Anyone take the round number buy?(4400 ES)

Discussion in 'Trading' started by tango29, May 9, 2022.

  1. tango29

    tango29

    Usually when it is driving down or up like today I still hit the round number trade. I would add or subtract a point for the entry figuring on a quick blow through, and then bounce.
    Today I passed, I think I am getting old and too conservative. Didn't even try a couple micros. Geez, lame!
    Damn thing went for a 11 point bounce, crap!
     
    murray t turtle likes this.
  2. %%
    Something like that\
    $400 area on SPY exits 2, 3x ETFs. I'm getting mature+ somewhat conservative.
    They name SPY ''the liquidity leader'' LOL\ it is. IF its @ the bottom of 4 hour chart+ drifting up, that's an average =liquidity leader, on much data.
    I do some preplanned orders+ some modified trend following; figure much worse fills, than planned orders/sometimes a bit more profit on trend following .EVEN more so on SQQQ:caution::caution:
     
  3. SunTrader

    SunTrader

    4400?

    Do ya mean 4000?
     
    murray t turtle and M.W. like this.
  4. M.W.

    M.W.

    Lol, you mean the 4000 round number? You seem to be weeks behind....

     
  5. tango29

    tango29

    Yeah, 4000, I'm really not all together today. I probably would have taken it all off around the 10 pt profit point, but dang it went further.
    Actually, I know I did take the trade at the 4400 mark and on down.