ES Journal - 2019/2020

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vanzandt said:
Yeah but will people be talking about you 80 years from now?
I didn't know the cat, never read that book.... but he must have done something right. Right?
Who knows.
Buy the dip!
Caveat emptor...
........@Buy1Sell2 is long.
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The book is a good read VZ.
 
oraclewizard77 said:
Target was hit, I should have stayed with 3 points.
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No, you should not have. Because it could have very likely happened that the moment the last price hit 1 tick below your original target, it would have hit your stop (if you had one).

The shoulda' woulda' coulda' game in your mind will destroy you. Don't do it.
 
vanzandt said:
but he must have done something right. Right?
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He most certainly accumulated a fortune, twice, but lost all twice, the 2nd time was unable to recover in 10 years of trying... so what can his books teach you? Perhaps what not do or perhaps "following your gut" is not a legitimate strategy.
 
Overnight said:
No, you should not have. Because it could have very likely happened that the moment the last price hit 1 tick below your original target, it would have hit your stop (if you had one).

The shoulda' woulda' coulda' game in your mind will destroy you. Don't do it.
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Yes, I should have. Also, probably should not have posted the trade here. However, it was a very high probability setup so now I look like a fucking Oracle. LOL. We were not even at top resistance. No reason not to take more profits.
 
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