ES Journal - 2019/2020

Status
Not open for further replies.
I can imagine a lot of private traders bought close to 0 because it was 'risk-free'.

They were all buying contacts at $18 when spot was close to zero or already negative. Lots of money out of home gamer accounts today. Lots of margin calls that will not be met.

Profit on 1 short crude from Friday = $52K

Same as the loss on a long who couldn't liquidate ahead of the close.
 
It will settle as it always does - the difference between you entry and the settle price.
Yeah, I get that, but negative is suppose to imply the NOT. Damn, my head hurts already. :confused:

Anyway, if S&P drops to 0 some day, will this be their way to manage the crisis? Man, this is setting a bad precedence. :thumbsdown:
 
Anyway, if S&P drops to 0 some day, will this be their way to manage the crisis? Man, this is setting a bad precedence.

Trump can't be President forever. It will get better so long as we survive whatever time in office he has left.
 
shorting near EOD hasn't worked very well lately, so I'll bet long

EDIT: Wrong bet :(

Sorry man :(
IMHO this one trade is most like a coin flip (ideally managed with a skewed target/loss ratio, that is win/lose half the time, but make x2 bigger gains), but I'm not sure about slippage, so I'm testing this with minimum size
 
2810-2812 level held today....barely.

xbod9U5.gif
 
Sorry man :(
IMHO this one trade is most like a coin flip (ideally managed with a skewed target/loss ratio, that is win/lose half the time, but make x2 bigger gains), but I'm not sure about slippage, so I'm testing this with minimum size

Na it's ok I had a good day. I averaged down on the drop since I had good profits and worked all day I earned the right to do that got out at EOD ramp for a little extra. It's all good.
 
Status
Not open for further replies.
Back
Top