ES Journal - 2019/2020

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speedo said:
Are you using an ATM?
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It happened after I thought I put a limit buy order at 2475.00. There is something I'm not seeing here. In addition, my stop is no where to be found. I'm trading on an iPad instead of my MacBook, where I have everthing setup the way I like it. I may have entered a stop on ES instead of MES causing IB to reject it because of insufficient margin (only $30k available).

Paper trading for me now, until I get my work flow on this iPad going smoothly or when I get home to my MacBook.
 
BeautifulStranger said:
It happened after I thought I put a limit buy order at 2475.00. There is something I'm not seeing here. In addition, my stop is no where to be found. I'm trading on an iPad instead of my MacBook, where I have everthing setup the way I like it. I may have entered a stop on ES instead of MES causing IB to reject it because of insufficient margin (only $30k available).

Paper trading for me now, until I get my work flow on this iPad going smoothly or when I get home to my MacBook.
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:thumbsup:
 
NQurious said:
So the whole oil move is predicated up Trump and Putin's honesty. Interesting hypothesis.
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There are a whole lot of producers wanting to sell oil, but not many users wanting it right now. We'll see how long it takes for producers to cheat on stated quotas. I'd put the over/under at 15 minutes!
 
NQurious said:
So the whole oil move is predicated up Trump and Putin's honesty. Interesting hypothesis.
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You wanna bet that their daughters have (opposing) positions through some shell companies in the Bahamas?

"Daddy, my long/short pos is not going so swell..."

:D
 
BeautifulStranger said:
Moby and his dick? Excuse me, the story is Moby Dick and his obsession with a whale that was ultimately his undoing. It seems like B1S2 is your whale. I seriously doubt widows and orphans are hanging on every word B1S2 speaks.

You are a source of great, well reasoned trades and ideas, that I'm sure are appreciated by many, including myself.

Please be nice to B1: Bark less and wag more, as the saying goes. Please?

Remember, easy money is the fuel for market advances. The Fed is fully committed to propping the markets up until the economy recovers to where things hopefully can become self-sustaining on their own. Plentiful and cheap energy and new technologies could have potent "Bailout" power. Remember, the Fed acted decisively, well before any of the pandemic affected economic numbers came out. Thus in my mind, it is almost certain the lows have been made, absent a major adverse geopolitical development. If my read on this situation is wrong and we do take out the recent lows, we could be looking at systemic collapse with a entrenched negative feedback loop. The Fed, our President, and Congress will not just sit by and let that happen. $4T not enough? Let's try $8T. There is even an answer or two to deal with debasement of our currency. More on that later, depending how things transpire. We need a new New Deal? Done. Infrastructure spending up the wazoo. Painful inflation? Of course, but not necessarily immediately. Besides, even if inflation were immediate, would you really want to be under invested in cash, or worse, in a long term short?

Don't fight the Fed and buy the dips for longer term trades is probably the best way to go.

Your turn.
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You changed your name from Maxpossiblesuffering. Why? Anyway, yeah... his name was Captain Ahab. Herman Melville. I had to read it in high school. Pretty sure I must cheated on the test because I know I didn't read it. One of the reasons I'm not real keen on the nationwide legalization of weed, but we've beat that horse into glue already.

And no... honestly I could give a shit about B1, despite what it might appear. And I actually thought about that for real, of late I have used B1 as my whipping post when I feel like venting as he represents all that's stupid right now coming from our leadership in DC. And even at that, normally I wouldn't care nor feel a need to vent, I've lived enough and seen enough to not let little things get under my skin. But when you are looking ahead at what seems almost inevitable... and it could very easily take the life of one you love more than anything else in this world... yeah.... I'm gonna go ahead and vent on an idiot that keeps talking stupid shit that doesn't know his ass from a whole in the ground and gets his talking points from Sean f'ing Hannity. I'm only human ya know. So whatever on that. I'll be nicer to B1 ok. For you Max.

Regarding the markets.... we'll see. Its a tough call. We're getting a rally today on something I said 2 weeks ago would happen... Trump would call that idiot in Saudi. Big surprise there, anyone could see that coming. Problem is... this rally is a joke... $30 sounds great today after the last week or so... but I promise you.... its sounds horrible over in Texas and in the Permian. It might as well be $10 because the result is gonna be the same until we get it near $45. This rally is laughable. I can promise, its not the elite money guys that manage pensions and swf's. It's algo's. Without even looking, I bet volume is light across the board.

So whatever. Its a beautiful day, there's not many cars out, so I'm gonna take Muttley out to stretch her legs while I ride my bike. Reminds me of Fred, the Basset Hound in Smokey and the Bandit.

Another happy song. One of Jerry's best. He was a great song-writer. Amos Moses.

 
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