SessionThursday, August 20, 2026· 1h 11mMembers only

An Apple scale-out and an RKLB long set the tone

The desk started HOOD small on the cross, added into it, and when the bounce came in weak moved the stop to break even and let it go rather than argue with it. The better trade was Apple crossing back through the lower band, scaled out in thirds up to VWAP with the stop trailed behind each piece. RKLB was taken long off a double bottom at a pivot with a tight stop underneath, targeting just under VWAP and closed there.

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The morning in figures

Trade ideas (8 legs)

60%

Win rate (trades)

3 / 0 / 2

Win / flat / loss (trades)

+0.68

Net points / share

+0.46%

ROCE

Net points are per share. Apply your own size to get your own number: at 1,000 shares, 0.68 points is $680.00. At 100 shares it is $68.00. At one share it is $0.68. The desk publishes the move, not a dollar result, because the dollars depend entirely on how you size, and that is your decision rather than ours.

Every trade called that morning

Losers included. Rows with more than one leg were scaled out; open any row to see each exit.

Said on the day

Starting partial and adding only on confirmation lets you be wrong cheaply.

A break-even stop on a weak bounce is a decision, not a rescue.

Scaling out in thirds keeps you in the move without needing to call the top.

When a target is met, take it — the bigger push afterwards is not yours to regret.

Size down when ranges tighten, and size back up before the tape widens, not after.

Hypothetical performance disclaimer

Figures shown reflect trades called on the TrueTrader desk, tracked on a model portfolio — they are not the trading results of any member's account. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Trading futures and options on futures is highly leveraged and carries a substantial risk of loss that is not suitable for all investors. You can lose all — and potentially more than — your initial investment. This page is for educational and informational purposes only and is not individualized investment, trading, financial, legal, or tax advice, a recommendation, or an offer or solicitation to buy or sell any futures contract or commodity interest. Past performance is not necessarily indicative of future results.