ES Journal - 2014

Jesus, this market is crazy. Straight upwards with barely any pullbacks since late may
Would hate being short into this...

Agree with your comments, except that there have been plenty of pullbacks in smaller timeframes.

When it's so strong, we just simply need to adapt and look lower for the waves there.
 
darn, read it wrong, lost 2 ticks

How dumb am I, ROFL. What happens when you start thinking about Saturday night. Ok, that's all for me, long week of fun fun fun, I am overall happy with my performance, time to go play.

Have happy weekend all.
 
Agree with your comments, except that there have been plenty of pullbacks in smaller timeframes.

Probably true. I dont daytrade, but I'm sure there have been plenty of intraday pullbacks that one can exploit. But despite this, I gotta say, anyone making money shorting in this market is a God in my opinion, daytrader or not, that takes a lot of courage and skills to accomplish. I know Ammo does this. Although I'm sure if he did the exact inverse (build longs as it goes down) he would be even more profitable than he is now.

Me, I just do the lazy pinkman way (no offense to Pinkman :D), hell in fact, I'm even lazier, I just blindly short vol and watch the profits roll in. XIV and VXX has been treatng me well.
 
But despite this, I gotta say, anyone making money shorting in this market is a God in my opinion, daytrader or not, that takes a lot of courage and skills to accomplish. I know Ammo does this. Although I'm sure if he did the exact inverse (build longs as it goes down) he would be even more profitable than he is now.

Much easier to take the path of least resistance than fight hurricane winds.

There will be a time when shorts will have the path of least resistance, that time is not here yet, unless you are in top calling and that sort of thing; a fool's game imho.

Glad to hear shorting volatility is treating you well.
 
Vix touched sub 10's as predicted a few weeks ago, and a 5 year low!! We also failed to close above 13 on a weekly basis since my call a month ago. It's hard to imagine that future risk in nearly non existent as reflected by the options market. I wonder what will bring it back to life.
 
Had a PM about this long from yesterday near EOD saying I was ''absolutely crazy'' lol,

Already the better part of 50 cents in profit.
Will close this when we hit 196 for +150 cents.

Good luck all. Won't be around too much today.

weeeeee!!

closing 194.50 long here at 195.30 + 80cents
 
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