ES Journal - 2023/2024

[schizo]

very volatile day man, levels undershoot and overshoot. Happened to me few times already.

Stay nimble and hope god is on your side.

Anyway, I think LOD will hold. Might still go down to 5055 before reversing.

 

[mervyn]

holy smoke, YM is below 2024 open, DJI cash is just up 0.1%.

 

[schizo]

holy smoke, YM is below 2024 open, DJI cash is just up 0.1%.

Why is that so surprising?

 

[theapprentice]

ss 5079
10 point stop

 

[theapprentice]

ss 5079
10 point stop

-10

 

[Picaso]

-10

Sorry, man, there should be a "dislike" button

May I ask how do you arrive at your 10 point stop? Is it based on volatility, your risk tolerance, some price level?

As for me, I'm getting mixed signals, but I'll be looking for (short term) longs above 5075 and shorts below 5065. Unlikely to hold positions very long, I think we're going to get some chop for a while.

 

[theapprentice]

May I ask how do you arrive at your 10 point stop? Is it based on volatility, your risk tolerance, some price level?

typically a mixture of market volatility and also based on what typically worked best in manual backtests based on each 'signal'.

 

[theapprentice]

tried again

 

[mervyn]

groundhog day, exited with only 4.5 points coming down on es. could have done better.

 

[doubledoubledoublecup]

bloodpath below 48