ES Journal - 2017/2018

[mastacoli71]

He's in the 18,000+ posts club. I heard that one of the benefits is VIP treatment by the mods.

Too funny

 

[Spooz Top 2]

Sorry you are incorrect, he closes the position to roll to new month. You don't have a clear understanding of that. Also, changes in policy change the TA. So if on a longer term chart support has not been breached then he has been right and profitable over the long term with his strategy. Also, as far as I know he does not always go long, during a bear market he has taken short trades. Finally, NT reports show that my trading has been profitable. Also, in the past on C2 , I had the number 1 trading system of all time in Forex out of over 9,000 trading systems for over a year plus over 20 paying subscribers. Stats don't lie, only people who don't understand them have something to prove.

I think it`s adorable that you feel the need to don your Superman cape & knee pads to defend your friend... but we are more than capable of having a civil discussion without your interference.. we`ve been doing so long before you arrived to these threads, going back to`07
Perhaps you missed the hypocrisy & double speak over the years?

In Futures...Not Forex... Rollover is Cash Settled & Marked to Market on new position.

Roll Forward

What does 'Roll Forward' mean
Roll forward refers to extending the expiration or maturity of an option, futures contract, or forward by closing the initial contract and opening a new longer-term contract for the same underlying asset at the then-current market price. A roll forward enables the trader to maintain the position beyond the initial expiration of the contract, since options and futures contracts have finite expiration dates. It is usually carried out shortly before expiration of the initial contract and requires that the gain or loss on the original contract be settled.

Futures
A futures position must be closed out either before the First Notice Day, in the case of physically delivered contracts, or before the Last Trading Day, in the case of cash-settled contracts. The contract is usually closed for cash, and the investor simultaneously enters into the same futures contract trade with a later expiry date.

 

[Spooz Top 2]

Thanks for posting here, ignore all the haters, you at least show that trading can be profitable over the long term with actual trades in real time.

Haters? How old are you, 13?

It`s about accountability & consistency ... No one gets a free pass here with double speak & hypocrisy, You included...

We are all here doing the same thing with open discussion & dialogue..Sharing info & holding each other accountable when need be... B1 handles himself just fine despite bringing a lot of it on himself.. He doesn`t need help from an admiring moderator moved by a Bullish pheromone trail.

 

[Spooz Top 2]

I don`t sit in front of my screens anymore & post entry/ exits instantaneously.. for what it`s worth... I SS 49.75 Yest off extended NL... at my Ideal 3pm Reversal time... Disregard it if you will... as technically It was a low RR set up with 10 pt initial stop at the right time of day for CT.

 

[Buy1Sell2]

One other point...imagine you are in an intraday long with decent leverage and another 911 happens...you would be completely pooched!

This is why it's good to keep less than 20 percent TLNW in the trading acct.

 

[srinir]

Haters? How old are you, 13?

It`s about accountability & consistency ... No one gets a free pass here with double speak & hypocrisy, You included...

We are all here doing the same thing with open discussion & dialogue..Sharing info & holding each other accountable when need be... B1 handles himself just fine despite bringing a lot of it on himself.. He doesn`t need help from an admiring moderator moved by a Bullish pheromone trail.

Didn't you know he had 20 subscribers @C2 one time? Wondered what happened, since all those subscribers no longer there. I bet Optionsellers had more subscribers too

 

[Buy1Sell2]

Thanks for posting here, ignore all the haters, you at least show that trading can be profitable over the long term with actual trades in real time.

Tremendous posting.

 

[Spooz Top 2]

Ok then.. Let`s get back to trading content, shall we?
Let`s put the schizophrenic discussions & bromance to bed... No pun intended, of course!

 

[Buy1Sell2]

I’ll be the first to admit I am more comfortable short vs long mainly due to black swan events. There is a very low probability of the mkt trading limit up overnight or intraday but a much higher probability of limit down happening overnight or consecutive days. You make a very good point about controlling the blow up risk by controlling leverage. However, also be aware of the psychological effect of losing $ (even if just paper loss) has on trading.

Controlling leverage is a big component of Prudent Risk Management. It's nice to get direction right, but it's not necessary to have a high win ratio.

 

[Buy1Sell2]

Divergence does not exist on the cash chart in my view in any meaningful way. Could be slight pullback but not reversal as I see it.

I continue to stand by this analysis.