Great day. Took one trade and it was a nice winner. Captured R3 in profits.
It’s nice going into the weekend green.
I entered right after Michigan Consumer Sentiment came in much worse than expected and when the ES and NQ formed my edge: the cusp trade with a double validation at 10.08 a.m, I took it, fairly confident we were heading lower given what is happening in Israel and the weekend coming up.
I love it when my thesis for the day comes correct, why can’t I be a prophet everyday?
The answer being the market seldom does what you believe it should, and that is a lesson to never forget.
I hope you the reader were able to capture some of the 55 points the ES shed on it’s way down.
I’ll tell you an important moment in my trading career when I started consistently finishing in the green from a trader that wasn’t: it was when I stopped caring about the trade I was in.
Let me expand on this a bit: