ES Journal Archive (2006 - 2008)

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Quote from saliva:

Thanks for the encouragement. I will keep your warm advice to heart. Nevertheless, that means no more posting from this noob for some time. I enjoyed the company of some of the finest traders on the net and I wish thee well. FWIW

Ciao!
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Don't leave, Saliva. Better to stay and grow a thicker skin. If you want to learn from more experienced traders (which is certainly why I'm here), you need to accept the fact that traders are highly competitive folks, and perhaps occasionally even abrasive.

Goes with the territory. Trading is, after all, a zero-sum game. For you to win, someone else must lose. It's tough to behave like Miss Manners in a dog-eat-dog environment like that.

There isn't one of us here who hasn't screwed up, taken criticism, confessed our sins, and licked our wounds in public. It's a character-building experience, and it makes you a better trader.

Deal with it. Stick around.

Like you, I'm a noob. Folks like B1S2, Apex82, Avarus, Romik, Spooz Top, Spectre2007 and quite a few other regulars here have forgotten far more about trading than I'll ever know. It's awesome, daunting, intimidating company, that's for sure.

But I'm not here to compete with them, only to learn from them. The only thing I'm really competing for here is the coveted ES Journal MINOTY* award.

* "most-improved noob of the year."
 
Hey I was quite professional and polite to saliva and pointing out a mistake I often make chasing the market and flip flopping. I am not the King of Traders so my advice was not from an elitist standpoint but just an experienced one...
 
Quote from optioncoach:

Hey I was quite professional and polite to saliva and pointing out a mistake I often make chasing the market and flip flopping. I am not the King of Traders so my advice was not from an elitist standpoint but just an experienced one...
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OC, I certainly did not mean to imply any criticism of you in my message to Saliva. It is obvious that you are both a gentleman and a scholar.
 
I don't see DAX being able to sustain upside for much longer considering monthly chart's histogram which seems to be heading lower towards centreline, major retracement in the making. 3 lowered tops now on divergence, only a matter of time before price performs a Black Monday.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1692471>
 

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out for 5 pts profit on nq per contract on first and second target third target trailing stop and moving to BE.

now looking to short euro here 1.4844 up to 1.4853 for a big move to the downside.

stop will be placed at 1.4860

filled short at euro at 1.4843
 
Quote from mbusch:

Don't leave, Saliva. Better to stay and grow a thicker skin. If you want to learn from more experienced traders (which is certainly why I'm here), you need to accept the fact that traders are highly competitive folks, and perhaps occasionally even abrasive.

Goes with the territory. Trading is, after all, a zero-sum game. For you to win, someone else must lose. It's tough to behave like Miss Manners in a dog-eat-dog environment like that.

There isn't one of us here who hasn't screwed up, taken criticism, confessed our sins, and licked our wounds in public. It's a character-building experience, and it makes you a better trader.

Deal with it. Stick around.
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Quote from optioncoach:

Hey I was quite professional and polite to saliva and pointing out a mistake I often make chasing the market and flip flopping. I am not the King of Traders so my advice was not from an elitist standpoint but just an experienced one...
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My last comment wasn't meant to imply that I'm leaving on account of others' criticism. On the contrary, I welcome constructive criticism. Otherwise, I wouldn't have posted my trades in the first place. But, at the going rate, I'm afraid my impulsive trading will hog up some valuable space. So I plan to cut back. :D

Although OC has a valid point, I'm not just flip-flopping haphazardly, blindly chasing the market. If you bother to review my trades, you would see a distinct pattern behind most of my trades--although not all are profitable.
 
Quote from apex82:

out for 5 pts profit on nq per contract on first and second target third target trailing stop and moving to BE.

now looking to short euro here 1.4844 up to 1.4853 for a big move to the downside.

stop will be placed at 1.4860

filled short at euro at 1.4843
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out first target 1.4825

placing be stop and hitting the sack. leaving targets way below the market.
 
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