ROKU Trade on Apr 26, 2023 16:04 from The_Trading_Apprentice: Tradervue User Stock Trades.

DESCRIPTION OF TRADE
Trade#: 3
Ticker: ROKU
$SPY Condition:
Strategy: After Hours Earnings
Price@LRC:
Price@BB:
Bookmap areas:
5-Minute ATR:
Beginning Position Size:
Avgcost: 56.01
Technical Stop:
Hard Stop:
Level1: 55.17 (1st target short)
Level2: 62.15 (1st target long)
Level3:
1st Profit Target: 55.50
Profit Taking: 54.23 (2/3)
Shares Added:
Exit: 57.99
Trading Error: Did not exit at breakeven.

*What was the result of the trade, what happened? This was a profitable trade. $ROKU reported earnings miss after hours. I took an after hours trade at 56.01 with 50 shares after $ROKU announced earnings miss and the price action broke the 1 low of the announcement candle. I had a daily pivot at 56.27 and 55.17. I set profit targets at 55.50. The price action gapped down quickly, and I took a 2/3 partial at 54.23. I stopped out at 57.99 when the price action broke the PCL.

*FEELINGS- Describe what you thought and felt during the trade? A little anxious at the speed of the price action.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? The price action broke the 1 low of the announcement candle. Bad: I stopped out too extended from 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)? The trade was executed according to plan, but I should have exited at breakeven after my 1st partial.

*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 plan exits beforehand.

*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 (X)Go ()No Go