META Trade on Nov 8, 2022 12:55 from The_Trading_Apprentice: Tradervue User Stock Trades.

**Trade#: 4
*Strategy: 5-minute ORB long
*Stop loss: Loss of opening range high
*Target1: 98 Target2: 99 Target3: 100 Target4:
*Exit1: 97.2 Exit2: Exit3: Exit4:
*Description- What was the result of the trade? Loss.
*Feelings- What were your feelings during the trade? Eager to continue trading.
*Evaluation- What was good or bad about the trade? Good: SPY was gapping up. Large L2 asks at 97.75, 97.78, and 98. Bad: Price action was near upper LRC channel at 98.42 but never the broke channel. SPY's price action dumped.
*Analysis- Does the trade make sense to you now that it is over? Yes.
*Conclusion- What is the final judgement of the trade? The set up was present but I got caught in a sudden price dump within in the overall market and I exited my position to protect my capital.
*Action Plan- How are you going to avoid the mistakes you made on this trade? How are you going to make sure you get the same results the next time if the trade was good? Continue to take the setups and practice excellent risk management.
*Trade Management: Strategy xGo _No Go | Risk Identified xGo _No Go | Profit Targets _Go xNo Go
*Trade Execution: Entry xGo _No Go | Profit Targets/Stop Respected _Go xNo Go

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Execution detail:

Date/time Symbol Side Price Position
2022-11-08 12:55:34 META buy $97.450 long
2022-11-08 13:18:33 META sell $97.200 0


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