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Live Trading System Signals on 02/07/2024

The live trades on the 250K Portfolio was -$925 while the hypothetical results were -$1,177.50.

The hypothetical results for the Stock Index Portfolio 27 Micro was -$1,810

The hypothetical results for the Stock Index Portfolio 27 Micro was -$178.50

We have anticipated these strong bullish moves as we discussed yesterday. The Nasdaq was up over 180 points on the day. It was frustrating to see three long trades get some harsh stop runs. Robot, Gap Continuation, and Viper all had long trades where the market was fast and sloppy in a downtrend until it hit our stop and then slowed down and firmed up as soon as we were stopped out. Not only were the price levels and timing against us but the behavior in the order book was also against us.

The market gapped up, chopped, and made a 20 minute move from 10:08 to 10:28 am EST in the Nasdaq futures. The rest of the day session was contentious chop. The entire day trade trend today was only 20 minutes. This has been the type of market since November that really favors longer term overnight trades and almost attacks the day trade patterns. We know how the cycles work though and we are moving towards the end of the week which has shown our strategies some favor.

The flashy stop running is interesting considering that the market has also not had a 3% pullback in over 3 months. Considering the nature of the market, I was glad to have minimal losses on the day as some additional long trades in the Nasdaq and S&P as well as Gold went our way. Looking forward to the end of the week trade.

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