Today was one of those days that reminds me why I love day trading. Despite the anticipation surrounding the FED announcement, the market presented a surprisingly clean trading environment. My strategy was straightforward: I set my technical levels 30 minutes before the market opened, and I stuck to my plan. The main lesson from today is the importance of having a clear trade plan and the discipline to follow it.
I started the day with a short on SPY, capitalizing on minimal risk and a well-defined entry point. The trade was quick, and I locked in $2,040. The key here was not just the technical setup but the confidence in my plan. When the market opened, I was ready to execute on any green candle, and it paid off.
The second trade was a long position, which was the highlight of the day. The market's volatility worked in my favor, and I managed to secure $8,414. This trade reinforced the lesson that patience and timing are crucial. I didn't wait around for the perfect moment; I acted when the opportunity presented itself.
Finally, a quick trade on the Qs added another $2,732 to the day's total. In just 30 minutes, I had made about $17K. While the P&L was exceptional, the trades themselves were routine. They were based on a strategy I've honed over a decade, proving that simplicity and consistency are key.
If you're looking to learn from a seasoned professional, consider joining TrickTrades. With a comprehensive strategy that includes entry, risk, and sizing, you can transform your trading account significantly. Remember, the trades will work if you can follow the direction. Until next time, happy trading!