April 3, 2025 (1 Trade) (+$46.25)
Overall Grade: A-
Day Summary: Today was a historic day in the stock market; the biggest down day in the market since March of 2020 during the covid panic. It was expected with the tariffs announced yesterday from Big T, but short was the play today. After just watching most of the morning, I told Eury i probably wouldn't trade at all today, and a minute or two later got a good set up and executed well and to-plan on it. After that, I locked it in as a one-and-done. Overall, very happy with my performance and mental state today.
DAILY - ES
5 MIN - ES
TRADES
Trade 1 - Short 1 Contract (Limited margin by TradeStation) @ 21 EMA Reject + Intuition + TRAP (Bull) + Key Level
Grade: A-
- traded a set up - good
- great entry
- traded with the trend - good
- felt like longs were going to get trapped here on the first fake bounce - good
- although it went lower, I took profits close to a retest of the low and key level - good
- stop was close above key level or recent wicks
- followed and executed well on my plan - good