ES Journal - 2019/2020

Buy1Sell2 · Apr 1, 2020

Headed out for 9. Talk to you soon.

NQurious · Apr 1, 2020

Buy1Sell2 said:
Certainly not intraday. It's more outraday.

Thanks for clarifying, B1 - you outrathisworld!

deltaf0rce · Apr 1, 2020

Noone123 said:
So you scalp bc you have little capital? Should always have sufficient capital to trade the best strategy and not limit yourself.

It came to me on my morning jog that scalping is like bunting in baseball..when you're in a slump you bunt to get your eye back on the ball and scalping feels that way for trading...discuss

deltaf0rce · Apr 1, 2020

NQurious said:
Thanks for clarifying, B1 - you outrathisworld!

I think that guy blocked me, i have no idea what i did but hasvent seen a post for days..ive been a member for 4 days lol

trdes · Apr 1, 2020

deltaf0rce said:
It came to me on my morning jog that scalping is like bunting in baseball..when you're in a slump you bunt to get your eye back on the ball and scalping feels that way for trading...discuss

It doesn't change the fact that the markets are fractal, so I am trading a probability setup on a smaller chart. Which given the ranges yes can be classified as scalping, but I am still trading within ATR of the chart as far as stop loss and profit target.

I also trade larger charts, but they do push the perimeters of the account I am trading, so I tend to only take those when I really like the setup.

Noone123 · Apr 1, 2020

trdes said:
I have sufficient capital for what I am doing and I am extremely consistent. No, I don't have appropriate capital to trade the absolute best and most profitable way. As sometimes I do have to cut my trades, when probability wise it's not necessary but to stay in line with the risk I have to per account I am trading.

I don't think that's a reason to not trade. I am doing fine. If you want to toss some more capital my way, since I should always have that. I don't have any issue with that I can PM my wiring instructions.

Lmao.

deltaf0rce · Apr 1, 2020

trdes said:
It doesn't change the fact that the markets are fractal, so I am trading a probability setup on a smaller chart. Which given the ranges yes can be classified as scalping, but I am still trading within ATR of the chart as far as stop loss and profit target.

I also trade larger charts, but they do push the perimeters of the account I am trading, so I tend to only take those when I really like the setup.

i always make my big money on the overnight holds but the gap risk doesnt let me sleep and i inevitably mess it up, most likely due to emotional and physical fatigue

Laissez Faire · Apr 1, 2020

Coming for the Izzy Bottom by end of week or early next week?

Remind me - @Buy1Sell2 - exactly where is the Izzy Bottom?

Laissez Faire · Apr 1, 2020

By the way - when's the last trading session next week? As far as I can see, Friday is closed. Is Thursday a full day?

Overnight · Apr 1, 2020

Buy1Sell2 said:
Normal, expected pullback once pricing gets to 20 day MA. Classic and healthy. Staying long. I expect pullback to resolve overnight or in the AM --at worst Fri AM and then we head higher from there. This is a bit of a longer term call . Certainly not intraday. It's more outraday.

Well B1, if last week is any guide, tomorrow's initial numbers with a 3.5mil projection should send the market through the roof, and Friday's NFP projection is quite optimistic, comparatively-speaking. Good luck with your longs.