ES Journal Archive (2011)

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Quote from Laissez Faire:

Greed got the best of me.

I just sold 1188. Stop is @ 1191,50. Betting on 1180.

Might be too close of a trail, but I entered my stop @ B/E. Gonna get something to eat now, so we`ll see how it turns out. Not surprised if I`m stopped.

On the other hand, we should not go higher again if lower from here.
 

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Quote from Laissez Faire:

Might be too close of a trail, but I entered my stop @ B/E. Gonna get something to eat now, so we`ll see how it turns out. Not surprised if I`m stopped.

On the other hand, we should not go higher again if lower from here.

Flat at B/E and done for the day :)
 
Quote from klinckphilip:

Long 87.75

Stop - 80.75

Jumped in too early. Sometimes that gets me a couple extra points, sometimes few less, and sometimes a bad read ending in stop-out. I think this time I am shooting for 95 or so.
 
Quote from Laissez Faire:

Yeah, I got smacked today.

And the reason I like to take small losses is that one can always get back in at a lower price and make a killing on the next trade. That`s harder when using wide stops. At least when they`re hit :)

Why do you chase price ?


Buy low

Sell high


rinse

repeat


And never chase a long with a gap below or a short with a gap above
 
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