ES Journal - 2017/2018

[Buy1Sell2]

Buy1Sell2 said:
One of the things a trader needs to avoid is frustration. You just need to eliminate it. For example when you are trying to ride a nice trend into the close and a new high is made and then price pulls back quickly by a pt and a half, you just need to relax. If the trend is good, it will recover. If not, then you have your stop. Quick pullbacks like the one that just occurred are rarely trend reversals. ---Price currently 2246.25
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Edit price was 2346.25 -- mistyped --

#885 Saturday at 1:26 PM Report


Long from 2346 not 2272.50?

I've never posted that I was long from 2346.25

 

[Buy1Sell2]

I've been long since page 51 of the journal.

 

[wave]

Food for thought. S&P 500 momentum clearly in an uptrend. Valuation-wise, it's getting expensive...Accumulating puts not a bad idea...

 

[wave]

Momentum | Valuation | Risk Management

 

[wave]

Current S&P 500 valuation hitting 2.5 SD...

 

[wave]

Valuation-wise, 2220 would be the place to start buying again.

 

[Handle123]

L 59.25

 

[Handle123]

L 59.25

Made buck and lock in tick on runner, had added on lower one minute lows.

Stopped out on runner.

 

[Overnight]

I've been long since page 51 of the journal.

So 2272ish?

 

[W.J. Feathermaker III]

Back on Page 51, Pinabetal was doing cartwheel's. B1S2 played it well.