AAPL Trade on Mar 6, 2023 10:19 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION
Trade#: 4
Set#: Trading Error:noconfirmation_Set01_02
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
Entry: 155.18
Technical Stop: 9EMA with confirmation
Hard Stop: 154.48
LRC Break: (X)Yes ()No ()In Between
Bollinger Bands Break: ()Yes (X)No ()In Between
Level1: 156.33 (X)DP()LRC()BB()MA | Level2: 157.38 (X)DP()LRC()BB()MA | Level3: ()DP()LRC()BB()MA | Level4: ()DP()LRC()BB()MA
Profit Target1(psy): 156.00 | Profit Target2(psy): 156.50 | Profit Target3(psy): 157.00 | Profit Target4(psy):
Exit1: 156.00 | Exit2: 155.52 | Exit3: | Exit4: | Exit5:

**What was the result of the trade, what happened? Profit. Market was gapping up at the time of entry. I took a HODB at 155.18 with 100 shares when the price action broke the HOD without confirmation with above average volume. The price action broke did the LRC to the upside and did not break the Bollinger Bands. I set the loss of the 9EMA 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 156.33 and 157.38 and I set my profit targets at 156.00, 156.50, and 157.00. I took a 2/3 partial when the price action reached my profit target of 156.00 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 reversed and stopped me out at breakeven.

*FEELINGS- Describe what you thought and felt during the trade? Feeling better with execution and profit taking.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Market was gapping up. The price action broke the HOD. Bad: I did not confirm the HOD break. The price action reversed and stopped me out at breakeven.

*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 that was trending with the market, but I should have confirmed the break of the HOD.

*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 (X)Go ()No Go | Profit Targets/Stop Respected Without Fear (X)Go ()No Go