You spend way to much time here for you to know so much about so many posters. You clearly have some psychological issues that need to be dealt with, seek help.
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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You spend way to much time here for you to know so much about so many posters. You clearly have some psychological issues that need to be dealt with, seek help.
Check your PMs
let's try again
/buys es 880.5 initial stop 875
/buys es 880.5 initial stop 875
/moves stop to 880.75
stopped out again
/buys es sep 900 calls @34.00
I am not going to quote anyone in this post, just a summary of thoughts from so many posts lately.
1. Position trading or not with low leverage does not make that superior to day trading.
Size move markets. The biggest size right now, is daytrading volume. The daily volume is 2x that in the open interest by end of last year.
Thus proper exploit of intraday price actions will surely produce more money than position trading now. If the daily volume shrinks, then the controlling parties may change in the future.
Since May, the daily volume has started to shrink.
2. Riding a trade does not imply superior performance to scalping style.
If you can consistently make 1 pts (all in all out) net everyday without much risk involved, then it could be better than riding a move of 5+ pts where you have to take more risk.
It is all about the expectancy and risk control relative to the account size.
To make that even shorter - consistency rules!
1. Position trading or not with low leverage does not make that superior to day trading.
Size move markets. The biggest size right now, is daytrading volume. The daily volume is 2x that in the open interest by end of last year.
Thus proper exploit of intraday price actions will surely produce more money than position trading now. If the daily volume shrinks, then the controlling parties may change in the future.
Since May, the daily volume has started to shrink.
2. Riding a trade does not imply superior performance to scalping style.
If you can consistently make 1 pts (all in all out) net everyday without much risk involved, then it could be better than riding a move of 5+ pts where you have to take more risk.
It is all about the expectancy and risk control relative to the account size.
To make that even shorter - consistency rules!
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