ES Journal Archive (2009 - 2010)

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Quote from vertigo3:

How about that, printed 64.50.

I didn't participate because I did not have any patience.

patience is a virtue (only in hindsight on a trade that moves in your favor)
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You got caught in a stop run, and that my friend happens to everyone if you trade long enough. I've been stopped out on the exact low or high tick or within .25 before a large reversal happens but all you can do is move on and start looking for the next opportunity to expoit.


Do you always move your stop to 1 point under break even ?
 
If it can hold support, Looking to buy around here - 762 to 755

bot 2 @ 761.25

will buy 4 more below 760, unless it drops like a stone on the way to 740
 
Quote from saliva:

Short 772.50.

Let's take this baby down to 740 boys! :D
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Out at 60.50

Lunchtime trannies will chop everybody down before, like I said, we head down to 740.
 
vol,
no, I don't always move my stop to 1 pt to the good.
earrlier this week I made a terrible trade,

tried to exercise some patience, stayed in a losing position

now I'm stop happy. Happy to place a stop.

believe me, I have already lived the "stopped to the tick" reality which is what made me study the charts harder.

right now, I'm a little out of sync, that's all.

It'll all get straightened out when I have my appointment with Uncle Jack, Daniels... in about 2 hours (since I got up this morning at 1:30am). I have seen the 12 hour cycle work over and over again... awake for 12 hours, have a drink. and there is a sub-cycle apparent also... awake for 12 hours and 15 minutes, have another drink. Not like stock market cycles, this cycle repeats on a dialy basis.



:eek:
 
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