CRM Trade on Mar 1, 2023 16:06 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION:
Trade#: 2
Set#: After Market Earnings_Set01_03
Ticker: CRM
Strategy: ()ORBU ()ORBD ()HODB ()LODB (X)After Hours
Market Condition: ()Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 ()1 ()1.50 ()2
Beginning Position Size: 25
Entry: 182.4
Technical Stop: Loss of support of the announcement candle high
Hard Stop: 181.4
LRC Break: ()Yes ()No ()In Between
Bollinger Bands Break: ()Yes ()No ()In Between
Level1: 186.58 (X)DP()LRC()BB()MA | Level2: 187.56 (X)DP()LRC()BB()MA | Level3: 192.5 ()DP()LRC()BB()MA | Level4: ()DP()LRC()BB()MA
Profit Target1(psy): 184.00 | Profit Target2(psy): 186.00 | Profit Target3(psy): 188.00 | Profit Target4(psy):
Exit1: 184.55 | Exit2: | Exit3: | Exit4: | Exit5:

**What was the result of the trade, what happened? Profit. $CRM reported earnings beat after hours. I took an after hours trade at 182.40 with 25 shares after $CRM announced earnings beat and the price action broke the 1-minute high of the announcement candle. I had daily pivots at 186.58, 187.56, and 192.50. I set profit targets at 184.00, 186.00, and 188.00. The price action moved quickly upward, and I scaled out completely at 184.55.

*FEELINGS- Describe what you thought and felt during the trade? Feeling good that I was able to execute this trade and take profit.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: $CRM reported earnings beat and gapped up strongly. Bad: I left profits on the table by scaling out to early.

*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 am feeling more confident with taking after hours trade and even though I could have taken more profits, I am satisfied with the progress I am making.

*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 manage the trade to the best of my abilities.

*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 (X)Go ()No Go