Cheap not cheep.
...And They Have a Plan. (Live.)
- Thread starter Overnight
- Start date
"Cheep shit" is on purpose. Wreak was a grammatical error by the poster. I win.
By the way, I know now that I lost on my call for 1900 on Feb GC by end of year. There is zero chance Feb GC is going to hit that level by Dec 31st. Which way, Gold? I got it wrong.
Fucking kangaroos.
Go buy yurself a cheap jokebook.
Even in one of those they don't keep repeating the same cheap joke.
Fucking cheapskate
Look ma, no hands!
I hope this is proving to people that swing trading is no joke.
Here's the current open position print as of 2 minutes ago.
Compare that to last post...Two trading days makes THAT much of a difference. This is why if you wish to swing trade, you do it on forward contracts, people!
Continuing from trade #17...
Yes, once again, the journaling software cannot handle long-term positions. The MES avg entry price was 4681, not 4695.75. But the exit price is correct. So do the simple maths on it.
But that was a hell of a ride. Why did I exit those positions? Because I want some dry power for Powell's lip-carnival on Wednesday next week. If I enter they will be on June contracts. For now just have the MNQ lingering...
Flom.
Yes, once again, the journaling software cannot handle long-term positions. The MES avg entry price was 4681, not 4695.75. But the exit price is correct. So do the simple maths on it.
But that was a hell of a ride. Why did I exit those positions? Because I want some dry power for Powell's lip-carnival on Wednesday next week. If I enter they will be on June contracts. For now just have the MNQ lingering...
Flom.
Continuing from trade #19...
That's all there is. A single 2 CT trade on the MYM*. Whoopie fucking do. After Powell's joy on Wednesday, the MNQ trade went max 70ish into profit during the night but I did not have a target set, as I figured the joy would continue.
So I thought to just hang in there for the start of the Santa rally! Even got into some MES to layer in. But NOOOO. GB bank had to go all tightening, and then more bad omicron news comes out. Fuckoff!
*The June MYM trade is one of those times I tried to "tease the ladder" as I call it, by setting my target just a couple of ticks below the daily high before yesterday's plummet, while the current ask was like 50 ticks higher than my target. It actually worked, as the daily high was 36018. With the volume being what it was, I assume someone initiated a new position on my contracts, rather than short covering.
Anyways, here's the current open set...
#Gobulls
That's all there is. A single 2 CT trade on the MYM*. Whoopie fucking do. After Powell's joy on Wednesday, the MNQ trade went max 70ish into profit during the night but I did not have a target set, as I figured the joy would continue.
So I thought to just hang in there for the start of the Santa rally! Even got into some MES to layer in. But NOOOO. GB bank had to go all tightening, and then more bad omicron news comes out. Fuckoff!
*The June MYM trade is one of those times I tried to "tease the ladder" as I call it, by setting my target just a couple of ticks below the daily high before yesterday's plummet, while the current ask was like 50 ticks higher than my target. It actually worked, as the daily high was 36018. With the volume being what it was, I assume someone initiated a new position on my contracts, rather than short covering.
Anyways, here's the current open set...
#Gobulls
If you were to totally switch off from the bs news, I think your trading results would improve.
The news may twitch things for an hour or so, but all up, I ignore the stupid media.
The only reason I mainly read news media, is to get new ideas on new topics, to expand my mind to think a little further outside the square.
Because I like trading mining stocks, often the media prompts me to research stuff I wouldn't have thought of, but rarely if ever will it cause me to dump a position.
Well, here's the thing. I am not trading the news, per se.
I am simply making guesses at what I think moved the broader index at the time. I do not enter trades because of a news event. I am usually in a position as that event happens. Like the MNQ on Wednesday! Powell spewed some news, but I did not have a target. I was already in the position, and figured I would get out by Thursday or Friday at a decent profit. Way more than 100 points. But, interest rates and omicron.
My trading results would improve greatly if I sat my ass down in front of the damned trading PC and traded, instead of utilizing the bull-in-China-shop method. The fire-and-forget crap, that I have become accustomed to by now. It SUX!
Continuing from trade #21...
Had a nice MYM on Tuesday, and the MES from last week finally closed out. I could have gotten more aggressive this week after closing those winners, but the MNQ is still a thorn in my side...
Yes, it is still open from Thanksgiving week. Sheesh!
Some folks may ask, "Overnight, why not just close the loser and build it back in more trades?"
My response would be...Close it where? When it is down 11 bux? 500 bux? 1000 bux? 2200 bux? A position like that can fluctuate hundreds of points per day.
So if I closed that MNQ trade last week at -2200 bux, I would have had to work hard this past week to gain back those 2200 bux. Why bother doing that, when the market does it for me? Let the market do the work so I do not have to. As we can see by latest print, it is now down only 80ish points.
Merry X-Mas y'all.
Had a nice MYM on Tuesday, and the MES from last week finally closed out. I could have gotten more aggressive this week after closing those winners, but the MNQ is still a thorn in my side...
Yes, it is still open from Thanksgiving week. Sheesh!
Some folks may ask, "Overnight, why not just close the loser and build it back in more trades?"
My response would be...Close it where? When it is down 11 bux? 500 bux? 1000 bux? 2200 bux? A position like that can fluctuate hundreds of points per day.
So if I closed that MNQ trade last week at -2200 bux, I would have had to work hard this past week to gain back those 2200 bux. Why bother doing that, when the market does it for me? Let the market do the work so I do not have to. As we can see by latest print, it is now down only 80ish points.
Merry X-Mas y'all.