Trade Reflection & Overview – Final Thoughts on the Day’s SetupIn this final video, I’m reflecting on the trade and the key lessons learned throughout the session. Looking back, I realize I should have taken profits when price tested the 9:33 AM fair value gap, which would have given us a nice profit. Although I expected lower prices, considering we had a bearish daily bias, I underestimated the strength of the daily fair value gap, which had already been tapped multiple times. Price held above the 50% level, and that was a strong signal for higher prices.
Additionally, the double top formation near Monday’s buy-side liquidity could have been a target for price, which adds to the case for a reversal higher. Despite missing some potential profit, we ended the day with a total of $50,723.16 in profit.
Looking ahead, the focus is on consistent trades, avoiding FOMO, and maintaining solid setups that make sense. I’m committed to sticking with MNQ for now, refining my confidence in the setups and building a steady rhythm. Once we’re fully confident and have more capital, I’ll look to take on more risk, but for now, the goal is simple — keep it consistent and avoid repeating past mistakes.
This is the year of building profitability and consistency, and I’m ready for the journey ahead.
Trade Overview:
Profit: $200
Account Balance: $50,723.16 for the day
Reflections: Missed opportunity to take profits at key levels
Next Steps: Focus on solid setups, consistency, and avoiding FOMO
Trading Plan: Sticking with MNQ for now, working on building confidence and rhythm.
