Trading Results - Tuesday, 3/18/25
Stayed disciplined and avoided forced trades in a low-opportunity session, as price mostly chopped sideways after an early drop.
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Results for Today - Tuesday, 3/18/25
Trading Journal Entry
My grade for today: A
Thoughts on the Day
Not much action to report today. As I mentioned in today’s Daily Brief, given the potential volatility this week, I decided not to trade my funded account from the combine I passed last week. Instead, I started a new combine account to build up additional funded accounts. It’s always smart to have one or two backups in case you blow a funded account. This week is a good time to start a combine—the volatility could bring opportunities, but it also comes with heightened risk. It’s faster and cheaper to reset a combine than to star the process over to earn a new funded account.
I took no trades today (or yesterday, since I started the new combine today). Due to work, I missed the only significant move—a downward auction from 9:30 AM to 10:00 AM. After that, price chopped sideways for the rest of the session. This kind of low activity isn’t unusual ahead of a major news event, in this case, FOMC and the rate decision tomorrow.
I wasn’t going to force trades in the tight range between VWAP and the prior session’s value area low, where price spent most of the day. As I said in yesterday’s Daily Brief, this is a "survival week" for me. If there are no quality setups, I’m more than fine sitting on the sidelines.
What I Did Well Today
Stayed disciplined and didn’t force trades.
Accepted a boring, low-opportunity day rather than trying to create trades where none existed.
What I Didn’t Do Well Today
Nothing notable—just a quiet day, waiting for a move that never materialized beyond the initial drop at the open.
I hope your trading day today was great. Tomorrow is a new day!