ES Journal Archive (2006 - 2008)

[cowf]

ES, LONG on the open, back up to 1400

this one is for you wave...

http://youtube.com/watch?v=vbqC1I2SxGM&feature=related

 

[kamek]

i'm going to watch the first half hour before getting in...ppt might do something, lol.

 

[volente_00]

42

 

[Buy1Sell2]

Quote from volente_00:

That is why one should not daytrade with large stops. The risk not worth the reward. The professional has 5 to 7 entries that have to be losing trades before they would give up the same 15 points of loss. Also had one scaled just one contract at 2 pts, and moved stop to break even, how many of those last 3 would have ended up profitable ? Are you just bored ?

Trades are with very small risk. The last one was a swing trade, not a daytrade.

 

[tommymoose]

Long off stop-market at 47.75... stop 46.25... may take a try or two to catch this doozie

 

[blaster1]

Long 46.25.

Edit: out 48.25 +2.

 

[volente_00]

Quote from Buy1Sell2:

Trades are with very small risk. The last one was a swing trade, not a daytrade.

Every trade should have a entry, stop and target. What is your target on these ? Without one how does one define the r:r ratio ?

 

[Buy1Sell2]

looking for a swing long. Obviously, I have missed so far. Sidelines for now, but looking to get back long.

 

[blaster1]

Long 45.75.

Edit: out 47.5 +1.75.

 

[Buy1Sell2]

Quote from volente_00:

Every trade should have a entry, stop and target. What is your target on these ? Without one how does one define the r:r ratio ?

I don't use targets on swing and position trades. I did post a target on the daytrade earlier however. Both daytrades were stopped out for 4 and 6 I believe. I'd have to look to see exactly, but it was not significant