Adventures in Trading with a Killer

Stopped out. Loss = $130 per contract.

 

Stp out -11

 

SEll, ES 56, stp 58

 

Out at 51, +5

 

Sell 50,51, 52, 53. stop 55?.

 

out at 49, rest cancelled. +1

 

Sell 52, 53. stop 55?.

 

out at 50.50 rest cancelled. +1.5

 

Would be nice if we had news to work with. Nice to have a driver for lower or higher prices.

Instead we are working with the B-Bands on the 30mn. We are outside of the lower range band and chances for bigger bounces are riskier for close stops on a short.

 

I missed on that one, i had 53, 54 ready. No Bourbon and no cigar,