ES Journal - 2014

hitchslap · Feb 13, 2014

wiesman02 said:
Quiet board today

I think it's just the usual case of everyone getting absolutely killed trying to short a one-way market.

pinkman · Feb 13, 2014

Wide Tailz said:
I'm honestly stumped by this price action. I think I will be quitting the shorter time frames. I can't make any sense of anything below the daily.

try a 'long only' approach. Happy days ahead.

tortoise · Feb 13, 2014

Wide Tailz said:
I'm honestly stumped by this price action. I think I will be quitting the shorter time frames. I can't make any sense of anything below the daily.

I'm sitting on my hands. Closed an overnight short just before the 8:30 numbers, not because I thought it was going up, but because I didn't want to hold into the numbers.

I've been numb and dumb ever since.

Don't short this people. Do something else. Take the day off. Just don't short this.

Wide Tailz · Feb 13, 2014

tortoise said:
I'm sitting on my hands. Closed an overnight short just before the 8:30 numbers, not because I thought it was going up, but because I didn't want to hold into the numbers.

I've been numb and dumb ever since.

Don't short this people. Do something else. Take the day off. Just don't short this.

Seems you need knowledge of all the prospective news events in order to trade on sub hourly charts. Blah, my equity curve exploded to the upside when I couldn't watch my console all day and was forced to swing trade on the dailies. Actually made it easy to let winners run. Some of you guyz have talent at this intraday stuff but not me.

tortoise · Feb 13, 2014

pinkman said:
try a 'long only' approach. Happy days ahead.

Wise words...

volente_00 · Feb 13, 2014

tortoise said:
I'm sitting on my hands. Closed an overnight short just before the 8:30 numbers, not because I thought it was going up, but because I didn't want to hold into the numbers.

I've been numb and dumb ever since.

Don't short this people. Do something else. Take the day off. Just don't short this.

I learned a long time ago to not fight

DEMYTDAYBOYZ

And when I ignore logic and try they usually take my money and run

wiesman02 · Feb 13, 2014

volente_00 said:
I learned a long time ago to not fight

DEMYTDAYBOYZ

And when I ignore logic and try they usually take my money and run

Moral of the story. Even with 12-18 inches of snow in DC, Demdatboyz still runnin the show

drownpruf · Feb 13, 2014

tradingjournals said:
qqq at 89.40 area. I like the 89 puts at 16cents.

Yesterday's shorting at 89.13 was excellent, as qqq traded at 88.30 at open this morning.

lol you're short from 86 and you never mentioned a cover on any of it.

failed_trad3r · Feb 13, 2014

tortoise said:
I'm sitting on my hands. Closed an overnight short just before the 8:30 numbers, not because I thought it was going up, but because I didn't want to hold into the numbers.

I've been numb and dumb ever since.

Don't short this people. Do something else. Take the day off. Just don't short this.

when all the bears have given up...

trickshot · Feb 13, 2014

Fund managers again tripping over themselves to buy stocks, they must be emotionally scarred from the huge underperformance last year.