Like a Dog Chasing Cars.
Intra-Week Update
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We need a 4-5% bounce to get us back above momentum and trend.
Like a dog chasing a car, what will it do if it catches it?
Damn market wont even give us a “black line of doom” to have some fun with!
Current Open Equity = 31.5%
Stop Loss Trigger = 29.6%
Current Closed Equity Return = 29.1%
Our open equity outstanding is ~31% since we started in Dec ‘23. We have been able to capture ~29% returns in closed trades, meaning ~2% open equity still belongs to Mr Market. Until we close the trade it doesn’t yet belong to us!
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