TSLA Trade on Jan 25, 2023 11:41 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 3
Set#: HODB_Set01_06
Ticker: TSLA
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: 143.23
Technical Stop: 9EMA
Hard Stop: 142.23
LRC Break (after 10:00 am): ()Yes ()No (X)In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No (X)In Between
Target1: 144 ()DP()LRC()BB()MA(X)PSY | Target2: 144.50 ()DP()LRC()BB()MA(X)PSY | Target3: 145.82 (X)DP()LRC()BB()MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 144.03 Exit2: 144.61 Exit3: Exit4:

**What was the result of the trade, what happened? Profit. Market was gapping up. I entered a trade at 143.23 with 25 shares when price action broke HOD with confirmation. Price action consolidated for a while but stayed pretty much above the 9EMA. Eventually I was able to take a 2/3 partial at 144.03 and scaled out the rest of my shares at 144.61.

*FEELINGS- Describe what you thought and felt during the trade? Felt tired waiting for the stock to pick a direction.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Market was gapping up. Price action broke HOD with confirmation. Bad: Price action consolidated for a while.

*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)? The trade took a while to work, but having patience paid off at the end.

*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