ES Journal Archive (2011)
- Thread starter Buy1Sell2
- Start date
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With the risk of overtrading, short @ 1323,50. Stop @ 1324,50.
Yes. Based on the fact that price were stalling at higher levels, but since I could not stay at the computer and believed in upside potential after lunch, I stayed with the trade
Not saying I might have done differently if I was with the computer.Price stalled. Covered @ 1324.
3 relatively small losers in a row. Will enjoy a cup of coffee before I enter any more trades tonight. Might be done.
I`m aware
I usually don`t suffer from this during the market open (which I seldom trade), but I tend to chase more than I should in the afternoons.
I guess my desire for profit disrupt my clarity of observation a little too much at times
Btw, I posted you a few questions earlier in the CL thread. Not sure if you saw them before you went on your little trip
Quote from wiesman02:
just a bit of advice, but you were getting in these moves too late.
I was short @1325.75. Shorting before the majority of the trend starts lets you manage the position better.
Just an FYI. I'm no guru, but I do ok
Yeah. I might have been chasing a little too much this afternoon.
My second trade where I reversed my loser before my stop was hit had a pretty nice entry, but my exit was flawed.
Since I only took 0,5 point loss on my last trade, it`s no biggie.
But yes, it should be avoided to begin with.
I just tend to press for more than there is on these slow range days. And that`s a recipe for disaster when trading the ES
S
30.5
orders at 31.5
and 32.5
stop is 34.5
Target is 27.5
Looking to enter longs between 25 - 27.5
Target will be 38
30.5
orders at 31.5
and 32.5
stop is 34.5
Target is 27.5
Looking to enter longs between 25 - 27.5
Target will be 38
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