Navigating a Challenging Week Day trading the SPY (S&P 500 ETF) tests your discipline, patience, and resilience. Today’s session was a rollercoaster of mixed signals , leaving me with two stopped-out trades and valuable lessons. After a week of multiple losses, I’m feeling the emotional weight, but I’m determined to reset and come back stronger. In this post, I’ll recap my SPY trading session, share why my trades didn’t work, and offer actionable tips for aspiring traders to overcome setbacks and rebuild confidence. Today’s SPY Trading Session: The Setup SPY opened with a gap down and spiked on the first 2-minute candle. Despite the initial surge, I stayed patient, noting that the 8, 21, and 48 EMAs were below the 200 EMA , signaling a higher probability of a pullback than a sustained upward move. I waited for the 15-minute range to form before acting. Key Observations: The gap down and early spike suggested volatility but not a clear trend. EMAs (8, 21, 48) below the 200 EMA indi...
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