ES Journal - 2017/2018

[KevinD]

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.

Yeah for most people that works. Occasionally, I have come across a few people who seem to average well and do it consistently. But that territory is littered with corpses (even the good ones get nailed if they get careless just once).

 

[zenemini]

Short 76 3 point stop

 

[Spooz Top 2]

Bullys established floor over 60 pivot .. so looking strong here...with more room to run... flat here as i lowered trailer off weds hammer... small gain of 12h on 3c...

Looking at that 2700 TL kiss... & potentially 2720 area.. potential Wyckoff Thrust set up there.. Flat & In Observation Mode here & will remain that way Unless a Cherry presents itself.

 

[Zodiac4u]

long72.50

 

[Zodiac4u]

long72.50

stop70- out


The bounce off the 69 area was a fooler, still favoring topside once over the 200.

 

[Handle123]

It a little chucks day
Long 67.50
PS 65.75
PS 67.75
dumped half at 2.00
have runners
was H&S pattern counter trend
exit 71.50
markets rise too fast. Like a gift and take profits,
may more opportunities throughout the day

 

[Handle123]

S71.50
ps73.50
ps 71.25
dumped half at 2.00pts
exit 69.00
little chunks are ok, they just tiring and can't add onto
like a trend one can add on several times during duration
of move. Up/down so far today, many reversals, exit and reverse.

 

[mastacoli71]

Bullys established floor over 60 pivot .. so looking strong here...with more room to run... flat here as i lowered trailer off weds hammer... small gain of 12h on 3c...

Looking at that 2700 TL kiss... & potentially 2720 area.. potential Wyckoff Thrust set up there.. Flat & In Observation Mode here & will remain that way Unless a Cherry presents itself.

This mkt like a wound spring. I still believe we go down off this 61.8% retrace touch this A.M. Plus 5th touch of triangle occurred last week.

 

[zenemini]

Short 76 3 point stop

Just got my +10 points on my paycheck portion, and the runners will keep the 3 point stop loss.

 

[Handle123]

You were targeting 1 tick, Handle?

If a trade does not happen either cause of lack of time or possible new cycle, I will target one tick to allow others to pay my fees and lunches/dinners, mind you I am averaging down on each trade and do not have time to post all the add-ons, so getting out at one tick on original entry is where I be getting out on all the average down entries, do a "Breakeven plus one tick" exit depending size I work up can be huge money for me. Right now am doing small size before I hand off system to have programmed of newer signals. There is just so much you can do in back testing phase, then comes the real time to work out kinks then months of programming, I rather work out the kinks before handing off to partner to do his magic.