ES Journal - 2023/2024

[Picaso]

nfp is on friday.

Correct.

Tomorrow initial jobless claims and - more importantly - ISM services.

 

[Laissez Faire]

Holy. You guys are right. My bad.

Still think we'll sell into NFP at least.

5504 on my chart at least, possibly more down side 5-10%

nfp is on friday.

Open gap on SPX from 14th of August at 5455,21. 5475,25 ES.

Easy target for tomorrow if we sell.

 

[flash crash]

I think we are in a V climate still

A Flying V, aka inverted V.

I think people need to be careful about being too transparent with their trading process anyway.

I posted a chart pic in one of the Al Crooks threads that basically displays my entire trading plan if you read between the lines. One of the Al Crooks devotees said it wouldn't be useful to anyone.

I don't think we need to fear intelligence, real, artificial, or imagined stealing our trading process. The process is imho the easy part. It is having the cajónes to stick to your process that separates the winners and the losers.

 

[Sekiyo]

Stopped Out

Now, you might be asking, "Dude, unless you're a real dummy, how can you have a string of losses like that? You've been stopped out one after another the entire day!" Well, what can I say? But I will say this much. It takes a lot of dedication to lose this much.

That’s what it takes to be an Elite Trader.

 

[mervyn]

there is no v that i can see. m7 growths are deflating, even rotation trades are small in comparison to the value cratered. maybe we just got stuck.

 

[Bad_Badness]

Stopped Out

Now, you might be asking, "Dude, unless you're a real dummy, how can you have a string of losses like that? You've been stopped out one after another the entire day!" Well, what can I say? But I will say this much. It takes a lot of dedication to lose this much.

It is not raining $$$ everyday. Probably the loss days tell way more about your abilites than win days. Just like they say, when things are bad is when you can tell what people are made up.

@schizo==true grit

 

[Big AAPL]

 

[tiddlywinks]

wink-ism #n

Losses, and closing trades in general, offer great opportunities for honing and refining systems, methods, and even mechanics. A hidden danger of those opportunities however, is the pursuit of/for perfection which is neither realistic or attainable.

 

[schizo]

wink-ism #n

Losses, and closing trades in general, offer great opportunities for honing and refining systems, methods, and even mechanics. A hidden danger of those opportunities however, is the pursuit of/for perfection which is neither realistic or attainable.

It comes with age, as you and I should know. Ya gotta see through the veil, which is obviously lacking for most people, otherwise you're screwed.

 

[c1rcle]

A Flying V, aka inverted V.



I posted a chart pic in one of the Al Crooks threads that basically displays my entire trading plan if you read between the lines. One of the Al Crooks devotees said it wouldn't be useful to anyone.

I don't think we need to fear intelligence, real, artificial, or imagined stealing our trading process. The process is imho the easy part. It is having the cajónes to stick to your process that separates the winners and the losers.

Yeah my V comment didn't age well

Good point on the AI. But I'm still going to blame Skynet for all my trading failures.