ES Journal - 2017/2018

Status
Not open for further replies.
I basically fucked up, I was so married to my perspective on what should have happened in CL that I couldn't act in a timely manner and get out with minimal pain. I had the discipline not to average down thank god. Basically sitting break even between the SHORT NQ gain from yesterday and Long CL lost. I am still a rookie what can you say.
 
What was it that made you look at 2803? That was the low tick! Great call :)
A couple points above 2800 where B1S2 says is very important. Nothing much more than this.

also, 2800 is a big deal, a round number to go below this is a big deal.

If they tested it, and I was down a few points I figured it bounce above.
 
Not the ES per se, but I just picked up next week's 2870 SPXW call at 1.20. It looks like the beginning of institutional buying this afternoon...looking to take out new highs next week.

Edit: Oh, apparently my confirmation is kicking in before I could get this posted....we'll mark it at 1.65 to conform to the time stamp....shouldn't dramatically alter the payoff... :D

That said, I'm also bullish as hell right now but with a lot of hedge under me (well, actually above, if you want to get technical...it's a straddle)

Well, score one for hedging....today is F'ing brutal!

Edit: that hedge was on my portfolio generally, not the SPX.....but my portfolio was looking for a similar type move as the SPX position.
 
I basically fucked up, I was so married to my perspective on what should have happened in CL that I couldn't act in a timely manner and get out with minimal pain. I had the discipline not to average down thank god. Basically sitting break even between the SHORT NQ gain from yesterday and Long CL lost. I am still a rookie what can you say.
I have a feeling you are no rookie but an extremely talented trader. :)
 
Status
Not open for further replies.
Back
Top