NVDA Trade on Feb 22, 2023 16:51 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 2
Set#: Trading Error:enteredlate_Set01_06
Ticker: NVDA
Strategy: ()ORBU ()ORBD ()HODB ()LODB (X)After Hours
Market Condition: ()Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 ()1 ()1.50 ()2
Beginning Position Size: 25
Entry: 217.51
Technical Stop:
Hard Stop:
LRC Break: ()Yes ()No ()In Between
Bollinger Bands Break: ()Yes ()No ()In Between
Level1: 226.00 (X)DP()LRC()BB()MA | Level2: ()DP()LRC()BB()MA | Level3: ()DP()LRC()BB()MA | Level4: ()DP()LRC()BB()MA
Profit Target1(psy): 219.00 | Profit Target2(psy): 220.00 | Profit Target3(psy): 221.00 | Profit Target4(psy):
Exit1: 220.12 | Exit2: | Exit3: | Exit4: | Exit5:

**What was the result of the trade, what happened? Profit. $NVDA reported earnings after hours. I took an AH trade at 220.12 with 25 shares when the price action broke the 1-minute announcement candle with strong above average volume and momentum, but I entered late because I was having issues with buying power. The price gapped up fairly quickly, so I took profit and exited my trade at 225.93.

*FEELINGS- Describe what you thought and felt during the trade? Some fear and nervousness since I had a losing day.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: The price action broke the 1-minute announcement candle with strong above average volume and momentum. Bad: I entered late due to issues with buying power. I took profit too early.

*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'm still learning to trade the after hours so even though my execution was not perfect, but I was pleased that I was able to take profit.

*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 and work on better execution and risk management. Also, I will address my buying power issue.

*TRADE MANAGEMENT: Strategy (X)Go ()No Go | Max Risk Per Trade Identified (X)Go ()No Go | Profit Targets Set (X)Go ()No Go

*TRADE EXECUTION: Entry ()Go (X)No Go | Profit Targets/Stop Respected Without Fear (X)Go ()No Go