I am long again (with caution), just put in one thrid of my long positions in ES.
Buy the dip
- Thread starter galvinlee888
- Start date
Add anothet one thrid of my long position, total two thrid of long position now. Now is 2am EST.
Fully in with my long . Buy the dip. I have to admit i like this "never down" market, the money is so easy to make, even with the dump people like me. 
Quote from pma:
Soooo...do you have a stop in mind if things do not go your way
Already up 7 ES in one night.
Buy the fucking dip.
Then I can assume I am a lucky guy (with account > 1M ) for the last ten years ? My year to year growth is about 15-25 % with only one year draw down of 20% (2008).
My account is not that big, many of the "elite" trader here have billion dollar account, and they are always talk about how to get away the PDT rule (25K) in their free time
Profitable trading is simple, don't try to be smart.
Quote from pma:
Soooo...do you have a stop in mind if things do not go your way
YES. Mental Stop.
I am actually already close half of position.
Quote from galvinlee888:
Then I can assume I am a lucky guy (with account > 1M ) for the last ten years ? My year to year growth is about 15-25 % with only one year draw down of 20% (2008).
My account is not that big, many of the "elite" trader here have billion dollar account, and they are always talk about how to get away the PDT rule (25K) in their free time
Profitable trading is simple, don't try to be smart.
Billion dollar accounts?
There broker commissions in a day are probably as much as I have in my account :eek: