How you made 25k today in gawdawful ES is beyond me. It only had about a 12-point range today during RTH. You had to be moving some pretty good size for that kind of a scoop. I imagine you played it in and out, and not all of it was profitable. (How could it be? It's ES.) However, just for context, to make that kind of money today in ES, you'd have to have carried about 40 contracts for the entire range.Quote from schizo:
Now, ask anyone on this board who I am and they will tell ya I'm one incurable permabear. So when I make money from the long side, it makes it all the more special. Today happens to be one of those rare occurrences.
Quote from Gabfly1:
How you made 25k today in gawdawful ES is beyond me. It only had about a 12-point range today during RTH. You had to be moving some pretty good size for that kind of a scoop. I imagine you played it in and out, and not all of it was profitable. (How could it be? It's ES.) However, just for context, to make that kind of money today in ES, you'd have to have carried about 40 contracts for the entire range.
Quote from schizo:
Gabfly, if my memory serves me correct, you should already know how I trade since you and I have hung out together in the CL Redux thread. Anyway, if you want to know how I traded ES today, I welcome you to check out my realtime trades posted in the ES Journal thread. Moreover, if you would like to learn about my "philosophy of flipping", I recommend that you look into my previous incarnation (aka "saliva").
On a serious note, I've been pretty lucky lately. I just happened to nail the market direction for the last few days, which was also mentioned in the ES Journal.