ES Journal Archive (2006 - 2008)

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Did you see who has yesterday that target? And same idiot that sold it at 96.50 and today is trying contra trend trades?

Quote from spidey:

This thing looks like it wants 1370 area
More...
 
Quote from dmartin:

Another random (no statistical edge whatsoever) trade!
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DM,

Let's cut B1S2 some slack. He has posted most if not all of his trading system for anyone to look at here. I haven't done that nor have most people on any board.
 
Quote from jagmot:

DM,

Let's cut B1S2 some slack. He has posted most if not all of his trading system for anyone to look at here. I haven't done that nor have most people on any board.
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Exactly. Well said.

OldTrader
 
06-06-08 10:03 AM



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Quote from Buy1Sell2:

Will go long on buy stop at 138775
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Buy stop lowered to 1385.75 5 contracts
Buy stop lowered to 1381.25 5 contracts
 
Quote from OldTrader:

You got a trade you want to post here?

OldTrader
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If one is posting a trade it should have a premise and plan. If one manages their trades by feel you are expressing through your behavior a lack of confidence in the plan/premise which in fact most traders don't have a plan/premise. They have read a little, observed a little and now they start trading. The problem is they really don't understand how markets move and what makes them move and are simply relying on patterns for entry and exits that provide them with no statistical edge. The result: loss of capital overtime which they blame it on lack of discipline when in fact it's simply not knowing how the markets work.

If I post a trade I will share with you the premise.
 
06-06-08 10:30 AM

06-06-08 10:03 AM



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Quote from Buy1Sell2:

Will go long on buy stop at 138775
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Buy stop lowered to 1385.75 5 contracts
Buy stop lowered to 1381.25 5 contracts
Stopped in
Intial sell stop 1363.00
 
Quote from Buy1Sell2:

06-06-08 10:03 AM



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Quote from Buy1Sell2:

Will go long on buy stop at 138775
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Buy stop lowered to 1385.75 5 contracts
Buy stop lowered to 1381.25 5 contracts
More...

Whether this is a winning trade or losing trade is not the point--there is no premise or plan to this trade. At least none I've seen. And please, don't tell me to read the previous 6000 post to figure it out.
 
Quote from JSSPMK:

Long 1377.25 off 4 & poss 10 (early), stop near 1375.5, hard stop -10

Scaled out 2/3 +2.5

DMartin, please control your emotions.
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1/3 +3 reversed

Short 1380.25 off 1, stop near 1381.75, hard stop +10

Scaled out 2/3 +2
 
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