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
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
Over the weekend, I had withdrawn my money from Moomoo and posted my margin in Interactive Brokers (IBKR).
Simultaneously, I had reviewed my recent trades and thought about how I can do better. The losing trades are still too small a sample set to invalidate my system. I shall continue to execute in accordance to my rules and review again when I have a larger pool of trades.
Besides a problem on trading permission for some futures (which I am checking with IBKR support), I am good to go.
It is game on.
TMT
“To avoid whipsaw losses, stop trading.”
Ed Seykota
Position add:
One 6CH5 contract sold at a price of 0.69215.
SL = 0.70025
Total 6CH5 position is now short 4 contracts.
Stop-Loss for the entire position is now at 0.70025.
TMT
The Mechanical Trader 