ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Bounced off last week's mid point pretty much to the tick on today's Open. Okay. 1 point shy.
If the LOD / Open doesn't hold on the next thrust down - I'm thinking maybe 4590 for a target today.
Range bound right now and could be bottoming out. I do not have a strong read.
Nice job! When you say 35 points I assume that's total and not per contract?
Should see at least 4610 now.
Performance should be measured in points per contract.
35 points with only 1 contract is phenomenal.
35 points with 35 contracts is not impressive at all.
total points for the day, i scale back to 2-5 contracts per entry since mid november. want to keep my cash warm for the holiday season at least.
Shorted that break, but stopped out on the initial pop above the Open for a 2 point loss. Re-shorted and held all the way to 14.50 where I trailed myself out for about 8 points profit.
Saw it. But didn't fully trade it.
I'm damaged goods after taking a few big hits on shorts during the covid plunge last year. Still struggle to hold my shorts or play the short side.
Saw it. But didn't fully trade it.
I'm damaged goods after taking a few big hits on shorts during the covid plunge last year. Still struggle to hold my shorts or play the short side.
Hence my question. It can be a bit confusing, although I don't object to how people measure what they share. Just good to have it clarified.
24 points on 3 contracts today. So, 8 points per contract. Not a good result considering the daily range and what's on offer, but at least it's not a loss...
PS: Knowing how difficult trading is I'd say anyone who's consistently profitable or not racking up losing days no matter how small is doing a great job.
capital preservation my friend.
i had lost over 6 figures in ibkr in es and nq when i first started, mostly got liquidated and didn't take profit even when i should have. now i am happy with daily DOLLAR target. 1 point drawdown for 35 contracts would scare you a bit.