Market Recap July 14th - Focused Mind, Tough Market
Hi there, welcome to my prop firm challenge. This is the recap of trading day 29 with my funded performance account.
๐Ÿ“‰ Summary: Monday opened with a gap down โ€“ thanks to Trump tariff headlines and comments from Nvidiaโ€™s CEO over the weekend. Typical Monday: Market looking for direction. Yes, there were bearish signals. Yes, there was pressure in the pre-session. But the overall bullish context hasnโ€™t changed โ€“ just another noisy selloff, emotionally driven. I tried to stay focused, ignored the drama, and traded purely based on technicals. I took three trades:
  • Two controlled losses
  • One break-even
๐Ÿ“Š Market: We opened with a gap down, driven by news โ€“ again. Thatโ€™s becoming a pattern. Welcome to emotional markets and perfect conditions for insider games. Some bearish signs were visible:
  • A bearish imbalance at the top
  • A new pre-session low
  • The open was at the value area low compared to Friday
But letโ€™s be clear: Volume was still accumulating at higher levels. The bullish context remained intact. The market just needed to absorb the panic before moving forward.
๐Ÿง  Lessons Learned - First of all: I wasnโ€™t in a great mental state. Some private issues clouded my focus โ€“ not ideal trading conditions. But Iโ€™m proud to say: I stuck to the plan. I traded my setup. I followed my stops. I didnโ€™t chase or revenge-trade.
  • First trade: Technically solid, just unlucky โ€“ stop was hit by one or two ticks.
  • Second trade: Entry too early. I didnโ€™t wait for the confirmation I needed. That oneโ€™s on me.
  • Third trade: I saw buyer absorption, market didnโ€™t move. I lost confidence and scratched the tradeโ€ฆ...only to see the market move in my direction shortly after. Classic.
Despite the red day, I feel more confident with my setup. My decision-making is improving. My risk management is tighter. It's all about consistency and clarity โ€“ even when things donโ€™t go your way.
๐Ÿ“ฉ That was my recap for the last trading day. If you like this type of content, give it a like or leave a comment below!
  • Whatโ€™s your opinion on my decision-making?
  • Ever missed a trade because your head wasnโ€™t 100% in the game?
Let me know โ€“ Iโ€™d love to hear your thoughts.
See you in the next one โ€“ Bye Bye ๐Ÿ‘‹
Nicolas
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If you're interested in improving your trading, sharing experiences, and not walking the path alone, come join our LIT Day Trading Community โ€” a place where motivated traders grow together.
Want to know more? Book a call with me โ€” Iโ€™d be happy to talk with you about the Robert Rother Community and our trading approach.
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Nicolas Molina
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Market Recap July 14th - Focused Mind, Tough Market
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