no problem.Thank you for taking the time to explain your thoughts.
no problem.Thank you for taking the time to explain your thoughts.
Yes, I'm the one that went short from the 2058 and held it to 2018. But you're still painting the wrong picture to the traders of this journal. If I was add trigger happy, I would've added on the way up like I usually do to get a more favorable price, but I didn't. Now why is that??Thank you for your question! It's the posting of averaging trades and lack of stop posting that is the issue. If someone wants to average or not use stops, that's fine, but posting of this offers no value to anyone who is interested in seeing good entry, exit and stop prices. No one has any idea how well capitalized anyone is and a trader could theoretically average all the way to zero and then step back in and claim victory when the market bounced over their average price. For example: recently a trader here went short in the 2050's without posting a stop and then disappeared while the market climbed to 2119. Subsequently, when the market returned to the entry level, the trader took profits at a 3 pt gain. Now, what does that offer the reader of the journal? In another case, a trader took a short position and then when wrong, averaged in more. Then, when the market continued to rise, that trader disappeared and has not returned yet. Wouldn't it be better if posters showed that they could be wrong and get stopped out? Wouldn't that offer the reader something that they could actually reflect on, look at charts and decide if the entry, exit and stop made sense for them?--One more thing. It is not required to post trades here. Discussion is fine as well.
Yes, I'm the one that went short from the 2058 and held it to 2018. But you're still painting the wrong picture to the traders of this journal. If I was add trigger happy, I would've added on the way up like I usually do to get a more favorable price, but I didn't. Now why is that??
The point of my rhetorical question to B1S2, is that each trader has his own style of engaging the markets, based on his risk tolerance and business plan. I could've added haphazardly on the way up to 2018, but I didn't because I wanted to add in the 2030's area, which at the time seemed the probable area of pause and reversal. The market failed to trade up there. My risk on the short was within my parameters due to the small size of my initial entry relative to account size.Curious about your style, why dont you take losses?
I do take losses.Curious about your style, why dont you take losses?

'ES Journal' is not b1s2 personal journal. For any trader of emini, regardless of method.
ESJournal -2015 transcend any one person and methodology. ES Journal is generic.
I welcome all to place their trade here.