ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Wow. That was a crazy move. 119,50 points in a few minutes. I imagine those numbers can't have been good.
I stopped out for 1,25 points loss on a long pre-release and decided to stay flat on the release.
Back for more fun on the Open until the dust settles.
I stopped out for 1,25 points loss on a long pre-release and decided to stay flat on the release.
Back for more fun on the Open until the dust settles.
I'm long sub 4000 so have some cushion. Not surprised to see the sell-off, though.
I closed down my trading computer for a bit, but if you believe in measured moves this rally just about equals the prior bear market rally now.
@SunTrader -- that VIX move might have been a little warning. I had some other stuff too I was seeing but keeping core long position. Looking to add.
In trading I find that there's a sweet spot between being flexible in your analysis and having conviction in your trades.
If you post a trade online and express a great deal of confidence in it, I think it's easy to want to be right and defend your views as opposed to how you would manage the trade if it was done privately.
At least I feel this is the case with me. That's why I'm not so interested in posting actual trades, but more interested in posting forecasts and discussing where I think the market's most likely going short-term.
If you post a trade online and express a great deal of confidence in it, I think it's easy to want to be right and defend your views as opposed to how you would manage the trade if it was done privately.
At least I feel this is the case with me. That's why I'm not so interested in posting actual trades, but more interested in posting forecasts and discussing where I think the market's most likely going short-term.
To each his own. It shouldn't matter IMO.