$ES $NQ day trade recap 1/27/25
Took 2 trades today with 1 failed short and 1 successful short and ended the day with some profits. With such a major sell-off during the overnight/premarket session, I would expect increased volatility and choppiness during the regular trading hours. I already knew I would need to reduce my position size risking less capital per trade while keeping the same 5 pts SL max and 25 pt SL max for each ES ct and each NQ ct, respectively. I personally like trading when there is an increased volatility with patience and proper risk management as I will know quickly if I'm correct or incorrect with my thesis, then just follow my 3 losses max/day rule. Luckily, the 2nd short worked out great giving me 3R+ trade which took care of the 1st failed short. Will likely come back to normal position size if the volatility diminishes a bit going into tomorrow. If you're curious to see my trading plans and how I trade with a tight group, don't hesitate to join my discord link in the bio.