ES Journal - 2012

It was stops placed by the longs getting chewed up not active trading. The volume gives a clue as to how much money was wiped out.

 

and the slide begins...

 

Important lesson to behold, ALWAYS have a stop and profit target in place. This can happen at any time and to seemingly any extent.

 

see you at 1500+ in next 90 days

 

More important lesson


fear is stronger than greed


Majority of limit stops would not have got filled on move down


anyone seen rickshaw ?

 

It's sure not in any hurry back to high 1430's.

 

They are both detrimental to your wealth.

 

oh yea last time i saw a 50 point range in night session was....

never.

Must be those HFT

 

damn youngsters


January 24, 2008


September 19, 2008

 

Says the guy who is prob listening to lil Wayne or yung joc right now...