AAPL Trade on Jan 27, 2023 09:39 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 1
Set#: 5-minute ORBU_02_06
Ticker: AAPL
Strategy: (X)ORBU ()ORBD ()HODB ()LODB
Market Condition: (X)Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 (X)1 ()1.50 ()2
Position Size: 25
Entry: 144.45
Technical Stop: ORH
Hard Stop: 143.45
LRC Break (after 10:00 am): ()Yes ()No ()In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No ()In Between
Target1: 145.50 ()DP()LRC()BB()MA(X)PSY | Target2: 146.00 ()DP()LRC()BB()MA(X)PSY | Target3: 148.28 ()DP()LRC()BB(X)MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 144.78 Exit2: 144.731 Exit3: Exit4:

**What was the result of the trade, what happened? Profit. Market was gapping up in the morning. I took a trade at 144.45 with 25 shares when price action broke the opening range high. There were no moving averages in the way of profit targets at 145.50 and 146. The daily 200SMA was at 148.28. My technical stop was the opening range high, and my hard stop was based on the 5-minute ATR at 143.45. I took a 2/3 partial at 144.78 and moved my stop to breakeven. I scaled out the rest of my shares at 144.731 when I saw prices decrementing down on the T&S though I could have waited for price action to confirm the loss of the 9EMA.

*FEELINGS- Describe what you thought and felt during the trade? Feeling more in control of my execution than yesterday.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Market had strong upward momentum. Price action broke premarket and opening range high. No moving averages in the way of profit targets. Bad: Price action made a new HOD and 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)? I felt good with my execution, but I could have allowed a test of the 9EMA before scaling out the rest of my shares.

*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