Timothy Morge’s Chartbook

March 25, 2020 Chartbook

Due to increase of continuous to Dec Corn spreads Tim's open order has been adjusted

January 17, 2020 MG Portfolio Trading Portfolio Update

All open positions are exited on the last trading day of the year. This allows students to watch as I start from a blank slate, stalk new positions and build a Portfolio at least once a year.

Closed Positions

Position

Stop Loss

Logical Profit Target

Exit Price

Stop Loss $

Profit

Risk Reward

Long 2 Platinum Futures at $795

Stop Loss at $745

Logical Profit Target at $1065

End of Year Exit: $977.80

Stop Loss: $5000

Profit: $18,280

  3.7

Long 5 Sugar Futures at $10.74

Stop Loss at $10.34

Logical Profit Target at $13.88

End of Year Exit: Last: $13.42

Stop Loss: $2,240

Profit: $15,008

  6.7

Long 4 CME Aussie $ Futures at .6711

Stop Loss at .6635

Logical Profit Target at .7490

End of Year Exit: Last: .7031

Stop Loss: $3,040

Profit: $12,800

4.2

Short 2 CME BP Futures at 1.3450

Stop Loss at 136.50

Logical Profit Target at 1.2055

End of Year Exit: Last: 1.3292

Stop Loss:  $2,500

Profit: $1,975

0.79

Short 5 CBOT Corn Futures at 463

Stop Loss at 476 ½

Logical Profit Target at 373

Exit Price: Last: 373

Stop Loss: $3,375

Profit: $22,500

 6.7

Short 4 Dec Aussie $ at .7051

Stop Loss at .7126

Logical Profit Target at .6727

Exit Price: 0.6727

Stop Loss: $3,000

Profit: $12,960

4.3

Long 3 Cocoa Futures at 2168

Stop Loss at 2077

Logical Profit Target at 2518

Exit Price: 2518

Stop Loss: $2,730

Profit: $10,500

3.8

Long 225 TSLA at 223.03

Stop Loss at $202.59

Logical Profit Target at $355.22

Exit Price: $355.22

Stop Loss: $4,599

Profit: $29,743

6.5

Long Coffee Futures at $95.77

Stop Loss at $ 90.59

Logical Profit Target at $133.13

Exit Price: $133.13

Stop Loss: $1,942.50

Profit: $14010

7.2

 

Portfolio Gains:  $137,776     Portfolio Losses: $0.00     Total Profits or Losses: + $137,776      

Average Risk/Reward:  4.5    Beginning Balance: $100,000   Ending Balance 12/31/2019: $237,776

Position Sizes pre-determined using Equivalent Risk    Minimum Margin Valuation of Account was July 2019 at 84.12 percent

All Entry, Stop Loss and Logical Profit Target orders are announced and the charts [pre-trade] are publicly posted and discussed live at the Market Geometry Simply Trading™ Sessions (currently called Evening With The Master) before the orders are entered at the Exchanges through my brokers.

Current Open Orders

Long 1 Dec 2020 Corn Futures (GLOBEX GTC)
Buy @ 317
Stop Loss 300
Profit Target 438
 

COMING SOON: You can view the current open orders, positions and year to date Profit and Loss figures at the Market Geometry and TimothyMorge.com web pages.

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