ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from Buy1Sell2:

No. I am all in and all out. I am just preparing for closing MOC today as I always do with longs on Fri especially with the 3 day weekend. I will look to either get stopped out or get out MOC

Nice word play, but you are still averaging in no matter how you word it. Curious, if the trend to you is still long term bullish then why won't you hold longs over the weekends ? Why reenter the long sunday nights ? Do you hold any longs over the weekend in any areas ?
 
Quote from volente_00:

Curious, if the trend to you is still long term bullish then why won't you hold longs over the weekends ? Why reenter the long sunday nights ?

Not to mention that increases commission, and that was one reason why he didn't play short term in the past...
So we here see a complete change in the approach to trading.
 
Quote from volente_00:

Nice word play, but you are still averaging in no matter how you word it. Curious, if the trend to you is still long term bullish then why won't you hold longs over the weekends ? Why reenter the long sunday nights ? Do you hold any longs over the weekend in any areas ?

All I have done here is prepare a stop out on all long ES trades that will get me out for the weekend without too much loss. Averaging in is done without a stop. I do not do that.

Certainly I hold longs in other markets over the weekends. Just not in equities futures.
 
Quote from Pekelo:

Not to mention that increases commission, and that was one reason why he didn't play short term in the past...
So we here see a complete change in the approach to trading.

I have always exited long equity futures on weekends. --always.
I've posted that policy long ago in this journal.
 
I've also posted several times before that if I make a daytrade . it's much smaller in size than a position trade. Most new/inexperienced traders make the mistake of putting larger size on for a daytrade. This is exactly backwards of what should be done. My positional long is from 1398.25 and my day/swing long was from 1410.75. The position trade is much larger than the shorter term trade. I've posted this several times in the journal, but has been forgotten. What I do is post honest actual trades here. That's why you see the losing trades that I report. I have no problem showing those to you. Good fortune to all!!
:)
 
Status
Not open for further replies.
Back
Top