META Trade on Jan 24, 2023 09:35 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 1
Set#: Trading Error:wrong ticker_Set01_05 | Trading Error:stopnotrespected_Set01_01
Ticker: META
Strategy: (X)ORBU ()ORBD ()HODB ()LODB
Market Condition: ()Gapping Up (X)Gapping Down ()Consolidating
5-Minute ATR: ().50 (X)1 ()1.50 ()2
Position Size: 25 (added 25 shares at 143.77)
Entry: 142.78
Technical Stop: 9EMA
Hard Stop: 142.58
LRC Break (after 10:00 am): ()Yes ()No ()In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No ()In Between
Target1: 143.50 ()DP()LRC()BB()MA(X)PSY | Target2: 144 ()DP()LRC()BB()MA(X)PSY | Target3: 144.50 ()DP()LRC()BB()MA(X)PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 143.35 Exit2: 144.52 Exit3: 144.15 Exit4:

**What was the result of the trade, what happened? Profit. The market was gapping down. Meant to enter a trade on $AAPL as it was gapping strong at the market open, but I invertedly entered a trade on $META. I decided to stay with the trade since it broke the opening range high with strong volume. I set profits at 143.50, 144, and 144.50. I had the LRC at 144.14. I took a partial profit at 143.35 and add 25 shares at 143.55. I took profit at 144.52 and took final profit at 144.15 when the candle made a lower low though I should have waited for confirmation of the technical stop at the 9EMA.

*FEELINGS- Describe what you thought and felt during the trade? A little annoyed that I entered a trade on the wrong ticker.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Stock was gapping up with strong volume. Price action broke opening range high. Bad: I entered a trade on the wrong ticker. I did not let price action hot my technical stop.

*ANALYSIS- Does the trade make sense to you now that it is over? Not entering the right ticker did not make sense.

*CONCLUSION- What is the final judgment of the trade (draw conclusions)? The trade worked, but I broke rules in the process.

*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? Execute on the correct ticker and respect my stops.

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

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

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Execution detail:

Date/time Symbol Side Price Position
2023-01-24 09:35:25 META buy $142.780 long
2023-01-24 09:38:29 META sell $143.350 long
2023-01-24 09:41:29 META buy $143.770 long
2023-01-24 09:54:58 META sell $144.520 long
2023-01-24 10:01:20 META sell $144.150 0


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