ES Journal - 2012

[ammo]

Quote from ammo:

add 69,avg 66.5

5.75 bid for reduce market close at 12 15 ct

 

[tenthousandmen]

Why are you guys trading today? Have one of you made a single dollar after commissions?

 

[ammo]

nillions

 

[gmst]

Quote from gmst:

covered @ 67, another cover order at 66.5

Edit: covered another at 66.5

Currently, one open short position

New short orders @ 68 and 68.25

covered completely at 66.

now long 2 ES @ 66

 

[ammo]

Quote from ammo:

5.75 bid for reduce market close at 12 15 ct

flat balance 66.5

 

[gmst]

Quote from gmst:

covered completely at 66.

now long 2 ES @ 66

out at 66.25 and 66.75.
Flat ES now. Lost 240$ including comm. between ES and NQ. My system would have lost 340$, so outtraded my system.

 

[DanS]

I am not a good trader yet, but I think a good trader should have made a min of 5 pts today.

 

[gmst]

Quote from DanS:

I am not a good trader yet, but I think a good trader should have made a min of 5 pts today.

Your observation is correct for general days.

But for today, I disagree, reason being today was a shortened day. Traders come with so many biases in their mind for a day like today, e.g. I came with a bias that today will be very small range day, and you see the result I ended up being negative.

Otherwise, I am bullish on S&P, and have been in and out of a swing long trade from 1315 onwards.

 

[ammo]

spx monthly

 

[mastacoli71]

Happy Bday America!