MU Trade on Mar 28, 2023 17:03 from The_Trading_Apprentice: Tradervue User Stock Trades.

DESCRIPTION OF TRADE
Trade#: 4
Ticker: MU
Market Condition: ()Gapping Up ()Gapping Down ()Consolidating
Strategy: ()ORBU ()HODB ()ORBD ()LODB ()Reversal (X)After Hours
5-Minute ATR: ().50 (X)1.00 ()1.50 ()2.00 ()2.50
Beginning Position Size: 100
Avgcost: 60.12
Technical Stop:
Hard Stop:
LRC Level:
Bollinger Bands Level:
Level1: 61.80 (X)DP ()MA * Level2: ()DP ()MA * Level3: ()DP ()MA * Level4: ()DP ()MA
Profit Target1: 1.00 above Avgcost * Profit Target2: * Profit Target3: * Profit Target4:
Profit Taking: ()1/4@ ()1/2@ ()2/3@ ()scaled out@ (X)stopped

* Shares added ()50@ ()75@ ()100@ ()200@
Profit Taking: ()1/4@ ()1/2@ ()2/3@ ()scaled out@ ()stopped out@ * Shares added ()50@ ()75@ ()100@ ()200@
Profit Taking: ()1/4@ ()1/2@ ()2/3@ ()scaled out@ ()stopped out@ * Shares added ()50@ ()75@ ()100@ ()200@
Profit Taking: ()1/4@ ()1/2@ ()2/3@ ()scaled out@ ()stopped out@ * Shares added ()50@ ()75@ ()100@ ()200@

*What was the result of the trade, what happened? This was a failed trade. $MU reported earnings miss after hours. I took an after hours trade at 60.12 with 100 shares after $MU announced earnings miss and the price action broke the 1-minute high of the announcement candle. I had daily pivot at 61.80. I set a profit target at 1.00 above Avgcost. The price action moved upward, but I was not able to take profit because I accidently closed my montage. I became frazzled with this trading error and scrambled to open a new montage. I exited my trade at near breakeven since I needed to reset.

*FEELINGS- Describe what you thought and felt during the trade? Frazzled.

*EVALUATION- What was good or bad about the trade (what worked according to plan in trade)? Good: The price action broke the 1-minute high of the announcement candle. Bad: I became frazzled when I close my montage by mistake.

*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, but I missed an opportunity to take profit due to my trading error.

*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 use a button on my Stream Deck to make the montage the active window.

*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 ()Go (X)No Go