You bought on august 16th ?
Buddy it's you and yourself.
No one else has anything to say about your method.
hope this can turn into a nice little gain
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
You bought on august 16th ?
Buddy it's you and yourself.
No one else has anything to say about your method.
hope this can turn into a nice little gain
...
hope this can turn into a nice little gain
Thanks for the fist-bump, but based on the calendar, this trade will close at a loss by mid December when I have to settle it. The only thing that can salvage it would be a sudden downturn in inflation in November, Putin death or Fed pivot where I can then enter the June 23 contract long to re-capture the loss.
I appreciate this info, as a student of the market which seems to have a very sick way of punishing everyone.
I appreciate that comment, because that lack of discipline is what got me in trouble during the previous dips over the years. This time I am Joker. I can suck a bowling bowl through a garden hose. I have learned by the numbers. Can I come over and F your sister? Hehehe!
The bulls have been calling for a bottom since early September getting it wrong so far...might get disappointed once again.
Meanwhile - there's plenty of big moves in both directions. No top or bottom picking needed.
This move lost momentum just below yesterday's premarket high at 77. Back to yesterday's close now.
A move lower to 3700 looks possible, but I'm not shorting this as I'm wary of this market finding a bid any minute. I might consider buying from those who bought the top if we get there, though.
Meanwhile - there's plenty of big moves in both directions. No top or bottom picking needed.
This move lost momentum just below yesterday's premarket high at 77. Back to yesterday's close now.
A move lower to 3700 looks possible, but I'm not shorting this as I'm wary of this market finding a bid any minute. I might consider buying from those who bought the top if we get there, though.
Found a bid at yesterday's close for now. Let's see if it's a weak bounce or the pullback low...
Weak bounces so far. 3725 holds some significance as last week's range high.
Maybe...
EDIT: The market usually opens with a gap, so either up or down from here (34). I took a lottery ticket down here. Don't think I'll participate on the short side if stopped.
The reason I'm cautious against pushing the long side is that we're already up considerably for the week and this rally lost momentum.
Maybe...
EDIT: The market usually opens with a gap, so either up or down from here (34). I took a lottery ticket down here. Don't think I'll participate on the short side if stopped.
The reason I'm cautious against pushing the long side is that we're already up considerably for the week and this rally lost momentum.
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Jesus Christ, no. No, no, no.
If Overnight is in drawdown that's on him. His method isn't even Buy & Hold, it's Buy & Hope and he's known to buy tops. No offense, Overnight, and I sincerely hope it works out for you, but it's not a winning strategy as one or two major losses are likely to eradicate prior gains.
@Wide Tailz:
The market is your friend. It's here to help you get rich by offering you a f**k ton of points every single day lately. If you're buying tops and selling bottoms, that's on the trader, not the market. The market did it's part. It was the trader who failed.
I really feel very strongly about this point.
How can a trader succeed if he feels the market is out to get him or punish him?
Traders choose to loose. Period. The market ain't got nothing with that decision.