ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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r10 but there is that pesky gap at 73
Wonder how the 107 spy put buyers are doing right now ?
Quote from volente_00:
Wonder how the 107 spy put buyers are doing right now ?
Why would anyone still be holding those until now? Seriously, what's your r/r given the day's volatility?
This is some tug of war. I'll sit back and watch the winning party take the cake
Small loss today $ 68.00 totally my fault. 1 loss, 1 win. Did not wait for confirmation signal, and did not short at correct point on my chart.
Both trades were shorts, but 1st was way too early, and hit my stop loss.
On 2nd short, I was looking for more points, but when market went back above my point of entry for 2nd time, decided to take just 1 point instead of leaving target and stops alone.
My thought process was that if market was very weak, it should not be able to get back to my point of entry which was 1070.50 after falling under 1069, and I did not want a late day rally to kill me, and I think we may be in a range right now will continue to watch, not sure its worth another trade with 30 min left in day.
Both trades were shorts, but 1st was way too early, and hit my stop loss.
On 2nd short, I was looking for more points, but when market went back above my point of entry for 2nd time, decided to take just 1 point instead of leaving target and stops alone.
My thought process was that if market was very weak, it should not be able to get back to my point of entry which was 1070.50 after falling under 1069, and I did not want a late day rally to kill me, and I think we may be in a range right now will continue to watch, not sure its worth another trade with 30 min left in day.
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