ES Journal - 2014

Discussion in 'Journals' started by murica, Jan 1, 2014.

  1. Zodiac4u

    Zodiac4u

    You can learn one item and when you learn it well! You can make a very good living trading it! Or you can continue with the mixed bag of trix and hope for a home run to cover your losses?
     
    #301     Jan 16, 2014
  2. gmst

    gmst

    Newboy a little bit of advice.

    Take a trade only when you are comfortable with a target of at least 4-6 points. A target of 1.5 points will make for very bad training, if you want to learn ES.

    Moniker newboy is not intended as an insult. I think you are new to futures trading and I assure you successfully trading ES is easily the toughest thing you have ever attempted in your life. Definitely tougher than getting a graduate degree in engineering.
     
    #302     Jan 16, 2014
  3. Ok, however can S&P rise when GOOG is -10, AAPL -11 for an extreme example? It's all interconnected I try to look at major tech players (companies) for direction. Are you saying that's not necessary?
     
    #303     Jan 16, 2014
  4. My opinion AAPL is a drag on major markets so far. Also my opinion that we'll see AAPL break green before this goes any lower. Therefore, I am bullish here.

    My thought processes, am I wrong?
     
    #304     Jan 16, 2014
  5. long 1837.25 stop 1835 target 1841
     
    #305     Jan 16, 2014
  6. Can they see my stops?:confused:

    I'm placing a mental stop next trade, not a hard active one to see what's going on on way or other.
     
    #306     Jan 16, 2014
  7. long 1836.50 (mental stop) 1835 target 1841

    AAPL needs to turn green here
     
    #307     Jan 16, 2014
  8. GOOG is still +6

    you going to tell GOOG their wrong :D
     
    #308     Jan 16, 2014
  9. pulling my target 1841...cover when AAPL is +1.79 green
     
    #309     Jan 16, 2014
  10. ammo

    ammo

    if you are going to use these as indicators, you need long term mid term and short term supp res areas and then if they synchronize ,you have a good mixed bag, if not ,keep dropping and adding til you do get something that sync's, you would be better off using things that work together,goog,aapl and nflx together may give you a group to sync with nq,ibm xom,cat ge for ym,es ,i prefer spx trans dow and ndx to use for sync for es...you don't want apples and oranges
     
    #310     Jan 16, 2014