ES Journal - 2023/2024

mervyn · Jul 17, 2023

joyless days, 20 points in red, got stop out at 4560.

mervyn · Jul 18, 2023

Please have a 3% pullback, now there is no opportunity to trade, high watermark and human are scarce to trade, all bots.

Overnight · Jul 18, 2023

mervyn said:
Please have a 3% pullback, now there is no opportunity to trade, high watermark and human are scarce to trade, all bots.

Better to get in late and get a little then to not get in at all and get nothing.

mervyn · Jul 18, 2023

Overnight said:
Better to get in late and get a little then to not get in at all and get nothing.

Or on the wrong side, with human instinct, but lost.

I did it again today, in red. I felt the whole afternoon were bots, keep going up.

Got squeezed out at 4592.5 before 4pm closing, predictably it went down at 4:01pm, lol.

Relentless · Jul 18, 2023

Relentless said:
Im not really looking for "off to the races". More or a less a move back towards ATH and then a lot of range action for what could be as long as a decade as we wobble around in stagflation.

There will be big moves in both directions. Right now im eyeing ATH.

From Nov. '22

Almost there.

mervyn · Jul 19, 2023

TSLA down, perhaps this is the beginning of a retracement. GS missed pretty big.

mervyn · Jul 24, 2023

Where is everyone?

21 points zigzag in 10rt, average less than 2 points profit, something bot like

BeautifulStranger · Jul 24, 2023

mervyn said:
Where is everyone?

21 points zigzag in 10rt, average less than 2 points profit, something bot like

Enjoying summer on the beach? Yapping on social media and doing errands myself. Waiting for a new trading computer, not that one would be needed for days like this.

Bad_Badness · Jul 24, 2023

My algos have been trading. The "churning market" ones are creeping up equity, but the volatility ones are asleep. Have not placed a short trending trade since May, because it has to really move*.

Just boring stuff and working on new methods, getting a good quiver together. Also getting ready to start using a co-location VM Aug 1.

*No Shorts for this lone is an issue, so I am working on a short "scalp" type algo as we speak.

mervyn · Jul 25, 2023

SPX new high in low volume, not sure but Mike Wilson capitulated, maybe the retracement will start now.