NVDA Trade on Dec 21, 2022 11:10 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION (describe in detail):
Trade#: 5
Set#: Trading Error:resistancetoprofit_Set01_02 | Trading Error:revengetrading_Set01_01
Ticker: NVDA
Strategy: ()ORBU ()ORBD (X)HODB ()LODB
Market Condition: (X)Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 (X)1 ().50 ()2
Position Size: 50
Entry: 165.91
Hard Stop: 164.91
Technical Stop: 9EMA
LRC Break: (X)Yes ()No ()In Between
Bollinger Bands Break: (X)Yes ()No ()In Between ()Tight (X)Open
Target1: 166.50()DP()LRC()BB()MA(X)PSY | Target2: 169.98(X)DP()LRC()BB()MA()PSY | Target3: 170()DP()LRC()BB()MA(X)PSY | Target4:()DP()LRC()BB()MA()PSY
Exit1: 164.91 Exit2: Exit3: Exit4:

**What was the result of the trade, what happened? Loss. I entered a trade when price action broke HOD with confirmation but lost momentum soon after along with $SPY. Price action lost the 9EMA and hit my stop. I entered twice my normal share size probably in an act of revenge trading.

*FEELINGS- Describe what you thought and felt during the trade? Feeling frustrated with my execution for the day.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Price action broke HOD with confirmation. Bad: Price action lost momentum and reversed. The daily 20SMA was in the way of price targets.

*ANALYSIS- Does the trade make sense to you now that it is over? No, it doesn't.

*CONCLUSION- What is the final judgment of the trade (draw conclusions)? I took this trade because I was trying to avoid ending on a red day. I doubled my share size and ended the day going above my daily max loss of $100.

*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 have written my action plan in the previous trades from today and I need to follow it.

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

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