Nice move up in ES.
Currently holding 4 contracts and trailing the stop.
Closed 2 at 72, don't want to risk all my profit and i am already well beyond my daily target.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Closed 2 at 72, don't want to risk all my profit and i am already well beyond my daily target.
Nice, but where is the post mentioning you initiated it at the time?
It depends on the volatility we are having, but we never know how much movement we are going to have in advance or when the market is going to reverse, so usually i prefer to work with fixed stops and fixed targets, that's also why i have closed 2 at 72 and i am trailing tight on those other 2 for now. Usually when i trail my stops i always manage to place them in the wrong place
.In current market conditions my target is around 20 points and i usually trade 2 contracts at a time. Now i had 4 contracts, closed 2 for +30 points and still holding the other 2.
Did anyone say bear rally?
Brilliant move. Well within predicted possibilities, so I hope people weren't caught off guard.
That's great.
I think catching one bigger move per week is really beneficial to your P&L and overall well being as a trader.
Brilliant move. Well within predicted possibilities, so I hope people weren't caught off guard.
It depends on the volatility we are having, but we never know how much movement we are going to have in advance or when the market is going to reverse, so usually i prefer to work with fixed stops and fixed targets, that's also why i have closed 2 at 72 and i am trailing tight on those other 2 for now. Usually when i trail my stops i always manage to place them in the wrong place
In current market conditions my target is around 20 points and i usually trade 2 contracts at a time. Now i had 4 contracts, closed 2 for +30 points and still holding the other 2.
That's great.
I think catching one bigger move per week is really beneficial to your P&L and overall well being as a trader.
Nowhere.
I should do it more often, certainly in day's when we have big moves either up or down, but usually i chicken out way too early.
way too hard to post here and my journal, but I closed this one for just +5 points (posted live in the journal at the time) just for transparency.
Closed the other 2 at 71.
Looks like 3685/3700 if this pullback doesn't get legs.
In terms of PA, this looks just like Friday so far, so best to stay nimble.
In terms of PA, this looks just like Friday so far, so best to stay nimble.