ES Journal Archive (2006 - 2008)

millionaire7 · Oct 17, 2008

What is TLNW. Thanks

Quote from Buy1Sell2:

I'll need to see a touch of 1075 OR a longer term buy signal before I will begin cautiously looking long. I remain selling rallies for now. My edge is that I do not risk more that 2 percent of TLNW on any one trade/idea. This is the only true edge in trading. I do not look at risk to reward. I only look at risk to TLNW. Reward will take care of itself.

startraitor · Oct 17, 2008

Looking for shorts 61-65, will start at 60-61.

wkoop · Oct 17, 2008

Quote from millionaire7:

What is TLNW. Thanks

Total Liquid Net Worth

startraitor · Oct 17, 2008

long 43.25, 5 pt stop, exit on pa.

startraitor · Oct 17, 2008

exit 46.25 for illustrative purposes. Posting real time, scaling in and out multiple postions in this format is impossible. Thanks gt and I will post the larger swings as I see them, still eyeing 60-65 but pa and entering lunch on a exp friday is not ideal for my style of trading.

startraitor · Oct 17, 2008

started shorting 59.50 plan as before.

startraitor · Oct 17, 2008

added 62

Quote from startraitor:

started shorting 59.50 plan as before.

startraitor · Oct 17, 2008

nq and es at price projections, adding es 66.

ggoyal · Oct 17, 2008

Quote from startraitor:

added 62

having fun with that? i don't understand why people go against the trend and call tops and bottoms.

do you have a plan to exit if it goes against you X?

startraitor · Oct 17, 2008

stops at 975, 39 pts!