ES Journal Archive (2006 - 2008)

[bvam1]

Sold some more on weak upside momentum.

 

[kamek]

i'm done for today going to the gym
-140

 

[bvam1]

Only 4 pts gain today for me. Missed the mid day rally. Onward to AH No time to rest!

 

[Chuck Krug]

Quote from Chuck Krug:

/buys spy may 140 calls 0.98 avg

/sells spy may 140 calls -0.11
:-(

 

[kamek]

how many did u buy in the first place?

 

[atticus]

Long 30 NDX Apr 1700/1800/1900 flies from 53 [basis the call fly]. Bought Friday at the close; some synthetics and irons.

 

[elovemer]

bullish M inside bearish W

 

[volente_00]

how bout a little bump to 34-35 to make a right shoulder and then a fall to 1316.


http://quotes.ino.com/chart/?s=CME_ES.M08.E&v=s

 

[jagmot]

Quote from kamek:

i'm thinking about starting my full time trading career in september. i would do it in june but i think i might get fucked up in the summer time, lol.

Kamek,

Not trying to offend, but your statement makes me think that you are not ready to trade full time. Timing should not matter, you should only trade full time once you have an identifiable edge.

At a minimum I would suggest having at least 1,000 real life trades. Since you are only trading part time, you should then use these stats to look at a full 3 months trading, and what your income would be.

 

[kamek]

i made that comment because in the summer time volume significantly dries up. i have been trading for 2 years now. i took 2 weeks off just to see what i can without interruption at my job. i can honestly say i have 2 unique edges. i said i might actually do it full time in july because this time might be different because people are hawking companies around earnings time.

thx for ur opinion tho