ES Journal - 2013

[tortoise]

Quote from startraitor:

short 17.50 one more stab. stop 24 target 06-

Do you have an actual methodology? I mean, beyond "keep shorting until it drops or my account blows up, whichever comes first"?

 

[Builder17]

Quote from tortoise:

Do you have an actual methodology? I mean, beyond "keep shorting until it drops or my account blows up, whichever comes first"?

Prob get that 30 fill tmrw tort

 

[gmst]

Quote from gmst:

still keeping long

out of half at 1618.5.

keeping other half.

 

[rroverx]

crap on a cracker.

 

[startraitor]

adding 22, stop still 24

Quote from startraitor:

short 17.50 one more stab. stop 24 target 06-

 

[epicreturns]

s 1623
st 1634
t 1580

 

[tortoise]

Quote from startraitor:

adding 22, stop still 24

Oh come on!


[edit: folks, here's a vivid tutorial on the dangers of trading against the trend. golf applause to startraitor for kindly sacrificing his account so that others might watch and learn.]

 

[rroverx]

Quote from tortoise:

Oh come on!


[edit: folks, here's a vivid tutorial on the dangers of trading against the trend. golf applause to startraitor for kindly sacrificing his account so that others might watch and learn.]

I've done something similar. Added to a short from 34 on this pop up. Now sitting on avg 25.5 when I should have taken some off sub 1600 (which was my target... yada yada greed).

I'm sitting on it

 

[lwlee]

Kicking myself for not seeing the long play midday.

1) It hit previous high ceiling around 1600, which is now support.
2) Low happened to coincide with pivot point as well.

It was definitely worth a couple points as a stoploss. Risk 2pts for 20pts. I would say that would have been nice risk/reward.

 

[gmst]

Quote from tortoise:

Oh come on!


[edit: folks, here's a vivid tutorial on the dangers of trading against the trend. golf applause to startraitor for kindly sacrificing his account so that others might watch and learn.]

LOL!!!!

To be honest, star is a fantastic trader. In my experience even accomplished traders do make mistakes from time to time and misjudge the market - their biases cloud their analytically ability and judgement. Experienced traders come out of this. Maybe star would lose 5% or 7% of account on this trade but eventually he will make a lot of money over the years.