ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from avarus:

This is the cost of momentum trading / breakouts. Sometimes they just run without pulling back, most times they breakout, pullback and take out the trailing stops that are in the noise. The safest would be to wait for 1st pullback after the breakout, but you may never get it. We did here and that would have you long from 60ish or so with stops at the lows. Stops are a big part of the whole game.
More...

i understand the momo where PA is BOT`d straight up......but more directly,what is the RR on this play? at 2:1...you need a 100 handle profit move to 1397.....& in this environment,i`d say odds are against the latter.........either way,GL
 
Quote from JSSPMK:

Doesn't .75% cut confirm that there are serious problems and THAT alone may trigger further declines, yes or no? Opinions.
More...

I think so. The head of the GAO has said if the US were a company, it would be bankrupt. The boomer retirements begin now and when all those entitlements are due, there will be some serious problems to solve. We can no longer afford to sustain an empire.
 
Quote from apex82:

I would love to be trading... but my platforms are frozen from this rally... anyone else in the same boat. This is never happend to me before..
More...

that right there tells me you are new to this game and cant be trusted.

I was up at 400AM this morning w/Spectre posting about trading platforms freezing today.

your lo$$ not mine

blackguard
 
Status
Not open for further replies.
Back
Top