MNQ BANANA MONKEY
This strategy was presented as a structured intraday MNQ strategy based on predefined entry windows and disciplined execution. For several months, the strategy manager followed that approach consistently.
However, when he deviated from the strategy at the beginning of July and the account suffered a 15%+ drawdown, he acknowledged the mistake, stated that he would return to the disciplined Banana Protocol, and I chose to trust him.
Unfortunately, this latest trade appears to be another complete departure from that protocol, a stop-loss-free short position in MNQ while the market was clearly breaking out of a squeeze, causing more than 35% drawdown so far. This is not the disciplined strategy I subscribed to, and it's extremely disappointing.