This is a difficult call, no? We are at the top of the daily channel, so we expect down, but he market wants 1415, and options expiration comes a bit early next friday. So sideways for awhile maybe while this gets sorted out. I'm sitting this out for now unless we get 50% retrace from the high. If we fill the big gap down to 63 I'll add. If we hit 1415-17 before the retrace, I'm short, and will add above. Still anticipating long overall into November.
ES Journal - 2012
- Thread starter Buy1Sell2
- Start date
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Sounds like a good plan. The market does look short-term "toppy," but we know that the market can grind higher than most expect so shorting right now is just as difficult as chasing the upside without any retracement. Cash is the best option at the current time in my opinion. Besides, it is the dog days of summer, which is normal to have no volatility.
Out 1398.75
I know you will hate me for saying that but do you really think this journal deserves 5 stars??
A bunch of rotating traders some of whom show real time entries , others showing levels or writing not testable comments, win some, lose some type of thing.. Each of you could start his own journal but somehow won't..hiding behind fluctuations of traders so that nobody remembers..disappearing only to come up dressed in new aliases.. I don't know, it's depressing , isn't it?? I don't follow this ' collective journal ' religiously / so don't tell me to beat it /as I think it's worthless and I don't really know why some of you do
is it 'cos 'misery loves company'? There is no consistency here /winning wise / all other things are consistent and predictable.. Was there at least one guy here who did like literally hundreds of real time trades so that we might draw any conclusions? It's one big mess here , biases all over the place - it would be a miracle if anybody was consistently profitable here
A bunch of rotating traders some of whom show real time entries , others showing levels or writing not testable comments, win some, lose some type of thing.. Each of you could start his own journal but somehow won't..hiding behind fluctuations of traders so that nobody remembers..disappearing only to come up dressed in new aliases.. I don't know, it's depressing , isn't it?? I don't follow this ' collective journal ' religiously / so don't tell me to beat it /as I think it's worthless and I don't really know why some of you do
is it 'cos 'misery loves company'? There is no consistency here /winning wise / all other things are consistent and predictable.. Was there at least one guy here who did like literally hundreds of real time trades so that we might draw any conclusions? It's one big mess here , biases all over the place - it would be a miracle if anybody was consistently profitable hereQuote from vinc:
I know you will hate me for saying that but do you really think this journal deserves 5 stars??
A bunch of rotating traders some of whom show real time entries , others showing levels or writing not testable comments, win some, lose some type of thing.. Each of you could start his own journal but somehow won't..hiding behind fluctuations of traders so that nobody remembers..disappearing only to come up dressed in new aliases.. I don't know, it's depressing , isn't it?? I don't follow this ' collective journal ' religiously / so don't tell me to beat it /as I think it's worthless and I don't really know why some of you do
Perhaps the purpose is to simply wait for trolls to step in for comedic value...yeah, that's it.
As you were...
Why the anger brother Vinc?
Add something postitive to the thread.
Like, a call, if you feel like it.
This is one of the better threads ever on ET.
I like to snoop and see what ideas other people express, whether it's a direct call, or what they are seeing, or thinking, etc.
Otherwise, why not just switch to a thread you enjoy?
Add something postitive to the thread.
Like, a call, if you feel like it.
This is one of the better threads ever on ET.
I like to snoop and see what ideas other people express, whether it's a direct call, or what they are seeing, or thinking, etc.
Otherwise, why not just switch to a thread you enjoy?
Quote from vinc:
I know you will hate me for saying that but do you really think this journal deserves 5 stars??
I think it's worthless and I don't really know why some of you do
it would be a miracle if anybody was consistently profitable here
Are you consistently profitable?
Got 500 trades to prove it?
Your back test doesn't count.
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