ES Journal - 2015

The 5 min chart has created a short signal here. However, it doesn't agree with 1 or the 15. Thus, caution and prudent money management are key. Even if going long in this uptrend, caution and prudent use of capital are the keys.
 
Final thought before lunch: Money management is not an edge. Good money management without an edge just means it will take you longer to go broke. Ask any pro gambler and they will tell you that they will not bet any amount without an edge. Trading should be no different.
 
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