ES Journal - 2012

[DanS]

Yeah exactly, with approx 20 trading days per month and avg of 2 per day, that isn't too shabby. I need to get there.

 

[tortoise]

Quote from mastacoli71:

all about the singles from this point forward Dan. learn from your past mistakes but whatever you do, don't try to make it back as fast as you lost it. the probabilities of that path are very low.

given your current acct size, focus on the risk of every trade not where u think the mkt will go by the close.

wise words

 

[mastacoli71]

Quote from tortoise:

wise words

only took me about 2 years and a drawdown of about 100k to realize this

 

[mastacoli71]

will be interesting to see if mkt makers have the stones to take this down to the 1316 level

 

[piezoe]

Quote from mastacoli71:

will be interesting to see if mkt makers have the stones to take this down to the 1316 level

FWIW, 50% retrace on the weekly ES is 1318.50.

 

[tortoise]

Quote from mastacoli71:

only took me about 2 years and a drawdown of about 100k to realize this

you learned faster than i. and at lower cost.

 

[gmst]

today i bought a contract at 28 and sold at 39. What a beautiful trade

 

[gmst]

Quote from mastacoli71:

only took me about 2 years and a drawdown of about 100k to realize this

my tuition was over 80k spread over 2.5 yrs but unfortunately it wasn't just a drawdown. It was my whole damn trading account, actually multiple trading accounts

And then finally I learnt how to trade.

 

[mastacoli71]

Quote from tortoise:

you learned faster than i. and at lower cost.

it sucks regardless of amount. in the end, it is tuition. SIM trading can help but executions are not always clean and it does not involve the emotion associated with real money. i don't care what anybody says, there is ALWAYS emotions involved with real money regardless of how good ones system is.

 

[mastacoli71]

Quote from gmst:

today i bought a contract at 28 and sold at 39. What a beautiful trade

beauty gmst