ES Journal - 2019/2020

[Overnight]

We actually talked about that today here in the ES journal. I said someone starting out could take $100 and learnt o trade the ES micro, but someone disagreed with me and said that someone needs at least $1100 to trade micros. Your $50 is easy enough to come up with, but even I think that that is too little by about half.

No, I didn't say someone needed $1100 to trade micros, I simply said it was better (safer) than $100. Heck, the only thing you "need" is whatever the broker requires, which happens to be $50 at Ninjatrader I believe. That's nuts.

 

[NQurious]

I saw an ad that had a $25.00 account minimum promotion on the micros.

I saw that too, not sure if it was AMP or someone else. But $25 isn't enough margin for one micro. I think AMP advertised $50 margin for the micros.

 

[NQurious]

No, I didn't say someone needed $1100 to trade micros, I simply said it was better (safer) than $100.

Fair enough

 

[vanzandt]

Give POA to VZ in case you don’t wake up and ES has a melt up.

It's not a "meltup"... its a bear market rally.

B1: Its not "fast food"...

 

[Buy1Sell2]

I expect an intraday drop here to at least 2880 and better than 50 percent chance of 2870

WACKA WACKA WACKA

 

[Buy1Sell2]

Just for the record--- there was a massive sell signal at close of biz yesterday on cash,

Yep---Talk to you soon---

 

[cowf]

We are currently nonlinear, within an uptrend. Trading from 2872 to 2895 will take us back into linear territory to 2920 and up. With the contingency of 2872 possibly acting as a resistance, or even 2920 acting as a resistance when reached, we can also have a possible trade down to 2820, while still maintaining the uptrend. Forward thinking, back to 2960.00.

 

[glazier]

SS 7585
stop at 87.5

 

[glazier]

SS 7585
stop at 87.5

+7

 

[glazier]

SS 7585.5
stop at 94