ES Journal Archive (2011)

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lol Gordon ... well, I'm flat right now so I have no emotional skin in the game but I know how it feels. As I mature as a trader I'm trying to let that emotional anxiety go when in a trade. Ideally we have none to begin with when we take the trade, but that takes some working to get there.
 
Quote from GordonTheGekko:

Covered rest 48.68... buying 48.68 (w. tight stop!)
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Sold it 50.18 [/QUOTE] gord ,why the odd numbers are using spx as your guage to buy/sell
 
Quote from JoshDance:

when you're short and it keeps hitting 48 and bouncing up, over and over and over, doesn't it just drive you bonkers? Well, for someone like me it does. Just wish you could push it over the ledge. Just want it to break so bad, but can't do a damned thing about it.. that's what makes trading hard IMO :)

What's even tougher to watch is, for example, when you want a level to break (say, down), and you see that level go bid, and it sits there for a few seconds, but no one will sell it, and then pops back up. Very hard to watch that.
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Not my game, but if you are nimble enough you could just keep scalping it for a point.
 
Quote from Visaria:

Not my game, but if you are nimble enough you could just keep scalping it for a point.
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I'm definitely not nimble enough.. though at this time of day it's pretty much the only way to really make money.. 2.5 hour range of 5 points
 
Timb-eeeerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr. Open the damn doors.



Dave Bowman: Open the pod bay doors, HAL.
HAL: I'm sorry, Dave. I'm afraid I can't do that.
Dave Bowman: What's the problem?
HAL: I think you know what the problem is just as well as I do.
Dave Bowman: What are you talking about, HAL?
HAL: This mission is too important for me to allow you to jeopardize it.
Dave Bowman: I don't know what you're talking about, HAL.
 
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