ES Short signal tonight 12/05

Quote from TradEStar:

Good..I love that! :D

First target for primary position at 1493.00 .. stop at 1497.00 .

Once target is hit I will move stop to b/e.
More...

That is not a 1 tick stop. Funny how after the fact you waive the 1 tick around. Your risk/reward is based on where you set the stop when you entered the trade as that is the max you can lose. Whether it moved 1 tick or 7 ticks does not matter cause your stop was still there.
 
Quote from optioncoach:

That is not a 1 tick stop. Funny how after the fact you waive the 1 tick around. Your risk/reward is based on where you set the stop when you entered the trade as that is the max you can lose. Whether it moved 1 tick or 7 ticks does not matter cause your stop was still there.
More...
Yes that is very obvious..what I am showing though is how ridiculous it is to say buying 1495.00 at that time was at all a proper entry point for a Long ES trade. The proper Long ES trade was the next morning just before the open when the ES was trading the 1483's.
 
Quote from TradEStar:

Yes that is very obvious..what I am showing though is how ridiculous it is to say buying 1495.00 at that time was at all a proper entry point for a Long ES trade. The proper Long ES trade was the next morning just before the open when the ES was trading the 1483's.
More...
LOL, thanks for telling us the proper way to trade ... now where did I place my salad fork? :p

JJ2

P.S. $49.95 for the double-secret ATM, whaddya say? :D
 
You must log in or register to reply here.
Back
Top