ES Journal - 2015

Discussion in 'Journals' started by Buy1Sell2, Jan 8, 2015.

  1. Buy1Sell2

    Buy1Sell2

    That's exactly right. In a moment I will share a posting from page 145 that indicates what my position is on the why behind averaging.
     
    #5811     Dec 7, 2015
  2. Buy1Sell2

    Buy1Sell2

    From page 145-----

    --Must have stop posted.
    --Average or "add" trades are not a part of this journal and are an attempt to mask poor timing skills, or the fact that trades are not real, or to announce that one is not able to admit when wrong.
    Feel free to post these types of "trades"--the information is meaningless however.
     
    #5812     Dec 7, 2015
  3. Buy1Sell2

    Buy1Sell2

    Exactly
     
    #5813     Dec 7, 2015
  4. wouldn't be surprised to see a huge move up or down here

    if bottom is in, this moves to 2077 fast
     
    #5814     Dec 7, 2015
  5. Buy1Sell2

    Buy1Sell2

    This behavior is generally spotted easily. You will usually see a number of average or "add" trades, followed by either a non posting when the market goes fairly far away or a poster gone missing, or if the market comes back, the poster will take a profit at very small gain, or breakeven.
     
    #5815     Dec 7, 2015
  6. Buy1Sell2

    Buy1Sell2

    Stopped out for 2.5 pt loss
     
    #5816     Dec 7, 2015
  7. not everyone trades like you obviously

    everyone has a different method
     
    #5817     Dec 7, 2015
  8. Buy1Sell2

    Buy1Sell2

    DT UM Long 2067.75. Initial stop 2061.25
     
    #5818     Dec 7, 2015
  9. Zodiac4u

    Zodiac4u

    61 is the stop sign.
     
    #5819     Dec 7, 2015
  10. Buy1Sell2

    Buy1Sell2

    Once a person understands that it's ok to be wrong and can reveal it to others, only then can they begin to excel at trading. A person adding until the market moves in their direction and then taking a small profit when it does, it asking us to believe that they would would risk 30, 40 , 50 or 100 to get 1 or.5. The information is not good information and is not useable.
     
    #5820     Dec 7, 2015
    DarthSidious and Stewie like this.