ES Journal Archive (2006 - 2008)

[jagmot]

Quote from saxon22:

got it 20 pt on this baby!!!!!!!!

Did you add money to your account? Seems like possibly taking 30 contracts for you is way too much as you were trading 3-4 contracts before. You make one big mistake and it goes against you say 5 or 6 points and you are going to lose half your account. I sincerely hope you are trading at the right size.

 

[2006]

Reversal?

I can see them jamming it up to ~50 or so, if not then hello 30.

 

[Spectre2007]

I will buy anything below 40.

 

[smilingsynic]

Quote from saxon22:

If 1K is pennies to you then I bow my head to you sire.
You are right one cannot win them all, but so far I see no red numbers in my account at the end of the month.
Waiting for more is always welcome, but sometimes there is no more to be had.
Greed is what gets people slaughtered.

No more to be had? In this market, one point is noise.

What was your stop? Did you have one?

 

[apex82]

order to short 1546.50 1.5 pt stop

target retest of lows

 

[Spectre2007]

classic intraday 'w' bottom.

remember the previous short squeeze stop cascade, usually you don't get retraces like this.. when rampant selling is going on.

crash scenario is put on hold for the fall.

5 minute downward trendy busted.

 

[saxon22]

Quote from jagmot:

Did you add money to your account? Seems like possibly taking 30 contracts for you is way too much as you were trading 3-4 contracts before. You make one big mistake and it goes against you say 5 or 6 points and you are going to lose half your account. I sincerely hope you are trading at the right size.

I sold my condo and finally was able to properly fund my account.

 

[osorico]

Quote from jagmot:

Did you add money to your account? Seems like possibly taking 30 contracts for you is way too much as you were trading 3-4 contracts before. You make one big mistake and it goes against you say 5 or 6 points and you are going to lose half your account. I sincerely hope you are trading at the right size.

IDK if saxon added to his account or not, but he has a very unique (aka strange and unconventional) scale in technique. Fortunately (and unfortunately) for saxon, the recent action has not challenged the technique.

Osorico

 

[saxon22]

Quote from smilingsynic:

No more to be had? In this market, one point is noise.

What was your stop? Did you have one?

Hey if what you call noise gets me 1K than be it. Yes I had a stop.

 

[smilingsynic]

Quote from saxon22:

Hey if what you call noise gets me 1K than be it. Yes I had a stop.

I am not going to sneeze at 1K, but with 20 contracts you were controlling over 1. 5 MILLION. Not for me, but if it works for you, then that is all that counts.

Good luck to you.