Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
Hello I hope this thread is still active. J_smith, do you offer any coaching? I have read a great deal of your posts. Where can I learn your method?
Well, it is now!
How old are you.
How long trading.
What broker / markets.
How much $$ can you afford to lose - take the money as gone!
What is your main objective????
J_S
J_S, I noticed that you exited the NQ position at 16:47:16 and the ES position at 16:55:03 (8 minutes later). Is there not a chance that after exiting NQ at 16:47:16 that the ES price might go up to above your average ES price of 2058 instead of down? During those 8 minutes it would not be a spread position but a 50:50 gamble?
Yes CN, that is correct - risk taken on as I looked at the chart and put in my limit orders - if ES rallied I would have had to cover at 1 point loss, but I was lucky
I actuly moved my limit order on ES trade up 2 ticks when I saw price stabilizing a bit - better be safe than sorry!
Just observing P&L on mobile while gardening, I could see some nice opps if sitting at PC with a few screens - must look into it when a bit more time.
J_S
Yes CN, that is correct - risk taken on as I looked at the chart and put in my limit orders - if ES rallied I would have had to cover at 1 point loss, but I was lucky
I actuly moved my limit order on ES trade up 2 ticks when I saw price stabilizing a bit - better be safe than sorry!
Just observing P&L on mobile while gardening, I could see some nice opps if sitting at PC with a few screens - must look into it when a bit more time.
J_S
Well trading is gambling.. it's good that you were lucky