TSLA Trade on Jan 25, 2023 09:51 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 2
Set#: 5-minute ORBD_02_03
Ticker: TSLA
Strategy: ()ORBU (X)ORBD ()HODB ()LODB
Market Condition: ()Gapping Up (X)Gapping Down ()Consolidating
5-Minute ATR: ().50 (X)1 ()1.50 ()2
Position Size: 25
Entry: 140
Technical Stop: 9EMA
Hard Stop: 141
LRC Break (after 10:00 am): ()Yes ()No ()In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No ()In Between
Target1: 139 ()DP()LRC()BB()MA(X)PSY | Target2: 138.50 ()DP()LRC()BB()MA(X)PSY | Target3: 137.66 (X)DP()LRC()BB()MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 138.58 Exit2: 139.75 Exit3: Exit4:

**What was the result of the trade, what happened? Profit. Market started to gap down. I entered a trade when price action broke premarket and opening range low at 140 with 25 shares. My profit targets were 139 and 138.50. I had a daily pivot of 137.66. I took a 1/2 partial at 138.58 and scaled out the rest of my shares at 139.75.

*FEELINGS- Describe what you thought and felt during the trade? Reset and ready.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Overall market was gapping down. Price action broke premarket and opening range low. Window of opportunity to take profit. Bad: Price action created a new LOD then reversed.

*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)? It was a good trade that allowed me to take profit.

*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