ES Journal Archive (2006 - 2008)

[Spectre2007]

channel trade update..

notice the bond boys..for them to exit the liquidity purchases... they need to smash.. equities... to capitalize and generate liquidity in bonds for them to exit with less slippage.

 

[mbusch]

Beautiful bounce off of 1440.75 50% retracement level.

Short from 1439.50, small, close stop.

 

[saliva]

Quote from saliva:

Now short @ 40

Closed out short and flipped long @ 3750

*edit*
This baby's going to 44. No need to argue that this newbie don't know what he's talking about.

 

[El OchoCinco]

Quote from saliva:

You're right. And I can't see straight today.

I completely agree. I wish I could at times be flexible enough to switch between a scalper and a trader, but I find this very challenging. More often than not, I end up giving back my profits. How do you cope with this?

Despite all the advice you are still flip-flopping and chasing the market....

Why does it take giving back profits for all of us to learn..

 

[saliva]

Quote from optioncoach:

Despite all the advice you are still flip-flopping and chasing the market....

Why does it take giving back profits for all of us to learn..

C'mon OC, you gotta give me some credit for...uhmm...getting lucky time and again.

 

[apex82]

getting interested in a short on er2... not diving in yet.. lunch time grind migt take it a bit higher..

Im looking at 754-755 area for a low risk short for a move to new lows..

 

[El OchoCinco]

Quote from saliva:

C'mon OC, you gotta give me some credit for...uhmm...getting lucky time and again.

My stomach is nervous just watching and I feel bad because I am actually dying to fade you each time you flip but I could not do that to a fellow trader lol...

 

[smilingsynic]

Quote from saliva:

You're right. And I can't see straight today.

I completely agree. I wish I could at times be flexible enough to switch between a scalper and a trader, but I find this very challenging. More often than not, I end up giving back my profits. How do you cope with this?

Patience comes more naturally when one accepts that NO ONE can get EVERY move. A trader can make a good living catching one good move a day, or even just three or four a week.

 

[jb71]

I entered sort at 1439 and I'm too stubborn to take the loss and look for a better entry

 

[saliva]

Quote from optioncoach:

My stomach is nervous just watching and I feel bad because I am actually dying to fade you each time you flip but I could not do that to a fellow trader lol...

When I said the same thing to SpoozTop, he called me a "sweaty newbie".

Cheers!