end of day swing trading(ES)

Discussion in 'Journals' started by eyedy, Nov 4, 2016.

  1. Gotcha

    Gotcha

    I actually don't see it this way to be honest. He is swing trading, and using stops that are easily 10's of points, so a big account is I think necessary. If he is going to use a 40 point stop lets say, this would be $2000, so this would represent 1% of his account. This is of course very conservative, but if anything, it shows how being well capitalized is extremely important.
     
    #91     Dec 2, 2016
  2. algofy

    algofy

    It's the "ES per 200k" stuff that comes across as either really arrogant or fake.
     
    #92     Dec 2, 2016
  3. eyedy

    eyedy

    are you fucking kidding me?

    Why do you always make it clear you are a pathetic loser?

    Just get lost.
     
    #93     Dec 2, 2016
  4. eyedy

    eyedy

    You said I have a simulated account, and now you think I am arrogant?
    so fucking dumb, I don't even understand your pathetic tiny brain.

    Fucking, why do I even bother posting here?
     
    #94     Dec 2, 2016
  5. eyedy

    eyedy

    fake?

    at least I am posting my fake trades real time here.
    Where are yours?
     
    #95     Dec 2, 2016
  6. eyedy

    eyedy

    so where do I exit my long position?

    I need to watch closely how market behaves around ES 2213 and how market close today.
     
    #96     Dec 5, 2016
  7. eyedy

    eyedy

    so market printed 2179 ovenight and undercut previous high(2184).
    usually market revisit those undercut price during RTH, but it looks like it's not going to this time.
     
    #97     Dec 5, 2016
  8. eyedy

    eyedy

    Thanks for the post.
    I do think position sizing is important in swing trading.

    1 ES per 100K is not that conservative in my experience.

    If S&P drops 1% in a single day, 1 ES per 100K drops approximately 1% as well.

    That's a lot considering you only trade 7 or 8 times a year.
     
    #98     Dec 5, 2016
  9. Pekelo

    Pekelo

    It is very conservative. As you said, it is no leverage whatsoever.
     
    #99     Dec 5, 2016
  10. eyedy

    eyedy

    It's true, it's no leverage.
    but as I said in earlier posts, I don't use hard stops.
    There are rare cases where I have to go through 5-6 % draw down with 1ES per 100K.

    can not increase leverage knowing that kind of dd is part of this game.
     
    #100     Dec 5, 2016