really want a deep pullback to get heavier long, but they're all so damn shallow.
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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still in the 3006 (spreadbet) trade.
ES gains almost 900 points or 40% from its low in March within just a little more two months. If you bought 20 lots at that time and kept it, you gain almost one millions.
It is truly surprising that the market has such strong strength, probably people figure that the market is going to bounced back in time, given it one year, 3 years or longer, so to get in early to catch a better price rather than getting in late, as encouraged by the Fed unlimited support and the government's unprecedented bold actions.
One thing that is very impressive on this thread is B1S2's never wavering conviction about this bouncing back and he gave some of the best calls/predictions.
It is truly surprising that the market has such strong strength, probably people figure that the market is going to bounced back in time, given it one year, 3 years or longer, so to get in early to catch a better price rather than getting in late, as encouraged by the Fed unlimited support and the government's unprecedented bold actions.
One thing that is very impressive on this thread is B1S2's never wavering conviction about this bouncing back and he gave some of the best calls/predictions.
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gimme a pullback you swines.
Unless I made a mistake adding all his losses on the way down were pretty much the same as if he would have held long the entire move down. Which means he will be break-even once we hit ATH again. Each his style but I honestly don't understand what this has to do with trading. Just holding the position would make more sense in my opinion. Now he just took the same loss and risked missing an upmove in those windows he was not in the market.
Here you go....3058.
Last day of March and April were down days. I think tomorrow will be an up day.
that might have been it. Missed it
Could be that Fri is a T day this week since Mon was a holiday.
Few will dare short and hold and I understand it . This is not a trade but a hold of several weeks to months . I’d be shocked if we don’t see 2500-2700 this summer .I started my short today over 3055 and will scale to 3100 and then only add if we break back under 2980 . My stop is 3250 . I’m willing to risk $100k lose to make up to $500k . You need at least $700 k in your account to comfortably hold this trade . If I’m wrong I won’t hide and I’ll get on here and post my lose . It seems many traders only appear when they win and hide when they lose .
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