ES Journal - 2012

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Quote from fishing:

OMG another day like yesterday.. traded lower after the open and then just keep grinding...

im not buying :(

yes best to be out of the market untill clarity emerges
 
Quote from lucky lucille:

good advice but is there ever a clear direction?

gotta take your shot..win or lose thats the game, imo

Yes, sometimes it is quite clear - I will say probability of correct direction is sometimes > 80%. But to capture such opportunities, you might end up trading once a week or once in 2 weeks.
 
Quote from gmst:

Yes, sometimes it is quite clear - I will say probability of correct direction is sometimes > 80%. But to capture such opportunities, you might end up trading once a week or once in 2 weeks.
profitably,it adds a up
 
Quote from gmst:

Yes, sometimes it is quite clear - I will say probability of correct direction is sometimes > 80%. But to capture such opportunities, you might end up trading once a week or once in 2 weeks.
2 or 3 SETUPS per month with >80% prob of success sounds like a winning strategy ..if you own it cudos to you.

i have no such strategy ..i lose more than i win and i overtrade :mad:

but always trying to improve...i'll never give up
 
Quote from lucky lucille:

2 or 3 SETUPS per month with >80% prob of success sounds like a winning strategy ..if you own it cudos to you.

i have no such strategy ..i lose more than i win and i overtrade :mad:

but always trying to improve...i'll never give up

Just pointing out that if you are patient enough, sometimes setups present themselves on platter - hard part is being patient enough.
 
Quote from gmst:

Just pointing out that if you are patient enough, sometimes setups present themselves on platter - hard part is being patient enough.

Oh yeah
the way to profitability is BE PATIENT
Today I have traded CL but only sim
Its not calm ticker but be pacient is more important there
good luck
 
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