ES Journal Archive (2006 - 2008)

Buy1Sell2 · Nov 11, 2008

Quote from Pekelo:

Please explain why you needed 20 cars for an experimentation? It resulted in about -54 pts loss per contract...
You could have papertraded this experiment for $100 on C2....

The trades represented less than 2 percent of TLNW, so I felt that it would be best to use a size commensurate with normal swing trading so as to best mimic the normal emotion process.

JSSPMK · Nov 11, 2008

Quote from Jahajee:

Out of the bluue - a 20-point rally

Fake up, I think.

Haven't u heard, it's a Tday

Buy1Sell2 · Nov 11, 2008

Quote from JSSPMK:

Buy1Sell2, care to explain what you are trying to establish please, seems like you're trying too hard at re-inventing a wheel today. TY!

One must have losing trades in order to learn effectively.

Jahajee · Nov 11, 2008

Quote from JSSPMK:

Haven't u heard, it's a Tday

Tday is down or up?

ADU is all day up

SDD?

Buy1Sell2 · Nov 11, 2008

Staying on the sidelines right now. I will be looking for the next shorting opportunity as the market resolves this bounce.

HooLee · Nov 11, 2008

Quote from Buy1Sell2:

Ok, back to normal trading now. I will not look at any long positions unless one of two things happens. Either 980 is hit OR a longer term buy signal is generated. Neither has happened so far. Swing trend remains down for now and I will look to short again--Ishmael

Maybe 940 is the place to short again.

here what I have atm:
long term trend is down under 1140
mid term trend is down under 980
short term trend is down under 950

JSSPMK · Nov 11, 2008

Quote from Buy1Sell2:

One must have losing trades in order to learn effectively.

But my friend, don't u think that all u did was confirm that u are a very good position trader and perhaps not so good in short term trading, I guess the confusion comes from not being able to understand why try and change a good system & secondly, why stake that much? Emotional reasoning is all good and well but I doubt that 20 lotters made u sweat that much, try 100 lots next time maybe

stella · Nov 11, 2008

Quote from Jahajee:

Out of the bluue - a 20-point rally

Fake up, I think.

As long as 890-92 holds, it might not be fake. 910 next impt level.
Then to the gap.. then close above 940.

Do I sound like a looney?

saliva · Nov 11, 2008

Quote from Lawrence Chan:

900 target hit

Have any idea where the HOD might be? This damn market has been trading so sloppy for the last 4 weeks, I feel like an idiot in this so-called final frontier.

Buy1Sell2 · Nov 11, 2008

Quote from HooLee:

Maybe 940 is the place to short again.

here what I have atm:
long term trend is down under 1140
mid term trend is down under 980
short term trend is down under 950

I have long term trend under 1400
medium term trend under 1150
swing trend under 980