ES Journal - 2019/2020

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SPYgrain said:
Been hearing of some event May 20th..reverse split...don't trade individual companies, not sure if this is a company sector or what...is it a Fed Reserve split..anyone know what the heck is going on?..thanks
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I could not find any news about it..
 
speedo said:
who wants to babysit lazy people unless you have to.
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Also if you have people paying you they expect you to work for them. Not my style ... I sometimes disappear for months at a time. Can you imagine the internet reviews?

I'm short at 86 for now. I have some limit sells above the market but this might be as far as she gets. I believe the next leg down has possibly begun. Certainly room to 90 or even 95 up to 2905 +/-

targets I will take profits along the way but 2600 to 2700 are where my thinking is at the moment. I will take on more higher if she is nice enough, and if not, I will add as we get moving lower.

speedo said:
He's also made a few choice day trades in the interim
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And for the record, I do not consider myself a day trader. Day trading is a hobby. I could walk away from day trading and it would have no affect on my really as most of what I do is the result of swing trades.
 
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NQurious said:
As an aside, statistically speaking we have a nearly 70% chance that today's high, whatever and whenever it turns out to be, will be made before the day makes its low, whatever that price will be. Still over a 30% chance the low is in and we close at the highs. But good chance we print the high and sell off from there, imo.
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This is still a possibility ... that the low of the day has not yet printed, imo.
 
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