ES Journal Archive (2011)

[Trvlwanderer]

Quote from gmst:

Thanks Josh and Trvlwanderer....I have lost way too much money trading ES....every win is a step forward

focus. you'll do fine.

 

[Builder17]

Quote from Builder17:

long 26
stop 24
target 29

stopped 26.75

 

[ammo]

sh 27 bid 22.5...edi t 23.5 add 28.25

 

[satchel]

Quote from satchel:

stopped on my 2nd half. pfffft. 1227 L order on touch.

swing for the fences ES, any fence will do, 1241 is a good start.

 

[JoshDance]

Quote from iloveoptions:

That's funny man. I mean every trade that's placed can have "probably lots more risk attached" to it as you say

What I meant is that your stop, to survive in this case, would need to be higher than 50 -- you would have needed to risk MORE than 16 points in all likelihood, to stay in. You look in hindsight and see that you only needed to risk 16, but what if it had gone to 1260 last night, or 1270...? Would you still be sorry about getting out at 40? That's the challenge with the whole methodology, namely, when do you say "I'm wrong, I'm out"? You're a great trader, no doubt better than I am, and no one here is trying to be a guru I think, it just struck me as odd that you commented what you did.

 

[macho grande]

anything under 25 now is a gift imo

 

[Lawrence Chan]

Quote from satchel:

swing for the fences ES, any fence will do, 1241 is a good start.

As long as 20 hold by close today, we get 60 and above before Christmas.

 

[JoshDance]

short 28.25 stop 29

 

[macho grande]

Quote from JoshDance:

short 28.25 stop 29

i like this trade

hang in there till you here a big flush

 

[ammo]

spy