ES Journal Archive (2006 - 2008)

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Quote from apex82:

well I got stopped out last night.... thank god. This market is nuts. If you were long you are one lucky son of a bitch... that was pure luck heh.
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Thank you, at least someone is being honest.
 
Quote from avarus:

I get a call from an old colleague (corporate cubicle clown), yes I was one once also. Anyways, the guy thinks he knows what he is doing so he takes 50k and invests it last week. He calls me and tells me he is down to 15k and wants to know what he did wrong. He has about 3 months experience.
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How much money do you think the guys that front ran this little news tidbit made just now, I bet its a lot. :)
 
Quote from StockyIrishman:

I know exactly what he did, traded too many contracts at a time. get your trades right with small contracts and work your way up. Too much in ur account gives overconfidence, ESPECIALLY when you just deposit it and don't build it up because of winning trades. [1st hand experience :( ]
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But all I hear on ET is to start with a well funded account lol
Some of the good traders have lost 200 to 300 k before turning their trading around, after many years.

very true SIM
 
I wonder if Brother Ben (Bernanke, not the ET version :D ) covered his short yesterday and went long at the close in front of this announcement. Maybe he's not as naive as we think.
 
Quote from avarus:

What the market giveth, the market taketh back. Look at bonds drop. Crude sell 90-93.
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save me the trouble and dig up your post from yesterday about bonds ... going back down... I think.. very prophetic
 
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