ES Journal - 2017/2018

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Not so much of rules changed as I added options

This, options, not to be confused with financial instruments of the same name, is what adjustment is all about. A robust "rule" will allow for and have options.

And yep, past year I was few points from target and ran all way back to breakeven, made 60% on the options and tomorrow another day. I been shorting the Indexes on new contract highs for awhile, it is that last trade I don't want to miss.

Without the option of using options as part of your rules, this highlights the loss of time, opportunity, and through osmosis, money. Which of course takes on a tearful perspective for the long(er) term holdings. Robust rules that allow for and have options, saved the day and will again another day too, I'm sure.

What do you do when you have reached all your milestones?

Not possible the way I live and think.
All the best to you.
 
This, options, not to be confused with financial instruments of the same name, is what adjustment is all about. A robust "rule" will allow for and have options.



Without the option of using options as part of your rules, this highlights the loss of time, opportunity, and through osmosis, money. Which of course takes on a tearful perspective for the long(er) term holdings. Robust rules that allow for and have options, saved the day and will again another day too, I'm sure.



Not possible the way I live and think.
All the best to you.

I will you well and profits as well.
 
Markets do not change because human behavior never changes. The same set of rules that applied yesterday applies today. Successful trading is about losing a little when wrong and winning more when right over the long haul.
Everyday is different in the markets. There are general trends..ranges..pull back..BO...channels...to be sure and all are a reflection of human nature. However, that said, no two are exactly the same in terms of the forces at play within them. That is, no two trends are exactly the same. Likewise with ranges therefore it is best not to trade each one the exact same way each time.
 
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