ES Journal - 2023/2024

[vanzandt]

Disagree. I think we'll get a continuation tomorrow.

So far so good.

 

[doubledoubledoublecup]

hero short 85-86, 10pt stop

tighten it a bit at 90, doesn't look like its gonna work

 

[Picaso]

I locked myself out on my account

What happened?

 

[mervyn]

flat, 20 pts in red

 

[theapprentice]

secret trades for now to get back in teh swing!
new day. Good start. Better than yesterday!
View attachment 348914

I can't blame them pesky ES journal monitoring, market making stop hunters today! Traded in secret and for transparency i'm in the red lol.
Not down much, but not very pretty trading today for me.

 

[doubledoubledoublecup]

looks like we havelot more room to go targeting 2630 at least

 

[schizo]

Long 97
SL 57

 

[christhesquid]

Long 97
SL 57

I'm coming for your stop.

 

[Laissez Faire]

Retire a good trader? that's an exaggeration right? I think PTJ had a 70+% on the black monday month. Thats long way to go from retiring for 99% of trader yeah?

It was an exaggeration, yes, but it was a day where you could have made multiples of your average day and enough to weather a ton of red days.

Thing about days like yesterday that I have always struggled with, is say you picked the bottom or real close and went long. The hardest thing in the world is not cashing out early. Had you bought $1000 worth of $455 zdte calls on the Q's yesterday at their lows of around $0.20, and held to the close, they were worth $40,000. But who can fight that urge to sell when your $1000 position is at $2500 an hour later? That's what's tough.

I've been cutting my winners short for most of my trading years, but in later years and especially this one I've started really running my winners.

You may not have read it, but I catched a 100 point short on the 1st trading day of September. And yes, it was tough to hold it all the way. I was shitting bricks even though the trade was 50 + points in the money as I was constantly contemplating if I should close it, thinking about profits I'd lose, thinking about where to put the trailing stop, etc.

Yesterday, I was in the trade, but at that point I just wanted to secure a green day and played it too damn safe getting spiked out on the 12:00 pullback.

What happened?

It's a functionality on the Topstep platform. You can lock your account and you won't be able to trade until the next day. Nice for gamblers like myself. Just did it again today after securing a green day. LOL. Long from 60 to 95. Enough to pay for my prior losses and a bit more (but not much).

 

[christhesquid]

Short 5 December micros from 5662.50. Wish me luck.

Stop to breakeven.