MSFT Trade on Mar 13, 2023 10:52 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION
Trade#: 2
Set#: Trading Error:hotkeyerror_Set01_04 * Trading Error:resistancetoprofit_Set01_15 * Trading Error:technicalstopnotrespected_Set01_17
Ticker: MSFT
Strategy: (X)ORBU ()HODB ()ORBD ()LODB ()Reversal ()After Hours
Market Condition: (X)Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 ()1 ()1.50 (X)2 ()2.50
Beginning Position Size: 50
Entry (AvgCost): 250.46
Technical Stop: 9EMA
Hard Stop: 248.46
LRC Break: Did not record.
Bollinger Bands Break: Did not record.
Level1: 251.04 (X)DP()LRC()BB()MA * Level2: 252.65 ()DP(X)LRC()BB()MA * Level3: ()DP()LRC()BB()MA * Level4: ()DP()LRC()BB()MA
Profit Target1(psy): 251.50 * Profit Target2(psy): 252.00 * Profit Target3(psy): * Profit Target4(psy):
Exit1: 250.92 * Exit2: 250.08 * Exit3: * Exit4: * Exit5:

**What was the result of the trade, what happened? This was a breakeven trade. The market was gapping up at the time of entry. I took an ORBU trade at 250.46 with 50 shares when the price action broke the ORH through the resistance of the moving averages. The volume was slightly above average. It was a late entry from the ORH. I did not record if the price action broke the LRC and the Bollinger Bands. I set the loss of the 9EMA with confirmation as my technical stop and a 2.00 hard stop based on the ATR of the 5-minute candle prior to entry. I had a daily pivot at 251.04 and the LCR level at 252.65. I set my profit targets at 251.50 and 252.00. I tried to set a market order to take two third profits at 251.00 but my hotkey failed and took 2/3 shares off my position without reaching the profit target. The price action then reversed so I decided to remove my position to avoid further confusion.

*FEELINGS- Describe what you thought and felt during the trade? I felt fine and continue to focus on my setups and executions.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: The price action broke the ORH and broke through the moving averages at time of entry. Bad: I traded into a daily support at 251.04. I had issues with my hockey button for entering a market order to take profit. The price action reversed but did not hit my technical stop and I still removed my position to avoid further confusion.

*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 entered the setup somewhat late, and I had issues with my hotkey button, so I need to work on fixing that.

*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? I will make sure that my hotkeys for entering profit taking orders will be working correctly prior to using them during a trade.

*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 ()Go (X)No Go