GTLB Trade on Mar 13, 2023 17:06 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION
Trade#: 5
Set#: After Market Earnings_Set01_04
Ticker: GTLB
Strategy: ()ORBU ()HODB ()ORBD ()LODB ()Reversal (X)After Hours
Market Condition: ()Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 ()1 ()1.50 ()2 ()2.50
Beginning Position Size: 50
Entry (AvgCost): 36.37
Technical Stop:
Hard Stop:
LRC Break: ()Yes (up/down) ()No ()In Between
Bollinger Bands Break: ()Yes (up/down) ()No ()In Between
Level1: ()DP()LRC()BB()MA * Level2: ()DP()LRC()BB()MA * Level3: ()DP()LRC()BB()MA * Level4: ()DP()LRC()BB()MA
Profit Target1(psy): 31.00 * Profit Target2(psy): 27.00 * Profit Target3(psy): * Profit Target4(psy):
Exit1: 31.00 * Exit2: 27.89 * Exit3: * Exit4: * Exit5:

**What was the result of the trade, what happened? This was a profitable trade. $GTLB reported earnings miss after hours. I took an after hours earnings trade at 36.37 with 50 shares after $GTLB announced earnings miss and the price action broke the 1-minute low of the announcement candle. I had a daily pivot at 30.74, 36 20, 33.88. The price action headed downward, and I took a 2/3 partial at 31.00. The price action started to consolidate and eventually I decided to scale out the rest of my position at 27.89.

*FEELINGS- Describe what you thought and felt during the trade? I felt good that I was able to take this setup and take profits along the way.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: the price action gapped down after the company reported earnings miss and broke the 1-minute low of the announcement candle. Bad: The price action consolidated for a long period of time and I had scale out um since it was well into the late afternoon.

*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 based on the after hours earnings trade strategy and I am glad that I was able to execute it.

*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 after hours earnings trade and practice excellent risk management.

*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