ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Nope.
Lots of Long trades called today in a market which was giving out "free money" on the short side.
And conversely when there is an uptrend we're going to see plenty of "top pickers".
So my observation is correct and remains as stated.
Lets hope so ... but those are not intra-day trades. They are overnight trades ... and I perfer not to rely on "hope".
Have fun with your "Counter-trend Trading Journal", it's turning out to be such a wonderful fade.
This tape is a beatiful thing Up huge in FAZ since getting short this market last Thursday.
I don't understand a couple of you here. You fight the tape by shorting the whole way up over the past couple weeks, and when you're finally right and the market is swan diving, you're scalping for a couple points here, a couple points there. This game is tough, I know, even when you're right on the direction, theres often enough chop to mentally shake you out. When you're right you HAVE to hold your winners with conviction in order to come out on top. If you suffer from being anxious when watching the market, decide what you're gonna do, do it, and walk away with orders in.
Up huge in FAZ since getting short this market last Thursday.I don't understand a couple of you here. You fight the tape by shorting the whole way up over the past couple weeks, and when you're finally right and the market is swan diving, you're scalping for a couple points here, a couple points there. This game is tough, I know, even when you're right on the direction, theres often enough chop to mentally shake you out. When you're right you HAVE to hold your winners with conviction in order to come out on top. If you suffer from being anxious when watching the market, decide what you're gonna do, do it, and walk away with orders in.
Quote from MandelbrotSet:
Nope.
Lots of Long trades called today in a market which was giving out "free money" on the short side.
And conversely when there is an uptrend we're going to see plenty of "top pickers".
So my observation is correct and remains as stated.
Lets hope so ... but those are not intra-day trades. They are overnight trades ... and I perfer not to rely on "hope".
Have fun with your "Counter-trend Trading Journal", it's turning out to be such a wonderful fade.
Yet you are the one fearing to post your trades live. Funny how that works.
lol
Who said anything about me "fearing to post live trades"?
LOL
FTR, do try to pay attention to my comments when I make them, they have a tendency to be correct ...
Quote from MandelbrotSet:
Nope.
Lots of Long trades called today in a market which was giving out "free money" on the short side.
And conversely when there is an uptrend we're going to see plenty of "top pickers".
So my observation is correct and remains as stated.
Lets hope so ... but those are not intra-day trades. They are overnight trades ... and I perfer not to rely on "hope".
Have fun with your "Counter-trend Trading Journal", it's turning out to be such a wonderful fade.
Before making such claims, do your homework. And you'll see many of us here were both short and long today. you know what? because we call "INTRADAY" trades.
Now pull out your charts and notice how it is easy to see that you had some nice down moves and some nice up moves as well. Yes you hear me well, some nice UP moves. Bottom line is if you make money or not. Today you could make money on both side. Period.
Now please check out your Ego at the door and call some live trades.
Peace.
PS Free Money????
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