dreezyreeve's /MNQ Trade $0.00

Got it 100% — I’ll only use the trading notes written on the screenshot (April 14) to build your:

1. ✅ Refined Trade Execution Checklist

2. 📜 Updated Trading Rules

Let’s lock it in:

✅ Refined Trade Execution Checklist (Based on April 14 Notes Only)

🔎 Entry Prep

•  Look for the first presented FVG on the 1-minute or 15-minute timeframe

•  Confirm the FVG aligns with a clear displacement move

•  Identify the first candle that taps into the displacement gap to determine entry location

🎯 Entry Plan

•  Enter using a limit order at the origin of the first clean FVG

•  Do not enter on the second or third touch of a displacement-based FVG

•  Ideal entry is the first structure shift candle into the displacement (use 5-minute to validate structure)

🛡️ Stop Loss Management

•  Place stop loss just above the highest wick of the first 1m candle that formed the FVG

•  Avoid placing stops from areas far above the displacement — keep them tight and relevant

📊 Risk & Size Management

•  Use a 2.5R risk profile with a tight, mathematically validated stop

•  Ensure risk multiple aligns with higher timeframe structure (15m–30m)

•  Use position sizing that allows for multiple entries without exceeding risk cap

🧠 Execution Awareness

•  If you miss the first clean FVG, do not force re-entry from the same displacement

•  Avoid overly aggressive stop placement that exceeds your statistical edge

•  Log the exact variation (1st, 2nd, 3rd) of every FVG entry for future refinement

📜 Updated Trading Rules (April 14 Only)

1. Only enter on the first presented FVG
   – The first tap of the FVG, aligned with displacement, offers highest edge

2. Avoid entering on 2nd/3rd FVG variations
   – Later touches carry significantly reduced edge and increase chance of loss

3. Stop loss must be placed at the candle that created the FVG
   – Do not stretch stops above broader structure unless mathematically validated

4. All entries must pass 2.5R+ filter using higher timeframe validation
   – No setups that can’t be justified from both risk and structure view

5. Aggressive stop placements must be avoided
   – Place stops at logical invalidation zones, not tight "hope spots"

6. Backtest 3rd candle FVG entries vs. first candle setups
   – Log performance by variation type for future data-driven rule refinement

7. If trade invalidates twice, trading day is done
   – Cap entries to 2 per thesis to preserve capital and reduce tilt

8. When in doubt, wait for 5-minute structure shift confirmation
   – Patience > forced entry when edge is unclear

Let me know if you want both April 14 and April 15 checklists in a clean, exportable PDF or working doc format — perfect for a playbook or morning prep.

🔹 Trade #1 – 15-Min Bearish FVG Entry

• Setup: Entry was taken on the 2nd 1-minute candle tapping into the first displacement gap (bearish FVG).

• Stop Loss: Placed above the highest wick of the 1st 1-minute candle that formed the FVG.

• Issue: The 2nd 1-minute candle had continuous downside, but your actual entry was via a 10-minute candle after price already moved lower.

• Reflection: You noted that if you had simply entered on the first 1-minute candle tap, you'd be in profit.

• Concern: Unsure if the trade will work; feeling the weight of needing a win to avoid being done for the day.

✅ Key Takeaways:

• Be quicker with entries—your analysis was correct, but delayed execution reduced R/R and confidence.

• Trust the initial FVG tap and have a trigger method (like a smaller TF break) ready to confirm entry.

• You're letting emotions weigh on a single trade—good awareness of the psychological aspect.

🔹 Trade #2 – Aggressive 15-Min FVG Play

• Setup: Similar FVG concept from a higher timeframe (15m), but this time you used a limit order instead of waiting for confirmation.

• Entry: Entered aggressively from the 1st presented bearish FVG.

• Stop Loss: Placed at top of the 3rd candle variation (more aggressive).

• Reflection: Recognized the trade as coin-flip probability despite mathematical appeal. You minimized risk, but trade still failed.

• Lesson: You wrote that you should place stops at the bottom of the 3rd candle variation next time to give the trade more room.

✅ Key Takeaways:

• Mathematical edge doesn’t replace proper confirmation and structure alignment.

• Aggressive entries need to be balanced with confirmation or higher R/R scenarios.

• You've realized where your stop was too tight and are actively tweaking future executions.

⚖️ Risk Management + Mindset Notes

• You're conscious of daily loss limits and mentioned you'd stop after a second loss.

• Noted you were sized for a 4.7R multiple return, which shows a focus on high R setups.

• You’re evaluating the trade idea vs. execution quality, which is a sign of growth.

🧠 Overall Meta Takeaways:

1. Refine Triggering Mechanism: Whether on the 1m or 5m, define exactly how you’ll enter the FVG—candle structure, volume, or another indicator (like TTM squeeze?) to confirm the tap is valid.

2. Execution Timing Is Key: Your analysis was solid, but you missed the "A" entry. Consider setting alerts or pre-marking levels where price interaction is likely.

3. Balance Aggression with Confirmation: Aggressive limit orders can work, but only when paired with clean HTF structure and confluence.

4. Emotional Discipline: You're doing well by maintaining structure and journaling honestly. Awareness of emotion (fear of a second loss, questioning yourself) is the first step to mastering it.

Would you like help building a playbook template from this trade that includes:

• Setup criteria

• Ideal entry structure

• Confirmation triggers

• Risk parameters

• What not to do (based on this example)

That could turn into a powerful tool to stay consistent.

4o