ES Journal - 2021/2022

It very likely could blast up from here. Might bounce on the neckline or splash thru to close the gap.
 

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Wide Tailz said:
You're making a good middle class living at this. To think I spent five years in engineering school and could have just been a trader instead (which is probably what I wanted)...
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I have a way to go, but if I can grow my account to the point where 5 contracts is my minimum all in / all out size, I may start to feel comfortable.

Today, I had 7 points of open profit on the Open, but got greedy and stopped out for B/E. Then I took a 7 point stop out on that dip below the Open @ 09:46. I knew it was a likely stop run, so I could have widened a bit more, but taking small stops is one of the things I'm doing now as those bigger stops eventually get hit.

So, back in long around 09:47 and even added a contract on the BO of the opening range high, but trailed out too soon as I was trading my P&L and defensively.

I called for 4050/60 as a target, so it's fun to see that my read was right, but calling and trading are different animals, so today I just wanted to secure a green day and a green week.

It's too uncertain from here and the market may have a deep pullback, i.e., R/R is not sexy, so I'm taking an early weekend.

I don't need to trade every day.

I don't need to participate in every move.

What I do need is to make sure I keep what I earn and avoid large losing days. So far, so good. More fun in the week to come.

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