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I scale into trades. I very rarely go all in at once. So, if I take a few losses in a row they're usually on small size. It's insignificant. This morning I was down $400 bucks or so. Scale into 2 ES/20 MES and take home 10 points and you're $600 in profit on a 10 point win. That trade last...

Agreed, @Picaso. Seems like no major moves on the table today. I'm happy to call it a day soon. Save my bullets for a better day.

And scratched it shortly after. I have low expectations for this day by now. Looks possibly like a range bound session going into CPI. If we break above 5500 from here and rally I'll be impressed.

Took the full loss and reversed long. Look at NQ.

Moved stop to 80.75. Ready to scramble for a small loss soon if downside MOMO disappears here.

Entry was 74.75. Keeping the stop at 80 for now. Let's see where this goes. If NQ joins in on the slide we could fill Friday's gap if this continues. 5420.

Reversed short. See if I get chopped up or not. FED speaker on at the moment. Could be why.

Killed it B/E.

Longed 88.50. Tight stop.

Went flat now. Had my stop at 90 which MES seems to have printed while ES not. Ready to go back long if this PB Holds.

Ready to go flat if the LOD Breaks. Will see if I get in or not after that. It's tricky as we can snap below the current LOD to 90 and reverse back up without me. Or fill the gap below and take away all my unrealized profits. NQ's going for it now, though.

Weak dip into yesterday's high on ES - check. Need a good push above 5500 to kill the last remaining bears (sorry @theapprentice :p).

Watching to see if yesterday's range hold here now. Possibly a dip to 90. If no support there, could be a boring range bound day after all. I'm "hoping" we'll see just a small test of yesterday's HOD here and reverse higher for a nice green day. :) Think I'll close out at 88.

Noah will hate this one. For transparency, I'm currently down $400 bucks. This is where some may want to take profits and secure a green day, but when I know I have a good entry and a good chance of a big move coming I will simply hold. I will start locking in a bit at some point, though...

I can see this rallying into CPI and possibly continuing if that number is perceived nicely. If there's one thing we know about prior market bottoms these last few years is that they happen fast. We covered a lot of ground last week retracing half of September in just four market days. It's...

I sure hope not. LOL. Moved my stop to 70. 1 tick profit! The scenario I anticipate is a gap up open which doesn't look back, but I'm far from certain. If we drop to 35 - I'd say a test of Friday's lows looks more probable.

Stopped out on sucker long overnight. It was 5 MES with a 5 point stop. I bought this dip when I woke up at 69.75. Will move my stop to B/E soon and just hold if this gets moving.

Good point. That must have been the first time since I started trading actively when there appeared to be genuine FEAR in the market and the market was actually crashing. Of course, it was followed by the most incredible recovery anyone could have imagined.

Very possible. I don’t have a strong opinion at this point. Have it felt like 07 other times since 07 or is this the first time? I just know how fast this market have recovered in the past catching people off guard. The plunge prior to this one for example.

Funny you mentioned 5550. That’s what I was eyeballing, too. Maybe we rally into CPI Wednesday and that number will pivot us higher or lower into week end. We covered a lot of ground last week retracing half of August. It is possible that was it for now. Probably wise to stay flexible in the...