ES Journal Archive (2011)

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Hi emg,

Are you doubling up now .... 200K per contract of 4 tics potential profit.

If so, do you think that this sufficient ... maybe 300k would be better
[/QUOTE]


what is the matter? you don't have $100K? Let me translate your standard emini sp 500 definition. $100K is $5K. If you don't have $100K, don't trade the es. leave it up to the professional traders. ES is no room for gamblers who have less than $50K or want to begin day trading es $5K. [/QUOTE]


Here is another example for jjf standard emini sp 500 definition. If i were to open a mcdonald franchise, can I do it with $5K or $50K investment to pay for the equipments, building, paperworks, etc etc etc?

A professional traders will treat their trading as running a business. A professional traders will pay themselves a set of monthly salary like an ordinary small business will do.

Lets get back to Mcdonald franchise, will $5k investment let me run mcdonald or become a franchise owner? The answer will be, only a gambler will agree.

I am 99.9% sure that jjf is part of more than 90% of small traders lose. Sucks isnt it
 
My, my, are we already back at 1262? That V reversal didn't even take an hour...
:cool:

Obligatory:

s1516h.png


We undershot the 3rd bottom target by 3 pts, emg had it right...
 
Quote from Pekelo:

My, my, are we already back at 1262? That V reversal didn't even take an hour...
:cool:

mini crash based on the action, big fund leaving, news hard to say.... but as usual when the last seller has sold the mkt reverses, look at eurjpy today.
 
Quote from emg:

Hi emg,

Are you doubling up now .... 200K per contract of 4 tics potential profit.

If so, do you think that this sufficient ... maybe 300k would be better



what is the matter? you don't have $100K? Let me translate your standard emini sp 500 definition. $100K is $5K. If you don't have $100K, don't trade the es. leave it up to the professional traders. ES is no room for gamblers who have less than $50K or want to begin day trading es $5K. [/QUOTE]


Here is another example for jjf standard emini sp 500 definition. If i were to open a mcdonald franchise, can I do it with $5K or $50K investment to pay for the equipments, building, paperworks, etc etc etc?

A professional traders will treat their trading as running a business. A professional traders will pay themselves a set of monthly salary like an ordinary small business will do.

Lets get back to Mcdonald franchise, will $5k investment let me run mcdonald or become a franchise owner? The answer will be, only a gambler will agree.

I am 99.9% sure that jjf is part of more than 90% of small traders lose. Sucks isnt it
[/QUOTE]no squabbles.just es
 
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