DIS Trade on Feb 8, 2023 16:39 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 3
Set#: After Market Earnings_Set01_01
Ticker: DIS
Strategy: ()ORBU ()ORBD ()HODB ()LODB (X)After Hours Earnings
Market Condition: ()Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 ()1 ()1.50 ()2
Position Size: 50
Entry: 116.20
Technical Stop: 5-minute high
Hard Stop: Loss of 5-minute high
LRC Break (after 10:00 am): ()Yes ()No ()In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No ()In Between
Target1: 117. 50 ()DP()LRC()BB()MA(X)PSY | Target2: 118.00 ()DP()LRC()BB()MA()PSY | Target3: 118.50 ()DP()LRC()BB()MA()PSY | Target4: 118.37 (X)DP()LRC()BB()MA()PSY
Exit1: 118.25 Exit2: 120.05 Exit3: 117.64 Exit4:

**What was the result of the trade, what happened? Profit. $DIS reported strong earnings after hours. I took a trade at 116.20 with 50 shares when price action broke the 5-minute high on the announcement candle with strong momentum and volume. I took a 2/3 partial at 118.25 and another partial at 120.05. I scaled out the rest of my shares at 117.64 when price action lost momentum and reversed.

*FEELINGS- Describe what you thought and felt during the trade? I was trading in the zone.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Price action broke the 5-minute high of the announcement candle with very strong momentum and volume. Bad: Price action a 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 was very proud to have been able to take my first winning after hours earnings trade.

*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 trade after hours when a good setup is present and exercise extreme caution and risk management on these types of trades.

*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
2023-02-08 16:39:38 DIS buy $116.200 long
2023-02-08 16:41:07 DIS sell $118.250 long
2023-02-08 16:41:52 DIS sell $120.050 long
2023-02-08 17:13:26 DIS sell $117.640 0


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