TSLA Trade on Jan 20, 2023 09:36 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION (describe in detail):
Trade#: 1
Set#: Trading Error:wrong ticker_Set01_04
Ticker: TSLA
Strategy: ()ORBU (X)ORBD ()HODB ()LODB
Market Condition: (X)Gapping Up (X)Gapping Down ()Consolidating
5-Minute ATR: ().50 (X)1 ()1.50 ()2
Position Size: 25
Entry: 128.1403
Hard Stop: 129.1403
Technical Stop: 9EMA
LRC Break (after 10:00 am): ()Yes ()No ()In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No ()In Between
Target1: 127 ()DP()LRC()BB()MA(X)PSY | Target2: 126.50 ()DP()LRC()BB()MA(X)PSY | Target3: ()DP()LRC()BB()MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 129.2 Exit2: Exit3: Exit4:

**What was the result of the trade, what happened? Loss. The market was gapping down at the open. I meant to take an ORBD trade on $AAPL, but I inadvertently entered a trade on $TSLA. I decided to stay with the trade since it was gapping down, but price action reversed after making a new LOD. I exited my position when price action hit my stop.

*FEELINGS- Describe what you thought and felt during the trade? Felt a little distracted.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Not much. Bad: Wrong ticker traded. Price action created a new LOD, then reversed.

*ANALYSIS- Does the trade make sense to you now that it is over? No.

*CONCLUSION- What is the final judgment of the trade (draw conclusions)? When I'm distracted with other thoughts not related to trading, I make mistakes.

*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 need to tune out distractions at least 10 minutes before the market open.

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

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

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Execution detail:

Date/time Symbol Side Price Position
2023-01-20 09:36:01 TSLA sell $128.140 short
2023-01-20 09:50:44 TSLA buy $129.200 0


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