July 10, 2025 (2 Trades) (-$46.25)
Overall Grade: D
Day Summary: Today MP Materials exploded on the DOD deal, so naturally I was excited this morning and knew that coming into the open. I spent my premarket sending screenshots, watching videos, etc and not actually preparing for the day. I typically trade poorly when i have a swing/longterm play running and I recognized that, but still attempted to make some money and payed for it because of my focus and mental. The first trade wasn't bad but I manged it poorly and the second trade was just a straight guess, no set up at all, just me 100% thinking about trying tomake money. After taking that L, everything inside of me wanted to fire off another trade but I knew the right thing to do was walk away and as a punishment I made myself do that which ultimately was the responsible decision. So for that, I am happy.
DAILY - ES
5 MIN - ES
TRADES
Trade 1 - Short 2 MES @ 21 EMA Trap
Grade: B-
- playbooked set up - good (however, we were in a range, not trending so not ideal)
- Right idea, wrong timing because this did drop to target (6298.25) not long after I stopped out (see trade 2 screenshot)
- stopped this out for a $10 loss out of emotion which was the wrong idea, however I just didn't feel like I had high conviction on this so maybe it was the right move
Trade 2 - Short 2 MES @ Gambling/Guessing + No Set Up + Thinking About The Money
Grade: D-
- Horrible Trade
- Only thinking about making money
- No set up
- Just, no
- AVOID
- Only reason this is not an F is because I didn't let the loss get out of hand