Hit stop-loss:
One ZNM5 contract sold at a price of 111.671875.
See previous post.
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
Hit stop-loss:
Two ZFM5 contracts sold at a price of 108.8671875.
See previous post.
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
Hit stop-loss:
Three MYMM5 contracts bought at a price of 38797.
See previous post.
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
Hit stop-loss:
Four MESM5 contracts bought at an average price of 5237.1875.
My stops in the bond and index contracts got taken out when there was a huge intraday price swing during the morning Eastern Time.
This can be attributed to false news of Trump considering a delay in the tariffs.
Bloomberg: ‘This Is Madness’: The 15 Minutes That Rocked Stock Markets
This sharp spike goes to show how jittery investors are at the moment.
Nonetheless, I have more confidence now that my system positions me on the correct side of the market if and when a trend occurs.
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
Position added:
One MESM5 contract sold at a price of 4939.75.
SL = 5237.0
I entered the order with hesitation, knowing the market is due for a sharp retracement. But I chose to follow my trading signal. The stop-loss will take me out of the market if the rebound occur.
Total MESM5 position is now short 4 contracts.
Stop-Loss for the entire position is now at 5237.0.
TMT
Position added:
One MYMM5 contract sold at a price of 36880.
SL = 38794
Total MYMM5 position is now short 3 contracts.
Stop-Loss for the entire position is now at 38794.
TMT
Position added:
One ZFM5 contract bought at a price of 109.9453125.
SL = 108.8671875
Total ZFM5 position is now long 2 contracts.
Stop-Loss for the entire position is now at 108.8671875.
TMT
New trade:
Three MCLK5 contracts sold at a price of 60.45
SL = 65.05
Total MCLK5 position is now short 3 contracts.
Stop-Loss for the entire position is now at 65.05.
TMT
The contracts have moved faster than anticipated. I have adjusted the Stop-Loss accordingly.
Stop-Loss for the entire MESM5 position is now at 5237.0.
Stop-Loss for the entire MYMM5 position is now at 39752.
Stop-Loss for the entire ZFM5 position is now at 108.8671875.
New trade:
Eight M6AM5 contracts sold at an average price of 0.598675.
SL = 0.6173
Total M6AM5 position is now short 8 contracts.
Stop-Loss for the entire position is now at 0.6173.
TMT
The Mechanical Trader 