ES Journal Archive (2006 - 2008)

[volente_00]

Quote from Buy1Sell2:

Absolutely not.

I have a risk versus TLNW ratio and that is all. Profits will take care of themselves. Losses, I can control.

So without a target how does one determine when it is time to take profit ?

 

[volente_00]

Quote from Buy1Sell2:

This stop was miscalculated and should have been 1389.75. I have moved it there and will trail up from there should we get upward movement.

That stop is right there begging to be hit on a r10 move. Seems mighty risky. What happened to the large stops you used to use ?

 

[Buy1Sell2]

Quote from volente_00:

So without a target how does one determine when it is time to take profit ?

As I have mentioned quite often ==Trailing stops

 

[Buy1Sell2]

Quote from volente_00:

That stop is right there begging to be hit on a r10 move. Seems mighty risky. What happened to the large stops you used to use ?

These are swing trades. The risk is small here even if stopped out.

 

[Lawrence Chan]

B1S2's stop is right below support level based on RTH.

Interesting to see what will happen when 10:00 number comes out.

 

[mbusch]

Long from 1394, looking for 1404 on a T-day trade.

 

[blaster1]

Long 1394.

Edit: stopped -1.5

 

[gwac]

S1 is right here.

Long here

Quote from blaster1:

Long 1394.

Edit: stopped -1.5

 

[Lawrence Chan]

98 - 88 ?

 

[Pekelo]

In the chatroom when there is a consensus about the market direction, the market ALWAYS moves against it....

1389 is Rule of 10...