[AXI Select] Prop Trading Journal: Hit Target Profit on the First Trade! (April 23, 2026)
[AXI Select] Nasdaq (NQ) Short Position Trade Journal: Hit the Profit Target on the First Trade!
Hey guys, it's Ricky. I've finally officially started my challenge with the AXI Select prop trading program.
AXI Select is a pretty cool program that gives you the chance to manage real capital once you prove your trading skills. Today, I’m wrapping up my very first trade from April 23, 2026.
📊 Trade Analysis: NQ1! (Nasdaq Futures)
This entry was a strategy focused on catching a breakdown after confirming resistance.
Position: Short
Entry
Logic
- Previous High Resistance: Confirmed strong resistance at a major previous high.
- Whhipsaw Movement: Caught a fake-out pattern where it briefly broke the high and immediately dropped.
- Channel & Volume: Touched the upper bound of the descending channel, followed by a bearish candle with high volume.
📍 Trading Detail
Entry Price: 27,098.13
Stop Loss: 27,170.16 (Set based on ATR to account for volatility)
Take Profit: 26,921.00
Risk/Reward Ratio (R:R): 1 : 2.64
Risk Management: Set at 2.8% of account equity
✅ Trade Result & Review
Realized Profit: +35 USD (Return: 7.04%)
Exit Price: 26,919.63 (0.01 Lot)
👍 The Good: Even though it was a counter-trend trade against strong bullish momentum, I stuck to my risk management rules without getting greedy. My timing on taking profit exactly at the target was spot on.
🤔 The Bad: Since the trade went exactly according to my plan, there isn't much to regret. I'm just happy I started this journey perfectly.
🚩 AXI Select Challenge Status
Current Stage: Phase 0 (In Progress)
Remaining Task: Need to complete 20 trades
Goal Achievement: 100% (Hit the 7% profit target for Phase 0 in just the first trade!)
Now, I just need to keep trading consistently to hit that 20-trade requirement and move to the next stage. I'll stay calm and wait for the next setup. Wish me luck!
Phase 0 (April 23, 2026 – Ongoing)
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