Hey Guys,
At the time I'm writing this, the market is near its high from last week. It's been like a pinball for the last week going back and forth in a huge 100+ point range. It's at the top of the range now. It will be interesting to see if it breaks through the ceiling of the range and starts an upward march or if it bounces back down.
I had a few positions get closed for a profit today. One was an MES futures positions (and its stock equivalent). That one brought in a nice profit. Also my stock positions for VIAC and DISCA reached their time limits. Those two didn't have very big profits, but I'll still take them. When I have stock or futures positions that reach their time limits, I like to close them first thing in the morning on the day of the time limit. The second video on this page shows how I do it.
I picked up one new position so far today. It was a futures position (strategy MT 1 for those interested). I also posted its stock equivalent. If you want to follow my futures trades but prefer to trade stock tickers instead of futures tickers, then you can consider the "stock equivalent" trades I post. They're displayed on the Live Positions page. They're indicated with the ticker SPXL. It offers a way to get into the action and honor the back-tested trading approach with a stock ticker, which can be particularly nice on a day when there are no other trades setting up.
If you have any questions or feedback, I'd love to hear from you.