ES Journal Archive (2011)
- Thread starter Buy1Sell2
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Price stalling here.
Out @ 1328.
Test of daily lows and even a gap fill is likely by the end of the day, so I might re-enter.
Baby steps.
Short @ 1327. Stop @ 1328,50. Limit order placed @ 1324.
Now, I should turn off my screens or go someplace else while someone fills that gap
Short @ 1327. Stop @ 1328,50. Limit order placed @ 1324.
Now, I should turn off my screens or go someplace else while someone fills that gap
Setting the stage to 21 after the retrace
out 3/4 at 1324.5
bidding 21.25 for rest
Quote from Laissez Faire:
Baby steps.
Short @ 1327. Stop @ 1328,50. Limit order placed @ 1324.
Now, I should turn off my screens or go someplace else while someone fills that gap
How could I leave this action?
We`ll see if that was a mistake or not, since I just covered @ 1325. The gap was after all partially filled, so the bottom might be in for today.
On my wall, I`ve written the following note: "Don`t be greedy! Capture the moves in between. Don`t try and squeeze out the last tick of every trade."
There`s also a quote by Paul Tudor Jones about not getting over confident after a winning trade. I may not be over confident right now, but God, I feel great. I really needed one day of excellent trading. Way overdue.
It`s funny, because I don`t care about the money that just flowed into my account. I just needed to see that I could do it. That my analysis worked. I definitely regained some of my lost confidence today.
I know you should not pray to God and be hoping in trading, but I do it anyway (in addition to analysis), and today, finally he heard my prayers
Have a great weekend y`all! Hopefully, next week I`ll do better than slightly above breakeven.
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