SessionWednesday, September 2, 2026· 1h 11mMembers only

A CRDO Re-Entry and a JNJ Short Carry the Morning

Our desk worked CRDO around a daily moving-average level twice — long, out flat on the first attempt, then back in lower and scaled the second one all the way out for the best trade of the session. A JNJ short was started early into all-time highs, the desk said plainly that the average was worse for it, and it was still scaled out in thirds into VWAP. Dell was the name that kept taking money back, and the desk eventually stood down from it.

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The morning in figures

Trade ideas (16 legs)

55.6%

Win rate (trades)

5 / 0 / 4

Win / flat / loss (trades)

−0.38

Net points / share

+0.16%

ROCE

Net points are per share. Apply your own size to get your own number: at 1,000 shares, 0.38 points is −$380.00. At 100 shares it is −$38.00. At one share it is −$0.38. 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

A level that rejects you once is still a level — re-entering lower with the same thesis is not revenge, it's better pricing.

If a name's spread feels unnatural on a small size, it will not feel better on a full one.

Scaling in thirds turns a poor entry into a manageable trade; waiting for one clean exit turns a good one into nothing.

Starting a position early against a strong trend costs you on the average — know you're paying for it before you do it.

A trailing stop on the last piece is a way to stay in a move without needing to be right about where it ends.

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.