ES Journal Archive (2011)

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Quote from Buy1Sell2:

Problem is that showing averaging trades is of no help to anyone here. What we would like to see is actual calls with actual stops. This is really the way that participants will benefit since it will be more real. These are the rules of the journal. If someone wants to average, that's fine. --Just asking that it not be posted. :)

So are you saying, "no scaling in." which is a common practice among traders?
 
Quote from Laissez Faire:

our own Eddiemorra claimed something to the effect of how he felt stupid shorting the ES :)


I did! but that when we were motoring up relentlessly!

Now i'd feel stupid going long, as we are crashing! haha

I guess i look at it all from a VERY simplistic point of view, lol!!
 
Quote from Buy1Sell2:

Problem is that showing averaging trades is of no help to anyone here. What we would like to see is actual calls with actual stops. This is really the way that participants will benefit since it will be more real. These are the rules of the journal. If someone wants to average, that's fine. --Just asking that it not be posted. :)
you are investing with a stop,averaging is how most market makers trade,its how goldie and jp trade,buffet,pretty much everyone who does it as a full time job,not a casual hobby,it's a popular form of trading ,shorting or getting long with big stops is a rudimentary way to trade,catching the gyrations between 1350 and 1150 is more profitable than the 200 pts from top to bottom,it aint easy ,but thats what the houses are doing,when you see the market rally or sell off for ten days they are buying or selling the whole move,averaging, stop believing that my way is the only way,i'm right and the rest of the world just doesn't get it...I..I...I..get rid of I
 
Quote from ammo:

you are investing with a stop,averaging is how most market makers trade,its how goldie and jp trade,buffet,pretty much everyone who does it as a full time job,not a casual hobby,it's a popular form of trading ,shorting or getting long with big stops is a rudimentary way to trade,catching the gyrations between 1350 and 1150 is more profitable than the 200 pts from top to bottom,it aint easy ,but thats what the houses are doing,when you see the market rally or sell off for ten days they are buying or selling the whole move,averaging, stop believing that my way is the only way,i'm right and the rest of the world just doesn't get it...I..I...I..get rid of I

I thought that the only reason the big boys average in is because they may way to make a 100,000 contract move and they dont want everyone to know it so they use an algorithm to get in piecemeal.
 
Quote from Buy1Sell2:

08-05-11 03:12 PM






Yes. my stops are less than 2 percent of TLNW. :)

Does that mean nobody else has TLNW that lets them have stops of 2%? Seems like you are very arrogant.
 
Quote from Eddiemorra:

current volatility is mad though!
I took +44 point yesterday in a matter of hours and another 20 odd today.
Could easily make OR LOSE another 20 points in a New York minute!
cRaZy times, LOL

Since you want to ignore my question about posting your completed order log showing us your fantastic trades I have to ask do you feel really sick not trading those calls with real money:eek: ?

I would.:mad:
 
Quote from Eddiemorra:

out here at 1181 for +20
hope it lets me back in short again soon *fingers crossed*

unbelieveable :eek:

Beginners luck or not, none of your trades gave you any heat at all. Maybe 4 points at most. And you took over +80 points from them 3 trades!!
Same again next week from you, please
 
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