ZS Trade on Mar 2, 2023 16:13 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 3
Set#: Trading Error:enteredlate_Set01_09
Ticker: ZM
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: 50
Entry: 119.31
Technical Stop:
Hard Stop: 120.31
LRC Break: ()Yes ()No ()In Between
Bollinger Bands Break: ()Yes ()No ()In Between
Level1: 114.21 (X)DP()LRC()BB()MA | Level2: ()DP()LRC()BB()MA | Level3: ()DP()LRC()BB()MA | Level4: ()DP()LRC()BB()MA
Profit Target1(psy): 115.00 | Profit Target2(psy): 114.00 | Profit Target3(psy): | Profit Target4(psy):
Exit1: 118.94 | Exit2: | Exit3: | Exit4: | Exit5:

**What was the result of the trade, what happened? Profit. $ZM report earnings after hours. I took an after hours trade t 119.31 with 50 shares when the price action broke the 5-minute low of the announcement candle with strong volume and momentum. I set my hard stop at 120.31. I had a daily level at 114.21 and set my profit targets at 115.00 and 114.00. The price action made a new low at 116.4 and started to consolidate losing volume and momentum. I decided it was not worth to continue to hold this trade, so I exited my position.

*FEELINGS- Describe what you thought and felt during the trade? Tired but still focused on my execution.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: The price action broke the 5-minute low of the announcement candle with strong volume and momentum. Bad: I entered late from the low of the announcement candle. The price action lost volume and momentum eventually staying stuck in a range.

*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 good setup to execute but the momentum to push towards my profit targets was lost.

*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 practice excellent risk management.

*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