META Trade on Nov 16, 2022 09:47 from The_Trading_Apprentice: Tradervue User Stock Trades.

**Trade#: 1
*Strategy: 5-minute ORB short
*Stop loss: Break of premarket and opening range low
*Target1: 112.61 (whole dollar) Target2: 112 (psychological level) Target3: 113 (psychological level)
*Exit1: 114.5
*Description- What was the result of the trade? Loss.
*Feelings- What were your feelings during the trade? Rested and ready.
*Evaluation- What was good or bad about the trade? Good: Price action broke premarket and opening range low. I respected my stop loss. SPY was weak. Bad: Made an aggressive entry without waiting for a follow up candle to confirm the break.
*Analysis- Does the trade make sense to you now that it is over? No.
*Conclusion- What is the final judgement of the trade? I did not follow the correct setup for this trade.
*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? Wait for confirmation of the break even if the breaking candle extends too far for entry. If it doesn't work, wait for another setup.
*Trade Management: Strategy _Go xNo Go | Risk Identified _xGo _No Go | Profit Targets xGo _No Go
*Trade Execution: Entry _Go xNo Go | Profit Targets/Stop Respected xGo _No Go

image


Execution detail:

Date/time Symbol Side Price Position
2022-11-16 09:47:59 META sell $113.610 short
2022-11-16 10:01:53 META buy $114.500 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in