April 24, 2025 Recap

Quick, simple, amazing day, yet somehow also infuriating.

A reminder of this mornings plan. Dips to the ribbon were to be bought with an expected move up to the call trigger (blue line)

Zooming into the 3m chart. We got 2 candles pushing down into the ribbon at the open but ultimately holding the 3/48 // 10/21 // PDC. The 3rd 3m candle formed a bullish engulfing candle off the PDC and closed above the 3/21. This was confirmation enough to get in.

I put the bid in, and thought I was filled. I didn't realize I wasn't until 3 mins later! I made the choice to enter anyway given the probabilities called for a move up to the call trigger.

But by getting in higher than I planned, I opened myself up to a larger drawdown before I'd be proven wrong. I felt angst about that, and this exposure shortened my patience to wait for the planned profit target. I ultimately got out early because I was content with the days profit... There have been too many times I've waited for a take profit, only to have enough green, turn into red. So, I'm always going to be happy 'paper handing.' At least for now. I exited my last contract at 16.5% vs 29.5% if I'd waited for the planned exit.

However, if you asked me in the morning if I'd be happy with my profit on the day, I'd say 1000% yes. I'm trying my hardest to focus on the positives: I had a plan. I entered according to plan. I exited early. But, still content with the nominal outcome. My goal is to build confidence. Get consistently green, then focus on getting more out of each trade. But for now, consistency is the focus.

In the past, I'd get annoyed and try to make back what I left on the table. Which of course never works out. I'd allow myself to go from a green day, to a red day, chasing "owed" green. I'm incredibly proud that I took the one trade, was content and used the day to focus on my other jobs.