Watching for retest of yesterday's low. I think I was too aggressive on my entry earlier. I mean, obviously I was, but I was second-guessing the idea to place entry below 0% and just had a bit of FOMO and took it even. That was a mistake. And if I'd not, I would not have been stopped out. Stuff to work on...
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Better February and Beyond
- Thread starter AmyInTX
- Start date
%%I'm in short at 2294.25. Didn't want to distract myself typing earlier because it was going sideways for so long it was making me nervous. Usually I get a faster reaction on a day like today. Goal is ~85.75 or EOD. I will move my stop to breakeven if/when I get a 15-min candle closing strongly below yesterday's HOD.
i think it may go lo er FEB; not a prediction. Stock Trader']s Almanac, notes [2001]FEB average gain is .20, much less than average. Modern Trader mag up date on FEB[2016] , not much better on the longs; not a prediction
%%
i think it may go lo er FEB; not a prediction. Stock Trader']s Almanac, notes [2001]FEB average gain is .20, much less than average. Modern Trader mag up date on FEB[2016] , not much better on the longs; not a prediction
Thanks. I go long and short depending on my morning signals and never swing or position trade. So, I'm completely agnostic. ;-) Would be something to kind of track though. I think they are pretty good resources.
%%Held above S1 on the 9:15-9:30 candle so hopefully some more buyers will be stepping in.
They usually do, in an up trending bull market.I'm agnostic, 2 , on random markets; FEB rally maybe fueled by more shorts covering.LOL ; not a prediction. I also dont comment much intraday LOL
%%System back up. Heart stops when that happens. I took a photo of my chart so I would have my levels in case I had to go to my phone app (but it sucks). Want to see a close above that trendline before I think about moving my stop up. I have a bad habit of moving stops. I'm typing it here to keep myself from moving it...
I seldom move stops;
when my ema moves that is fine. But that is planned ; a simple moving averge maybe too slow
So unless I get a crossover here before 8:30 (central), this is looking like one of the least-reliable, hodge-podge setup days I have. So not sure if I will even trade or if so, will do half size. Would like to get a crossover, but mathematically doesn't look likely unless ES tanks quickly here. Perhaps can get some exhaustion around 98.75, but I want to see candles closing with some selling pressure/tails.
No exhaustion yet so I'm probably standing aside today unless this goes sideways for a long time. I know I look at it and second-guess the short bias a bit, but my data set for days like today is all over the place. Maybe I'll figure out some bit of the puzzle I'm yet to see, but for now days like today are exhaustion days only so doing my best not to second-guess. This is a thin thin slice of possible trading day (less than 5% of all days) so I need to keep perspective. No position is a position when the stats are not with you.