ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
no, you can still make gains without betting the farm each time.
But you wouldn't have to bet the farm each time to use max leverage right?
No, basically just applying same concepts to smaller time frames. Smaller time frame you can move down to without personally losing integrity of the setup (for whatever reason) the more you can potentially profit from the up and down. Although the more I trade I prefer to trade more of a swing style and larger time frames when possible. But I don't have the capital yet to fully do that effectively at the highest level, so I prefer to find context on higher time frames and than take every trigger I get on smaller to mid-range time frames.
Like today every chart up to the Daily down to smaller time frames basically had a max expansion down move(where we generally get some type of small kick back), but this is overall very bearish when this happens and means any pops have high probability to sell into. So, all day I've just been attacking moves up in the market, looking for bearish divergence.
Apologies, I misunderstood. I assumed when you meant max leverage, you meant the total amount of leverage available to you in that moment.
In that case, I think you are right. However (and I am sure you know already) it depends on how confident you are and on current volatility etc.
Just a blip vs a move north... we are Heavy & we are filthy... just 100 Handles away from swing lo onto new lows ... Heavies running the show!
Certainly are---Where is Volente to talk about T day tomorrow?
New tactic.. interesting..
Did it hit 4200 at 4:20pm?