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Seems like once in a while shit still hits the fan. I'm ready to bail soon...

I'm joining them soon it seems.

Let's see if someone decided this was low enough in one go. DB potential. Where the hell did the dip buyers go? :) Where's Chilibean?

Please don't pay any attention to me. I have no idea what I'm doing.

The last time we opened down > 50 points on a Monday was the 19th of July and we saw continuation lower on the Open through the Close. Similar prior days have seen larger swings on the Open. This seems overdone at this point, but I suppose the same point could be argued against this bull...

Not a buyer in sight so far... 1.57 % down here from Friday's Close @ 4350. Under normal conditions we should have bounced hard by now, but if shit hits the fans, there's more to go for sure...

This correction is different to prior corrections in that it's slower and more controlled. Prior corrections have been much faster and equally reversed back up quickly. This is just a slow grind lower with no fresh bids coming up...

There's an open gap below @ 4360 that's not fully closed. Might be the target for this leg down in RTH this week. EDIT: The last drop prior to this was 130 points top to bottom. Prior to that 160 points. We're beyond that now at 180 points top to bottom. Unless we're actually seeing...

Trading technically, we should be good for at least a bounce here. If someone wants to sell this, though, all bets are off and we could easily drop much more.

L 84.50. Risk 10. EDIT: That was fast. Holding the stop for now as I'm around to monitor it.

We now have on ES 2 weeks in a row which both closed down on the week (net change), traded from the week high to the week low, closed at bottom of the range and made new lows on the week. That's not happened very many times over the last 16 years or so. I only count 10 occurences of that...

Statistically, September is the weakest month in the stock market. So far, it's playing out as expected with a dip that's larger than the prior dip in magnitude, but still a bit from the one prior to that. If it turns into an actual reversal is too early to tell, IMO. On Wednesday there's the...

Define a beating? If you've been trading the long side making risk free $$$ you should have ZERO worries and be fat on profits by now to handle a drawdown, unless of course you're increasing size and compounding your profits. That's the trouble with this 'method' trading leveraged...

Give some credit where credit is due. This post was made the 31st of August. Two days later the S&P topped out at 4545.85 and is down around 120 points / 2,5 % as of Friday's Close. @volente_00 may not always have traded these calls in the best manner. Sometimes averaging down and seemingly...

Time frame and current volatility, IMO. Unless your execution is perfectly timed - a 2 point stop is more or less a guaranteed stop-out - with a few exceptions of course. Even a 5 point stop would have been challenging on a day like yesterday. Equally, if your stop is too large and it's...

And so it was this year. Actually, it was a down day in 2019, too.

What's a tight stop for you on the ES? For me - the idea is to use a stop that's outside of noise or random oscillations. In the past I would fool myself thinking I managed my risk by using smaller stops when all that happened was that I more often than not got stopped out of a profitable trade...

Triple witching today. You said the June contract expired yesterday, but surely it's today...? Op-ex last September was a down day... EDIT: Typo. Wrong month.

Op-ex / triple witching today. Last September that day was down. Arguably a day that's hard to predict, IMHO. Could swing both ways.

Personally, I don't think there's such a thing as overtrading per se. Either you have a valid signal or not. The more discretionary your approach - the more prone you are to making mistakes as few people are able to sustain top performance for prolonged periods of time. Especially in a stressful...