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    DOW futures down 347

    You mean like this post from february? "guys tell me what's it gonna take for me to convince you to mortgage the house. will you wait till qqq = $600. i am telling you right now the other guys reading my posts are calling their banks. do it first thing in the morning!" How are they guys...
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    ES Journal - 2019/2020

    If these times don't qualify for a bear market I guess what you are saying is that bear markets don't exist. You really believe everything will be business as usual in three months without further impact on global economy and finance?
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    this is a bear market for 10 years.

    Ok, it probably was a full population infection, and that is why they shut it down after everyone was already infected because that makes sense. Also: jacking up by more than 3x completely wrong numbers don't make them magically right.
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    this is a bear market for 10 years.

    I can not be bothered to discuss every single point where you are wrong here, but I will focus on where you start: my estimation would be even lower around 0.1% death on the population, based on Wuhan with 10m residents and about 3000 dead. Wuhan is basically a full population infection...
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    this is a bear market for 10 years.

    Can you explain why exactly this is just 'some flu' dozu? All data I can find seems to suggest even the most advanced countries can't cope with the number of patients that need intensive medical care unless the curve is flattened. Mass media keeps on feeding us 'doctors' and 'scientists' that...
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    ES Journal - 2019/2020

    B1 reminds me of Comical Ali. If he is serious - which I highly doubt - it is beyond comprehension how he indeed was calling bear market for years in a record-breaking bull market and the just at the top changed his opinion. As others have said there will be a huge rally one of these days yes...
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    ES Journal - 2019/2020

    How can you say keeping losses small after you have been piling up losses +100 pts almost on a daily basis? Basically you bought the absolute top and keep holding the biggest move down ever in history. And I will start to worry if one day you don't anticipate/expect/'see' a big move up coming...
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    ES Journal - 2019/2020

    I wonder how you had a resistance there? In these choppy times I am having trouble identifying levels apparantly, did not have this on my chart.
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    ES Journal - 2019/2020

    I still read a lot of conspiracy theories, and people saying media coverage is the problem rather than the virus. NQ already made a good post about it, I thought I would join him. 1) This virus has the potential to infect almost everyone. With flu we are talking about different types and each...
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    ES Journal - 2019/2020

    I'm afraid I am one of the poor guys that can't see it. Can you please explain what exactly you see? And what 'soon' means in this context?
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    ES Journal - 2019/2020

    I would not be surprised to see the markets close for a while, things are historically bad at the moment. It must make a lot of people extremely nervous. Any experts here on how likely this scenario is?
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    ES Journal - 2019/2020

    Exactly the same in Belgium, and as far as I understand Spain is even worse. And since most countries will face the same challenge (hospitals not being able to cope) I guess most countries worldwide will implement similar measures soon. Why would it be different in US for example? I hope I am...
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    ES Journal - 2019/2020

    I might be wrong, just hope for him I am not. The thing I don't understand is: why keep on trying to trade against the trend with stops but without realistic targets? I did the math and since ATH at 3400 we are currently down 970 points. All trades combined the result since 3400 for B1S2 is...
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    ES Journal - 2019/2020

    When I started following this journal I felt people were quite rude and impolite towards B1S2, often accusing him of not trading a live account. Unfortunately I now start to understand why, it is impossible to ignore these are not the actions of someone trading with real money. Doesn't mean I...
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    ES Journal - 2019/2020

    Situation is getting close to that in most European countries it seems. Next couple of days more and more will follow Italy's policies. And I guess there is a fair chance it's only a matter of time before US will do the same. Once the virus is 'wild' in a country the government has to choose...
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    ES Journal - 2019/2020

    This was a great call. I fail to see what it was based on, care to explain?
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    ES Journal - 2019/2020

    @B1S2: I have a question if you don't mind answering. You seem convinced this is just a dip and the bull market is still in place, correct? If so: what would you need to see to change your mind? Any specific PA? Particular trendline or support broken? Bad fundamentals/earnings? Don't get me...
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    ES Journal - 2019/2020

    Out of curiosity and to give a more complete picture I looked a bit further back: combined profit of B1S2's last two winning trades was 242 pts.
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    ES Journal - 2019/2020

    Long 3243.75 Initial stop 3229.00 -15,00 pts Long 3232.50 Initial stop 3218.00 -14,75 pts Long 3228.00 Initial stop 3204.00 -24,25 pts (Stop on trade above not confirmed I think, but assume was kept in place.) Long 3187.75 Intial stop 3179.00 -9,00 pts Long 3172.50 Initial stop 3158.00...
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    The intraday is a casino

    I hope your daughter has a husband to fund her trading losses by that time. Not sure how you backtested this, but when I do it shows only 2019 YTD is profitable near 1 pt per day on average. 2018 was four times less profitable and so was 2012. All other years between 2009 and 2019 were showing...
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