ES Journal - 2023/2024

[Laissez Faire]

This is my point. Its not a misread. Its just that the market did something different. You seem to only say your trading is going well if you're making money, and you back this up with a chart when the trade is working. But if you also think trading is going well when you stop out, which is fine, you should also have no trouble showing this. But you never show a chart with all the losses. And you of course don't have to.

I'm just saying that you're pigeon holing yourself because the onus is always to show positive results, and that's not trading. Trading is taking the trades, taking the losses, adjusting positions, etc. When you write that you took a loss, its clear you feel bad about this, but why? You think you did something wrong, but all you're ever doing is just buying dips or selling rallies, and sometimes it works and sometimes it doesn't. Perhaps you're scared to show all the stabs to take at getting into a trade because you feel its revenge trading, or overtrading, but if this is what it takes, I'm not sure why it has to be hidden.

LOL.

I don't actually owe anyone to be posting any trades here, so again, not sure what you're trying to accomplish.

My long term win rate is sub 50 % on per trade basis (the amount of winning days is much higher), so it's no secret that I will take a lot of scratches or small losses. That's also why I don't generally like to post trades, because I'm very actively managing my entries trying to nail down an entry.

Yes, I misread the market on Friday. I was very clear about that. Technically, it was a long, but I was leaning short because of Iran/Israel. That's not how my trading system works, so I was overriding it.

 

[schizo]

News shock and news failure. Headline games. Not too late to salvage this day...

It's a total freak show (and you're a freak, might I add). So I see you have a crystal ball worth stealing.

 

[Laissez Faire]

Noah could have bought the swing low, too (maybe he did?), but maybe he prefers to focus on how I'm not showing my losses. LOL.

Anyway, this game certainly isn't easy, so I hope I'm not giving off the impression that it is.

Headed out for some coffee and sunshine. It's possible we have the range set here, but I'm still thinking there's enough juice for one final push left. Locking in some and hoping for the best.

ES can do another deep PB before the final squirt or gush.

 

[christhesquid]

I'll be on the other side of that trade. Selling all the way up to 5432 (hopefully we get there).

Added 2 contracts short on the second pop.

https://imgur.com/a/mO29AIG

 

[Laissez Faire]

Stopped ES for 10 points at 76.25. Re-entered long here at 79.50. Stop at 70.

Not loving the wide stop, but headed out and it's unmonitored.

Limit sell at 5410.

 

[schizo]

Long 82
SL 74
PT 5408

 

[Bad_Badness]

Some one is kicking off sell programs. Notice the timing.

 

[christhesquid]

Some one is kicking off sell programs. Notice the timing.

I don't think we've seen the end of the move down, personally. I'll start getting bullish once we test the 200 day-- it has been over a year since we've done so.

 

[mervyn]

So we dived 30 points in 5 minutes. I'm thinking nice, but what just happened?

it dropped in the early opening, rally and drop, it is the pattern.

 

[Laissez Faire]

Stopped for 9.50 points loss at the coffee shop. See? Not all my trades are wins.

Will see how the market looks when I’m back and maybe engage again…