ES Journal Archive (2009 - 2010)

[athabasca]

Hmm. . .that darn trin just won't go below 1. Wonder what's up.

 

[ammo]

2 year market profile of es the deep cleavage is 1185-90

 

[No.Heat]

Quote from jorgez:

Perhaps "straightforward" is better suited than "easy"

Once you pass through the fog of confusion ES will never seem the same again, but you won't know that until it happens.
The first signs are glimmers that appear clearly and then fade.
Gradually these glimmers appear more frequently and remain longer until it all becomes continuous.

The downside of ET is that it passes on a defeatist attitude to noobies who hardly know what the ES consists of .. and they become toast before they even kick into gear.

People talk of many ways to trade, but in my opinion there is only one way and it combines two elements ...

... high win/loss ratio
plus ... high risk/reward ratio

My suggestion to the few original thinkers here is never ever forget this and never ever allow other people to persuade you otherwise.

By all means use the odd indicator, channel line etc if it aids in your progress (you will eventually grow out of them) but never ever take your eye of the ball.

... high win/loss ratio
plus ... high risk/reward ratio

Ive seen a lot of claims of people doing high ratio high reward never seen it done.

Ive been trading for over 10 years, to say I'm skeptical of claims in this business is an absolute understatement.

 

[ammo]

spx since 1987 tl

 

[ammo]

spx reduced to daily tl is 1188ish

 

[F112358]

Quote from ammo:

2 year market profile of es the deep cleavage is 1185-90

ammo getting bullish must be some sort of bad omen for the market...

 

[ammo]

low /risk high reward would be wait for that cleavage fill and sell it with both hands,looking for a pullback to 1100 ,maybe 1090 after....assuming it ever gets there

 

[jorgez]

Quote from No.Heat:

Ive seen a lot of claims of people doing high ratio high reward never seen it done.

Ive been trading for over 10 years, to say I'm skeptical of claims in this business is an absolute understatement.

The only important ingredient is "Do you truly believe that you can do it"

 

[eminisignals]

Quote from eminisignals:

S 1169.50

Target and Stop 2 Points.

Exited half at BE.

 

[emg]

Quote from jorgez:

The only important ingredient is "Do you truly believe that you can do it"

You sound like Robert Kiyosaki (Rich Dad, Poor Dad). He makes money by holding seminars. His book is no different than a college text book Finance 101.

The best philosopy in trading is coming out of your own experience. Like i said, you believe that es is easy