Exit ES at 1027, +2 (couldn't resist the quick profit)
Shorted ES at 1029. Stop loss set at 1033, profit target +6
Stopped out at 1021, -4.5. Ouch!
Short ESZ3 1016.5
I think it's because trading doesn't actually provide any goods or service. That's the same reason most people don't respect gamblers, successful...
Thanks for the response, Kap. Just to clarify: do you mean 1(risk):1.3(reward) or 1(reward):1.3(risk)? Sorry I have trouble to remember which way...
The same for me. I often have trouble to open TWS in Saturdays - I guess they might be using weekends to do maintenance.
Interesting article indeed. Thanks Mark. Two questions are in order: 1. For those of you who prefer trading YM over ES, is it really because...
Damir, when you entered this long position at around 10am, the market was at the bottom and all indicators looked very bearish, could you tell us...
"Reevaluate the trade" is very good advice. I'll try that. Thanks, TMTrader. I'm learning from you guys.
Thanks Damir. What you said is very helpful. It's also somehow comforting to know a good trader like you often starts of in the red. Do you use...
Hi random trader, you mentioned at the begining of this thread you are using your IB IRA account to trade ES. Does IB allow short sell futures in...
Congrats, guys. When a losing position turns to positive, don't you have the tendency to cover it right way? What can help resisting that urge?...
Covered at 1017.75
Wait for either my stop loss 1022 to get hit, or to close the trade at 3:45.
just shorted ES(Z) at 1018
Doesn't seem to be a good time for a long position - TRIN and VIX are both very very bearish
Oh well. No trade. ES did not reach this resistance area before going down again. TMTrader's calculation is better than mine. xje
I'll go short when ES is in the 1020.5-1021.5 area.
What's your stop loss when you entered this trade? Thanks, xje
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