TSLA Trade on Jan 19, 2023 10:07 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION (describe in detail):
Trade#: 2
Set#: HODB_Set01_02
Ticker: TSLA
Strategy: ()ORBU ()ORBD (X)HODB ()LODB
Market Condition: (X)Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 ()1 (X)1.50 ()2
Position Size: 25
Entry: 129.71
Hard Stop: 128.21
Technical Stop: 9EMA
LRC Break (after 10:00 am): ()Yes ()No (X)In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No (X)In Between
Target1: 130 ()DP()LRC()BB()MA(X)PSY | Target2: 130.50 ()DP()LRC()BB()MA(X)PSY | Target3: ()DP()LRC()BB()MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 128.42 Exit2: Exit3: Exit4:

**What was the result of the trade, what happened? Loss. This was a second attempt. Price action broke HOD with confirmation so I entered a trade at 129.71 with 25 shares. My profit targets were 130 and 130.50. The price action missed my profit target by .01 and then reversed eventually hitting my stop. I exited my position at that point.

*FEELINGS- Describe what you thought and felt during the trade? Not feeling confident in the market at this point.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Price action broke HOD with confirmation. Bad: I missed my profit target by a penny. Price action reversed and I eventually stopped out.

*ANALYSIS- Does the trade make sense to you now that it is over? The market doesn't make sense.

*CONCLUSION- What is the final judgment of the trade (draw conclusions)? I took the setup, but the overall market was too choppy and volatile for the trade to work.

*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 being mindful of current market conditions.

*TRADE MANAGEMENT: Strategy (X)Go ()No Go | Risk Identified (X)Go ()No Go | Profit Targets (X)Go ()No Go

*TRADE EXECUTION: Entry (X)Go ()No Go | Profit Targets/Stop Respected (X)Go ()No Go