ES Journal - 2019/2020

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As coronavirus cases surge across the U.S., the internet has one word for this image of a crowded beach: Florida

Published: March 29, 2020 at 1:07 p.m. ET
By
Shawn Langlois
MW-ID301_beache_20200329113341_ZQ.jpg
 
The unwinding after 2000 was quite 'messy' too. Strong rallies and bounces are part of the script even in a bear market.

We have currently rallied 15,95 % off the low in S&P500. Doesn't really mean anything.

Comparatively, NDX is only 12,06 % off the low, but only traded down 30,45 % versus 35,41 % on S&P500.
 
You bunch of Nostradamus sissies :D

Don't anticipate, just trade! :finger:

You should just stick with the DOM then and use no reference of past prices. :)

In my humble opinion - a good trader should always anticipate and plan a few base scenarios and a few unlikely ones too.

That way you're essentially prepared for anything that can happen and will know how to trade them all.
 
Do both :)
I am 100% more successful with the added anticipation. Not 100% accurate but when it plays out as anticipated, I milk the cow.
Seriously, who really knew 6 weeks ago that we would fall this much? Some of you believed we wouldn't fall, period. LOL
 
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