SHORT CAD/USD Mar25
One 6CH5 contract sold at a price of 0.7072
One 6CH5 contract sold at a price of 0.70045
One 6CH5 contract sold at a price of 0.6962

As of 31 Dec 2024, these are my positions:

SHORT Micro AUD/USD Mar25
Seven M6AH5 contracts sold at a price of 0.6367
Eight M6AH5 contracts sold at a price of 0.6309
Seven M6AH5 contracts sold at a price of 0.6245

SHORT Micro EUR/USD Mar25
Four M6EH5 contracts sold at a price of 1.0384

SHORT Micro GBP/USD Mar25
Eight M6BH5 contracts sold at a price of 1.2487

SHORT 5-Year T-Note Mar25
One ZFH5 contract sold at a price of 106.140625

LONG Corn Mar25
One ZCH5 contract bought at a price of 454.50

Cash is at 93,840.49 USD. On a NAV basis, I am down 4.4 percent since inception.

To be clear, this is not a sim account. This is real money deposited with the broker.

The choice of trading the micro versus the full contract was not intentional. My broker Moomoo supports trading in micro contract of only certain currencies.

Stop-Losses are imperative. When I put on a trade, I will always put in my stop-loss. I know exactly where I must walk away. The value of this rule was recently demonstrated when I shorted the Soybean Meal Jan25 (ZMF5) at 285.4. The trade was in the money initially. The price then staged a sharp V-shaped rebound. I was stopped out at 295. Were it not for the stop, I would have lost much more money as the price climbed higher.

On the other hand, I do not have a Target Price for each trade. There is no specific risk-to-reward ratio. My system does not tell me to take X dollars of risk for Y dollars of profit. As the open profit increases, I will scale my position, up to the allowable risk limit. The position is to be closed only when the trend reverses.

Did I forget to mention I am a trend follower?

Going into 2025, I will continue this patient and disciplined approach – trade only when there is an entry signal, trade only a risk-adjusted position size, and put in a stop-loss everytime.

I will review the performance again at the end of 2025.

TMT