ES Journal Archive (2006 - 2008)

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Quote from Buy1Sell2:

Option trades will not be considered real trades in this journal unless they are a longer term hold (several days or weeks).:)

They're as good as gold in my book, so they'll count (for me).
 
Quote from iloveoptions:

They're as good as gold in my book, so they'll count (for me).

Yes they are good for you. They're just too hard to track for the journal when they are so short term. This journal is for directional trading with stops. Good fortune to you and I enjoy the posts.
 
Quote from JSSPMK:

Oldtrader, you said when market "blows through", at 9.13 & 9.20am I fail to see how exactly price has blown through, TY!

Lonf 1420 off 1 & 2, stop near 1418 :)

-2.25 standing back for a while

-2.25
-1.5
-2.25
 
Quote from JSSPMK:

Oldtrader, you said when market "blows through", at 9.13 & 9.20am I fail to see how exactly price has blown through, TY!

Lonf 1420 off 1 & 2, stop near 1418 :)

What I meant by that is that when the time arrives that it does blow thru your stop, you're still in because your stop was not hard. Frankly, for a forum like this it makes your stop meaningless because while you're "deciding", the market could be moving.

And, not saying you would do this, but in forums like this a guy with a "mental stop" can simply sit back and see what the price does before he posts what he "decided" he would do. Goes down he was out, goes up he "decided" to hold for a while. Happens all the time.

OldTrader
 
Quote from Buy1Sell2:

Trading in the direction of the overall trend here.

There is a good chance that we peaked yesterday and we won't get a complete gapfill up to 1447.... After all we have been in an uptrend for 2 months now...
 
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