April 14, 2025 (2 Trades) (-$130.00)

Grade: D-

**No Stats photo - trading on TOS**

Day Summary: Today I had a Monday surprise of MP stock up 18% in the rpemarket and running at the open, so I was focused on managing some 3dte call options at the open. As usual, that brings my mind away from day trading, and I even mentally recognized that, but proceeded to trade anyways on the euphoria from my $290 win on MP. As you'd imagine, I made a poor decision because I was focused on making money instead of the process of taking a good trade. I then revenge traded, and although it worked out, was not a smart decision and I'm lucky it was a winning trade and that I got out where I did (see Trade 2 below).

Overall, I was very disappointed in my trading today and now have to make sure I come out tomorrow and just get back to focusing on putting on a good trade. Let the market come to you.

 

DAILY - ES

5 MIN - ES

TRADES

Trade 1 - Long 2 Puts @ Intuition + No Set Up + Euphoria from MP calls in swing account

Grade: D-

  • traded a feeling only, no set up - bad
  • traded thinking about the money - bad
  • no set up - bad
  • poor entry
  • added a 2nd contract and kept moving stop - bad
  • traded in the middle of the range - bad
  • bad, bad, bad
  • target was 536.88 but I never would have held to that so this really at most would have been a trade back to the lows which would have been more of a 1:1 R

 

Trade 2 - Long 1 Put @ Revenge Trading + Intuition + Key Level

Grade: D+

  • revenge trading - bad
  • no real set up - bad
  • overall a better trade than Trade 1, but still no reason to take this trade - risky
  • good thing I got out where i did - I could feel that i was on the wrong side
  • at least I used 1 contract on this trade instead of 2
  • got lucky on this trade, I'll take it, but don't want to rely on luck

 

TAKEAWAYS: Overall I was very emotional today, and I recognized that but proceeded to trade anyways. Remember we want to build good habits and maintain good mental conciousness. I should have not traded today. Come back tomorrow and focus on the process.