Position Resolved — $RIO (Rio Tinto) · June 4, 2026 · Kuala Lumpur
Thursday June 4 closed one chapter.
Rio Tinto entered the book in the $84 area. It ran to $112. Tonight the stop at $105 to $106 executed at $104.97.
The gain on a full position from the $84 area to $104.97 is approximately $20 per share. The stop trail captured the bulk of a move that took multiple swings to build. That is not a loss. That is a trend being respected from entry to exit.
The Setup Going In
This morning’s handover named RIO as the one thing that could not wait. Three consecutive down days from the $112 high. The daily 20 EMA at $105.70 rising steeply beneath. Stop confirmed live in the broker before the session opened.
The intraday low was $105.55. The stop held through that test. Then in the final hour price broke through $105 and the GTC executed at $104.97.
It was that close.
Why This Exit Matters
The INTC stop trail was documented as a checklist miss. The trail from $105 to $112 was not moved in time. That error was written out honestly in this journal and the lesson was carried forward.
RIO did not repeat that error. The stop was placed. The stop was live. The stop executed.
That is the correction of a specific mistake, made real in a subsequent trade. That is what the journal is for.
The Beijing framework thesis was real. The Iran commodity positive thesis was real. The position ran from $84 to $112 over multiple swings and gave back $7 from the high to the stop. That is acceptable management of a full position across a long trend. The trend gave everything it had. The stop took the exit when the trend could no longer hold.
What the Book Looks Like Now
NET closed at an all-time high of $275.41 today. On the same session AVGO fell 15% and both CRWD and PANW sold off after earnings beats, Cloudflare made a new all-time high. The stop is $240 to $245 GTC. The position entered at $213 on May 28. It is running on house money.
AME held above its daily 20 EMA in a difficult tape.
Three slots are now open. The weekend review will find the next entry.
After the Close is a personal trading journal, one trader’s process written out loud. Nothing here is financial advice, a recommendation, or a solicitation of any kind. The author holds positions in some of the securities mentioned. Markets can and do go against any trade, including every one described here. Do your own research. Talk to a licensed adviser if you need one. And always, always know where your stop is before you enter.
The stop is not a suggestion. The stop is the trade. 🛑