The session drew down +6.93% off the cumulative total P&L, resulting in a net loss of $9,199.13. Despite a respectable win rate of 67.9% with 72 wins and 34 losses, the algos faced considerable challenges, highlighted by a gross profit of $14,993.24 (38.3% of total gross) against significant gross losses of -$24,192.37 (61.7%). Average gains from winning trades stood at $208.24, while losing trades averaged -$711.54, showcasing a profit factor of 0.62. In light of these results, AI Sentiment reflects a positive outlook, yet the prevailing low_vol regime indicates traders should expect continued market fluctuations. Key adjustments are underway, with recommendations to implement daily loss limits and to block ineffective trading windows showing steady negative performance. Notably, the recent volatility has prompted advisories to mitigate trading during certain hours where losses are predominant, particularly in the early morning. Major news events have included Rigol Technologies' international offering, where a significant 24.8 million H shares are up for bid, drawing market attention as maximum bid prices are set at HK$45.98 per share. While there are no high-impact economic events or major earnings releases expected in the immediate term, traders are processing these developments with caution. The intricate balance of volatility and positive sentiment will require ongoing adjustments from our trading algorithms.
**Market Volatility Persists as Algos Adjust to Recent Losses**
Enjoyed this briefing?
Get the pre-market brief and market recap delivered to your inbox every day — free.
