ES Journal Archive (2006 - 2008)

[PACMAN1]

Quote from wave:

Pac, see this is my problem with most. Traders can't be questioning. I say this for their own good. You have to have an edge that says this is the breakdown. If it fails, you better be able to take the next one, the next, the next. Risk control, net profits name of the game. Stop and reverse is your friend.

My long term changed from short to long at 1200. I will hold to 1580. In between there I will take on short positions as well.
As long as my net positive. This is a business , profit centers, operating margins, profit margins. All the best.

Wave I will say you do know the markets I just take a little out of the market here and there. I usually trade about the most 5 trades a day just in and out. I do wish you the best and good trading to you. and keep up the comments you do know your markets.

Pacman

 

[wave]

I am sure you do as well. See they know the methods of most traders and investors and how they move their stops. They play off our fear and greed. They took it down, ran it back up, took out the stops and now are going to finish the play down to 1284.

 

[OldTrader]

Quote from volente_00:

Rule of 10 rubbing off on ya ?

Like I said before, 10 point moves all over the chart...just a question of where they start. LOL.

OldTrader

 

[OldTrader]

Quote from OldTrader:

I decided to sell half of my ES at 1299.50 for just under 9 points profit. Still holding the other half with an overnight stop of 1275.75.

OldTrader

OK, starting the stop off today at 1280.75, so I can watch what takes place here. Long half a position from 1290.75 yesterday afternoon.

OldTrader

 

[OldTrader]

Quote from wave:

Pac, see this is my problem with most. Traders can't be questioning. I say this for their own good. You have to have an edge that says this is the breakdown. If it fails, you better be able to take the next one, the next, the next. Risk control, net profits name of the game. Stop and reverse is your friend.

My long term changed from short to long at 1200. I will hold to 1580. In between there I will take on short positions as well.
As long as my net positive. This is a business , profit centers, operating margins, profit margins. All the best.

Let us know when you stop and reverse your short position.

OldTrader

 

[OldTrader]

Quote from OldTrader:

OK, starting the stop off today at 1280.75, so I can watch what takes place here. Long half a position from 1290.75 yesterday afternoon.

OldTrader

OK, I'm moving the stop to breakeven....1290.75. Let's see if we can take the overnight highs out.

OldTrader

 

[bbqbbq]

i think today a break of 1305

 

[OldTrader]

Selling the last half of the long ES at 1302.00 for just over 11 points profit.

OldTrader

 

[PACMAN1]

Quote from OldTrader:

OK, I'm moving the stop to breakeven....1290.75. Let's see if we can take the overnight highs out.

OldTrader

You have a really good trade going way to go.

 

[gwac]

oil down big

stock cannot hold gains


this does not look good right now...