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  1. T

    Position sizing and adding to winners.

    It's fine doesn't look like we're going to get anywhere. I do want to clarify one last thing though. I didn't mean buying more will help move the market, just that one entry and one exit does not leave very much room for flexibility and requires pretty accurate trading as it gives you only...
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    Position sizing and adding to winners.

    I give up. Must be me getting older, I just lose energy for things like this anymore. You can believe whatever you want. I did all I can do on this one.
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    Position sizing and adding to winners.

    EDIT: I am done engaging with you on this, giving me one word and one statement negatives answers. Does absolutely nothing for you or me.
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    Position sizing and adding to winners.

    Ok I don't want to debate just to debate. If you're trading a single micro mini, I completely appreciate and understand where you're coming from. But from an overall perspective adding to a trade winner or loser can actually greatly improve your probability of a successful trade (if you have an...
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    Position sizing and adding to winners.

    No it isn't and I factually know it isn't. Once again you're the second person to answer not only a question I didn't ask, but also a question that I was asking someone else as only they can clarify their statement, unless you're a mind reader. Of course "scaling into or out of a position...
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    Position sizing and adding to winners.

    I understand exactly what he's saying as far as concept. I am asking him to clarify if he's saying if it has ZERO predictive for himself or if he's trying to claim that it's ZERO predictive value to everyone.
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    Position sizing and adding to winners.

    I just want to clarify your statement if I may: You do mean that it has ZERO predictive value for YOU correct? You're not claiming that adding to a winner or a loser has ZERO predictive value to everyone correct?
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    I m looking for a mentor

    It sounds like you're saying it's not even reasonable or possible to day trade anymore. That is just not factually correct, I know quite a few people who have day traded for years to decades profitably and they were also profitable in these last 2 months. Some of them I've watched live...
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    Technical Analysis - is it more than just a Self fulfilling prophecy?

    "Things always come back to the fundamental side" right there is your problem, that means whatever you're using for TA has no true mathematical edge because if it did you would have a proper way to determine the actual underlining strength of what you're trading and the fundamentals wouldn't...
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    ES Journal - 2019/2020

    I am looking for them to sell into some of the liquidity here at some point today and simultaneously shake out weak hands than they can reload and use profits to defend lower levels at a later date if need be. Maybe they are and there's still this much demand, that's pretty impressive if...
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    ES Journal - 2019/2020

    don't know if fed buying this exact move, but they clearly put a floor in the markets with coordinated effort, likely that once others seen that gave them more confidence to buy, plus any shorts just adding fuel to the fire... along with legit concerns for inflation it does make shorting the...
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    Mark this... Market will go to all time high by the end April

    If we go back to ATH before end of April, that's going to be pretty concerning. I'd be extremely impressed if they can manage that and keep inflation from going completely out of control within a year.
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    ES Journal - 2019/2020

    This is so frustrating on my part, same story I have decent amount of gains. I get long again take profits and don't leave a runner despite no reason on my chart to get out. Difficult habit to break.
  14. T

    ES Journal - 2019/2020

    Just out of curiosity did you start your trading career with money from another business or a larger bank roll?
  15. T

    ES Journal - 2019/2020

    Yes, but now add in inflation to your factor and trying to determine values becomes a lot more difficult. Not saying this year or not saying it's guaranteed, but high inflation or even hyper inflation is not completely out of the question at some point. Stocks could go back to ATH and be...
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    ES Journal - 2019/2020

    See, just absolutely very min supply to cover your short. Now anyone adding short if you didn't scalp already under pressure of potentially another short cover rally.
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    ES Journal - 2019/2020

    That is a good point we're all not measuring overbought in the same way. However, I am assuming someone saying the term overbought has backtested and seen live how their overbought works. For example mine is based on momentum and velocity of the movement. I know when to expect "x" amount of...
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    ES Journal - 2019/2020

    I was pretty big bear and taking a lot of shorts, but now that third party's have stepped in on behalf of the markets to defend levels and force short covering, shorting has become a lot more difficult and less profitable in general. So, I've been focusing on long setups. Shorting overbought...
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    ES Journal - 2019/2020

    I am flat too, besides just took a quick 8160.50 nq long to 8168. smaller tf buy setup. Think I am about done for the day unless we get pretty deep pb. Just going to end up potentially getting caught in a long trying to get few extra points. I don't have the same high probability of it moving...
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    ES Journal - 2019/2020

    Just a matter of supply now, lock up any supply for short covering and price has no where to go but up. Not sure where this ends. I am terrible at holding runners so I closed my last nq long here at 8161. Normally goes higher when I get out, but whatever had decent day so far and on off...
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