What time frame chart do you use?
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
So you actually started trading... after what... 7 years here?
I still have my doubts....
It was this...
You were pretty sure we'd hit HOD, and you typed that in mid-afternoon. But then you decided to go short anyway.
Read through the thread. I cannot help you if you do not understand timestamps, and cannot actually read. *shrugs*
All that, and he missed "The Izzy Bottom Too" way back in 2020.
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Nooo noo no... You called it a month later.
I was here.
But it was still a great call.
Not so much the call, but the hard-headedness that as things progressed, things would keep going up.
I know someone who was like that too. I say "was" as the final result was that he went broke and lost $10MM in just one open position ES.
First he started to average down his price. After that he received several margin calls. So he added new margin... till all margin was gone and the broker closed his position. At that moment the size of his position was 2,100 contracts ES ( in fact it was 210 contracts, but the jumbo ones at $500 a point, so 10 times the size of ES).
There are limits to the positive impact of hard-headedness.
I understand that Buy1Sell2 is well aware of thet risk and has limited positions.
My God. That was a strong trend day higher to close the quarter.
Did anyone else feel that the markets changed this week? Slower pace. Slower volatility. And buy the dip seems back in vogue with only shallow retracements.
Should be interesting to see if this continues or if we'll initiate a new leg down once as have been the case for the last 1 1/2 years following these rallies.
Did anyone else feel that the markets changed this week? Slower pace. Slower volatility. And buy the dip seems back in vogue with only shallow retracements.
Should be interesting to see if this continues or if we'll initiate a new leg down once as have been the case for the last 1 1/2 years following these rallies.