AAPL Trade on Jan 31, 2023 09:49 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 1
Set#: Trading Error:resistancetoprofit_Set01_04
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: 50
Entry: 143.61
Technical Stop: ORH
Hard Stop: 142.61
LRC Break (after 10:00 am): ()Yes ()No ()In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No ()In Between
Target1: 144.50 ()DP()LRC()BB()MA(X)PSY | Target2: 145 ()DP()LRC()BB()MA(X)PSY | Target3: 148.03()DP()LRC()BB(X)MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 142.73 Exit2: Exit3: Exit4:

**What was the result of the trade, what happened? Loss. Market was gapping up. I took a ORBU trade at 143.61 with 50 shares when price action broke the opening range high with strong momentum. My profit targets were 144.50 and 145.00. The daily 200SMA was at 148.03. The premarket high was in the way of profit targets. Price action was volatile and reversed after making a new HOD. I stopped out once price action broke the ORH with confirmation.

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

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Market was gapping up with above average volume. Price action broke the opening range high. Bad: The premarket high was in the way of profit targets. Price action lost momentum and reversed. My entry was too far from the 9EMA.

*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 market was too volatile and choppy in the morning, and it was difficult to get a sense of the market's direction.

*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 ()Go (X)No Go | Profit Targets (X)Go ()No Go

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