ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Interesting perspective, from my view I should be scared to take a trade I don't understand and don't see clearly. Right? Otherwise I would step into it and lose for no reason.
The fact that it isn't a normal market or lacks long integrity most days, does not inherently mean a negative (I know tough for you to understand you see everything as a negative). You automatically assume I said it's not normal which means I cant trade it.
NQ actually took out its relative lows, much better down move than ES. Yes, obviously because of meta ofc, just saying.
You remind me of Eli Tullis, PTJ's mentor who "was the toughest s.o.b. I ever knew"
Sure about that? I don't hold through the close. At least not initiating a new position. If I were, I'd say a long here would be worthwhile as long as risk is managed.
Gonna check what my statistical model says about this day now.
Keep 'em coming. Your comments always make for a good chuckle.
+1
Think I've heard that for as long as I've been trading - well excluding Integrity. Likely from myself in the early years.
No gun to our head to trade. I get the use of the words scared or comfortable although they should apply only for short periods of time.
But normal is such an odd word to use when talking about PA. PA is like our brain waves ... chaotic. If they were normal we'd die.
Watching for weak dips tomorrow to go long. I think we still have some more juice to the upside on this leg up by week end, although today’s close wasn’t the best.
I really don't see the issue much, but just me.
Like I said(and you did some as well)
Scared = Being cautious and not taking a trade I don't understand or am comfortable with. What would be the point to put on a trade I don't understand?
Integrity = Has other definitions besides directly related to morality, which I assume is why you both find it so odd. You both realize this right?
Normal = Generally speaking the equity markets are naturally bullish bias and there's multiple parties that have interest in higher market prices. Surely this isn't unknown to both of you? We're in times of extreme bearishness, which is relative rare compared to the history. Hence not "normal".
Like what are you guys disagreeing with?