ES Journal - 2019/2020

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Longshot520 said:
Out of curiosity, why not play an asset that allows you to take wider stops without needing to risk as much? I switched from trading ES and NQ to RTY a while ago because it's so much easier to scale into. Still $50 a point, but unlike NQ and ES, it moves in 10c increments, not 25c, which just feels a lot less overwhelming. Plus with the Russell having a higher beta all around anyway it's got more volatility.

Just a thought.
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great consideration !
 
_eug_ said:
Hey glazier,

Do you think maybe you are over trading? why not wait for the A+ setups and only take 1 or 2 trades a day and be done with?
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hiya. Yeah, that's what I try to do, tbh. Just wait for the A+ setups. Although they sometimes turn out to not be as A+ as i thought they'd be :)

When i've restricted myself to just 1 or 2 trades, I often find myself wanting to place trades but not taking them because of my rules, and them trades turn out to be trades that would have put me green which is very frustrating lol

But yeah, my stops are maybe way too tight for this market environment

As suspected, my last stop out lead too a hell of a rally seconds later. D'oh!

Cheers
 
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