ES Journal - 2017/2018

[oraclewizard77]

Long 2590 stop under lows looking for 4 points

 

[Pekelo]

Long 2649.00 Initial stop 2594.00

See, even with your PRM you could lose your account if you keep this up. PRM doesn't beat a profitable strategy.

 

[oraclewizard77]

Killed trade at 3 point profit to get out before market close.

Long 2590 stop under lows looking for 4 points

 

[oraclewizard77]

Guess i could have gotten the 4 points but was not sure when futures closed exactly.

Killed trade at 3 point profit to get out before market close.

 

[mastacoli71]

2635 cash breaks we heading down to 200 day

I took a call position at the close off the 200 day to limit downside risk.

 

[Spooz Top 2]

Shorting on the close of 2.23 you instantly took 40 handles of heat. Lot's of two way action since then. Lot's of pain to be had both ways and I have had my share. I am right there with you, if this moved in a straight line we would all be billionaires.

Actually, I started building my short position on 2/21... which was 1 of 7 entries total with one tweak cover, then reimplemented up north to better my cost basis by 18 handles.

I didn`t post my position at inception due to building a cost basis with several entries, as my CB would have changed repeatedly. That said, This is one of those set ups & compelling convictions one gets once every 5 to 7 years.. if not longer.

That squeeze to 2800 was gut check time as formation was in jeopardy if Bullys could have ran it a bit further.... but yeah, we`ve all been there,man.

 

[Spooz Top 2]

Been short since 2723, and added on the way down. In time price will go even lower and I intend to hold my shorts until at least 2400.

Someone sees what I see! Nice job, Nicky

 

[Spectre2007]

Actually, I started building my short position on 2/21... which was 1 of 7 entries total with one tweak cover, then reimplemented up north to better my cost basis by 18 handles.

I didn`t post my position at inception due to building a cost basis with several entries, as my CB would have changed repeatedly. That said, This is one of those set ups & compelling convictions one gets once every 5 to 7 years.. if not longer.

That squeeze to 2800 was gut check time as formation was in jeopardy if Bullys could have ran it a bit further.... but yeah, we`ve all been there,man.

2020 year, takes 2 years before possible bottom.

 

[lawrence-lugar]

started building my short

position at inception due to building a cost basis with several entries
as my CB would have changed repeatedly
This is one of those set ups & compelling convictions one gets once every 5 to 7 years.. if not longer

squeeze to 2800 was gut check time as formation was in jeopardy if Bullys

Post how much money, and/or what % return you guys made from your trade(s).

All I see on these pages are words and smileys and other odd symbols. -- The bottom line is a beautiful thing.

 

[manonfire]

Actually, I started building my short position on 2/21... which was 1 of 7 entries total with one tweak cover, then reimplemented up north to better my cost basis by 18 handles.

I didn`t post my position at inception due to building a cost basis with several entries, as my CB would have changed repeatedly. That said, This is one of those set ups & compelling convictions one gets once every 5 to 7 years.. if not longer.

That squeeze to 2800 was gut check time as formation was in jeopardy if Bullys could have ran it a bit further.... but yeah, we`ve all been there,man.

I took over 100 handles of heat on the nq , started building short on the close of the 9th. Puked up half The following Monday and nearly bailed on the rest on Tuesday. I usually trade around a position like that with rty and ym, occasionally es, but I wasn’t getting the upside on those to keep up with the size I had on short. On that Tuesday every timeframe built out engulfing action and I rolled it all to June contact full position. Stated scaling off at 6666, holding a small position for 5700 area. Loookng for 2250 on the spoos now as well. Will keep trading two ways as long as that’s allowed!

Nicely done st. I enjoy your commentary and musings.