AMZN Trade on Jan 18, 2023 11:40 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION (describe in detail):
Trade#: 2
Set#: LODB_01_06
Ticker: AMZN
Strategy: ()ORBU ()ORBD ()HODB (X)LODB
Market Condition: ()Gapping Up (X)Gapping Down ()Consolidating
5-Minute ATR: ().50 (X)1 ()1.50 ()2
Position Size: 25
Entry: 96.11
Hard Stop: 97.11
Technical Stop: 9EMA
LRC Break (after 10:00 am): ()Yes ()No (X)In Between
Bollinger Bands Break (after 10:00 am): ()Yes (X)No ()In Between
Target1: 95.50 ()DP()LRC()BB()MA(X)PSY | Target2: 95 ()DP()LRC()BB()MA(X)PSY | Target3: ()DP()LRC()BB()MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 96.82 Exit2: Exit3: Exit4:

**What was the result of the trade, what happened? Loss. Market was gapping down. Price action broke the LOD with confirmation, so I entered a trade at 96.11 with 25 shares. My profit target was 95.50 and 95 psychological levels. The price action reversed and broke through the 9EMA with confirmation, so I exited my position.

*FEELINGS- Describe what you thought and felt during the trade? Cautious and aware of the chart movement with risk management on my mind.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Price action broke the LOD with confirmation. Bad: Price action was near the lower LRC.

*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 followed my strategy, but I could have been more aware of the LRC before taking the trade though it eventually did break the LRC later during the session.

*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.

*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