Long this morning ER 723.8, sell-stop set at 728.8 for +5pts which was below the daily pivot point. Should have easily tagged the pivot like all other eminis did, have me out at +5pts and done for the day.
Nope... ER was the lone dissenter on hitting that magnet. Missed that print by three mere ticks. End result was +3pts on a trail. Three more short trades all came out at par. If the tape slows down any further than this, it'll slip right into a coma. Is the VIX at 10 again?
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Admin note: this account is cross-margined off a primary account. It did not have an actual starting balance, for those who asked. Assume we began with $2,500 initial. If we go backwards to what would be $500 remaining on that mark from here, consider the account blown out and our experiment has failed.
For each +25pts ER logged here, we'll add another contract. In the next day or two we should be turning 2-lots, then eventually 4-lots, 8-lots and up. We'll max out somewhere around 40 ER contracts eventually, unless we blow out first :eek:
+3pts ER cumulative, four round turns