ES Journal Archive (2006 - 2008)

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Quote from mbusch:

If I was scalping, I think I'd go short here.

Speaking of which, where's Oso?
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Im around. And I'll tell ya, it took me 2 days (Friday and Monday) to "get" the change in action. Still scalping (or whatever my style is called), but I havent taken a short all day!! Bit my lip once or twice (actually I think it was close to a dozen), but life is grand(s) up here. :D

Osorico
 
Quote from mbusch:

That strikes me as a pretty useless comment.

Long history of ES action lagging NQ. Since NQ just made new contract highs, it doesn't seem unreasonable to expect ES will do so as well. Certainly not a sure thing, but a reasonable expectation.
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I would agree with your market analysis, but first you said that if you were scalping you'd lean short, but then when someone else (Apex) said that he would not, you changed your mind. That to me is an example of not thinking for oneself.
 
Quote from smilingsynic:

I would agree with your market analysis, but first you said that if you were scalping you'd lean short, but then when someone else (Apex) said that he would not, you changed your mind. That to me is an example of not thinking for oneself.
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maybe he double checked why he was leaning short and was only seeing things to support his belief of being short rather then looking at the whole picture.

To me, that is an example of a humble trader that does not need to be right but rather makes money.
 
Quote from apex82:

maybe he double checked why he was leaning short and was only seeing things to support his belief of being short rather then looking at the whole picture.

To me, that is an example of a humble trader that does not need to be right but rather makes money.
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Perhaps so, but it looked like something else. Anyway, who cares, let's trade, good luck.
 
Quote from apex82:

getting long here at 1557 1 pt stop target new all time highs
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Taking first piece off here at 1565 +8pts

still long 2 units

stop moved to breakeven

second target 1570

third target 1575


btw.. this trade was the system I posted the results for last night....
 
Quote from apex82:

maybe he double checked why he was leaning short and was only seeing things to support his belief of being short rather then looking at the whole picture.

To me, that is an example of a humble trader that does not need to be right but rather makes money.
More...
This is a tough audience.

If you trade and make money, they criticize you for using too-small stops.

If you think about a trade aloud and decide not to take it, they criticize you for even thinking about it.

Like I said: tough crowd here. :)
 
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