ES Journal - 2023/2024

[schizo]

Have it felt like 07 other times since 07 or is this the first time?

I just know how fast this market have recovered in the past catching people off guard. The plunge prior to this one for example.

Nah, it's nothing like '07-'08 if we're going by the panic-o-meter. It was far worse back then with all the liquidity crisis. People were literally panicking. Now, we're so chilled and laid back, it doesn't even feel like a bear market. You can tell by how orderly the selloff was today. Just look at that, like bunch of pussies playing all nice with each other and following the rule. Pussies. You wouldn't have seen that in '07. No friggin' way.

 

[schizo]

It is log, just look at the axis.

In that case, my apology.

 

[TrailerParkTed]

Very possible. I don’t have a strong opinion at this point.



Have it felt like 07 other times since 07 or is this the first time?

I just know how fast this market have recovered in the past catching people off guard. The plunge prior to this one for example.

March 18, 2020?

 

[christhesquid]

March 18, 2020?

I loved when he started crying.

 

[schizo]

I loved when he started crying.

Seriously, never seen a permabear cry in public like that. Yup, I was right, bears are pussies.

 

[Laissez Faire]

March 18, 2020?

Good point. That must have been the first time since I started trading actively when there appeared to be genuine FEAR in the market and the market was actually crashing.

Of course, it was followed by the most incredible recovery anyone could have imagined.

 

[Laissez Faire]

At any rate, I’m a sucker long up here on small size. Adding tomorrow if not stopped.

Stopped out on sucker long overnight. It was 5 MES with a 5 point stop.

I bought this dip when I woke up at 69.75. Will move my stop to B/E soon and just hold if this gets moving.

 

[schizo]

I bought this dip when I woke up at 69.75. Will move my stop to B/E soon and just hold if this gets moving.

Any chance my long order will get filled at 35?

 

[Laissez Faire]

Any chance my long order will get filled at 35?

I sure hope not. LOL.

Moved my stop to 70. 1 tick profit!

The scenario I anticipate is a gap up open which doesn't look back, but I'm far from certain.

If we drop to 35 - I'd say a test of Friday's lows looks more probable.

 

[Laissez Faire]

The scenario I anticipate is a gap up open which doesn't look back, but I'm far from certain.

Noah will hate this one.

For transparency, I'm currently down $400 bucks.

This is where some may want to take profits and secure a green day, but when I know I have a good entry and a good chance of a big move coming I will simply hold.

I will start locking in a bit at some point, though. And 5550 may be pushing it. I see a few so called resistance levels coming in prior to that.

Maybe I'm jinxing it now.