December 30, 2025 (2 Trades) (-$67.50)
Overall Grade: C+
Day Summary: I came into the day with a pretty good mindset, largely due to the fact that I actually reviewed last night, I believe. And that showed on my first trade of the day, which was a playbook set up. However, as soon as I closed that trade for a loss, even though it was a good trade, I immediately got emotional and revenge traded. At that point, I had already taken two losses before 10am, and even though I wanted to trade, I FINALLY stuck to my Two Loss and Done rule. FINALLY! I did want to take another trade, but I know it's time to start implimenting good habits again and I also knew that my second trade of the day was emotional, so it had to be done. And even though I was a bit frustrated with yet another red day (December has been tough), I also knew that, after acting on emotion for Trade 2, that I made the right decision to shut it down for the day. Sometimes it is hard, but you need to be content with good habits, even if the P/L is red.
DAILY - ES
5 MIN - ES
TRADES
Trade 1 - Long 2 MES @ Range Fakeout + Trusting The Chart + Order Flow
Overall Grade: B-
- playbook set up (Range Fakeout) - good
- fighting price action - bad
- paying attention to the DOM - good - in reality I did think I was entering at the right spot based on Trusting The Chart and what I was seeing for orders on the DOM
- going long into the move happening on the 15min (ranging down) added to the sub-quality of this RFO trade
- stopped out just a point from the low which was tough and part of the reason I made an emotional decision on Trade 2 - it's easy to say that I should have widened my stop on this trade was I only took a 2.25pt loser, but how much breathing room should I have gave it? My normal six points? That is tough because that is just basing my stop on an arbitrary number and I don't like doing that, so I stopped out at the low of my entry candle and I think that was probably the right move. Sure it moved up right after this and went, basically, straight to target (6953.75), but I cannot control that, and that is the type of thing that will happen in trading sometimes
- overall, I like the idea on this trade - Trusting The Chart
Trade 2 - Short 2 MES @ 21 EMA Trap + Revenge Trading
Grade: D
- playbook set up? technically, yes, but a subpar one and I need to be using my discretion to qualify these types of set ups ... especially if this was essentially what I wanted to see happen from Trade 1 - that is even more of a reason not to short where I did
- FOMO entry - bad
- revenge trading - bad - I really should not be entering another trade for at least 5-10mins after a win or a loss - it just doesn't make sense - trades should be planned out in advance (minutes for me) and should never sneak up on you (Jimmy from Trading Decoded)
- stopped out slightly before preset 6pt stop on this trade thankfully bc I very quickly knew I was wrong
- And after eating this L, I immediately knew it was time to stop for the day. I had taken two losses at this point (before 10am which is when I know I am rwally off) and I also knew that Trade 2 was completely forced out of emotion so it was time to wrap it up - that was at least a good takeaway from today