ES Journal - 2012

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Quote from Macho:

Which plan?:confused:

Mr Mastacoli, Did you have to take a loss on Jun? And how many contracts did you get stuck with.

The second series, SEP, was spot on ,after Sunday night. Hindsight, of course:D

yes, loss on jun on 4 contracts about 20 pts

i flip flop on plan, one of my weaknesses. i was shorting cause of my macro bias then i told myself when this happened last time not to fight trend so that is the plan i violated. then emotions took over (sorry ET trollers, not from you guys).

regardless, it was not a blow up yet it got me thinking about what works best for me going forward.

i respect a few individuals on this thread, the ones that post what they are seeing and what they are doing. outside of that, forget about the rest because it is useless information
 
This is just a meatgrinder now, none of the flag formations have any follow thru, I'm staying away from this market until these crazy whipsaws end.
 
Quote from mastacoli71:

yes, loss on jun on 4 contracts about 20 pts

i flip flop on plan, one of my weaknesses. i was shorting cause of my macro bias then i told myself when this happened last time not to fight trend so that is the plan i violated. then emotions took over (sorry ET trollers, not from you guys).

regardless, it was not a blow up yet it got me thinking about what works best for me going forward.

i respect a few individuals on this thread, the ones that post what they are seeing and what they are doing. outside of that, forget about the rest because it is useless information

This is a very difficult market to trade, so don't beat yourself up over the loss. :)
 
Quote from Pekelo:

Call me stupid, but I can't figure out what this Mastacoli dude was trying to prove by shorting into one of the biggest rally of the year...
Generally, there is no point in posting too many trades, because nobody can follow them anyway, but it sure helps if the trades are well, profitable...

Sidenote: Generally I put too frequent posters on ignore, not because I hate them, but I am just not that interested and they litter the thread....

Give the guy a break. He's not an "expert" like you. Mr. Pekelo, market master. Can I join your trading club? LMAO.
 
Quote from trickshot:

This is a very difficult market to trade, so don't beat yourself up over the loss. :)

thx man. trying not to. markets change all the time. adapting is all part of the game imo.
 
Quote from Pekelo:

Call me stupid, but I can't figure out what this Mastacoli dude was trying to prove by shorting into one of the biggest rally of the year...
Generally, there is no point in posting too many trades, because nobody can follow them anyway, but it sure helps if the trades are well, profitable...

Sidenote: Generally I put too frequent posters on ignore, not because I hate them, but I am just not that interested and they litter the thread....

got a suggestion for you. why don't you get off your high horse and start posting what you are seeing and trading instead of posting hindsight.

otherwise, go back to taking your naps and when you wake up, start a thread called hindsight entries and exits.
 
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