SessionFriday, August 21, 2026· 1h 13mMembers only

An MRVL long held to the stop undid a morning of clean scale-outs

Most of the session ran the way our desk drew it up — gap-fill and level reclaims in GOOG, INTC, AMZN and RKLB, scaled out in thirds. What turned the morning was the last trade: an MRVL long off the low-of-day thesis, taken with a stop far enough away that when it went, it took back more than the earlier scale-outs had built. HOOD also cost the desk twice on the short side before it was left alone.

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The morning in figures

Trade ideas (19 legs)

70%

Win rate (trades)

7 / 0 / 3

Win / flat / loss (trades)

−1.03

Net points / share

-0.35%

ROCE

Net points are per share. Apply your own size to get your own number: at 1,000 shares, 1.03 points is −$1,030.00. At 100 shares it is −$103.00. At one share it is −$1.03. 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

Size to the distance of your stop, not to your usual share count — a wide stop at full size makes one trade the whole session.

A second entry in a name that just stopped you deserves a smaller position, not the same one.

Saying out loud that you are skipping the third attempt is a real decision, and it is easier to hold to once spoken.

Scaling out in thirds with a break-even stop on the remainder let the desk hold runners without giving back the work.

Closing a position early because the whole tape is turning is a legitimate exit, even with the target still in sight.

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.