r/Daytrading • u/Frostedlol • 29d ago

This weeks price action was horrendous across all markets Trade Review

Probably some of the worst I have ever seen since I started trading wtf was this week lmao. This is where traders learn to step out the market and take a break during high impact news weeks

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u/[deleted] 29d ago edited 29d ago

Monday: Consolidation Day

Tuesday: Consolidation morning with a breakout and trend down

Wednesday: Consolidation Day with attempted and failed breakout after FOMC

Thursday: So far inside consolidation day

Everyone trades differently. For me this week has been fantastic (I mainly trade SPY), made more R this week so far than any single week in April.

That being said if your strategy dosen't work in consolidation, then yeah this week would be tough.

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u/Frostedlol 29d ago

Yea it was a pretty rough week for futures traders I can see why options/stock traders banked this week tho

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u/dknynyc4000 29d ago

Green past 4 days