“The moment I put on a trade, it is already beyond my control. It is useless to worry over the outcome. All I can do is to put in a protective stop, and limit the risk I take.”
TMT
It is beyond my control
Reply
Monthly Archives: March 2025
SHORT Cotton No. 2 May25
New trade:
One CTK5 contract sold at a price of 65.14.
SL = 67.03
Total CTK5 position is now short 1 contract.
Stop-Loss for the entire position is now at 67.03.
TMT
LONG 5-Year T-Note Jun25
Position add:
One ZFM5 contract bought at a price of 108.4375.
SL = 107.65625
Total ZFM5 position is now long 3 contracts.
Stop-Loss for the entire position is now at 107.65625.
TMT
LONG 5-Year T-Note Jun25
New trade:
Two ZFM5 contracts bought at a price of 108.046875.
SL = 107.296875
Total ZFM5 position is now long 2 contracts.
Stop-Loss for the entire position is now at 107.296875.
TMT
If you are going through hell, keep going
The recent string of losses had left me in a dejected state, but trader Michael Martin’s words sank right into my heart and I was able to find the strength to move on.
For a transcript of the video, click here.
“If you are going through hell, keep going.”
Winston churchill
STOP: SHORT Micro Bitcoin Mar25
Hit stop-loss:
One MBTH5 contract bought at a price of 94785.
Trump names cryptocurrencies in strategic reserve, sending prices up
Another sharp reversal due to Trump.
Checklist:
Was it a planned trade? Yes.
Did I stick by my rules? Yes.
Am I back to a calm state? Yes.
Mind reset… Done. On to the next trade.
TMT
The Mechanical Trader 