META Trade on Dec 29, 2022 10:12 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION (describe in detail):
Trade#: 2
Set#: HODB_Set01_01
Ticker: META
Strategy: ()ORBU ()ORBD (X)HODB ()LODB
Market Condition: (X)Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 (X)1 ()1.50 ()2
Position Size: 50
Entry: 119.44
Hard Stop: 118.44
Technical Stop: 9EMA
LRC Break (after 10:00 am): (X)Yes ()No ()In Between
Bollinger Bands Break (after 10:00 am): (X)Yes ()No ()In Between
Target1: 120()DP()LRC()BB()MA(X)PSY | Target2: 120.50()DP()LRC()BB()MA(X)PSY | Target3: 121()DP()LRC()BB()MA(X)PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 120.06 Exit2: 119.44 Exit3: Exit4:

**What was the result of the trade, what happened? Profit. Price broke HOD with confirmation so I entered a trade at 119.44 with 50 shares. I took 2/3 partial at my profit target. Price action made a new HOD and reversed. I exited my position when price action lost the 9EMA.

*FEELINGS- Describe what you thought and felt during the trade? Reset and ready. Felt in control of my trade management.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Price action broke the HOD with confirmation. Bad: Price action made a new HOD and revered losing the 9EMA.

*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 setup that failed.

*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
2022-12-29 10:12:04 META buy $119.440 long
2022-12-29 10:47:25 META sell $120.060 long
2022-12-29 11:08:58 META sell $119.440 0


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