ES Journal Archive (2009 - 2010)

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Lol what happened to all the bears on here yesterday? If people concentrated on the long side instead of the short side like airways they'd make 10 times as much.
 
Brandon, if you went long 10 years ago you are negative.
Can you explain me why is trading from long side more profitable, please?

It is necessary trade from both sides. I can not imagine anybody sucessfull daytrading just from one side.
 
Quote from emg:

plan on going long 1187.75

Interesting.
That means that 1187.75 is pretty much a certainty from following your posts.
Why not just go long here at 1179 for 8.75 points of profit when it gets there?
 
Quote from i_c_fed_people:

Interesting.
That means that 1187.75 is pretty much a certainty from following your posts.
Why not just go long here at 1179 for 8.75 points of profit when it gets there?

Because it is more fun to target 1 point without a stop loss.


:D
 
Quote from i_c_fed_people:

Interesting.
That means that 1187.75 is pretty much a certainty from following your posts.
Why not just go long here at 1179 for 8.75 points of profit when it gets there?

It doesn't work like that. We may get there <i>or not</i>; his theory is that <u>if</u> we do, we will pull back one point.

Edit: hey, Vol, you have to admit that's way more exciting! :D

Edit 2: holy cow, Pholeun! You're right, we're taking Emg's strategy for granted! :D
 
Quote from Picaso:

It doesn't work like that. We may get there <i>or not</i>; his theory is that if we do, we will pull back one point.

Edit: hey, Vol, you have to admit that's way more exciting! :D

I see, although i've seen lots of his posts and he has an uncanny ability to call the market, even though he seems to play it really badly.
It very very often goes to his limit order.
 
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