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Mentor Mike’s POV Auto-Trading is officially launched and off to a GRAND-A-DAY start – Monday, 2/2/15

Mentor Mike’s POV Auto-Trading is officially launched and off to a GRAND-A-DAY start – Monday, 2/2/15
 

Our first two live POV auto-trades were both successful and I think we hit our goal of $1,000 net per 9 contracts. I say “think” because I didn’t have Ninja set to deduct a transaction cost until half way through the process.

Attached are screencaps of my chart and performance summary. They both show a net of $1,322.50 and the summary shows commissions of -$190. Based on $20 all-in per contract, my total costs should be -$360. So, most of the costs on the first trade didn’t get deducted. If I subtract 170 (360 – 190 = 170) from $1,322.50, the more accurate net would be $1,152.50.

Some of my stalwart students were practice trading with me earlier when I got Striker’s emails about going live. I had planned to bring them back onboard once I got the dedicated trading computer up and running but there wasn’t time. I saw the market poised to drop like a stone and didn’t want to risk missing those beautiful short trades. Don’t worry, GADGETS. You’ll be there with me tomorrow.

This is exciting. Our thanks to all of the good guys at Striker for this great opportunity to help people make money in the market.

Today’s Charts

Here are today’s screen captures.  They may include my personal chart, the TRADING ROOM demo platform, charts submitted by students and/or my running intraday Elliott Wave count in the S&P Emini.  Please click on a chart to make it larger.

Chart #1

Chart #2

 

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