“Trades go where they need to go.
TMT
I have no control over their direction.
The sooner I accept this fact, the better my life is.”
Trades go where they need to go
Reply
Monthly Archives: March 2025
SHORT Canola May25
Position add:
One RSK5 contract sold at a price of 562.6.
SL = 601.0
Total RSK5 position is now short 3 contracts.
Stop-Loss for the entire position is now at 601.0.
TMT
LONG MXN/USD Jun25
Position add:
Three 6MM5 contracts bought at a price of 0.04952.
SL = 0.04854
Total 6MM5 position is now long 6 contracts.
Stop-Loss for the entire position is now at 0.04854.
TMT
LONG Micro Gold Apr25
New trade:
One MGCJ5 contract bought at a price of 3001.8.
SL = 2909.8
Total MGCJ5 position is now long 1 contract.
Stop-Loss for the entire position is now at 2909.8.
TMT
LONG Micro Copper May25
New trade:
Two MHGK5 contracts bought at a price of 4.9065.
SL = 4.6255
Total MHGK5 position is now long 2 contracts.
Stop-Loss for the entire position is now at 4.6255.
TMT
STOP: LONG Micro Henry Hub Natural Gas Apr25
Hit stop-loss:
Two MNGJ5 contracts sold at a price of 4.017.
I have come to accept that not all trades will pan out as expected. In fact, based on my system, a majority of the trades will not. This is the reality that traders live in – a world of uncertainty and the unexpected.
Checklist:
Was it a planned trade? Yes.
Did I stick by my rules? Yes. (I always limit my loss to 1R. Never more.)
Am I back to a calm state? Yes.
Mind reset… Done. On to the next trade.
TMT
LONG MXN/USD Jun25
New trade:
Three 6MM5 contracts bought at a price of 0.04902.
SL = 0.04804
Total 6MM5 position is now long 3 contracts.
Stop-Loss for the entire position is now at 0.04804.
TMT
ROLL: SHORT Micro E-mini DJIA Mar25 > Jun25
Futures rollover:
Two MYMH5 contracts bought at a price of 41334.
Two MYMM5 contracts sold at a price of 41666.
SL = 43452
Total MYMM5 position is now short 2 contracts.
Stop-Loss for the entire position is now at 43452.
TMT
ROLL: SHORT Micro E-mini S&P 500 Mar25 > Jun25
Futures rollover:
One MESH5 contract bought at a price of 5591.50.
One MESM5 contract sold at a price of 5642.75.
SL = 5977.25
Total MESM5 position is now short 1 contract.
Stop-Loss for the entire position is now at 5977.25.
TMT
SHORT Canola May25
New trade:
Two RSK5 contracts sold at a price of 581.8.
SL = 618.6
Total RSK5 position is now short 2 contracts.
Stop-Loss for the entire position is now at 618.6.
TMT
The Mechanical Trader 