JD Trade on Nov 18, 2022 09:43 from The_Trading_Apprentice: Tradervue User Stock Trades.

**Trade#: 1
*Catalyst: Premarket earnings
*Strategy: 5-minute ORB short
*Stop loss: Break of premarket and opening range low
*Target1: 54.55 (whole dollar) Target2: 53.05 (daily pivot) Target3: $48.09 (daily pivot)
*Exit1: 56.84
*Description- What was the result of the trade? Loss.
*Feelings- What were your feelings during the trade? Tired, didn't sleep well.
*Evaluation- What was good or bad about the trade? Good: Price action broke premarket and opening low. Also broke daily pivot at 55.87. SPY was in a downtrend at the market open. Bad: There was a daily level at 54.7 acting as potential support. The market went into consolidation mode and there was no continuation of the downward trend.
*Analysis- Does the trade make sense to you now that it is over? Yes.
*Conclusion- What is the final judgement of the trade? I took the setup as it presented, but I could have been more mindful of the 100SMA level that was acting as potential support so it may have been a challenge to hit my targets. Also, with current market conditions I should have enter with half of the share size that I entered in 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? Continue to take the setup as it presents but be mindful of other indicators that can act as support or resistance to reach potential profit targets. Continue to practice excellent risk management.
*Trade Management: Strategy xGo _No Go | Risk Identified _Go xNo Go | Profit Targets xGo _No Go
*Trade Execution: Entry xGo _No Go | Profit Targets/Stop Respected xGo _No Go