ES Journal Archive (2006 - 2008)

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Quote from opt789:

From what he has said he appears to be short a large position from over 1400 still. His little daytrades, which have almost all been losers, are just to give him something to do and a way to communicate with ET participants. Who cares if you lose a few points on a daytrade here and there if you have a full positional short on from May.

This is correct. I enjoy communicating here and posting trades, even losing ones, is helpful in that regard.
 
Quote from JSSPMK:

Long 1245.25 off 5 & below, stop near 1243, hard stop -10

-1 will consider Long if 1m turns bullish

Re-entered Long 50% position, stop near LOD, hard stop -10

might elect stop before LOD

-0.5 will be looking at 1m again for long signal
 
This is simply a tautological statement.

negative expectation = mathematical probability of losses.

"You can observe a lot by watching." - Yogi Berra

- Your friendly neighborhood word police. :D

Quote from smilingsynic:

It is mathematically impossible to make money IN THE LONG RUN with a system with a negative expectancy. Position size is irrelevant; small size only allows one to play longer.
 
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