ES Journal Archive (2006 - 2008)

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Quote from Buy1Sell2:

The rules are that trades are regarded as "no trade" if not posted in real time with a real time stop. If numbers are posted, we may need to assume that the person intended that trade if we have knowledge of what their stop rule is. After all, if I was to come here and say " I think we are going to 1290 " and then 3 weeks later were at 1290, should I be able to say "Wow, rode that one all the way down--taking profit here at 1290" -- I think not. At least not under the standard that I have been setting here in recent months in order to raise the level of journal integrity.

I must also point out that it is not required to post any trades here, but don't expect to receive kudos for vague or after the fact stuff.
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That's reasonable
 
Quote from JSSPMK:

Have the rules changed again? :) Are we allowed to post market commentary or not? What if a person makes an observation & posts it, but doesn't necessarily trade it? What's wrong with that?
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I just wondered if Volente was making a trade, since what he posts seems to be very vague. In this case, he posted a question. I would think that even commentary could be clearer. That said, I'd love to see how this 10 point thing works. I don't think it does unless the data is cherry-picked. ES moves 10 all the time....it's just a question from where.

OldTrader
 
06-11-08 07:44 AM



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Quote from Buy1Sell2:

Short here at 1359.75 10 contracts
Initial buy stop 1364.50
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Buy stop lowered to 1363.00
Buy stop lowered to 1362.75
 
Quote from OldTrader:

I just wondered if Volente was making a trade, since what he posts seems to be very vague. In this case, he posted a question. I would think that even commentary could be clearer. That said, I'd love to see how this 10 point thing works. I don't think it does unless the data is cherry-picked. ES moves 10 all the time....it's just a question from where.

OldTrader
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ImPO a rule of 10 is of benefit when I see either supporting evidence in histogram, in a way the more the merrier kind of approach. I see what you mean though.
 
Quote from OldTrader:

I just wondered if Volente was making a trade, since what he posts seems to be very vague. In this case, he posted a question. I would think that even commentary could be clearer. That said, I'd love to see how this 10 point thing works. I don't think it does unless the data is cherry-picked. ES moves 10 all the time....it's just a question from where.

OldTrader
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Yes, I agree. It's just difficult to tell if he is being successful or not. I guess we can assume that he is, but it's hard to tell if he is getting stopped out and then stopping for the day etc.
 
Quote from JSSPMK:

3m looks bearish at the moment
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For the purpose of information & progress I am posting a chart of what I was seeing on 3m's histo, that was looking more as a lead into 10m chart which eventually put in 3rd failed swing on 3 lower peaks.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1953837>
 

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06-11-08 08:10 AM

06-11-08 07:44 AM



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Quote from Buy1Sell2:

Short here at 1359.75 10 contracts
Initial buy stop 1364.50
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Buy stop lowered to 1363.00
Buy stop lowered to 1362.75
Buy stop lowered to 1362.00
 
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