ES Journal Archive (2011)

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Quote from JoshDance:

this makes me laugh every time i read it! I joined the snowball but only for 5 points :)

ha, hell is freezing over at this very minute to prepare for snowball arrival at gate 1199.
 
Quote from GordonTheGekko:

Quote from GordonTheGekko:

Covered some 49.58...
Covered rest 48.68... buying 48.68 (w. tight stop!) [/B][/QUOTE]I'm going to try to sell at the top of one of these quick-popup candle sticks
 
when you're short and it keeps hitting 48 and bouncing up, over and over and over, doesn't it just drive you bonkers? Well, for someone like me it does. Just wish you could push it over the ledge. Just want it to break so bad, but can't do a damned thing about it.. that's what makes trading hard IMO :)

What's even tougher to watch is, for example, when you want a level to break (say, down), and you see that level go bid, and it sits there for a few seconds, but no one will sell it, and then pops back up. Very hard to watch that.
 
Quote from JoshDance:

when you're short and it keeps hitting 48 and bouncing up, over and over and over, doesn't it just drive you bonkers? Well, for someone like me it does. Just wish you could push it over the ledge. Just want it to break so bad, but can't do a damned thing about it.. that's what makes trading hard IMO :)

yep :D

for me i hate giving back more than i hate losing from the getgo, that's my personality flaw
 
Quote from JoshDance:

when you're short and it keeps hitting 48 and bouncing up, over and over and over, doesn't it just drive you bonkers? Well, for someone like me it does. Just wish you could push it over the ledge. Just want it to break so bad, but can't do a damned thing about it.. that's what makes trading hard IMO :)

yes i was thnking the same thing, the solace being everytime its going up, sellers are coming in and pushing it back down...so it seems like your direction is correct . just have patience my friend.
 
Quote from JoshDance:

when you're short and it keeps hitting 48 and bouncing up, over and over and over, doesn't it just drive you bonkers? Well, for someone like me it does. Just wish you could push it over the ledge. Just want it to break so bad, but can't do a damned thing about it.. that's what makes trading hard IMO :)
YEs...doesn't help either that the volume is like CNBC ratings at 11p on Friday
 
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