Trading Day Recap - Wednesday, 3/12/25

My trading has been so scarce lately that I’ve almost forgotten how to post on Substack. LOL.

I don’t know how you the reader have been trading but with constant breaking news and zig zag market action I have found it better to remain on the sideline than get taken out immediately although I have missed out on some big moves. I hope you have been profiting from this volatility though.

Today I decided to take a trade after not participating in the market for almost a week because I saw a headline and my Edge formed perfectly.

Even though CPI came in much cooler than anticipated and the market rallied pre-market I wanted to see how the market would play out given all of the headlines about tariffs dominating the market. Right at the market open I saw a tweet about Canada reciprocating with tariffs and this made me pause.

The market opened, rallied for a bit, hit the PDH - previous day high and started to retrace. It sold off for a bit and then came back to the EMA at 9:52 a.m, this is where I shorted the ES and let my trade run. Eventually the trade hit my R3 profit target and I called it a day.

I will try and engage a lot better with the markets going forward. Even though breaking news can make the market go nuts, if there is an opportunity when my Edge appears I should take the trade. After all you never know what can happen.

I don’t have the faintest idea of the long term prospects of the US economy or the stock market but I can tell you this without a shred of doubt - This volatility is going nowhere.