Out here at 4448 for +4
+10 on the day and likely wait for the open now.
Maybe a @fortydraws range play.
ES Journal - 2015
- Thread starter Buy1Sell2
- Start date
+10 on the day and likely wait for the open now.
Maybe a @fortydraws range play.
Brian, if I may say something, before I say it I will state that I do appreciate to 'each his own' way of trading. I guess I would like to talk about psychology behind trading. I did a fair share of scalping and now I look at it as a mature male would look upon himself back when he was 16 years old. As one matures he learns to appreciate things done in a slower pace, perhaps through slowing down internal mechanisms lol. Nevertheless, when I see you initiate a good trade and then see you pull out before it reaches maturity, I remember myself years ago. I probably sound quite antique now, I am 40 
, so not quite there, yet on the way for sure. Now, I don't know what system/strategy you use, but I believe sincerely that you would improve greatly by perhaps researching what B1S2 keeps talking about, Ok jokers will start creeping out of the woodwork by now. I am not preaching him to be a guru, but he did help me, for free should I add, by simply sharing. He isn't here to be worshipped, I think this man is here to just share and help and learn too. Again, I don't know what you use for entries or exits, I merely suggest opening up to signals on larger time frames and let your profits run and not feeling like you have to close a good trade just because some bigger gorillas started shaking the tree, it ain't necessarily gonna fall on top of you. All the best mate.
, so not quite there, yet on the way for sure. Now, I don't know what system/strategy you use, but I believe sincerely that you would improve greatly by perhaps researching what B1S2 keeps talking about, Ok jokers will start creeping out of the woodwork by now. I am not preaching him to be a guru, but he did help me, for free should I add, by simply sharing. He isn't here to be worshipped, I think this man is here to just share and help and learn too. Again, I don't know what you use for entries or exits, I merely suggest opening up to signals on larger time frames and let your profits run and not feeling like you have to close a good trade just because some bigger gorillas started shaking the tree, it ain't necessarily gonna fall on top of you. All the best mate.
Positive results are good. Reviewing the nq chart from yesterday, it did look like there was a buy signal on the 15 min chart at 4443 and a sell signal on the 15 min chart at 4452 which would also net 9 points. Do you concur?
romik,
all too easy to repeat mantra 'let winner run' but what does that mean? let it run to where? where do you take profit when captured a raging winner? why there? the corollary to let it run is 'let it run more'? what to do with ubiquitous retrace? should get out @BE? do i need larger stop out?
just few of qiestions that must be worked out before the cliche...
'let winner run'
all too easy to repeat mantra 'let winner run' but what does that mean? let it run to where? where do you take profit when captured a raging winner? why there? the corollary to let it run is 'let it run more'? what to do with ubiquitous retrace? should get out @BE? do i need larger stop out?
just few of qiestions that must be worked out before the cliche...
'let winner run'
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L 4437.5
stop at 35
stop at 35
stopped -2.5
Back in long at 35.5
Bh, i like your fearlessness
but disciplined stop
you a great trader
but disciplined stop
you a great trader
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i short 2095
out here at 4443.5 for +8