ES Journal - 2019/2020
- Thread starter Buy1Sell2
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You're the one who needs to make up your mind as you were initially long 2 ticks lower, but then flipped short for a loss. In the meanwhile you've been long and short again twice for a gross loss of - 6,50 points.
You now need a 6,50 point trade only to break even.
Flipping inside a congestion zone quickly racks up commissions and losses. We're headed higher, but may chop around here for a bit. HFT loves that.
I'm commenting since I assume that by posting trades publicly, you're also open to receive comments.
He was 7 points up.You're the one who needs to make up your mind as you were initially long 2 ticks lower, but then flipped short for a loss. In the meanwhile you've been long and short again twice for a gross loss of - 6,50 points.
You now need a 6,50 point trade only to break even.
Flipping inside a congestion zone quickly racks up commissions and losses. We're headed higher, but may chop around here for a bit. HFT loves that.
I'm commenting since I assume that by posting trades publicly, you're also open to receive comments.
There are many ways to skin a cat.
Also, you never know if a congestion zone is going to turn into a range (and yes, in hindsight super easy to milk them dry) or if it's just accumulating volume and stops for a large breakout.
Go, Schizo, go!
There were a few family and friends who ran out and brought the first dip - they have been rewarded - market is not meant to work like that.
Finance news reporter said that the google search for "how to buy shares" hit an all time high.
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