ES Journal - 2019/2020

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syswizard said:
Must congratulate B1S2 on his crude oil call. He's gotta be up at least $5k per contract.
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He calls an oil low at a round number of $20, a 23 year low... yeah... he's a regular market guru. How's he do it? :rolleyes:

And the only time he'll be up $5K is if he has 4 people in his household that filed a return in 2018. What is it now, $1300/person? Our stimulus checks?

See I was nice. I didn't say "fuck" one time.
 
Overnight said:
Thanks man, that made me laff.
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Hey... if gold drops to $480/oz... (an equivalent drop compared to oil @ $60/bbl)... I'm gonna call a bottom... and I can be a market guru too! Maga!.
Gimmee a f'ing break. Don't make me puke.
What's his next call gonna be... it'll rain in Georgia in April?
Goddamn he's brilliant.
How'd I ever miss oil at $20?! I thought it was going to $3. The shit just bubbles up out of the ground. :banghead:
 
vanzandt said:
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How'd I ever miss oil at $20?! I thought it was going to $3. The shit just bubbles up out of the ground. :banghead:
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If you recall, CL was my first love in trading, and I missed it also. 20 seemed kinda' low. But the violence of the drop seemed obscene, and as I had shifted my focus to equities I lost sight of it.

And then there is cows. Fukin' live cows. Just when I thought maybe we had reached a bottom on 85ish for June delivery, the thing hits another low limit lock today at 83. Damn. This market is shriveling my balls on day trades, much less swings! OMG. I wish I was trading stocks at this point. :-(
 
vanzandt said:
Its not what they do now... its what happens after the dust settles. Anyone can print money. For all things in this world Max... there exists a ying and a yang. There's no free lunch. Call it physics, call it whatever. All I know is ... "for every action there exists...." .... fill in the rest and save me from being trite.
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Not to sound trite myself, but I know some people who have been singing that same tune for the last 11 years while the market was making ATH nearly every day. Everyone deep down knew the market was rigged, but who are they to make that call? Reality never sits well with "physics", or whatever.
 
Overnight said:
If you recall, CL was my first love in trading, and I missed it also. 20 seemed kinda' low. But the violence of the drop seemed obscene, and as I had shifted my focus to equities I lost sight of it.

And then there is cows. Fukin' live cows. Just when I thought maybe we had reached a bottom on 85ish for June delivery, the thing hits another low limit lock today at 83. Damn. This market is shriveling my balls on day trades, much less swings! OMG. I wish I was trading stocks at this point. :-(
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You jack of all trades. That's why you need to specialize.
 
schizo said:
You jack of all trades. That's why you need to specialize.
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Hrmmmm....Well, I was taught (and it makes sense) that you can make money in any market, so long as it moves. LE had not been moving until recently. Now it's grooving, because the world has gone to shit. EVERYTHING IS MOVING like gangbusters. (Excpet Class IV milk, I bet that still sucks, lol)

I dunno' man, I need a vacation. But now we are not allowed to go anywhere. I'm doomed.

P.S. Jet flights relax me.

 
hafez50 said:
Bingo it relieves the pressure of having to be "spot on" . The key is laddering up and down constantly taking positions off and on .Trading is an emotional game because money is emotional . Controlling your emotions is the key to winning in trading .
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Wonder why you went from trading stocks to futures?
 
vanzandt said:
Hey... if gold drops to $480/oz... (an equivalent drop compared to oil @ $60/bbl)... I'm gonna call a bottom... and I can be a market guru too! Maga!.
Gimmee a f'ing break. Don't make me puke.
What's his next call gonna be... it'll rain in Georgia in April?
Goddamn he's brilliant.
How'd I ever miss oil at $20?! I thought it was going to $3. The shit just bubbles up out of the ground. :banghead:
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:D
 
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