September 29, 2025 (-$38.75) - Know The Day

Lesson/Review

September 29, 2025 (5 Trades) (-$38.75)

Overall Grade: C-

Day Summary: I really have been trying too hard recently. Not waiting for the market to present good set ups to me. I have taken some according to set up, but they are typically subpar and not with the mindset of what kind of day we are having. We have been chopping a lot recently in the mornings, and I had been taking trend continuation set ups at the lows. I need to do a better job of recognizing what kind of day it is, and adjusting to that. I should be looking for range fakeout trades when it gets choppy. I also missed a good trade on the funded account just before the open because my order didn't get filled, so that did send me into the open with some FOMO.

 

DAILY - ES

5 MIN - ES

TRADES

Trade 1 - Short 2 MES @ 21 EMA Trap + Key Level + FOMO (from PM missed trade (see Day Summary above))

Grade: B

  • FOMO from premarket missed trade
  • I'm ok with this trade - this is a playbooked set up
  • good job limiting the loss
  • aggressive entry but there was momentum

 

Trade 2 - Long 2 MES @ "21 EMA Trap" + Price Action + Revenge trading

Grade: C-

  • no set up - bad
  • sketchy buy - catching the falling knife
  • price action before the drop and VWAP there gave me the idea
  • drawdown was tough to hold on this, especially after taking a loss on Trade 1
  • felt a lot better once this went green for me but decided to go BE since this wasn't my set up
  • considering taking the quick profits but didn't and BE hit just like that (more FOMO)

 

Trade 3 - Long 1 MES @ Fakeout + No Set Up + Revenge Trading

Grade: D+

  • no set up at all - bad - purely revenge trading
  • limited my size to 1 contract - good
  • BE stop right away because I knew this was a forced trade
  • unnecessary - avoid

 

Trade 4 - Short 2 MES @ 21 EMA Trap + Key level + Subpar Set up + Bias + Know the Day

Grade: C-

  • technically a playbooked set up - good
  • however, I need to Know The Day - today was a choppy range so far and I'm trading for trend continuation at the lows off of bullish range fakeout play!
  • forced trade - right after 10am - revenge trading - bad
  • I knew right away that I didn't feel good about this trade

 

Trade 5 - Short 1 MES @ Range Fakeout + Aggressive Entry + Know The Day

Grade: A-

  • other than Trade 1 - this is how I should have been trading the day
  • Trade 1 I can justify taking for trend continuation because of the premarket momentum, but after that, once realizing it was a choppy morning, I should have been looking for range fakeouts
  • half size because of the uncertainty I now had from forcing Trades 2, 3 and 4
  • this was a set up I should have went full size on, considering my overall short bias (15 MIN)
  • the three trades in the middle of the chop were just added stress and trying to force money out of the markets - remember don't trade too hard
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