April 9, 2025 (2 Trades) (-$61.00)
Grade: C-
**No stats photo because I was trading on TOS**
Day Summary: The volatility continues, although I was able to trade the morning with options (no margin on tradestation), and it only got more volatile when Big T came out and paused the tariffs. I only traded in the morning and took two unideal trades so i made the right decisions and shut it down early. That's a win for the day. Self-conciousness is key.
DAILY - ES
5 MIN - ES
TRADES
Trade 1 - Long 1 Put @ No Set Up + Key Level + Intuition
Grade: C-
- not a bad trade, but not really a playbook set up
- Risk management for the win
- cut lose quickly - good job especially with volatility
- fighting the trend - bad
Trade 2 - Long 1 Call @ No Set Up + Intuition + "Price Action"
Grade: D+
- No set up - bad
- trading on intuition - bad
- knew I wasn't seeing the chart well and took this trade anyways - bad
- fighting momentum - bad
- risk management - good thankfully
- this trade wasn't worth it
TAKEAWAYS: Risk Management is so important and saved me big money today