ES Journal - 2019/2020

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Overnight said:
No.


NQ, I'm not fighting with you. But jeez, research the people your chastise before you spew superfluous underhanded insults at folks like me. Yes, 400+ points is a risk we take in swing trading. Hell, B1S2 said he put on an ES short with an initial stop of something like 150 points. That's pretty similar in monetary value to a 400 point NQ stop.
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I don't know your trade plan ON but I'd be careful about using B1 as a reference standard.
 
speedo said:
I don't know your trade plan ON but I'd be careful about using B1 as a reference standard.
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What I am saying is, NQ should not be dissing me on a 400+ point move against me, when B1 is doing basically the same thing monetarily. I do not treat B1 as any NIST fulcrum.

He's not my "preferred dose of I.U. of vitamin B1." :-)
 
Overnight said:
What I am saying is, NQ should not be dissing me on a 400+ point move against me, when B1 is doing basically the same thing monetarily. I do not treat B1 as any NIST fulcrum.

He's not my "preferred dose of I.U. of vitamin B1." :)
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My objection is that you state that such risk is normal. I think it is f’ing stupid. I posted a swing trade here on the ES back in March - 20 point stop with targets multiples of the stop. At some point well before the 400 point drawdown there were signals that the trade not only wasn’t going to work, but that the correct trade was the opposite position. Unless, of course, you are someone who “never takes a loss” because it is “only on paper.” Dissing you lol ... dude, you disrespect yourself trading like that and acting as though you are being reasonable.
 
Overnight said:
What I am saying is, NQ should not be dissing me on a 400+ point move against me, when B1 is doing basically the same thing monetarily. I do not treat B1 as any NIST fulcrum.

He's not my "preferred dose of I.U. of vitamin B1." :)
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:D
 
NQurious said:
My objection is that you state that such risk is normal. I think it is f’ing stupid. I posted a swing trade here on the ES back in March - 20 point stop with targets multiples of the stop. At some point well before the 400 point drawdown there were signals that the trade not only wasn’t going to work, but that the correct trade was the opposite position. Unless, of course, you are someone who “never takes a loss” because it is “only on paper.” Dissing you lol ... dude, you disrespect yourself trading like that and acting as though you are being reasonable.
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NQ, you really must be new to the markets? I am trying to apply the lessons I have learned from past experiences. That is all I am trying to do.

Take these three snapshots and think about it...


nqurious1.jpg
nqurious2.jpg
nqurious3.jpg


Chart #1 Buy Long.

Chart #2 Panic and sell at the bottom, about 2 weeks later.

Chart #3 If I had let the swing work, no need for selling at #2. Back to BE, and on to some profit.

Look at the time between chart number 1 and 3. A month. One measly month. Do you start to get the picture now?
 
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