ES Journal Archive (2006 - 2008)

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Quote from volente_00:

2 months of sitting to get back to a low that he could have already covered at before and avoided the 150 point spike?
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I am not envious of the guy, and I could not endure his drawdowns, but I bet most out there in ET land and on Yahoo Finance would be happy as punch to have sitting short with him the last few months.
 
Wow, just woke up...looks like I had to stay in bed, this is way too volatile for me & I don't fancy trading 1 lot at a time.

Best to all!
 
Quote from smilingsynic:

I am not envious of the guy, and I could not endure his drawdowns, but I bet most out there in ET land and on Yahoo Finance would be happy as punch to have sitting short with him the last few months.
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Volente was right before when he made a comparison according to leverage, Buy1Sell2 is underleveraged so his gain of say 200 ES using a 50 pt stop would be comparable to an 8 pt gain using a 2 pt stop using high leverage
 
Quote from Lawrence Chan:

Guys,

When the spiral down is hitting hardest, you cannot step in front of the train.

Just check the currencies out, USD/JPY is heading for 90 at least. There is no stopping that from happening. The real target is 80 set 10+ years ago.

The only hope is that central banks will act at either 90 or 80 to stop the train.

Before that, ES will not be able to stop itself - unless of course LIMIT DOWN overnight.

Warning again - Newbies, do not touch this market unless you are prepared to loose some serious $$$.

Edit: I do not usually monitor the market overnight, it seems like I have to make an exception tonight. :eek:
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Lawrence wins best sponsor on ET award, TY for sharing man :)
 
Quote from JSSPMK:

Lawrence wins best sponsor on ET award, TY for sharing man :)
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Thank you.

Went to sleep eventually - I do not want to participate in the wild ride until I see how others react in the regular session. :)
 
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