Autopilot Trading Session: Tuesday Morning Recap

Hello Traders! It’s Tuesday morning, just before 10:00 AM. I’m gearing up to activate the autopilot trading system for a short half-hour session to observe its performance. I’ll be using the standard settings on an 8-range chart for the E-mini S&P, trading a single contract. This session is recorded live, so you’ll see exactly how the system operates in real-time.

A Quick Reminder: Trading carries risks. Only trade with funds you can afford to lose, as the market can be unpredictable.

Profiting from Selling the Market

A question I often get is whether you can make money selling the market (going short) just as you do when buying (going long). 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) at a later date, ideally buying it back at a lower price.
• Profit Calculation: For the E-mini S&P, each tick is worth $12.50, with four ticks making up one point, or $50. This system allows for profits in both upward and downward market movements.

The Importance of Volatility in Trading

Volatility is essential because it drives market movement, impacting your trading success. Here’s why:

• Optimal Volatility: Ideally, the market should move a few points every few minutes, allowing for manageable targets and stops.
• High Volatility: Increases potential profits but also raises risk.
• Low Volatility: Limits movement, making significant gains harder to achieve and often leading to choppy, unproductive trading.

Features of the Autopilot Trading System

The autopilot trading system is equipped with:

• Trailing Stops and Break-Evens: These features help lock in profits as trades move in your favor, 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 autonomously. Here’s a quick summary of the trades so far:

1. First Trade: A profitable trade.
2. Second Trade: A losing trade.
3. Third Trade: Currently at break-even.

We’re about 10 minutes in. I’ll let the session continue for the remaining 20 minutes to see the outcome.

Key Takeaways

• Use of Trailing Stops and Break-Evens: These tools are crucial 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 can accommodate 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 to trade, trailing the stop as needed.

For those interested in the autopilot trading system, visit daytradetowin.com to watch more videos and see if it fits your trading style. The autopilot system is also part of the Accelerated Mentorship Plus program, which includes all our software with lifetime licenses.

Until next time, happy trading!