ES Journal Archive (2011)

Status
Not open for further replies.
Quote from JSHINV:

Did anybody short in the last 20 - 30 minutes for a profit? LOL that would have got you only about +10 to +15 give or take - what chump change - LOL. Like I said the other day, "To the moon!" Good times are here again!"
More...

And the funny thing is we are still at about where we were when we opened on Monday. Got to admit, I love this volatility.
 
Quote from atticus:

Yes, a cool $45 net on $100k allocated. Look out Red Lobster....! EMG is bringing the ES monies!

Love you EMG.
More...

Not unless emg has made a withdrawl from the piggy bank. Once said there was ,wait for it, $800000 balance in the account.

From what I have read about emg he is FOS.

Maybe he has decided to fund the taliban with the profits:mad:
 
Quote from emg:

Best quotes so far this month. Looks like the long without playing stop is winning.
More...

That's not trading, it's investing. Why would anyone want to read about some guy averaging down every 25 or 50 points until the market "bottoms"? There is no information there, and zero skill. A ten year old can do that. There is nothing to learn there except how to blow up an account. There are a few guys that blew their brains out in the oil pits back in 2008 doing the kind of nonsense "traders" are doing here.
 
This forum will be better served to enforce a max 4 point stop allowance for trades to be posted (2 points when vol is low). Then we will find out who knows their stuff and they might have something to teach newbies.
 
Quote from marceck:

This forum will be better served to enforce a max 4 point stop allowance for trades to be posted (2 points when vol is low). Then we will find out who knows their stuff and they might have something to teach newbies.
More...

This is not a challenge and certainly not an attack. I am really interested to know. When you are using 2 point stops in a low vol enviroment, what chart time frames are you using: 1 minute, 5 minute, 15 minute, # of ticks or something in between or greater?
 
Quote from marceck:

This forum will be better served to enforce a max 4 point stop allowance for trades to be posted (2 points when vol is low). Then we will find out who knows their stuff and they might have something to teach newbies.
More...

I don't want to sound too negative, there are some excellent traders on this forum. But I always worry about the new trader with your average 10k account that comes here and reads some of these "victories" made with complete lack of discipline. That trader will be wiped out in a few days believing the game is that easy.
 
Quote from JSHINV:

This is not a challenge and certainly not an attack. I am really interested to know. When you are using 2 point stops in a low vol enviroment, what chart time frames are you using: 1 minute, 5 minute, 15 minute, # of ticks or something in between or greater?
More...

1 mn chart in this market, simply waiting for double tops in a downtrend (or bottoms in up) or higher highs, higher lows, with a 10 period RSI divergence and Cumulative Delta to back up. Average hold time just a few minutes. There were tons of set ups like this, but you had to be glued all day to the screen. I won't claim it was easy, but I tried not to get bothered by the rips I missed and focused on capital preservation.
 
Quote from marceck:

1 mn chart in this market, simply waiting for double tops in a downtrend (or bottoms in up) or higher highs, higher lows, with a 10 period RSI divergence and Cumulative Delta to back up. Average hold time just a few minutes. There were tons of set ups like this, but you had to be glued all day to the screen. I won't claim it was easy, but I tried not to get bothered by the rips I missed and focused on capital preservation.
More...

Got it. Thanks.
 
Status
Not open for further replies.
Back
Top