ES Journal Archive (2006 - 2008)

[romik]

Any chance for a double top today? Please God LOL

 

['81packer]

..been checking in / out last few days..

short here @ 47.25
stop @ close > 48.5
target @ 42.25

let's see..

 

[Jander]

lol...i here ya, i have been holding short for over an hour now

 

[Keeper]

Short @ 1447.00

 

[Lance Carson]

Pullback is on very low Volume, Pros are not selling into this Rally yet, maybe later

 

[Wittgenstein]

Quote from wave:

Short here to 1435. Stop above 1451.

Don't fight the trend...

 

[wave]

Quote from wave:

Short here to 1435. Stop above 1451.

I feel it is important to treat every trade as a mere probable event based on definitive rules realizing this trade is only an event in a normal distribution of events. So you are short? Are you still long as well? How will you rejoin the bullish trend if you are out or only short at the moment? It's just a probable event in a pool of many. You will succumb to your emotions otherwise.

 

[Keeper]

Quote from wave:
I feel it is important to treat every trade as a mere probable event based on definitive rules realizing this trade is only an event in a normal distribution of events. So you are short? Are you still long as well? How will you rejoin the bullish trend if you are out or only short at the moment? It's just a probable event in a pool of many. You will succumb to your emotions otherwise.

Very true and the key to long term success.

I am still Short @ 1447.00, Stop @ 1448.50

 

[romik]

Quote from wave:

I feel it is important to treat every trade as a mere probable event based on definitive rules realizing this trade is only an event in a normal distribution of events. So you are short? Are you still long as well? How will you rejoin the bullish trend if you are out or only short at the moment? It's just a probable event in a pool of many. You will succumb to your emotions otherwise.

Having faith in a set-up is one of the most important aspects in trading, it might not work today, but if it works more often than not one has to stick to a plan. Otherwise there will always be question marks, bullish or bearish now? I feel that I will end up with 3 losing ES trades today & 1 winning trade in another market, nobody seems to be interested in taking out support to mark double top.

 

[JimmyJam]

Quote from wave:

I feel it is important to treat every trade as a mere probable event based on definitive rules realizing this trade is only an event in a normal distribution of events. So you are short? Are you still long as well? How will you rejoin the bullish trend if you are out or only short at the moment? It's just a probable event in a pool of many. You will succumb to your emotions otherwise.

Well spoke. We all like how you think.

This is a mantra I recite to myself with every trade I take.

Good trading,

JJ