ES Journal - 2017/2018

[speedo]

I guess you missed 2017.

I took over a thousand shorts in 2017, more of them worked than didn't.

 

[Zodiac4u]

I guess you missed 2017.

If you watch the Dom. There you will find bid and ask. Prices move up and down, one is a seller and the other a buyer. This facilitates trade (commerce), Thus markets can't just go one way.

 

[KevinD]

okay, you guys win.

 

[Zodiac4u]

okay, you guys win.

No Win, Just trying to help.

 

[mbondy]

Last add 2675...Avg short 2666.25

You've got balls, man.

 

[mastacoli71]

You've got balls, man.

You stick to your strategy which includes stops. Sometimes you win sometimes you lose. At the end of the day it’s a game.

 

[KevinD]

You stick to your strategy which includes stops. Sometimes you win sometimes you lose. At the end of the day it’s a game.

I've heard of a three scale strategy, never four, but I don't disagree with what you are doing, so long as you've got the patience to ride that thing out.

 

[mbondy]

I've heard of a three scale strategy, never four, but I don't disagree with what you are doing, so long as you've got the patience to ride that thing out.

Patience and solvency. The right idea at the wrong time can still be an account killer.

 

[zenemini]

Patience and solvency. The right idea at the wrong time can still be an account killer.

I've always found it easier to just take the first loss and go with the flow of the market myself. I will occasionally "pull" or, rather "pause" a stop loss to make sure T&S is, in a sense, confirming the adverse move. But I will stop out rather than average a loser, everytime. Too much to make by just going with the flow, which means there is too much to lose by fighting it. I guess it works for some. But it would cause me no end of stress until I pulled the plug on the trade one way or the other.

 

[KevinD]

Patience and solvency. The right idea at the wrong time can still be an account killer.

Yeah, I've learned that lesson a few times...