ES Journal - 2014

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

  1. EON Kid

    EON Kid

    made 1 point ...mission accomplished :D
     
    #5561     Jul 29, 2014
  2. Aj2014

    Aj2014

    moving stop to 76.50
     
    #5562     Jul 29, 2014
  3. Aj2014

    Aj2014

    taking too long. Suspicious.
    Out here at 1974.25 +1
     
    #5563     Jul 29, 2014
  4. nah, but it's my immediate goal. even 1 pt/ day avg with enough volume CONSISTENTLY would be great
     
    #5564     Jul 29, 2014
  5. Visaria

    Visaria

    Ooooh, another one falling into the TRAP :D

    (you're gonna regret it...)
     
    #5565     Jul 29, 2014
  6. Visaria

    Visaria

    Interesting, but I would say it's far easier to lose 1 point a day...you have spreads and commissions .... do twenty trades a day and that's probably 1 point right there in commiss.
     
    #5566     Jul 29, 2014
  7. Regret what exactly?

    So you're saying it's isn't very doable?

    at the risk of sounding childlike , I'm just trying to get a feel for the possibilities...
     
    #5567     Jul 29, 2014
  8. Well by netting 1pt/day avg I meant net everything. Spreads, commissions, gross losses, occasional mistakes, whatever...
     
    #5568     Jul 29, 2014
  9. Visaria

    Visaria

    Difficult to explain. Averaging 1 point a day is the preserve of bots and HFT and market makers and all that crap. A point a day pays their bills. But it has to come from somewhere i.e. you. But you want to turn the tables on them, and take it from them. That's the trap you're falling into. Are they really going to pay you that?

    It's not your (retail) domain. Try it for a month and you'll see what i mean (your brokers will luv you, btw).
     
    #5569     Jul 29, 2014
  10. Netting 1 ES point per day is definitely doable as long as you don't make it your daily goal.
     
    #5570     Jul 29, 2014