ES Journal - 2015

DT UM Long 2085.00 Initial stop 2083.25 Will sell at 2092.00
--Raising profit target to 2094.00
-- Out at end of day at 2088.25 for3.25 pt gain. 10 to 1 margin
 
Averaging instead of just using full position with close stops is not a good long term plan. In order to use stops, you must able to admit when wrong. This is critical to successful trading--admitting when wrong and doing it early.
 
Averaging instead of just using full position with close stops is not a good long term plan. In order to use stops, you must able to admit when wrong. This is critical to successful trading--admitting when wrong and doing it early.

normally that's true but this is a range bound market until fed's december decision
 
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