ES Trend Following

[Bombardier]

I pulled my stop up to 1351.75. Currently sitting on $2,000 unrealized gains which is a very handsome reward for two days and one click of a mouse button.

mastacoli71, do you still have your stop at that trough?

 

[mastacoli71]

Quote from Bombardier:

I pulled my stop up to 1351.75. Currently sitting on $2,000 unrealized gains which is a very handsome reward for two days and one click of a mouse button.

mastacoli71, do you still have your stop at that trough?

beautiful trade bomb. yes, i am below the 52.75 level. quite far from closing price so there has got to be more efficient way of stopping out.

good luck with the trade.

 

[mastacoli71]

Quote from mastacoli71:

beautiful trade bomb. yes, i am below the 52.75 level. quite far from closing price so there has got to be more efficient way of stopping out.

good luck with the trade.

below 75.75 now

 

[Bombardier]

Shorted @ 1369.25, Stop @ 1384.00

Whatever news was announced, the market swung up and reversed massively. I recognize it as a serious threat and reversed short at this point. At least I could secure some 30 points from the previous trade.

Total profit since beginning: $16,862.50

 

[Daal]

Quote from Bombardier:

Shorted @ 1369.25, Stop @ 1384.00

Whatever news was announced, the market swung up and reversed massively. I recognize it as a serious threat and reversed short at this point. At least I could secure some 30 points from the previous trade.

Total profit since beginning: $16,862.50

Are these mental or physical stops?

 

[gmst]

Quote from Bombardier:

Shorted @ 1369.25, Stop @ 1384.00

Whatever news was announced, the market swung up and reversed massively. I recognize it as a serious threat and reversed short at this point. At least I could secure some 30 points from the previous trade.

Total profit since beginning: $16,862.50

nice switch it seems. Market has potential to go down 20 points here at least.

 

[Bombardier]

Quote from Daal:

Are these mental or physical stops?

Always physical stops placed in the market. For both the protective and the trailed stop.

 

[Bombardier]

Quote from gmst:

nice switch it seems. Market has potential to go down 20 points here at least.

Hopefully more! Momentum is very strong to the downside.

 

[Laissez Faire]

You continue to inspire, Bombardier. Excellent performance!

Are you still trading only one contract? Do you have a plan for scaling up eventually? Did you test your strategy on other markets as well?

Keep up the good work.

 

[mastacoli71]

Quote from Bombardier:

Shorted @ 1369.25, Stop @ 1384.00

Whatever news was announced, the market swung up and reversed massively. I recognize it as a serious threat and reversed short at this point. At least I could secure some 30 points from the previous trade.

Total profit since beginning: $16,862.50

nicely done bomb