TSLA Trade on Dec 20, 2022 15:38 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION (describe in detail):
Trade#: 3
Set#: LODB_01_03
Ticker: TSLA
Strategy: ()ORBU ()ORBD ()HODB (x)LODB
Market Condition: ()Gapping Up (x)Gapping Down ()Consolidating
5-Minute ATR: (x).50 ()1 ().50 ()2
Position Size: 25
Entry: 139.67
Hard Stop: 140.17
Technical Stop: 9EMA
LRC Break: ()Yes (x)No ()In Between
Bollinger Bands Break: ()Yes (x)No ()In Between ()Tight (x)Open
Target1: 138.50 ()DP()LRC()BB()MA(x)PSY | Target2: 138()DP()LRC()BB()MA(x)PSY | Target3: 133.47()DP(x)LRC()BB()MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 138.34 (2/3) Exit2: 137.99 (rest of shares) Exit3: Exit4:

**What was the result of the trade, what happened? Profit. $SPY was gapping down towards the end of the trading session dragging down $TSLA along with it. I entered a trade when price action broke the LOD with confirmation and took profit along the way until price action broke the 9EMA with confirmation.

*FEELINGS- Describe what you thought and felt during the trade? Glad to have been able to take a final trade before the closing bell.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Price action broke LOD with confirmation. Bad: The session was coming to an end, so I had to exit the trade.

*ANALYSIS- Does the trade make sense to you now that it is over? Yes, it does.

*CONCLUSION- What is the final judgment of the trade (draw conclusions)? It was a good trade that allowed me to take profit before the closing.

*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 when present and practice excellent risk management.

*TRADE MANAGEMENT: Strategy (x)Go ()No Go | Risk Identified (x)Go ()No Go | Profit Targets (x)Go ()No Go

*TRADE EXECUTION: Entry (x)Go ()No Go | Profit Targets/Stop Respected (x)Go ()No Go

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Execution detail:

Date/time Symbol Side Price Position
2022-12-20 15:38:05 TSLA sell $139.670 short
2022-12-20 15:50:52 TSLA buy $138.340 short
2022-12-20 15:57:42 TSLA buy $137.990 0


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