ES Journal Archive (2006 - 2008)

[smilingsynic]

Quote from JSSPMK:

But there are traders that only participate in an opening range.

Another comparison can be made with boxing/martial arts, the quicker you whack your opponent the better

Trading the ES, as I have said before, mate, is the MMA of trading in that a trader who does not know how to compete can easily get hurt.

That said, I prefer to look at intraday trading not in terms of knocking your opponent out, but outpointing him in order to win a decision at the end of the contest. You have to avoid getting knocked out yourself, yet you have to accept that your opponent is going to get a few jabs in there from time to time.

In the end, you may lose a few rounds, but you can still win the contest, if you persevere and have patience (the first comes easy, but the second is more difficult, at least for me).

 

[JSSPMK]

Quote from smilingsynic:

Trading the ES, as I have said before, mate, is the MMA of trading in that a trader who does not know how to compete can easily get hurt.

That said, I prefer to look at intraday trading not in terms of knocking your opponent out, but outpointing him in order to win a decision at the end of the contest. You have to avoid getting knocked out yourself, yet you have to accept that your opponent is going to get a few jabs in there from time to time.

In the end, you may lose a few rounds, but you can still win the contest, if you persevere and have patience (the first comes easy, but the second is more difficult, at least for me).

If you happen to 'stumble' upon an edge of trading just opening range, then there is no requirement to carry on. There is no real purpose, at least ImO. You are not wrong, I am just pointing out a possibility of not having to trade all day long.

 

[tortoise]

santa rally begins here?

 

[JSSPMK]

Quote from JSSPMK:

Long ES

-0.50 failure swing so far

Long again 1477.50

b/e

Long 1487.50
-2.75

ET's servers suck

Long 1483.5

 

[tortoise]

long 1484

 

[vertigo3]

spectre,
you posted that you have a buy stop at 82.50 I assume Mar08 contract, but the charts you have been posting have been DEC07.
Is your buy stop Mar or Dec?

edit: why 82.50?

 

[tortoise]

Quote from tortoise:

long 1484

woah, nellie...

 

[Spectre2007]

Quote from vertigo3:

spectre,
you posted that you have a buy stop at 82.50 I assume Mar08 contract, but the charts you have been posting have been DEC07.
Is your buy stop Mar or Dec?

edit: why 82.50?

dec..

if it prints above.. 82.5..

orderflow should follow.

 

[storm121]

this is beautiful

hope we end down 25-30pts

money in my pocket next week

blackguard

 

[Spectre2007]

Quote from JSSPMK:

Long 1487.50
-2.75

ET's servers suck

when I reply to posts, the cursor jumps back...causing the type to have spelling errors..

and have to edit typed messages.