Quote from jaytrader100:
nice job ...you were with me all the way.. I appreciate that..
We should start a traders Instant messge chat room.. in a ay that shows our biases for teh day .. IM is way faster than this posting
Jay,
Newbie day trader here.
I gotta tell ya, my day was negative thus far. I was down 1.5 ES points on the day. Not a big deal...I was shutting down my screens when I saw this thread.
You called for a rally, I said ok, didn't plan on doing anything but just watched. After you made that call, I think the ES dropped a whole lot, from 1243 all the way down to 1231.
So, i didn't just blindly buy when you called it, but figured you would assume some due dilligence on our part?
So, as I watched the market fall, this went into a deep buying setup I watch for. I bought the market at Normally, since it's the last trade of the day, I'd trail it tight after I got my 4.5 points out of it to net me my 3 point goal for the day, and it's after my trading time.
Since you made that call, no biggie, i let it run a little looser than usual. I wound up staying in from 1235.25 were i got my entry, held on all the way to 1243.00. And there was plenty more I left out there.
So, good call and thanks bud!!!! Otherwise I'd have been packing up my laptop and heading out of work.