ES Journal Archive (2009 - 2010)

home_es_trader · Jul 13, 2010

Hi Everyone,

I am a new ES trader , I worked in trading software company and traded for the last 2~ years (paper).
Finally mounted up the courage/ stupidity to start doing this full time (I know that the stats are really against me , but â¦. Who knows)

I trade the ES , not a scalper more of daily swing trader (at least is what I did on paper trading with success).

Started out yesterday with live and got (6% drawdown) and I deserve it as I broker EVERY rule I set for myself . so I guess it was a goof lesson to start with (rather then making mistakes and not paying for them which in the long run is worse)

As I want to trade less and wait for my setups (that are around 2-4 a day) , I have time to burn.

Good luck to everyone

Eko_Trader · Jul 13, 2010

Watch out for this freight train.

Pekelo · Jul 13, 2010

Quote from ASusilovic:

Let me guess, one of those rules is...

...you can not be short, genius...

P.S.: If I hurt your sensitive soul calling your question silly in a vile and rude way, I apologize.

ES.Dreamer · Jul 13, 2010

Quote from ES.Dreamer:

2nd car out 66 +54.50

stop remains 1016

last target above 1110 based on new development aka runner

ESD

Using a daily downtrendline as exit to protect profits.

Last car 94 sold, +82.50

Flat on the trade.

Wish I could take credit on the play, I just piggybacked my mentor Anek, his call.

Good trading.

ESD

MarkRyan · Jul 13, 2010

ES going after the high 1129.50 to test

ASusilovic · Jul 13, 2010

Quote from Pekelo:

...you can not be short, genius...

P.S.: If I hurt your sensitive soul calling your question silly in a vile and rude way, I apologize.

Old school. Have heard sweeter compliments.

Pekelo · Jul 13, 2010

I think NDX is making a Head to the left Shoulder of yesterday's morning. It isn't that obvious on the other 2 indeces...

Also there is an RSI divergence going on...

Speciaul_K · Jul 13, 2010

Quote from ES.Dreamer:

Using a daily downtrendline as exit to protect profits.

Last car 94 sold, +82.50

Flat on the trade.

Wish I could take credit on the play, I just piggybacked my mentor Anek, his call.

Good trading.

ESD

Showoff

I'll showoff to just went short at 1093.25, 2nd order at 1094.25

Rashid_G. · Jul 13, 2010

Quote from ES.Dreamer:

Using a daily downtrendline as exit to protect profits.

Last car 94 sold, +82.50

Flat on the trade.

Wish I could take credit on the play, I just piggybacked my mentor Anek, his call.

Good trading.

ESD

Precisely what I dream of.. Even if daytrading, try to swing as well.. OR, Swing mainly and daytrade only killer setups.. Great trade

Pekelo · Jul 13, 2010

Quote from ES.Dreamer:

Wish I could take credit on the play, I just piggybacked my mentor Anek, his call.

Was it in a room, from a post or what? I don't think he posts here anymore...

Also, did he explain, why he thought we would go up?