AMZN Trade on Jan 20, 2023 11:08 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION (describe in detail):
Trade#: 3
Set#: HODB_Set01_03
Ticker: AMZN
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: 25
Entry: 95.51
Hard Stop: 94.51
Technical Stop: 9EMA
LRC Break (after 10:00 am): ()Yes ()No (X)In Between
Bollinger Bands Break (after 10:00 am): (X)Yes ()No ()In Between
Target1: 96.50 ()DP()LRC()BB()MA(X)PSY | Target2: 97 ()DP()LRC()BB()MA(X)PSY | Target3: ()DP()LRC()BB()MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 96.51 Exit2: 97.03 Exit3: Exit4:

**What was the result of the trade, what happened? Profit. Market continued its upward trend. Price action broke HOD so I entered a trade at 95.51 with 25 shares. My profit targets were 96.50 and 97 which were psychological levels. I had 96.25 and 97.23 as daily pivots. I took profits at 96.51 and 97.03.

*FEELINGS- Describe what you thought and felt during the trade? Feeling more confident in my trading process.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Price action broke HOD. No moving averages in the way of price targets.

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

*CONCLUSION- What is the final judgment of the trade (draw conclusions)? I took an aggressive entry without waiting for confirmation since the previous candle had strong momentum and the overall market was on an upward trend. The trade did take a while to work, and I almost exited the trade when the price action hit the 50EMA but bounced off of it.

*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