ES Journal Archive (2009 - 2010)

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Quote from piggie2000:

so what was your stop buysell? you never said you changed it from 929? I just have a hard as hell time believing any professional trader lets a trade work not once but twice and lets it recoil all the way back against him 2 times. you must be a demo trader
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With 20 contracts, if he takes just 2 off at +50 points (934-->884), pocketing $5k, then he's doubled what he would make if stopped out at 929 on all 20. That still allows for 90% of the original 20 lot to run.

I'm not sure I get it, but he does seem to have it all work out in the long run.
 
Quote from tomahawk:

With 20 contracts, if he takes just 2 off at +50 points (934-->884), pocketing $5k, then he's doubled what he would make if stopped out at 929 on all 20. That still allows for 90% of the original 20 lot to run.

I'm not sure I get it, but he does seem to have it all work out in the long run.
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Some trades will not be as good as others. I am looking for performance over the long haul. If I were to take 2 off, then I would have taken all 20 off. I am not trading off of any charts less than the daily right now. What I am trying to demonstrate here is "how to stick to your rules." --Izzy:)
 
i have been away from the forum for a couple weeks now due to the negative sh** that was going on... i still see one of the negative posters is still lingering in here. I was just wondering where Saliva went?
 
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