Futures rollover:
Two MGCJ5 contracts sold at a price of 3039.3.
Two MGCM5 contracts bought at a price of 3066.0.
SL = 2984.3
Total MGCM5 position is now long 2 contracts.
Stop-Loss for the entire position is now at 2984.3.
TMT
Futures rollover:
Sixty-eight METH5 contracts bought at a price of 1979.955882.
Sixty-eight METJ5 contracts sold at a price of 1990.
SL = 2566.50
Total METJ5 position is now short 68 contracts.
Stop-Loss for the entire position is now at 2566.50.
TMT
New trade:
Three 6LK5 contracts bought at a price of 0.176033.
SL = 0.17460
Total 6LK5 position is now long 3 contracts.
Stop-Loss for the entire position is now at 0.17460.
TMT
Position add:
Two MHGK5 contracts bought at a price of 5.0485.
SL = 4.7765
Total MHGK5 position is now long 4 contracts.
Stop-Loss for the entire position is now at 4.7765.
TMT
I was reviewing my playbook when I realized I had bought Micro EUR/USD Jun25 around the same level on 11 March 2025. The trade done just now had doubled my exposure, which isn’t according to my trading plan.
Thus, I sold the six contracts back to the market at a price of 1.0954. What a blunder.
Total M6EM5 position is now long 12 contracts.
Stop-Loss for the entire position is now at 1.0771.
TMT
Position add:
Six M6EM5 contracts bought at a price of 1.0949.
SL = 1.0771
Total M6EM5 position is now long 18 contracts.
Stop-Loss for the entire position is now at 1.0771.
TMT
Position add:
One MGCJ5 contract bought at a price of 3046.2.
SL = 2957.6
Total MGCJ5 position is now long 2 contracts.
Stop-Loss for the entire position is now at 2957.6.
TMT
New trade:
One SBK5 contract bought at a price of 20.02.
SL = 18.98
Another soft commodity added to my list of trading instruments. When the signal comes, I will execute as per my strategy.
Total SBK5 position is now long 1 contract.
Stop-Loss for the entire position is now at 18.98.
TMT
“A fearless trader is not a reckless trader.
TMT
A fearless trader is one who feels the fear (of loss) and goes ahead to trade his plan anyway.”
Position add:
Fourteen M6BM5 contracts bought at a price of 1.2987.
SL = 1.2821
Total M6BM5 position is now long 27 contracts.
Stop-Loss for the entire position is now at 1.2821.
TMT
The Mechanical Trader 