Guidance

Daily Trade Recap: August 5, 2025 – The Importance of Trade Plans

Today was a significant day in my trading journey, and I want to share a crucial lesson that stood out: the importance of having a well-defined trade plan. As I navigated through the trades, particularly focusing on the SPY, I realized how essential it is to set clear levels and execute based on those pre-determined plans. At 9 a.m., I developed a trade plan that guided my actions once the market opened.

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