Today’s trading session offered some valuable lessons on patience, bias, and sticking to the plan. The market opened weaker than yesterday, setting a different tone right from the pre-market session. Unlike Monday’s strong recovery and upward momentum, Tuesday’s price action struggled to reclaim previous highs — a sign that sellers were likely to dominate.
🕒 15-Minute and 5-Minute Chart Overview
At the open, prices pulled back to the VWAP (Volume Weighted Average Price) and failed to reclaim prior levels. The moving averages on both the 15- and 5-minute charts pointed downward, signaling short bias. I entered my first short around 25,292 and took about 18 points of profit before price found short-term support. While that trade worked well, impatience crept in soon after — I re-entered too quickly and missed the next stronger move down.
⚡ 1-Minute Chart Execution and Mistakes
On the lower timeframes, I entered long prematurely, hoping for a bounce, but ignored my original bearish plan. Ascending wicks and weak buying pressure should’ve reinforced the short bias. This early long trade cost me both points and focus. Once I realigned with my thesis — that price was showing weakness below VWAP — trades began to improve again. A later long from 225 to 270 was clean and helped recover earlier losses.
📊 Lessons from the Session
The key takeaway today: patience pays. My initial analysis was correct — this was a day for short setups. However, getting caught up in the one-minute noise led to unnecessary trades. Had I waited for confirmation and trusted the higher timeframes, I could’ve capitalized on the late-day drop that played out exactly as expected.
For the day, I ended slightly positive overall. Hit rate was 50%, compared to 82% yesterday. The evaluation account is up about $560 over the last three days — steady progress despite today’s back-and-forth action.
💡 Final Thoughts
Trading isn’t just about entries and exits — it’s about discipline and emotional control. When the plan says “short,” don’t let small pullbacks trick you into going long. The best trades come when bias, timing, and patience all align. Tomorrow, the goal is simple: trade less, wait more, and execute with confidence. 🚀