ES Journal - 2015

Stopped for loss of 1.25 pts

 

DT UM Long 2085.00 Initial stop 2083.25 Will sell at 2092.00

 

For small stops 30sec trigger chart is VERY handy

 

DT UM Long 2085.00 Initial stop 2083.25 Will sell at 2092.00
--Raising profit target to 2094.00

 

DT UM Long 2085.00 Initial stop 2083.25 Will sell at 2092.00
--Raising profit target to 2094.00
-- Out at end of day at 2088.25 for3.25 pt gain. 10 to 1 margin

 

That's how the cookie crumbles. Thought we'd make it to 2094 but only made 2093.

 

Averaging instead of just using full position with close stops is not a good long term plan. In order to use stops, you must able to admit when wrong. This is critical to successful trading--admitting when wrong and doing it early.

 

still holding on, will add more contracts to short at the open

 

normally that's true but this is a range bound market until fed's december decision

 

covered 2077.5, will short bounces

+.5