running money - 35% a year

Current thoughts.

1 Its scary up here naked long.
I'm feeling heat, like market can drop.

2. I should re-hedge on the short side.

3. I'm also confident about the position though, its a solid one, But when market drops, confidence goes out the window.

4. When market moves to lets say 1207 , I would like to rehedge ES contracts.

5. Value is better here, but on the probability level, its a bullish week.

6. Pattern must complete for the stock, 4 relatively up days, COMPLETE


So we can get out of the market .
 
1/2 Short hedge ES 1206.75
purely hedge, I don't want this market to fall.

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2 hours till market open
price prediction
poly -> rocket up if market stays flat (green) or UP
b. doesn't break yesterdays low (hopefully)
c. hits 33.90
 
Add 1/4th Short ES
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Total 3/4th Short ES.


Yes I be scared :D, hopefully the market goes up. If stock goes up , I want to add 1/3rd more.
 
God looked at me and laughed.
Luckily god was still on my side,
so I be hedged short ES + with stocks that didn't move. yea!


Trust me , I be scared shitless :D Wheres my Passion of christ movie, I must pray to it and run outside and buy a small buddha statue.


pray pray!
 
This is my edge:

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market about to do a reversal hopefully, really
in about 30 minutes
well its already started, hopefully it continues.

-> I lowered/removed 1/7th of my position today (part of the add today)
 
today adds new experience to my toolbox
heres what I could have done better:

a. Don't be greedy during uncertain times, stay safe and be balanced + a little more on the bias days.
b. when market starts dropping to 1% and theres no support, lighten up a bit.

What I did right:

a. I did watch the ES market this morning, and the price pattern was bearish . Good job.
b. Kept it relatively balanced. Good.
c. Chose the right stocks. Good.

Trading right = Is relatively low risk trading.

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* I completely removed the add I did earlier today on 32.02
on 31.85


* time for the market to go up. lets get going.

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to the market gods
 
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