I was afraid it might break to the upside. When I placed the 12839/12840 stop/limit combo I also placed one at 12849/12850.
Oh well, onward and (unfortunately for me) upward.
I kind of have been losing. I had to spend a couple grand to establish this position over the last couple days. But I guess that's why they call it "speculating."
My average position right now is -2 at 835
Also short 2 cars in the ES at 1479.5 but I've been riding that one for a while...
I don't use any indicators. I just watch price, volume and sizes of contracts being traded in the book trader. It seems I can find entry points OK its the exits that I have a harder time with.
Not getting any younger that's for sure. One's life is not measured by how much one has. Rather by how much one gives away. That includes good advice. "Give and it shall be given unto you, pressed down, shaken together, overflowing . . ."
And as the Apostle Paul said somewhere: "What do you...
I would not call you a loser. Anyone who keeps at is AND IS STILL IN THE BUSINESS is a winner. Perhaps a better description would be "one who has great respect for the market (and what it can do to one's account).
When you battle with what you think and feel and justify with the trader mentality that you have learned, then you are on the right track
And as Taleb says in "Fooled by Randomness" (p.222):
"The epiphany I had in my career in randomness came when I understood that I was not intelligent...
Perhaps I have too much of a bear bias for my own good.
But then if it tanks . . .
Good price action today if one trades bounces.
Still holding -2 at 824/825
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