ES Journal Archive (2011)

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Quote from Laissez Faire:

No follow through. Too risky. Cover @ 1323,50.

Why did you pay three commissions to capture 2.5 pts when your initial entry and target gave you 3 pts with one commission?

I know I sound snotty with this post, but when you put on a trade with a target and there's no reason to exit the trade, why not hold for your target (or better)?

XXXOOO

:)
 
Quote from tomahawk:

Interesting. At the time you posted your target of 15.25 it was the 38% from yesterday's low 1300.25


My target was arrived from betting on a gap fill which did not materialize.
 
Quote from NoDoji:

Why did you pay three commissions to capture 2.5 pts when your initial entry and target gave you 3 pts with one commission?

I know I sound snotty with this post, but when you put on a trade with a target and there's no reason to exit the trade, why not hold for your target (or better)?

XXXOOO

:)

Patience takes time to master.

Because it feels good to ring the register.
This is why I advocate scaling out to satisfy instant gratification while leaving some on to run if you are correct about the trade.
 
Quote from Laissez Faire:

A gap fill today is a stretch, no?

Starting the day with a gap fill today @ 1315? Might be a nice long entry if support holds.

At least that's what I would be anticipating and potentially trading if I did not write this from my smart phone on a construction site =)

Good trading you all.
 
Quote from pauk:

dipping here - could be a long opportunity?
edit: long:-1325

thinking the Tday players can push this upto the 1330's as im still in this trade from yesterday.
Quiet in here again. Only ever busy in here when we have a big drop once per month or so lol
What about you fedpeople? you chasing it long here?
 
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