ES Journal Archive (2009 - 2010)

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Good afternoon. Well, I decided to take a long position and this time leave the stop and target alone.

Well, market is moving really really slow. So to take my mind off of it and prevent me from moving stops and targets, I started a game of StarCraft 2 multiplayer.

Now, like in ES which I believe I have an edge, I use an edge based strategy on starcraft, and it works out and I eliminate one of the enemy team members.

Then I hear my favorite sound in the world, even better than the sounds you hear making love to a woman. I hear "target filled".

The game ends in victory, and I check, and yes ! :-) my target price was hit and I took 2 points instead of the 1 point wins that I have been taking recently. This will be my last trade of the day, I don't want to give back my profit on non edge based setups.

Quote from emg:

Good Afternoon Traders!
 
Quote from Thundershock:

FYI, never take a position unless you're very sure of it. You of all people should know about trading discipline :-P 77 will be a big stretch given the lack of volume but I hope it works out for you.

You're right, I should know better. 9/18 looked like it was about to roll, 84 looked solid, So I gave it a shot.

I'll chalk this one up into the stupid column. BTW, it was minimal position, I rarely ever put on full positions, I just add on.

Thanks for the words of wisdom.
 
Quote from schizo:
08-31-10 02:38 PM

BTW for those who's been tracking the treasuries, it's about to roll over. Ya better pile on before it's too late.

Piled on yet? It starting to pick up steam. Yawza!
 
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