S/R Emini Journal

[volente_00]

Quote from TGM:

Bro is this your your new thread? How have you liked the move from the YM?


U trading 1k lots yet??

This is Gary's thread.
Best thing I ever did.
Still stuck on 40.

 

[Patricio]

Quote from LondonUSTrader:

Today was a good learning lesson for us all.

Here is what I believe.

If your systems produced ANY long signals today you will have problems in the long term trading the ES consistently. In which case you need to go back and rethink your approach.

The trend was very clearly down all day. My system produced ONLY short signals, not even close to a long signal.

It depends on how you trade, if you have large stops on long time frames, I agree you would only see a down trend . But if you are looking at small stops and small time frames you will see both long and short entries, which may or may not be a valid 1 - 2 point scalp. I actually use a 1 min and a 5 min time frame. Not all days trend all day like today, in fact very few days go straight down or straight up. I am not disagreeing with you but I am pointing out there is more than one way to skin a cat and not everyone here trades the same way.

 

[volente_00]

Quote from Patricio:

but I am pointing out there is more than one way to skin a cat and not everyone here trades the same way.

But it is far easier to skin a dead cat than a live one !

 

[TGM]

Quote from volente_00:

Anyone trading Dec since roll over is near ?

For 11 years I have never rolled stock indexes until the roll day. Very shotty unless you plan on position trading and holding it for a while.

 

[TGM]

Quote from volente_00:

This is Gary's thread.
Best thing I ever did.
Still stuck on 40.

I am glad to hear it. The ES is moving as good as I have seen in a long time. This summer has been great. Every since they took the lid off and expanded the order protocal it has been a good daytrading. Sooner or later it will be all you can eat and the deck will look bigger than the BOBL. 3k on each level or more and it will be even better. It is no longer bifucated.

 

[Spooz Top]

Quote from TGM:

I am glad to hear it. The ES is moving as good as I have seen in a long time. This summer has been great. Every since they took the lid off and expanded the order protocal it has been a good daytrading. Sooner or later it will be all you can eat and the deck will look bigger than the BOBL. 3k on each level or more and it will be even better. It is no longer bifucated.

tgm....could you do me a favor & break that down for me layman`s terms on what exactly that means & why would it benefit the daytrader.........................................tia....steve

 

[princessa]

Quote from 4re:

A cowboy doesn't care what color you are he just wants to know how many of cattle you are running and how much land you have. Pretty simple folk.

i like that....

 

[princessa]

Quote from volente_00:

Bounce wit me, bounce wit me
Can ya can ya can ya bounce wit me, bounce wit me
Ya-yah-yah, ya-ya-yah-yeah bounce wit me, bounce wit me
Ge-gi, ge-gi-gi-gi-geyeah bounce wit me, bounce wit me
Get it!

i used to like that song until i saw the uncut lyrics....

 

[volente_00]

Quote from princessa:

i used to like that song until i saw the uncut lyrics....

And why do they offend you ?

 

[princessa]

Quote from volente_00:

All in at 1307.

40 total contracts.

Show me what you have bears.

wow. gutsy move, vo....