ES Journal Archive (2011)

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You were right I was wrong. Good trade.


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08-11-11 11:58 AM

Quote from startraitor:

long to 1180+



71-89 are the highs of the last few days. So you are anticipating a breakout after this 50pt move?
 
Quote from marceck:

"Losers average losers"

Paul Tudor Jones.

Markets are tanking AH, anyone with long futures and no stops is going to get wiped out.
sell bull put spreads if you want to play the long side on a swing. But averaging down futures? Not a long term survival strategy. It works until it doesn't, and when it doesn't it ends a traders career.
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Best quotes so far this month. Looks like the long without playing stop is winning.
 
well I'm happy to see the potential recession is over.

Bernanke did it, he saved the world.

Well that was a quick 5-day recession, lol.
 
Quote from atticus:

Yes, a cool $45 net on $100k allocated. Look out Red Lobster....! EMG is bringing the ES monies!

Love you EMG.
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I love you too emg, but only if you bring me some of that lobster tail :)
 
Did anybody short in the last 20 - 30 minutes for a profit? LOL that would have got you only about +10 to +15 give or take - what chump change - LOL. Like I said the other day, "To the moon!" Good times are here again!"
 
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