ES Journal - 2017/2018

[mbondy]

... still waiting to hear from b1s1 to tell us how much he loves this pullback

 

[Spooz Top 2]

... still waiting to hear from b1s1 to tell us how much he loves this pullback

 

[zenemini]

... still waiting to hear from b1s1 to tell us how much he loves this pullback

B1S2 has his plan and trades it. Looks like he manages a profit over the long run, which is all that matters, imho.

 

[Buy1Sell2]

We shouldn't trade any lower once again than the 2625 to 2630 area---especially during RTH. Pullback here is normal and healthy. Staying long.

 

[treeman]

B1S2 has his plan and trades it. Looks like he manages a profit over the long run, which is all that matters, imho.

Seriously. And if you’re going to go long in this consolidation range, the bottom of it is a place to do it. He’s been long since it hit the 200 day, so even with these ride downs, he’s in positive territory. I guess everyone wants others to see the world as they see it. I suppose thats human nature, but I don’t get the contempt. It’s his money, and his journal of thoughts and musings.

 

[tiddlywinks]

B1S2 has his plan and trades it. Looks like he manages a profit over the long run, which is all that matters, imho.

https://www.elitetrader.com/et/threads/es-journal-2017-2018.305406/page-434#post-4643403

That's over the course of 1 year and 3.5 months...do the math. To be sure, profit is profit, but.

 

[Spooz Top 2]

I like to try & envision how a move will formulate.... That said, I`m looking for a false move North/ Wyckoff Thrust above the TL & potentially above the 2720 previous swing hi... followed by a quick move straight down to the lower TL/ Support line & a bust straight thru it..

Welp, we spiked North as expected followed by a true move South... Certainly not the exaggerated whip saw moves we typically get but much more conservative... I expect follow thru South bound with sellers arriving tomorrow... similar to last FOMC.

 

[mbondy]

B1S2 has his plan and trades it. Looks like he manages a profit over the long run, which is all that matters, imho.

Seriously. And if you’re going to go long in this consolidation range, the bottom of it is a place to do it. He’s been long since it hit the 200 day, so even with these ride downs, he’s in positive territory. I guess everyone wants others to see the world as they see it. I suppose thats human nature, but I don’t get the contempt. It’s his money, and his journal of thoughts and musings.

You two his daughters or something?

Let us chortle in peace at his musings, it's all in good fun. I actually hope he does well but since I am of the opposite mindset and have fundamental reasons to be that way, I like to try to inject some sanity into his trades. So far I'm batting 0/20.

 

[tiddlywinks]

Seriously. And if you’re going to go long in this consolidation range, the bottom of it is a place to do it. He’s been long since it hit the 200 day, so even with these ride downs, he’s in positive territory. I guess everyone wants others to see the world as they see it. I suppose thats human nature, but I don’t get the contempt. It’s his money, and his journal of thoughts and musings.

Agree. His money, his journal (open to the public). No reason for contempt.
He also states he is "trying" to improve his short term trading. And then displays he hasn't learned much of anything by marrying into ridiculous trades, defends the hold, and expects to rest on his "position trading" prowess, which by the numbers is minimal.

Bravo to B1S2 for journalling his calls with some integrity, for years.
And if he would merely drop the bias and take the opportunities that he seems to be able to identify in real-time, he would garner respect as a trader.

 

[zenemini]

You two his daughters or something?

I'm here for the company. No one who posts a call should be put in the stocks for a public shaming.