ES Journal Archive (2009 - 2010)

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Quote from tommymoose:

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.
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With all due respect, but what a difference one day can make.

But you knew this would be coming. :D
 
Quote from saliva:

With all due respect, but what a difference one day can make.

But you knew this would be coming. :D
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What are you talking about? Tommy always knows!! :D He can spot a trend change months before it takes shape. I think he's one of the GS boys. :)
 
Quote from saliva:

With all due respect, but what a difference one day can make.

But you knew this would be coming. :D
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I'm not sure, you tell me... what difference DID a day make?

I'm still in my position... and it is still in the green... and I added to it because the market gave me a favorable level on this retrace.

lawlz I <3 Options :D


... just to add, I think today is demonstrating the point I was making yesterday that you need to hold your positions with conviction and to not get shaken out by shit like this. Not sure of saliva's point though.
 
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