AAPL Trade on Feb 6, 2023 09:53 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 3
Set#: LODB_01_10
Ticker: AAPL
Strategy: ()ORBU ()ORBD ()HODB (X)LODB
Market Condition: ()Gapping Up ()Gapping Down (X)Consolidating
5-Minute ATR: ().50 (X)1 ()1.50 ()2
Position Size: 50
Entry: 151.85
Technical Stop: Break of LOD with confirmation
Hard Stop: 152.85
LRC Break (after 10:00 am): ()Yes ()No ()In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No ()In Between
Target1: 151.00 ()DP()LRC()BB()MA(X)PSY | Target2: 150.50 ()DP()LRC()BB()MA(X)PSY | Target3: 150.00 ()DP()LRC()BB()MA(X)PSY | Target4: 149.97 (X)DP()LRC()BB()MA()PSY
Exit1: 152.10 Exit2: Exit3: Exit4:

**What was the result of the trade, what happened? Loss. Market was choppy. I entered a trade at 151.85 with 50 shares. I set profit targets at 151000, 150.50, and 150. I had a daily pivot at 149.97. Price action made a new HOD and reversed breaking though the HOD which at that point I decided to exit my position. Price action broke my technical stop, but not my hard stop.

*FEELINGS- Describe what you thought and felt during the trade? Feeling more reset.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Price action broke LOD. Bad: Candle had a strong break down but not with volume. Price action reversed and broke through my technical stop.

*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 difficult setup to take with the market conditions at the time which eventually failed.

*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 but be aware of market conditions.

*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

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Execution detail:

Date/time Symbol Side Price Position
2023-02-06 09:53:52 AAPL sell $151.850 short
2023-02-06 09:55:23 AAPL buy $152.100 0


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