ES Journal - 2014

johnny_utah said:
No way, I have strict rules. Max daily drawdown 6 ticks.
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On one hand I see that has merit. Stop trading when the action is incompatible with method/strategy.

On the other hand, is the first hour or two representative of the next 6?

I've seen things settle down and come into line for me later in day.

However, I've also seen the whole day suck for me building lossess.

You know what works for you.
 
CoolHandLuke said:
On one hand I see that has merit. Stop trading when the action is incompatible with method/strategy.

On the other hand, is the first hour or two representative of the next 6?

I've seen things settle down and come into line for me later in day.

However, I've also seen the whole day suck for me building lossess.

You know what works for you.
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I did analysis of my activity over the last few months and the results were shocking. I found out that my profitability drastically declines after 11 am EST. Also, the more I try to push after a series of wins (like this morning) the more I tend to give some, if not all of it back.
 
johnny_utah said:
I did analysis of my activity over the last few months and the results were shocking. I found out that my profitability drastically declines after 11 am EST. Also, the more I try to push after a series of wins (like this morning) the more I tend to give some, if not all of it back.
More...


Thanks for reply. If nothing else that's a sweet "workday".:D

Best to you.
 
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