Amen
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
BTW if you made enough dough tonight (based on my calls *cough*), I ask that you donate a small change to your local food bank. There are still people, especially children, going hungry every night. If you already do this type of work, good on ya.
Hey @schizo, my order at 5200.00 did not get filled, I want a refund for those 75 points in profit I just missed
(J/K, I was sleeping, great call) on helping othersI may be stating the obvious, but this can swing both ways on the Open.
The last time we saw a 2 % gap down or more on the Open was the 13th of October 2022. Big rally that day.
Prior to that - the 13th of September 2022 which was a big continuation sell - down 4 % on the day.
Best to size down and stay humble as f**k. The market's are chaotic and unhinged right now. I predict a lot of blown accounts this week.
What's been working for the last year or two is no longer working.
The last time we saw a 2 % gap down or more on the Open was the 13th of October 2022. Big rally that day.
Prior to that - the 13th of September 2022 which was a big continuation sell - down 4 % on the day.
Best to size down and stay humble as f**k. The market's are chaotic and unhinged right now. I predict a lot of blown accounts this week.
What's been working for the last year or two is no longer working.
I agree on the staying humble part. But this volatility is also a good opportunity to go for homeruns; not as in trading without a stop, doubling down and other (ahem), less-than-safe behaviors we've seen in this thread every now and then (ahem), but as in holding to a winning position, adding to winners (without getting top-heavy), etc.
This is certainly not the time to be stubborn or to wanting to prove anything.
My guess is this week will be less profitable for me than last week as I've scaled down to micros and have less confidence in where the market is going.
I like to push it and size up a bit when I understand what's going on. Right now, I have zero clue what's going on or what's going to happen. Haha.
For all I know we can see a limit down move today.That said, I just took a baby sized long at 24 with a stop at 17 - seeing if we can get a recovery to 5270/80 by the Open. Confidence level = low. May add if it gets moving. But not sure.
Scratching the baby long here.
Market offers a ton of opportunity now. For most, it's a ton of opportunity to lose money. Haha.
I much prefer medium paced volatility and more predictable markets.
NQ down freaking 6.52 % at the lows. That's pretty extreme. Almost limit down.
Market offers a ton of opportunity now. For most, it's a ton of opportunity to lose money. Haha.
I much prefer medium paced volatility and more predictable markets.
NQ down freaking 6.52 % at the lows. That's pretty extreme. Almost limit down.
Right now, I have zero clue what's going on or what's going to happen. Haha.
OK, so my normal state of mind
Well, Nvidia is likely to trigger the uptick rule today, Tesla and others may as well.
Limit down in the NQ is 7%? So about an extra 0.5% down from overnight lows?
Trying new baby sized long at 18. Stop at 12.
