Monday is a losing day for me and I want to know why. I am going through the trades on Monday 10th Dec and I see that the first two trades are impatient entries with no setup.

I am obviouly totally pissed off that the market has risen since the futures open but I am not on board. Even though that anger/fear is below awareness, the trading shows me that I am wanting some kind of revenge here.

The first trade was to sell a spike at the cash open, but there was no level and it’s a Monday so it makes no sense. And then I buy with wide a wide stop – this is a FOMO trade if ever there was one. The real trade was to sell S1 – it only took 7 minutes to set up – during which I had already taken two trade.

Now it seems I am even more pissed off – but can I feel it? Am I aware of it?. There is a nice setup to fade S2 so I …. sell the break and when that gets stopped I go again – reacting to the big red bar.

 These were buy setups if anything – and definitely not a setup that warranted two attempts

So it seems I continue trading setups that are not really there.

Here I saw a J-Lo – but that is a long entry for a continuation trade and then a 3P HLR but there was a LL and it was the wrong context for the trade.

So now I have made six trades without proper setups – actually mistakes although I document them as the trade I thought they were – or wanted them to be – so that I can see my progress on each set up.

So how did I end the day -2R after this calamity?

I took some better trades… including a perfect 3Min BB setup on the afternoon session. These were the trades made after 11:00 which brought the day back from the brink

10:04 Sell x 96 @ 10687 | 169 Fade | P&L = +0.7R
10:14 Buy x 48 @ 10701 | 3P HLR | P&L = 1.1R
10:42 Sell x 81 @ 10712 | 3Min Bolli | P&L = -1R
15:23 Sell x 81 @ 10754 | 3Min Bolli | P&L = +1.7R

The losing trade in this part of the session was a weak 3Min Bolli setup –

Already a lot of trade at the level and the market has no need to sell another love into it.

So this is a new concept I can use – as I continue to trade and to go through this process I can define which setups aren’t worth bothering with and which ones should be traded at double risk.

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