MNQ Chart
The first trade came early in the morning and was a win. The first contract hit the target for +30.25, and I let the runner continue until it crossed the red line, closing at +21.25.
The second trade was more difficult and gave an early sign that it might be a rough day. Price moved past the green line but quickly reversed, resulting in a loss of -23 on each contract.
The same pattern repeated on the third trade, which ended at -28.50 per contract.
The fourth trade followed a similar outcome, with a loss of -34 per contract. At this point, the morning had clearly turned rough and discouraging. The Nasdaq-100 Index is currently at all-time highs, which may be contributing to the choppy behavior.
The fifth trade came at 10:40 AM and was another loss. Price failed to continue downward despite the momentum setup, resulting in -19 per contract.
I waited for one final opportunity. The sixth trade came at 12:15 PM and was a long, but the market remained slow and never reached the target. I closed both contracts at +13.25 each.
Overall, today ended as another losing day, which is tough. I haven’t traded much this month, and I have hit every losing day. It’s frustrating, and I need a couple of solid days to turn things around.
Total Profit: $-261.44

