ES Journal Archive (2011)

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Quote from JSSPMK:

TY!

That depends, there are some choices. I can pull a plug on all 3 entries at once or I can close out lowest entry first to reduce risk. I don't normally do this nowadays, but I am lured by NDX 2,256 & divergences in indexes & TICK's TRIX & MACD. I might consider going Long YM at the same time.
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I trade in opposite directions quite often. I might be long ES in in my swing account, and scalp short another instrument if the setup looks good in another account.
 
Quote from gkramer:

I trade in opposite directions quite often. I might be long ES in in my swing account, and scalp short another instrument if the setup looks good in another account.
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When you do this in different accounts, does having the accounts at different brokers provide an extra edge?. I can see the myriad possibilities now.

Thanks gkramer!.
 
Quote from Pekelo:

Emg Inverse trade:

Short 1265
SL 3 pts
Target 1250

Price jumped right at the time of posting, so I went with the median 1265 as entry. Let's see how it goes...

Edit: ET's clock as usual is out of sync (3 mins late), so we have to adjust and the entry would be 1264ish
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This first 'trade' got rolled at +3 stop....

NiN
 
Quote from eudaemon:

When you do this in different accounts, does having the accounts at different brokers provide an extra edge?. I can see the myriad possibilities now.

Thanks gkramer!.
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I use the same broker for both.
 
I will do the summary at the day's end. So let's see so far in January:

EMG : 4 signals, no trades, BA 0.625%, P/L 0 pt

BA is batting average, when the market moves in his way even if no fill.

As I mentioned earlier, his BA is getting down to 50% since the summer when he was batting 80+ %. .625 is 5/8, 2 good, 1 bad and 1 so-so.

EMGi: 4 trades, W/L/BE: 1/2/1, P/L: -0.5 pt

The 2 times when the positioned moved 1.5-2 pts in favour, I didn't take profits, because I don't want to mess with the target, when it is only a few pts away.Try to keep it simple, unless it moves deep in the money...

After 4 signals, we are almost even. Here is my expectation/guess:

1. If he keeps the BA high with a decent fill average, the inverse system will outperform him by 3-5 times.
2. If BA is around 50% but still decent fills, the inverse system still makes 100% more than him.
3. If the BA gets low and no fills like until now, then the inverse will underperform, but it will also show that his system is pretty much unprofitable/very low return.
 
Been checking so much stuff, everything points to something about to take place. Not sure about stocks, but it looks like USD is about to advance, whatever the reason/s may be. TICK, VIX, TRIN, Eurodollar, EUR, GBP, YEN - all at turning points... SIFs at or hovering near previous breakdown zones.
 
Quote from Pekelo:

I will do the summary at the day's end. So let's see so far in January:

EMG : 4 signals, no trades, BA 0.625%, P/L 0 pt

BA is batting average, when the market moves in his way even if no fill.

As I mentioned earlier, his BA is getting down to 50% since the summer when he was batting 80+ %. .625 is 5/8, 2 good, 1 bad and 1 so-so.

EMGi: 4 trades, W/L/BE: 1/2/1, P/L: -0.5 pt

The 2 times when the positioned moved 1.5-2 pts in favour, I didn't take profits, because I don't want to mess with the target, when it is only a few pts away.Try to keep it simple, unless it moves deep in the money...

After 4 signals, we are almost even. Here is my expectation/guess:

1. If he keeps the BA high with a decent fill average, the inverse system will outperform him by 3-5 times.
2. If BA is around 50% but still decent fills, the inverse system still makes 100% more than him.
3. If the BA gets low and no fills like until now, then the inverse will underperform, but it will also show that his system is pretty much unprofitable/very low return.
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He only had 3 very good signals.

Just a note, you are wasting your time criticizing emg. the more you criticize him, you are embarrassing yourself as a fool.
 
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