Over the last two weeks, M Trader delivered a strong, high-activity performance cycle across CL, ES, GC and NQ. The strategy capitalised on sustained momentum legs and clean continuation phases, generating a combined result of approximately $22,665 over 10 trading days. Five sessions closed positive and five negative, reflecting an active, volatility-driven environment with large swings in both directions.

This report summarises how M Trader handled these conditions, which markets contributed the most, and where the biggest winning and losing days occurred during the 2025-11-10 to 2025-11-21 period.

Market Contribution Overview

The performance for this cycle was led by GC and ES, with NQ adding a smaller but still positive contribution, while CL finished slightly negative overall:

• GC: +$11,770 – primary driver of the period, supported by several strong trending sessions.
• ES: +$9,750 – delivered a solid series of momentum continuations and intraday legs.
• NQ: +$2,685 – contributed positively, with a mix of strong and corrective days.
• CL: –$1,540 – small net drag on the period, with results fluctuating around breakeven.

This distribution shows that most of the edge during this window came from GC and ES, with M Trader efficiently capturing smooth expansions in those markets, while CL remained more challenging and NQ produced a mix of strong trends and sharp shakeouts.

Daily Performance Characteristics

On a day-by-day level, the equity curve for this period was characterised by several very strong sessions and a few deep pullbacks. The daily PnL ranged from a maximum of +$12,350 to a minimum of approximately –$8,017.50.

Best Sessions

• November 13: +$12,350 – the strongest day of the cycle, driven by aligned momentum across multiple markets.
• November 17: +$7,602.50 – a high-conviction trend environment where M Trader captured extended legs.
• November 14: +$6,060 – strong follow-through, especially from GC.
• November 19: +$5,037.50 – another clean momentum session, adding to the cumulative gains.

Challenging Sessions

• November 18: –$8,017.50 – the most challenging day, with adverse moves cutting into open momentum across several markets.
• November 20: –$2,092.50 – a corrective session following prior gains.
• November 10 & 11: modest negative days that set up the stronger move that followed from the 12th onward.

Even with a couple of heavy down days, the strong upside on the best sessions more than compensated, leaving the strategy firmly positive over the two-week reporting window.

Momentum Behaviour & Strategy Logic

M Trader is designed to exploit momentum and continuation phases rather than picking tops or bottoms. The behaviour observed during this period matches that design: the strategy performed best on days where price extended cleanly in one direction, allowing positions to ride the leg with minimal noise, and struggled more during abrupt reversals or sharp intraday flips.

In GC and ES especially, multi-hour momentum swings allowed M Trader to compound gains, stacking multiple trades that followed the primary directional bias. On the more difficult sessions, such as November 18, the market structure favoured abrupt reversals and fast mean reversion, which naturally puts pressure on momentum systems.

Performance Charts

The visual breakdown of the results – including daily PnL, per-market contribution, and grouped performance per day/market – can be viewed in the chart section below.

Summary & Outlook

Overall, this bi-weekly period was clearly favourable for M Trader: strong momentum days in GC and ES dominated the statistics, and despite a few sharp drawdown sessions, the net result remained firmly positive. With total gains of around $22,665 across 10 sessions and a balanced mix of up and down days, the profile is consistent with an aggressive momentum engine operating in a volatile market phase.

If similar volatility and directional structure continue into the next cycle, M Trader is well-positioned to keep taking advantage of sustained intraday moves, particularly in GC, ES, and NQ.

Learn More

For setup instructions, parameters and usage tips:
M Trader – Setup, Signals & Pro Tips