ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
- Start date
- Status
blackjack666
New Post 01-08-10 02:46 PM
Quote from Lawrence Chan:
As usual, no stops? =)
"Not on a long trade on an index. Much better of scailing in if you need too.
Check the posts of people like paulalan and lexcorp. They were posting longs everyday with no stops and both must have made an absolute boat load of cash last year.
Stops are for people who try to be clever by shorting something like the ES."
Fascinating that anyone would seriously consider retail trading the ES without stops.
New Post 01-08-10 02:46 PM
Quote from Lawrence Chan:
As usual, no stops? =)
"Not on a long trade on an index. Much better of scailing in if you need too.
Check the posts of people like paulalan and lexcorp. They were posting longs everyday with no stops and both must have made an absolute boat load of cash last year.
Stops are for people who try to be clever by shorting something like the ES."
Fascinating that anyone would seriously consider retail trading the ES without stops.
Who shall win the battle at 37?
Would it be the streaking bulls, or the bleeding bears.
Would it be the streaking bulls, or the bleeding bears.
Liquidity (MM) bots.
How the upside ends, very soon.
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/5o-SuRXwK5o&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/5o-SuRXwK5o&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/5o-SuRXwK5o&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/5o-SuRXwK5o&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>
ok, so i haven't been doing this for very long but ...
i see that this will be the 11th consecutive UP opex -- far and away the longest unbroken string of UP opexes in history.
I see lots of gaps left open -- some of them intraday
i see a pattern whereby sideways consolidation substitutes for retracement.
And everyone seems to ignore that chart I posted this morning.
Seems like something's really different here. That these markets aren't behaving -- and aren't going to start behaving any time soon -- like the markets of the past.
But, like I said, I haven't been doing this for very long
i see that this will be the 11th consecutive UP opex -- far and away the longest unbroken string of UP opexes in history.
I see lots of gaps left open -- some of them intraday
i see a pattern whereby sideways consolidation substitutes for retracement.
And everyone seems to ignore that chart I posted this morning.
Seems like something's really different here. That these markets aren't behaving -- and aren't going to start behaving any time soon -- like the markets of the past.
But, like I said, I haven't been doing this for very long
IHS setting up
- Status