You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
- Start date
- Status
- Not open for further replies.
Quote from Brendan R:
out at 695
77k day, yeah baby
curious where your stop was (if any) and/or what your risk management was for the trade?
i ask because, given your gains, that means you were underwater ~$25,000 @ one point. i'd have been shaken out; so i'm trying to learn how other people handle such circumstances successfully.
congrats.
It's amazing the heat you can take when you trade a paper account. I have a paper to real account conversion that takes all paper trades that are profitable and converts them to real money...
Just kidding with you, congrats on the 77k!!
Just kidding with you, congrats on the 77k!!
Quote from gangof4:
curious where your stop was (if any) and/or what your risk management was for the trade?
i ask because, given your gains, that means you were underwater ~$25,000 @ one point. i'd have been shaken out; so i'm trying to learn how other people handle such circumstances successfully.
congrats.
thanks guys, if you can't take the pain don't trade it as they say.
my stop losses in dollar amounts are $35k which is 7 points on 100 minis which would have put me above the resistance by more than one point accounting for slippage. My belief was that we wouldn't break 716 which indeed worked.
I was short Dax too but this one behaved very strangely today and I barely broke even. Check out the graph and the correlation with the ES, very weird.
my stop losses in dollar amounts are $35k which is 7 points on 100 minis which would have put me above the resistance by more than one point accounting for slippage. My belief was that we wouldn't break 716 which indeed worked.
I was short Dax too but this one behaved very strangely today and I barely broke even. Check out the graph and the correlation with the ES, very weird.
everytime i trade the stops are the same....default and they are not big....2 points is big....intraday....that is one reason to use the tick chart......panic trading and no concrete system is more losses coming, most likely... B1....too much has been tolerated here over the years...way too much....not just porge....romik, vol, pekk, and yes even u got in on it........but who cares...buy low sell high with trend...that stuff of going way underwater is dumb...
Quote from Brendan R:
thanks guys, if you can't take the pain don't trade it as they say.
my stop losses in dollar amounts are $35k which is 7 points on 100 minis which would have put me above the resistance by more than one point accounting for slippage. My belief was that we wouldn't break 716 which indeed worked.
I was short Dax too but this one behaved very strangely today and I barely broke even. Check out the graph and the correlation with the ES, very weird.
i was in that same DAX trade- i was swearing at my screen!
the real bitch is that i was long earlier when the DAX was leading down (got smoked when it jumped my stop limit), then, decided to play the drop i saw in the ES by shorting the DAX; only to watch the ES drop and DAX refuse to budge. this has been a long frustrating night/day of trading.
- Status
- Not open for further replies.