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risk management in day trading

Daily Trade Recap: July 31st, 2025 – Mastering Risk Management in Trading

In the world of day trading, understanding and managing risk is paramount. On July 31st, 2025, Pat Mitchell of TrickTrades shared insights into his trading strategy, emphasizing the importance of adhering to a well-defined plan. The day began with a clear trade plan set at 9 a.m. Eastern, focusing on specific blue levels on the daily chart. These levels, established before the market opened, guided the trading decisions throughout the day.

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THE RABBIT HOLE.

It starts off like any other Monday morning. Your up at the usual time, usual routine, coffee, check the news, look at the pre-market movers, check the $SPY, more coffee, then, you start your morning trading routine, of marking up the levels on your charts, and, hopefully, watching the hyper scan, and deciding on your

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Level Risking

     Hey everyone, This is the first of many blog posts that myself and all TrickTrades moderators will be doing. This will be where we express our thoughts and ideas to you all. Mainly this blog will be headed by Kelvin (Kelvo) but I will still chime in from time to time.    

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