ES Journal - 2013

Discussion in 'Journals' started by Trvlwanderer, Jan 3, 2013.

  1. gmst

    gmst

    Short 1490.75

    Adding at 1492

    Target 1488 and 1486.
     
    #591     Jan 23, 2013
  2. ammo

    ammo

    470 weekly puts are 2 .88 for a cheap shot,might be cheaper at 5 minutes til close
     
    #592     Jan 23, 2013
  3. haha perma bear over here.. i know your going to be right before you know it ..
     
    #593     Jan 23, 2013
  4. ammo

    ammo

    hurry hurrry,limited time offer, buy now for only ...
     
    #594     Jan 23, 2013
  5. gmst

    gmst

    Agreed, its a good risk to take.
     
    #595     Jan 23, 2013
  6. omg NFLX.
     
    #596     Jan 23, 2013
  7. that is similar to a buyout type move.
     
    #597     Jan 23, 2013
  8. gmst

    gmst

    Filled at 88, 87 and 86. Flat now.

    However, it seems to me that we are going below 80 and probably I should have kept 1 short.

    So, offering again at 1490 with a 3 point stop and target below 1480.
     
    #598     Jan 23, 2013
  9. -275 on es..
    +67 on NQ

    hard lesson about using my interface on after hours trading... i got out long on the knee jerk in the NQ .. and my stop didn't go through on my chart trader possibly because it wasn't displaying after hours data.. IB.. either way.. that cost me about a hundred bucks.. i was trying to trade the after hour action related to apple.. obviously it didn't work out :) i have a credit spread on that will be worth almost nothing tommorrow (most likely) that will take away from that ES loss a little..
     
    #599     Jan 23, 2013
  10. gmst

    gmst

    This little post market analysis is good. You wrote couple days ago that you are new to ES. Chances are you will lose money for few months, till you can figure this thing out. It is really hard to trade. When I started out trading ES, I lost consistently on an average 2 points per contract per day - and this continued for first 6 months :) After that I took around 4-6 months when I was breakeven with some occasional big losses thrown in. And only after going through all this clusterfuck, I started to make some money.

    Guys to learn something from on this thread - Ammo, Volentte, wave (posts rarely), LC(Lawrence Chan), Pekelo, iloveoptions, Bigsnack (doesn't post anymore). And sure I am missing many more. Good luck.
     
    #600     Jan 23, 2013