ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
- Status
My plan for this summer. And maybe put on a micro or two for overnight/weekend no chaperone swingin.they low ticked you! Annoying when they take your stop and then fly in your intended direct, right?
Yeah. A real kick in the cornflakes.
Kind of happened a few times today tbh.
My short at 7875 or so that stopped me was looking pretty tasty down at 7792 an hour or so later!
Might try bigger stops tomorrow
Looks like we will be seeing new highs for the week on ES tomorrow, if not sooner.
Edit: However:
https://www.bloomberg.com//news/art...-the-fastest-pace-in-a-decade?srnd=markets-vp
Edit: However:
https://www.bloomberg.com//news/art...-the-fastest-pace-in-a-decade?srnd=markets-vp
It's happened to us all.
BUT, instead of widening a stop, which will guarantee an even larger loss if hit, maybe better to optimize towards a more appropriate entry. Personally, I take the inverse... I look for signs/signals of trade going/gone wrong (not to be confused with wiggle room) and jump on right side of the movement. At the very least, it neutralizes minimal losers. Just being a little chatty today. Just do what works for you... and Never Never marry a trade, like the beloved B1S2.
This may well be why the CME is introducing the micros. Lets face it, the new generation does not have money to dabble in the markets. Whatever they do have they are spending at Robinhood with no commissions. So the CME is trying to get a piece of the pie I think.
I'm telling you ... nothing is getting done until 29.25 proves its mettle.
- Status