How did you feel during the trade?
was not confident once entering since i chased the entry, then trade begn to work
Evaluation
What was good/bad about the trade
bad= chasing entry, good= held small piece as trade to hold, but moved up to be stop out (manly due to drop in spy)
quality of setup execution
a
quality of entry
f
quality of exit
a
Analysis
How did you feel after the trade?
felt i manage trade throughout the entry
Conclusion
If any, what did I do to overcome my emotional feeling while in the trade?
hesitation on rntry, need to practice setup to be comfortable with trade

Action Plan
How are you going to avoid the mistakes you made on this trade?
practice setup
How are you going to make sure you get the same results next time if trade was good? continue using bracket orders and reviewing trade