ES Journal - 2012

[Laissez Faire]

Still a clear down trend here, but at least we hit the support mentioned earlier.

Long with a tight stop? Maybe, but still risky.

The good thing with ES is that one usually gets a second entry that offers better confirmation, so one does not need to enter just yet.

 

[mastacoli71]

Everyone take the afternoon off?

 

[mastacoli71]

Quote from mastacoli71:

add 67.25, avg 72.25

add 64.5, avg 70.25

 

[creekboy]

long 64.25 -3 tick stop

 

[ammo]

Quote from thesniper:

Sorry bro, i didn't understand that:

I know that the overnight margin on ES and YM is 5k each. However if long one and short the other, do the margin requirements offset each other.

some brokers would know it was an offset and honor it,others might see it as 2 independent t risks and your margin would be needed on both,tos for instance offsets margin wth long and short options..years back proactivetrading honored it and amp did not and they both cleared thru dorman

 

[creekboy]

still long on -1//2 off @ 65.50

Quote from creekboy:

long 64.25 -3 tick stop

 

[creekboy]

hopium target 74.75

 

[mastacoli71]

Quote from mastacoli71:

add 64.5, avg 70.25

reduce, 67.5, avg long 70.25

 

[DanS]

I anger traded today and lost my ass. I was doing good for 6 days in a row, and I just got stupid from yesterday through today.

 

[ammo]

click your heels 3 times and say "no such thing as playing on the houses money"