Exactly.
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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I'm not following you at all. If you are explaining your trade(s) then dates and prices matter. The charts are all the same, are they not? I do see that you are marking three dates in particular: 1/29, 2/9, and 2/272018. But I have no idea what it is you are hoping to teach me with those three charts.
So let me get this right B1, just for journal integrity. I think the readers here should realize what all this implies.
For one contract.... you are willing to tie up at least $6000 of your own money to margin about $140,000 (cost of one contract) at 3.9% APR for 4 months ($1800 in interest) and you are willing to lose a total of $6500 (130 points) on this trade.
Does this sound about right?
You are either so fos or you have no business trading real money my dear because that is just off the charts stupid. There is no risk management. None. It doesn't even make sense. And you expect us to believe you are trading size? GMAFB.
But other than that B1... don't ever change. We love ya babe.
You are not taking into account the $9850 of closed equity on this trade, which would still be open trade equity had it not been for the roll from ESM to ESU.
The same rule would apply to the initial trade.
And the trade before that....Oct '18 thru Jan '19... ("We are only going higher")... would have busted the bank and he would not have been able to make any trades at all.
And just for the record... a high net worth individual here who doesn't mess around offered him $10K in BTC if he produced a blotter of any kind showing at least 1 trade. Custodianship was offered up to Baron.
.... Nothing.
So who knows. Is what it is.
The same rule would apply to the initial trade.
And the trade before that....Oct '18 thru Jan '19... ("We are only going higher")... would have busted the bank and he would not have been able to make any trades at all.
And just for the record... a high net worth individual here who doesn't mess around offered him $10K in BTC if he produced a blotter of any kind showing at least 1 trade. Custodianship was offered up to Baron.
.... Nothing.
So who knows. Is what it is.
Put him in his place Zandt!
Watch out next week Monday to Wednesday PMI's will be ugly, PPT will be on fire Thursday-Friday for payroll fugayzee numbers
Speaking from my own experience, it is very easy at times to confuse ET with real life.
No... its not about that.
I just don't like being told what I sat home and traded on the close Thursday with 100% real money... was anything but a strong close with buyers far outnumbering sellers who were trying to take intraday profits like I'm some kind of f'ing rookie at this stuff.
His calls are stupid, there is no risk management... and he got lucky Friday because Trump pulled some off the wall curve ball protectionist sh*t that no one in the f'ing world saw coming.
Other than that... its all good.
Keep the peace.
90% of people in PAID chatrooms aren't trading.... they've long since blown out but enjoy the camaraderie. No shit. They'll pay for the opportunity to avoid being productive.
Now, substitute a paid chatroom with (free) ET. What is the % of actual traders? How many of these guys are actually trading? I know you are as you're sending me blotters on CL products all the time; overnight, probably NQurious.
Offer still stands... I'll pay @Buy1Sell2 three bitcoin if he can produce a blotter in a production account that shows this short ES and cover.
That is quite an offer and challenge to Buy1Sell2. It will be interesting to see how this plays out.
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