ES Journal - 2015

[romik]

L89.75 s88

 

[romik]

Squeeze

 

[romik]

L89.75 s88

Stop to entry

 

[romik]

30m chart formation is ready to fire a rocket up sellers' bums.

 

[romik]

My guess is 2110 EOD.

 

[romik]

Judging by how many people post nowadays I can't help thinking that most have given up.

 

[Buy1Sell2]

Judging by how many people post nowadays I can't help thinking that most have given up.

You've got two things working here. 1) 95 percent of daytraders blow up. That puts you and I in the top 5 percent of daytraders worldwide since there is profit. 2) 40 percent short term cap gains tax now.

 

[Tech Analysis]

B1S2 what do you mean? Short term cap gains were always taxed as regular income (here in the US).

 

[Buy1Sell2]

That's correct. Roughly 40 percent

 

[Tech Analysis]

Hey if you're in the 39.6% tax bracket, all of it from this gig, especially - well done!