ES Journal - 2019/2020

schizo · Apr 28, 2020

EsKiller said:
Was talking to a few trader buddies of mine. It was pretty convenient timing over the past month and change when ES was getting ready to push down, and a nice convenient Trump Pump announcement comes in to send the market to the sky when there was a lot of stops to get run. That adds to my hesitancy to add shorts when it feels like someone is monitoring the charts and telling him the exact moment to put the announcement up there. happened a few times while I was in trades or about to get in one. IMO they are playing some games.

You are totally missing the point I'm making. It's not about the direction or being stopped out.

I was stopped out twice yesterday, okay? This happened a few more times before. It was almost always at the price of the stop or a tick above it. Then it would reverse on me. If it's just once or twice thing, I would say who the f*ck cares? That's all part of the business. But if you keep seeing the same shit happen again and again, you start to think differently.

For the record, I AIN'T A CONSPIRACY BS'ER. (Not shouting either)

schizo · Apr 28, 2020

nillionaire said:
If I am not mistaken, the 81.25 was hit at 3:50pm which is the MOC that has been causing drastic moves every day. Just unfortunate that it happened to be right where your stop was.

How do explain the earlier stop at 71.75 (my stop was 71.50) and many others I experienced before yesterday? This place is damn weird. :wtf:

Anyway, have a nice day (or night), wherever you may be. Again, this place...creepy LOL

Relentless · Apr 28, 2020

schizo said:
You are totally missing the point I'm making. It's not about the direction or being stopped out.

I was stopped out twice yesterday, okay? This happened a few more times before. It was almost always at the price of the stop or a tick above it. Then it would reverse on me. If it's just once or twice thing, I would say who the f*ck cares? That's all part of the business. But if you keep seeing the same shit happen again and again, you start to think differently.

For the record, I AIN'T A CONSPIRACY BS'ER. (Not shouting either)

Maybe in theory if they keep hitting to the tick you can try putting the stop out slightly further than where you originally planned?

Maybe you'll just find they are a hair too tight per whatever current volatility. Just seems like horrible luck to me though.

Noone123 · Apr 28, 2020

Looks like 3000 is in play as well if it takes out yesterday's high. I may cut loss and short higher later.

Overnight · Apr 28, 2020

Relentless said:
Maybe in theory if they keep hitting to the tick you can try putting the stop out slightly further than where you originally planned?

Maybe you'll just find they are a hair too tight per whatever current volatility. Just seems like horrible luck to me though.

Or not have a stop at all. If the one stop is causing the market to reverse, then not having that stop will allow the market to flourish.

Silliness.

schizo · Apr 28, 2020

Relentless said:
Maybe in theory if they keep hitting to the tick you can try putting the stop out slightly further than where you originally planned?

Maybe you'll just find they are a hair too tight per whatever current volatility. Just seems like horrible luck to me though.

Look, do you not see the point I was making? The reason why I intentionally placed a RANDOM stop was to see if it would make any difference. I could understand if I placed the stop just above a key resistance and I was stopped out, but where I placed the stop was like in a no-man's land. There was no need for it to reverse.

Anyway, thanks to everyone for listening to my kvetching. Now I hope you will move on and ignore my posts.

Relentless · Apr 29, 2020

schizo said:
Look, do you not see the point I was making? The reason why I intentionally placed a RANDOM stop was to see if it would make any difference. I could understand if I placed the stop just above a key resistance and I was stopped out, but where I placed the stop was like in a no-man's land. There was no need for it to reverse.

Anyway, thanks to everyone for listening to my kvetching. Now I hope you will move on and ignore my posts.

My bad I missed that you were placing them randomly.

Screwy to be sure.

Noone123 · Apr 29, 2020

Ah, swinging long for now. Long oil too.

wiesman02 · Apr 29, 2020

schizo said:
Look, do you not see the point I was making? The reason why I intentionally placed a RANDOM stop was to see if it would make any difference. I could understand if I placed the stop just above a key resistance and I was stopped out, but where I placed the stop was like in a no-man's land. There was no need for it to reverse.

Anyway, thanks to everyone for listening to my kvetching. Now I hope you will move on and ignore my posts.

not a single person mentioned this. I took a look at the first trade in question. Do you not use measured moves ? I measure the waves in both the move up and the pullbacks. If you were trading the 5 min bars (based on your chart). So from 940est to 10;50 est u had 13, 12, and 10 point up waves, and 8, 10, and 10 down waves before the big move up. I know this is hindsight BS, but I'm always measuring waves when we have a trend day. they are useful. for your first trade in question, you placed a stop within the range of the average wave and it just so happen to get hit. Nothing strange here, just a bad "random" stop. 2nd trade, it was during the rebalancing time which is completely random.

NQurious · Apr 29, 2020

schizo said:
The reason why I intentionally placed a RANDOM stop was to see if it would make any difference.

That 81.25 was in the line of fire of an algo target, schizo. It was random to you, but it had a bullseye just a tick or two above it. 82.50 was the full target ... end of day it was just front run by a point and confounded by the MOC hustle. But eyes were on that figure before you posted your stop.