ES Journal Archive (2006 - 2008)

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B1...good entry..i would have given same for nq intraday but i am not calling here any longer. All these guys have to do is enter correctly and set a 3 point stop and either stop out or exit with profits..........they need to trade with the trend .......your trend is not always their trend if they are daytrading......their 5 and 10 min trends are usually fiction unless they are highly skilled.....
 
Quote from elbow:

JJ.....think about this........nq...es....er....ym....there are average pts per run intraday...........do the studies...... X contracts.......position is where other big money is not THE BIG MONEY.....CAPTURE A FEW POINTS OF EACH RUN X BIG CONTRACTS......BIG CONTRACTS IS WHERE THE BIG MONEY IS NOT BIG POINTS......i don't like giving this simple stuff...i prefer u work for it.......

Oh I have thought about it Porgie.

That's why I like to trade intra-day swing. I don't have to worry about the minor hits because I know the wins will more than make up for the losses.

The little points with big contracts is good if its working for ya, it's a totally valid way to trade. But people would probably like you better if you stopped telling'em how to trade ... this is definitely a game of to each his/her own.

But none of the above compares to what B1S2 does for scoring huge amounts of money over the greatest periods of time.

Good trading,

JJ
 
volente.......10:30 is coming ...10:30 ISCOMING...SCREAM I T OUT NOW REVERSE REVERSE EXACTLY AT 10:30............GET THE DEFIBRILLATOR OUT, HURRY....
 
JJ........I am not here for personality contest or looking for new friends....I have all of them i can afford......seriously, you are very correct.....but don't don't mistake 20 nq pts x big contracts as small money.....or 4 or 8......I hope everyone here is mature enough to hit the ignore button if they don't LIKE what they read...rather than like or dislike someone they should consider this is a major bs environment....I think you are a very likable guy even though I am not looking for advice or help from anyone here....after 6 years of this, i am not looking for anything new.....my stuff is old and still works....
 
Quote from Buy1Sell2:

Staying with my longs for now based upon the chart that I posted earlier.

Nice trade so far. Kinda of a moot question at this point, but what type of stop were you using with those buys? Was this part of your long term buys?

Thanks.

OldTrader
 
Quote from OldTrader:

Nice trade so far. Kinda of a moot question at this point, but what type of stop were you using with those buys? Was this part of your long term buys?

Thanks.

OldTrader

I entered some yesterday that are long termers and the trades I entered today are based upon the hourly chart posted earlier and will be sold when that pattern dries up. Hopefully with a profit. Hopefully with a big winner. My stops on the hourly chart trades were and still are at 1414.75. My stops on the long termers are at 1372.50 basis March.:)
 
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