20220228
Short 3 MES 4342.75, 4342.75, 4342.75,+8.0, +8.0, +8.0,
Long 3 MNQ 14033.0, 14033.0, 14033.0, +55.25, +55.25, +55.25,
Short 3 MNQ 14139.25, 14139.25, 14139.25, -5.25, -5.25, -5.25,
Short 3 MNQ 14149.75, 14149.75, 14149.75, +55.25, +55.25, +55.25,
Long 3 MNQ 14043.50, 14043.50, 14043.50, -5.25, -5.25, -5.25,
Long 3 MNQ 14041.25, 14041.25, 14041.25, -5.25, -5.25, -5.25,
Long 3 MNQ 14047.75, 14047.75, 14047.75, +55.25, +55.25, +55.25,
Total MES +24.0
Total MNQ +450.0
My current Automated Trade Management Strategy target setting of +55.25 is strictly mechanical. I actually moved the default target of my OCO order to approximately this number when I was still trading the larger, Emini sized NQ contract--just to get the target out of the way for manual management purposes.
And then.... the volatility hit current extremes, and now I find that trading small lots of the Micro's might demand I move it again, as 50 point swings in the Nasdaq Index has almost become routine... ...but staying in an initial position as price makes these extremely volatile, whipsawing turns is very challenging, and requires a good bit of tolerance for stop-outs... who knew...