ES Journal Archive (2006 - 2008)

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HI, Just wondering the reason for this long trade. Any chart will be appreciated. Thanks.

Quote from Buy1Sell2:

Stopped out. Will look long again or stay on the sidelines.
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Quote from MandelbrotSet:

How many guys would have listened to their significant other in the same situation ... not too many, that's fer sure.

Food for thought.
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The problem is this game is all about you and your choices. You should never base your trading decisions on other's thoughts and never ever base the decision on fear. Losing is a part of winning in trading and anyone who is not a trader will probably not understand that.
 
Quote from Buy1Sell2:

Long 10 contracts @ 1256.50

Initial stop 1253.00
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Why such a tight stop all of the sudden?

From 100 point stop to 3 ?


Even though you lost on the trade, I am impressed.





:)
 
Quote from volente_00:

The problem is this game is all about you and your choices. You should never base your trading decisions on other's thoughts and never ever base the decision on fear. Losing is a part of winning in trading and anyone who is not a trader will probably not understand that.
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So why do you post and share thoughts on this thread
 
Quote from OldTrader:

Why are you trading the long side? The trend is down isn't it?

OldTrader
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The daily trend is up and the weekly trend is up at the moment. I'm nibbling here to find the correct entry. Haven't found it yet although today's was closer to the real thing. I'll try 20 contracts next.

You are correct though that the 60 minute trend remains down and I haven't caught it yet to the upside.
 
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