ES Journal - 2012

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Quote from keeptradin':

Short ES @ 84.25, Target 81.25, Stop 87.25.

Not the optimal entry as we may need to test the 85 area first. I will add at the 86 area.
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Added to short @ 86.25, average 85.25. Target still 81.25, stop at 88.25.

Home sales in < 10 minutes. I will add one more time @ 88.25.
 
Quote from keeptradin':

Only because I like the way "pump and dump" sounds. :p
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Lol... one of the first days trading I made $6,000 and thought I knew what I was doing, I remember I sat at the table with lunch and my laptop and kept chanting, "pump and dump baby, pump and dump!"

I feel so stupid now... anyway, we are in the same trade :eek:
 
Quote from masterm1ne:

Lol... one of the first days I made $6,000 and thought I knew what I was doing, I remember I sat at the table with lunch and my laptop and kept chanting, "pump and dump baby, pump and dump!"

I feel so stupid now... anyway, we are in the same trade :eek:
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That's funny, as when I started trading in '98, I made $6k my first month swing trading a simple system of MACD and Stochastics. I thought I knew my sh!t, and went long hard right before the 2000 election...you know, the one that took a month to decide?

After losing about half of my account over four weeks by holding in the downtrend, I decided maybe I wasn't so smart after all. :eek:
 
Quote from keeptradin':

Added to short @ 86.25, average 85.25. Target still 81.25, stop at 88.25.
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Reduced at 85.25, average position 85.25. Stop @ 88.25, Target @ 81.25.

News in three minutes...
 
Quote from keeptradin':

Will wait and see how this shakes out...Home sales WAYYY up!! :p
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I am looking to start trading this thing to the long side, will buy a pullback to the 85 area.
 
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