Hey, you've read my mind. I too have 20 point PT at 58.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Hey, you've read my mind. I too have 20 point PT at 58.
Mine is at 57.25, so I will get filled before you. Neener!
You should take half off the table at 49 as we fill the gap. Oh, wait, you trade only 1 lot.
You should take half off the table at 49 as we fill the gap. Oh, wait, you trade only 1 lot.
It is sim, so it does not matter. Remember, I am in an ugly long at 1363x.xx on the MNQ, can no longer dive in until Fed pivots. I can no longer long, and cannot short because bear market rallies are swift sharp and short-lived. I am too deep into the leverage, so am stuck without news to swing it my way.
There is a daring move in a FOP play I am sure, but I do not understand options, because options are crazy.
Out 36
If you want to "hedge" your long, then I suggest you short MES. This way you limit your downside risk.It is sim, so it does not matter. Remember, I am in an ugly long at 1363x.xx on the MNQ, can no longer dive in until Fed pivots. I can no longer long, and cannot short because bear market rallies are swift sharp and short-lived. I am too deep into the leverage, so am stuck without news to swing it my way.
There is a daring move in a FOP play I am sure, but I do not understand options, because options are crazy.
Bleh, that is the same as locking in the loss without letting it breathe. I have thought about that strat for years. And with earnings coming up? Nah. I'm just gonna China-shop it until I see signs of life in the bull. He's bleeding to death in china shop right now.
