AAPL Trade on Mar 3, 2023 09:49 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION
Trade#: 2
Set#: Trading Error:notwaitingforconfirmatio_Set01_03
Ticker: AAPL
Strategy: ()ORBU ()ORBD (X)HODB ()LODB ()After Hours
Market Condition: (X)Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 (X)1 ()1.50 ()2 ()2.50
Beginning Position Size: 100. Added 100 shares at 149.77.
Entry: 148.86
Technical Stop: Loss of support of the ORH with confirmation. 9EMA once price action crossed the ORH.
Hard Stop: 147.86
LRC Break: (X)Yes ()No ()In Between
Bollinger Bands Break: (X)Yes ()No ()In Between
Level1: 149.17 (X)DP()LRC()BB()MA | Level2: 150.92 ()DP()LRC()BB()MA | Level3: ()DP()LRC()BB()MA | Level4: ()DP()LRC()BB()MA
Profit Target1(psy): 150.00 | Profit Target2(psy): 150.50 | Profit Target3(psy): | Profit Target4(psy):
Exit1: 1150.01 | Exit2: 149.52 | Exit3: | Exit4: | Exit5:

**What was the result of the trade, what happened? Profit. Market was gapping up at the time of entry. I took an HODB at 148.86 with 100 shares when the price action broke the HOD without confirmation with average volume no momentum. The price action broke the LRC to the upside and was above the Bollinger Bands. I set the loss of the ORH with confirmation as my technical stop and a 1.00 hard stop based on the ATR of the 5-minute candle prior to entry. I had a daily pivot at 149.17 and 150.95 and I set my profit targets at 150.00 and 150.50. I set the 9EMA as my stop once the price action crossed the ORH. I took a 2/3 partial when the price action reached my profit target of 150.00 (150.01) and then I set my stop to breakeven. I added 100 shares when the price action pulled back to the 9EMA and then set my stop to breakeven. The price action stopped me out at breakeven.

*FEELINGS- Describe what you thought and felt during the trade? Gald to have been able to take profit.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Market was gapping up. Price action broke the HOD. Bad: I entered thinking it was an ORH break, but I didn't see the previous candle after the opening range candle and prior to entry.

*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 an decent execution and I was able to add shares even though I was stopped out at breakeven.

*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

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Execution detail:

Date/time Symbol Side Price Position
2023-03-03 09:49:40 AAPL buy $148.860 long
2023-03-03 10:25:22 AAPL sell $150.010 long
2023-03-03 10:45:05 AAPL buy $149.770 long
2023-03-03 10:53:50 AAPL sell $149.520 0


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