end of day swing trading(ES)

[Gotcha]

Why do you always make it clear you have a ton of money?

I actually don't see it this way to be honest. He is swing trading, and using stops that are easily 10's of points, so a big account is I think necessary. If he is going to use a 40 point stop lets say, this would be $2000, so this would represent 1% of his account. This is of course very conservative, but if anything, it shows how being well capitalized is extremely important.

 

[algofy]

It's the "ES per 200k" stuff that comes across as either really arrogant or fake.

 

[eyedy]

Why do you always make it clear you have a ton of money?

are you fucking kidding me?

Why do you always make it clear you are a pathetic loser?

Just get lost.

 

[eyedy]

It's the "ES per 200k" stuff that comes across as either really arrogant or fake.

You said I have a simulated account, and now you think I am arrogant?
so fucking dumb, I don't even understand your pathetic tiny brain.

Fucking, why do I even bother posting here?

 

[eyedy]

It's the "ES per 200k" stuff that comes across as either really arrogant or fake.

fake?

at least I am posting my fake trades real time here.
Where are yours?

 

[eyedy]

so where do I exit my long position?

I need to watch closely how market behaves around ES 2213 and how market close today.

 

[eyedy]

so market printed 2179 ovenight and undercut previous high(2184).
usually market revisit those undercut price during RTH, but it looks like it's not going to this time.

 

[eyedy]

I actually don't see it this way to be honest. He is swing trading, and using stops that are easily 10's of points, so a big account is I think necessary. If he is going to use a 40 point stop lets say, this would be $2000, so this would represent 1% of his account. This is of course very conservative, but if anything, it shows how being well capitalized is extremely important.

Thanks for the post.
I do think position sizing is important in swing trading.

1 ES per 100K is not that conservative in my experience.

If S&P drops 1% in a single day, 1 ES per 100K drops approximately 1% as well.

That's a lot considering you only trade 7 or 8 times a year.

 

[Pekelo]

1 ES per 100K is not that conservative in my experience.

If S&P drops 1% in a single day, 1 ES per 100K drops approximately 1% as well.

It is very conservative. As you said, it is no leverage whatsoever.

 

[eyedy]

It is very conservative. As you said, it is no leverage whatsoever.

It's true, it's no leverage.
but as I said in earlier posts, I don't use hard stops.
There are rare cases where I have to go through 5-6 % draw down with 1ES per 100K.

can not increase leverage knowing that kind of dd is part of this game.