I made fun of you because I didn't know if you were joking with us or not. Now that I see you did indeed take a big loss, my sympathies.
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I am being SQUEEZED!!!! by the ES
- Thread starter saxon22
- Start date
Quote from saxon22:
yes - my pride. Let just say I got clipped. Lesson learned and so far not forgotten. I lost enough to have a heart attack and my scheduled time off was not as relaxing as I wanted it to be. I am still in the game but my jaw still hurts.
http://www.youtube.com/watch?v=VnmnTTL462k
Early November was hairy and I got clipped a bit. Sandy did not help matters as I as got distracted a little bit ( I reside in NY) and there was too much drama around to make concentration and execution of trades feasable. Also, I lost my internet connection for about a week and traded a couple of times from my local McDonalds and a then after realizing that there are more pleasant places to do so - from a book store. This was not a good idea. I should have volunteered instead of hackig away at my laptop.
As of right now, I am itching to short the ES at around 1420 and drop another 5 contracts at 1425 - 30 range. I am afraid that all that end of the year window dressing will make things look rosy and big money will keep the market climbing. JAnuary however should bring us down a bit perhaps 1400 short term perhaps more. Who knows. As for now I am going for small profits (2 points - i dump half and the rest I let it ride, usually once the second half reaches 5 points I dump all but 1 contract and I let go till eod).
Let's hope that this year I will stay the course and not de rail myself.
As of right now, I am itching to short the ES at around 1420 and drop another 5 contracts at 1425 - 30 range. I am afraid that all that end of the year window dressing will make things look rosy and big money will keep the market climbing. JAnuary however should bring us down a bit perhaps 1400 short term perhaps more. Who knows. As for now I am going for small profits (2 points - i dump half and the rest I let it ride, usually once the second half reaches 5 points I dump all but 1 contract and I let go till eod).
Let's hope that this year I will stay the course and not de rail myself.