NVDA Trade on Nov 18, 2022 12:15 from The_Trading_Apprentice: Tradervue User Stock Trades.

**Trade#: 4
*Strategy: Trading Error
*Stop loss: 152.61 (break of previous LOD)
*Opportunity Window: 148.91 (daily pivot)
*Target1: 151 (whole dollar) Target2: 150 (whole dollar)
*Exit1: 152.04
*Description- What was the result of the trade? Breakeven
*Feelings- What were your feelings during the trade? Tired and frustrated.
*Evaluation- What was good or bad about the trade? Good: Broke the previous LOD. Bad: Poor confirmation, no confidence in the trade, SPY in consolidation mode with no price action direction.
*Analysis- Does the trade make sense to you now that it is over? No.
*Conclusion- What is the final judgement of the trade? This was also a revenge trade which I had no confidence in, so I exited my position.
*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? I may have to take a few days off from trading to reset and create a pre-trade checklist to help me verify whether I have a real setup that I can take or not.
*Trade Management: Strategy _Go xNo Go | Risk Identified _Go xNo Go | Profit Targets _Go xNo Go
*Trade Execution: Entry _Go xNo Go | Profit Targets/Stop Respected _Go xNo Go

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Execution detail:

Date/time Symbol Side Price Position
2022-11-18 12:15:50 NVDA sell $152.040 short
2022-11-18 12:27:21 NVDA buy $152.040 0


Comments

Gravatar AverageJoeTrading
2022-11-29 07:33:41
 

I think you analyzed your mindset pretty good. I can see emotions creeping in. often because of not being secure. Having too much input. You are doing a great job with your reflections/journaling. Keeping it simple and straightforward and to the point!

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