Tuesday Morning Autopilot Trading Session
Hello Traders! It’s Tuesday morning, just before 10:00 AM. I’m turning on the autopilot trading system for a half-hour session to see how it performs. We’ll be using the default settings on an 8-range chart for the E-mini S&P, trading a single contract. This live session will show you exactly how the system operates in real time.
Important Reminder: Trading carries significant risks. Only trade with money you can afford to lose, as markets can be unpredictable.
Can You Profit from Selling the Market?
Many traders ask if they can make money by selling (shorting) the market as they do by buying. The answer is yes. Here’s a brief explanation:
- Selling the Market: When you sell, you agree to deliver the instrument (like the E-mini S&P, oil, or NASDAQ) later, ideally buying it back at a lower price.
- Profit Calculation: In the E-mini S&P, each tick is worth $12.50, and four ticks make up one point, equivalent to $50. This structure allows traders to profit whether the market moves up or down.
Why Volatility Matters
Volatility is crucial because it determines market movement, which is essential for trading. Here’s why:
- Optimal Volatility: Ideally, the market should move a few points every few minutes, allowing for manageable targets and stops.
- High Volatility: Can increase potential profits but also raises risk.
- Low Volatility: Limits movement, making significant gains harder to achieve and often leads to choppy, unproductive trading.
Autopilot Trading System Features
The autopilot trading system includes:
- Trailing Stops and Break-Evens: These features help lock in profits as trades move in your favor, automatically adjusting stops to follow the price.
- Customizable Settings: You can tailor stops, targets, and other parameters to fit your trading strategy and risk tolerance.
- Flexibility: Suitable for various trading styles, whether aiming for quick, small profits or larger, long-term gains.
Live Trading Session Update
During today’s session, I’ll let the system run on its own. Here’s a quick summary of the trades so far:
- First Trade: A profitable trade.
- Second Trade: A losing trade.
- Third Trade: Currently at break-even.
We’re about 10 minutes into the session. I’ll let it run for the remaining 20 minutes to see how it performs.
Key Takeaways
- Use of Trailing Stops and Break-Evens: These tools are essential for managing risk and securing profits.
- Market Awareness: Keep an eye on economic calendars and news events that can affect market volatility.
- Trading Style: The autopilot system accommodates both conservative and aggressive trading approaches.
Session Conclusion
After 30 minutes, the autopilot system reached the daily profit target of $500 and automatically closed the position. If we had set a higher target, the system would have continued trading, adjusting the stop as needed.
If you’re interested in the autopilot trading system, visit daytradetowin.com to watch more videos and see if it suits your trading style. The autopilot system is also included in the Accelerated Mentorship Plus program, which offers all our software with lifetime licenses.
Until next time, happy trading!