April has been on fire, and this week was no exception.
We came into the week riding strong momentum, and the setups didn’t disappoint. Out of all trades taken this month so far, only one has failed to hit at least one of our targets, giving us a 91% success rate. But this week? We nailed it. 100% of our trades hit their max target ranges, making it the most profitable week of the year for me so far.
Let’s break it down:
Tuesday: NAOV & SXTP
NAOV
This one was on our Tuesday premarket trading plan, and it played out exactly as expected. I waited patiently for the break of the premarket high at $9.42, which was our last point of resistance. As soon as it cracked, I entered and rode the move up to our max target range, locking in profits at $10.94. Clean, simple, and straight out of the playbook.
SXTP
Also from the Tuesday plan, SXTP gave us another textbook trade. Same setup, same rules. Entry was over the premarket high of $3.02, and I exited at $3.70, again at the bottom of the max target range. When a pattern works, I don’t reinvent the wheel, I just follow it with discipline.
Wednesday: AEHL
Wednesday started off quiet… until AEHL hit the scanners. I noticed it was lining up perfectly with one of my favorite patterns, the multi-day consolidation breakout, taught in chapter 10 of 1215 University. Once it broke past the last point of resistance ($4.94), I got filled at $5.08.
Because the small cap market has been so strong this month, I gave this one room to run. I aimed for my max target of $7.12, but it halted up just before hitting it. When it resumed, it opened much higher and I sold at $7.72. Huge win.
Lesson of the Week: Trust Your System
The key takeaway this week isn’t that it was perfect, it’s why it was perfect. I didn’t chase. I didn’t guess. I simply executed the strategies I trust, exactly how they were designed.
A lot of traders get in trouble because they doubt their process. They second guess, hesitate, chase or give into fomo. But when you’ve backtested, refined, and proven your edge, your job is to stick to the plan!
Every setup this week was clean. Every entry was based on clear technical levels. And every exit followed the structure of the daily trading plan.
When the market is hot, you don’t need a ton of trades, you need the right ones, with the right execution.
If you’re struggling to stay consistent or find yourself doubting your setups mid trade, take a step back and ask yourself:
“Do I have a plan I trust?”
If not, it’s time to build one. And if you do, trust it. That’s how consistency is built.
Here’s to another strong week ahead! Stay sharp and stay disciplined.
Happy trading,
Josh