Columbus 5 Day ES Intraday Trading Exploration

Quote from Ebo:

Did you borrow the S and P index first?
You have to talk to stock loan.
Maybe they are closed for Columbus Day.
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Ebo, it was my fault that I did not enter at 1196.75. I was a little slow and greedy. I placed my order at 1196.50 but I got cute and changed it. This is S&P emini futures - no need of borrowing. I have to say now I am not very comfortable taking the next short trade because it would be the third times it gets to my resistance. I might let the next one go.
 
I am in but I am not comfortable with the third times. It went thru my price resistance and back. Don't get too skiddish now. Let's see if it plays out. Stop at 1198.75.
 
Quote from martys:

I don't like this trade because of poor entry. I will see if I can get out at 2 pt profit - 1195.50
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I don't like my entry so I get out at 1196.50 - 1 pt profit so I am even.
 
Looks like good thing I took the profit. My setup was broken when price pierced through my price resistance so I am ready to bail this one. I don't like the pace and I hate staying in a range.
 
Looks like it did come to my price after whipsaw all the way back to my entry. See how the market always causes the most amount of pain. But I am glad I got out, I don't feel like sitting thru it because I am a little stressed.
 
I am considering moving some cash to Tradestation just for trading the E-mini. What is the nature of the problems you are having with them and your trading? I am using thinkorswim for the E-mini and no problems but $1.00 more per contract for commissions and no analytics on the ES like TS would have. Would like to hear your experience...

Phil
 
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