TMT
Experienced a lot of whipsaws lately. This song came in handy to remind me of the important aspects of trend following.
TMT
Hit stop-loss:
Nine M6AH5 contracts bought at a price of 0.6275.
News: Dollar Tumbles on Potential Trump Holds Off on Immediate Tariffs
Seriously, these FX futures trades are bleeding me out.
But as Yoda would say, follow the rules, I must.
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 6CH5 contracts bought at a price of 0.70025.
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 M6EH5 contracts bought at a price of 1.0405.
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 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
Position add:
One ZCH5 contract bought at a price of 481.
SL = 467
Total ZCH5 position is now long 4 contracts.
Stop-Loss for the entire position is now at 467.
TMT
Hit stop-loss:
Two ZFH5 contracts bought at a price of 106.171875.
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:
One MYMH5 contract bought at a price of 43174.
(Stop-Loss was triggered at 43195, but order was filled at 43174.)
Cooler CPI print made the market rally higher.
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 add:
Three MCLH5 contracts bought at a price of 77.48.
SL = 74.24
Total MCLH5 position is now long 9 contracts.
Stop-Loss for the entire position is now at 74.24.
TMT
The Mechanical Trader 