And flat. Not taking any more risk now, but this looks like sub 5440 to me.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
8.25 points bounce off the lows after 144 points down. Weak AF.
Zero bids. Nobody wants to buy this crap today.
ss 68.5
12 point stop
20 point target
12 point stop
20 point target
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14 point bounce off the lows. Down -1.82 %. 145.50 point range.
Could be closing in on a bottom here. Difficult to say...
Could be closing in on a bottom here. Difficult to say...
Not negative - $100 less than what I had after that pre-market trade.
I was up around 2K after that pre-market trade which I legged into by adding. I came into the RTH session a bit late and FOMO-ed a few trades by entering with as much as 5 contracts at once since I was thinking I had a bit of cushion. But 2K is only 8 points on 5 contracts, so I was quickly back to zero.
So, by that last short I posted the exit of here I was back up to $1.9K. But just as I was about to head out I took a final short to end the day up $3.3K. LOL. I trade 5 linked accounts, so that's around 16.5K on the day.
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Are you thinking of ditching your day job to trade full time? It looks like you are pretty consistently making good profits every week or so. Or you are still not too sure about it and want to build up more capitals?
No bro, this ain't over. Stay short. I wouldn't be surprised if we hit 5400.
I gave up on the silly and naive idea of trading for a living a few years back ago, so it's been more of a hobby or obsession for the last few years with a small hope that maybe it can amount to something.
But the results I've been having lately have re-kindled the hope a bit, so I will just keep grinding it out and see where it goes. It could be all luck for what I know, so I will be very careful with starting to think I know something.
I do feel I have a good grasp of the market lately and have been making progress. Today is a day where in the past I may have kept thinking long, but I was able to switch gears in due time. Also, I've bridged the gap between my executions and predictions in that I will hold trades for larger moves instead of paper handing my trades as soon as I see some green numbers.
I would think so, yes. Just don't like the risk/reward down here. Always a chance this spikes higher from here as the day is already a bit of an outlier move.