ES Journal Archive (2006 - 2008)

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Like a boxer , you jab, jab, jab and wait for the knockout trade.

<a href="http://www.sweetim.com/s.asp?im=gen&ref=11" target="_blank"><img src="http://content.sweetim.com/sim/cpie/emoticons/00020059.gif" border=0 ></a>
 
Quote from MandelbrotSet:

Long @ 1344.00

PS @ 1340.00

Looking for the bottom to be put in this morning.


P.S. Actually, there is a small amount of fear, but if distribution doesn't follow it, the market will take off from here.

Regards,

Nice bottom picking :D

You might as well flip a coin and you would have better odds.
 
Quote from Mins:

Nice bottom picking :D

You might as well flip a coin and you would have better odds.

It is possible to flip a coin and take any trade with a small stop. If the trade develops into a winner and it is allowed to run for a large gain, then the strategy works. I do not employ this strategy, but it is all in the stop out (capital management) which is the only true edge in trading.
 
First hours range is in. patience.. <a href="http://www.sweetim.com/s.asp?im=gen&ref=11" target="_blank"><img src="http://content.sweetim.com/sim/cpie/emoticons/0002028A.gif" border=0 ></a>


Options day and this can pop for 10 handles in a flash........10 or more, 20 anyone? ha
 
Quote from Mins:

Nice bottom picking :D

You might as well flip a coin and you would have better odds.
I'm looking at support to hold at the pivot point.

It's a valid concept, but IMHO, my stops are too tight.

... btw, I see that you want to resume the trash talking, but have not made one single post calling a trade, Long or Short, ever.

Now, the cumpolsury smily faces, grins and laughs. :) :D :p ... :p

Oh, almost forgot the insult too ... assclown. :p
 
Quote from Buy1Sell2:

It is possible to flip a coin and take any trade with a small stop. If the trade develops into a winner and it is allowed to run for a large gain, then the strategy works. I do not employ this strategy, but it is all in the stop out (capital management) which is the only true edge in trading.

That's silly and you know it is. No trader has the emotional attachment to the market as machine does.

Buy1Sell2 whenever you mention these easy methods of trading i don't ever think you take into account of human emotions.

If you believe in that method so much then simply program it and check the results.
 
Quote from MandelbrotSet:

I'm looking at support to hold at the pivot point.

It's a valid concept, but IMHO, my stops are too tight.

... btw, I see that you want to resume the trash talking, but have not made one single post calling a trade, Long or Short, ever.

Now, the cumpolsury smily faces, grins and laughs. :) :D :p ... :p

Oh, almost forgot the insult too ... assclown. :p

Wow so its okay for you too clown on others when they post losing trades.

As for your trade, it was simply gambling - you have no concept of the tape or volume or even price. If you did then no way in hell you would have taken that long.

But whatever, i am not here to claim i am a great trader - simply to inform other noobs that the way some trade here is crazy.
Did you have an edge with that particular trade??




Zero sums game baby, if you don't like the competition then don't play the game.
 
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